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Property profile & analytics
FOR LEASE
Investment properties
1720 E Los Angeles Ave Simi Valley, CA 93065
Trust Owned
13-yr Hold
~
Est. High Equity
Property ID
US10-1453461
For Lease
1 / 2
$5,855,000
1720 E Los Angeles Ave, Simi Valley, CA 93065
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Total area
28,465 SF
Lot
1.68 ac (73,180 SF)
APN
632-0-040-615
UPID
US10-1453461
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
Current use
Occupant on record · Public records
-
Shaun Jones Real Estate Team Real Estate Agency
-
Simi Watch and Jewelry (Bike/Boat/Book/etc) Store
-
Dental Group of Simi Valley Dental Office
-
Dental Group-Simi Valley: Laura Jen Kin DDS Dental Office
-
Safe Way Driving School Training Center Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.16M
Comparable Approach
Comparable
$5.04M
Blend (final)
Blend
$5.86M
Owner & transaction history
Kumar Shivani Living Trust · 13 yrs held
Kumar Shivani Living Trust
since 2013
6 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,675,000
6.5%
$6,160,000
7%
$5,720,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,570,000
Current use
WAREHOUSE, STORAGE
$8,280,000
Change: -14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,255,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$5.86M
Range $5.27M – $6.44M · ±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
$206 / 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
$64,152
Tax year 2023
Assessed value
$6,081,295
Assessed 2024
Previous assessed
$5,962,054
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,694,557
Assessed improvement
$4,386,738
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1976
Heating
NONE
Total area
28,465 SF
Lot
1.68 ac (73,180 SF)
APN
632-0-040-615
UPID
US10-1453461
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.6M
WAREHOUSE, STORAGE
Est. value
$8.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.3M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1976
Heating
NONE
Lot
1.68 ac
Current owner
From public records · entity-resolved
Kumar Shivani Living Trust
Trust
Mailing address
20609 OAKSBORO CIR, WOODLAND HILLS, CA 91364-5667
Ownership since
2013
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
Apr 1, 2021
—
Pradeep Kumar
—
Deed
related
$2,115,997 · American Business Bank
Jun 17, 2016
—
Kumar Family Trust
—
Deed
related
$14,006 · American Busn Bk
Jan 8, 2013
—
Kumar Shivani Living Trust
Kumar,shivani
Quit Claim Deed
related
—
Dec 28, 2012
—
Shivani Kumar
Kumar Family Trust
Quit Claim Deed
related
—
Jan 4, 2005
—
Plaza Cedar
Owner Name Unavailable
Grant Deed
—
—
—
Kumar Family Trust
—
Loan Modification
related
$14,006 · American Busn Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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