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Property profile & analytics
OFF-MARKET
Estimated value
$3,580,000
Industrial land
1620 Ives Ave 1640 Oxnard, CA 93033-1888
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1469798
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.93 ac (40,336 SF)
Zoning code
BRP
APN
220-0-274-115
UPID
US10-1469798
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
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.58M
Owner & transaction history
Ives Qozb LLC · 4 yrs held
Ives Qozb LLC
since 2022
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
BRP · Oxnard, 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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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
$3,635,000
ML approach
$3,680,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.58M
Range $3.22M – $3.94M · ±10% · vs last sale $3.50M (Jan 3 2022)
Last sale anchor
$3.50M
Jan 3 2022
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
—
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
$13,818
Tax year 2023
Assessed value
$1,165,248
Assessed 2024
Previous assessed
$1,142,400
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,165,248
Applied tax rate
3.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.93 ac (40,336 SF)
Zoning code
BRP
APN
220-0-274-115
UPID
US10-1469798
Jurisdiction
VENTURA
Zoning & alternative use
BRP · Oxnard, CA
Zoning BRP · permitted uses
BRP · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.93 ac
Current owner
From public records · entity-resolved
Ives Qozb LLC
Entity
Mailing address
201 WILSHIRE BLVD FL #2, SANTA MONICA, CA 90401-1219
Ownership since
2022
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
Feb 29, 2024
—
Levy Affiliated Holdings LLC
—
Deed
related
$1,250,000 · Michael Molayem
Jan 16, 2024
—
Ives Qozb LLC
—
Deed
related
$300,000 · Haleh Atefi
Jan 3, 2022
$3,500,000
Ives Qozb LLC
Sarkis Alajajyan
Grant Deed
$2,450,000 · Sarkis & Repsek Alajajyan Family Tr
Sep 14, 2017
—
Alajajyan,sarkis Trust
Alajajyan,sarkis & Repsek
Quit Claim Deed
related
—
Mar 28, 2017
$465,000
Sarkis Alajayan
Hong,son T
Grant Deed
—
May 3, 2002
$117,000
Son T Hong
Channel Islands Business Ctr
Grant Deed
—
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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