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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Apartment buildings
1840 Colonia Pl Camarillo, CA 93010-7860
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1495771
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1953
Construction
WOOD
Total area
3,312 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RPD
APN
162-0-102-030
UPID
US10-1495771
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
$640k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$635k
Owner & transaction history
Colonia Simpson LLC A Californ · 6 yrs held
Colonia Simpson LLC A Californ
since 2020
Last sale
$471,500
5 recorded transactions
Zoning & alternative use
RPD · Camarillo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of RPD district is to provide a method for designing and developing land as a unit for residential use using modern site planning techniques, to create a stable and desirable environment harmonious with surrounding development, to meet standards for open space, light, air, and circulation, allowing the planning commission to approve permits for f…
Zone name
Residential Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
777.15 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$965,000
+0.3%
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 Camarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camarillo 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
$635,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$960,000
Current use
WAREHOUSE, STORAGE
$965,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $472k (May 1 2020)
Last sale anchor
$472k
May 1 2020
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
$192 / 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
$12,201
Tax year 2023
Assessed value
$1,115,825
Assessed 2024
Previous assessed
$1,093,947
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$318,131
Assessed improvement
$797,694
Applied tax rate
7.0000
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
1953
Construction
WOOD
Heating
NONE
Total area
3,312 SF
Lot
0.24 ac (10,454 SF)
Zoning code
RPD
APN
162-0-102-030
UPID
US10-1495771
Jurisdiction
VENTURA
Zoning & alternative use
RPD · Camarillo, CAZoning RPD · permitted uses
RPD · Camarillo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of RPD district is to provide a method for designing and developing land as a unit for residential use using modern site planning techniques, to create a stable and desirable environment harmonious with surrounding development, to meet standards for open space, light, air, and circulation, allowing the planning commission to approve permits for four units or less per acre under R-1 zone conditions, and to approve residential planned development permits for greater densities or design departures after a public hearing and required findings, provided the density does not exceed the general plans authorization.
Zone name
Residential Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
777.15 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$960,000
WAREHOUSE, STORAGE
Est. value
$965,000
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
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
1953
Construction
WOOD
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Colonia Simpson LLC A Californ
Entity
Mailing address
30431 MORNING VW DR, MALIBU, CA 90265-3620
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2020
—
Colonia Simpson LLC A Californ
Steven Bard
Quit Claim Deed
related
—
Aug 28, 2014
$471,500
Steven Bard
Fiore,rick & Terri
Grant Deed
—
May 6, 2005
—
Vince Poppen
Poppen,joel M
Quit Claim Deed
related
—
May 6, 2005
$1,000,000
Rick Fiore
Wharton Tom E & H A Trust
Grant Deed
—
Aug 8, 1997
$161,000
Tom E Wharton
Wandell Trust
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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