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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Warehouses
1566 Los Angeles Ave Ventura, CA 93004-3216
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1115979
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
18,157 SF
Lot
4.82 ac (210,024 SF)
Zoning code
M1
APN
090-0-110-235
UPID
US09-1115979
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
$3.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.70M
Owner & transaction history
Saticoy Self Storage LLC · 4 yrs held
Saticoy Self Storage LLC
since 2021
6 recorded transactions
Zoning & alternative use
M1 · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$5.9M
+10.8%
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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,745,000
6.5%
$3,455,000
7%
$3,210,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,280,000
Current use
OFFICE BUILDING
$5,850,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$204 / SF
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
$91,964
Tax year 2023
Assessed value
$7,760,819
Assessed 2023
Previous assessed
$7,760,819
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$1,766,278
Assessed improvement
$5,994,541
Applied tax rate
91.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
NONE
Total area
18,157 SF
Lot
4.82 ac (210,024 SF)
Zoning code
M1
APN
090-0-110-235
UPID
US09-1115979
Jurisdiction
VENTURA
Zoning & alternative use
M1 · Ventura, CA
Zoning M1 · permitted uses
M1 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.3M
OFFICE BUILDING
Est. value
$5.9M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Lot
4.82 ac
Current owner
From public records · entity-resolved
Saticoy Self Storage LLC
Entity
Mailing address
1566 LOS ANGELES AVE, VENTURA, CA 93004-3216
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2021
—
Saticoy Self Storage LLC
Saticoy Self Storage LLC
Intrafamily Transfer
related
—
Dec 24, 2019
—
Saticoy Self-storage LLC
—
Grant Deed
related
$17,000,000 · Mutual/omaha Bk
Jun 2, 2003
—
Saticoy Self-storage LLC
Real Estate Special Opportunit
Grant Deed
$8,000,000 · John Hancock Life Insurance Co
Sep 2, 1998
$925,000
Estate Real Special
Hiji Bros INC
Grant Deed
—
—
—
Saticoy Self-storage LLC
—
Deed Of Trust
related
$10,000,000 · John Hancock Life Insurance Co
—
—
Saticoy Self-storage LLC
—
Deed Of Trust
related
$16,000,000 · Rga Reinsurance Co
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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