Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1650 Los Angeles Ave Simi Valley, CA 93065-2020
    Back to Search
    Property profile & analytics

    1650 Los Angeles Ave, Simi Valley, CA 93065-2020

    View on Map
    • Strip malls
    • 5,760 SF
    • 0.29 lot acres
    Off-Market
    Property ID
    US10-1482801
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $600,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ria Money Transfer - Valley Multiservices / Bank / Credit Union
    • Vigo / Bank / Credit Union
    • MoneyGram / Bank / Credit Union

    Property Details for 1650 Los Angeles Ave

    Year built
    1959
    Lot size
    0.29 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    632-0-030-645
    APU
    6320030645

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 5, 1999 $375,000 Mohammad Kassem Smith,nehemiah Grant Deed $75k · Seller
    Nov 29, 1994 $460,000 Barbara J Maller Anna B Smith Estate Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Simi Valley
    County
    Ventura
    State
    California
    Longitude
    -118.766
    Latitude
    34.2714
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,216
    $199,793
    $376,545
    $576,338
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.80 Acres

      Cochran St

      SHOPPING CENTER, STRIP CENTER
      Cochran St, Simi Valley, CA 93065
      View Details
    • Value Estimation
      $1,480,000
      14,693 SF

      2585 Cochran St

      SHOPPING CENTER, STRIP CENTER
      2585 Cochran St, Simi Valley, CA 93065-2602
      View Details
    • Value Estimation
      $3,760,000
      7,606 SF

      153 Cochran St

      SHOPPING CENTER, STRIP CENTER
      153 Cochran St, Simi Valley, CA 93065-6220
      View Details
    • Value Estimation
      $550,000
      4,550 SF

      1222 Los Angeles Ave

      SHOPPING CENTER, STRIP CENTER
      1222 Los Angeles Ave, Simi Valley, CA 93065-2804
      View Details
    • Value Estimation by Request
      21,873 SF

      1101 Los Angeles Ave

      SHOPPING CENTER, STRIP CENTER
      1101 Los Angeles Ave, Simi Valley, CA 93065-2801
      View Details
    • Value Estimation by Request
      5,500 SF

      2090 1st St

      SHOPPING CENTER, STRIP CENTER
      2090 1st St, Simi Valley, CA 93065-2861
      View Details

    Similar Nearby for Sale

    • $6,750,000
      44,881 SF

      Simi Valley DIY Home Center

      44,881 SF single-tenant NNN property on 2.89 acres.
      2695 Cochran St, Simi Valley, CA 93065
      View Details
    • $3,200,000

      Del Taco Ground Lease Opportunity

      Passive net lease investment with zero landlord responsibilities.
      Simi, Simi Valley, CA 93065
      View Details
    • $1,157,500
      2,579 SF

      Commercial Property in Simi Valley

      Commercial property with 2579 square feet of space.
      875 Cochran St, Simi Valley, CA 93065
      View Details
    • $4,300,000

      New Townhomes in Simi Valley

      Six new construction townhomes with modern design and smart amenities.
      1740 Patricia Ave, Simi Valley, CA 93065
      View Details
    • New
      $2,999,999
      8,445 SF

      Flexible Multi-Unit Industrial Building

      Multi-tenant-configurable warehouse on a 0.7-acre parcel with extensive parking and direct Los Angeles Avenue access.
      875 E Los Angeles Ave, Simi Valley, CA 93065
      View Details
    • $295,000

      Home Health Agency Opportunity

      Turnkey Home Health Agency for sale in Simi Valley.
      1919 Williams St, Simi Valley, CA 93065
      View Details

    Similar Nearby for Lease

    • $1.65 SF/Yr
      1,750 SF

      Renovated Retail Space in Simi

      Recently renovated retail property with frontage on Los Angeles Avenue.
      1512-1534 E Los Angeles Ave, Simi Valley, CA 93065
      View Details
    • Contact for pricing
      13,557 SF

      Retail Space in High-Traffic Plaza

      Retail space in a plaza anchored by Sprouts Farmers Market.
      2720 Cochran St, Simi Valley, CA 93065
      View Details
    • Contact for pricing
      4,998 SF

      Retail Space in Simi Valley

      Neighborhood shopping center with anchor, pad, and in-line space.
      501 Country Club Dr, Simi Valley, CA 93065
      View Details
    • $8,200 /Mo
      5,000 SF

      Simi Valley Commercial Sublease Opportunity

      Multi-tenant building in West Simi Valley available for sublease.
      888 E Easy St, Simi Valley, CA 93065
      View Details
    • $8,200 /Mo

      Versatile Multi-Tenant Building in Simi

      CPD-zoned building suitable for industrial, retail, or light commercial use.
      888 E Easy St, Simi Valley, CA 93065
      View Details
    • $0.15 SF/Yr
      1,725 SF

      Retail and Office Suites

      Retail and office suites for lease in Simi Valley.
      1720 E Los Angeles Ave, Simi Valley, CA 93065
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1650 Los Angeles Ave
    Simi Valley, CA 93065-2020
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1650 Los Angeles Ave, Simi Valley, CA, 93065
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!