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Property profile & analytics
OFF-MARKET
Apartment buildings
1378 Patricia Ave, Simi Valley, CA 93065-2895
Trust Owned
9-yr Hold
Property ID
US10-1477983
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2015
Construction
WOOD
Total area
794 SF
Lot
0.61 ac (26,571 SF)
Zoning code
RH-1
APN
632-0-080-205
UPID
US10-1477983
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Peters,scott W & C K Trust · 9 yrs held
Peters,scott W & C K Trust
since 2016
7 recorded transactions
Zoning & alternative use
RH-1 · Simi Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Simi Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simi Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$23,260
Tax year 2023
Assessed value
$2,131,018
Assessed 2024
Previous assessed
$2,089,234
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$506,200
Assessed improvement
$1,624,818
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
NONE
Stories
1
Rooms
2
Bathrooms
1
Total area
794 SF
Lot
0.61 ac (26,571 SF)
Zoning code
RH-1
APN
632-0-080-205
UPID
US10-1477983
Jurisdiction
VENTURA
Zoning & alternative use
RH-1 · Simi Valley, CA
Zoning RH-1 · permitted uses
RH-1 · Simi Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simi Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
WOOD
Heating
NONE
Stories
1
Rooms
2
Bathrooms
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
Peters,scott W & C K Trust
Trust
Mailing address
30001 TRIUNFO DR, AGOURA, CA 91301-3028
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2019
—
Scott W Peters
—
Deed
related
$1,732,500 · Firefighters First FCU
Aug 2, 2016
—
Peters,scott W & C K Trust
Sageview Properties LLC
Quit Claim Deed
related
—
Feb 9, 2016
—
Sageview Properties LLC
Peters Scott W & C K Trust
Quit Claim Deed
related
—
Apr 5, 2006
—
Patricia Project Dev LLC
Derhy,meir
Grant Deed
—
Mar 24, 2006
—
Meir Derhy
Savas,athena
Grant Deed
related
—
Feb 11, 2005
$950,000
Meir Derhy
Peters Scott W & C K Trust
Grant Deed
$830,000 · Peters Scott W & C K Trust
Feb 13, 2003
$329,000
Peters,tr
Fitzsimmons,n
Grant Deed
$295,771 · Washington Mutual Fsb
Jul 14, 1992
$21,000
Neale Fitzsimmons
Geffner,david
Grant Deed
—
Mar 17, 1992
$22,932
Geffner David
Seiler Lorraine
Trustees Deed
related
—
—
—
Lorraine Seiler
—
Deed Of Trust
related
$5,000 · Individual
—
—
Lorraine Seiler
—
Deed Of Trust
related
$21,000 · Individual
—
—
Lorraine Seiler
—
Deed Of Trust
related
—
—
—
Neale Ftizsimmons
—
Deed Of Trust
related
$141,000 · Greenpoint Mortgage Funding
—
—
Neale Fitzsimmons
—
Deed Of Trust
related
$109,500 · Clark Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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