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Property profile & analytics
FOR LEASE
Strip malls
1951 Sequoia Ave, Simi Valley, CA 93063
Trust Owned
7-yr Hold
Free & Clear
Property ID
US10-1478044
For Lease
1 / 8
$645,000
1951 Sequoia Ave, Simi Valley, CA 93063
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Property summary
AI-generated overview
Sequoia Plaza, located at 1951 Sequoia Ave, Simi Valley, CA 93063, presents a fantastic retail opportunity. This commercial strip center end cap boasts a total of 4,521 square feet, with 2,592 square feet currently vacant and immediately available. The property features a convenient location at the southwest corner of East Los Angeles Avenue and North Sequoia Avenue, a major signalized intersection in central Simi Valley. This high-traffic area provides excellent visibility and accessibility to the community's 125,000+ residents, situated at the junction of two major commuter thoroughfares. The building offers ample parking with 22 spaces available for customers and employees. The available space is ideal for a variety of retail uses and presents a unique chance to establish a business in a thriving Simi Valley location. The property is classified as a multi-tenant retail space. Don't miss this chance to secure a prominent retail presence in a high-demand area. Contact us today to schedule a viewing.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
5,652 SF
Lot
0.53 ac (23,086 SF)
Zoning code
RPD10
APN
642-0-303-305
UPID
US10-1478044
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
-
Dr. Porter, Collective Chiropractic Inc. Alternative Medicine Practice
-
Repairs Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$645k
Owner & transaction history
Mutal,michael Separate Prop Trust · 7 yrs held
Mutal,michael Separate Prop Trust
since 2018
3 recorded transactions
Zoning & alternative use
RPD10 · Simi Valley, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$114 / 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
$6,486
Tax year 2023
Assessed value
$589,219
Assessed 2024
Previous assessed
$577,666
+2.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$155,419
Assessed improvement
$433,800
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Heating
NONE
Rooms
2
Total area
5,652 SF
Lot
0.53 ac (23,086 SF)
Zoning code
RPD10
APN
642-0-303-305
UPID
US10-1478044
Jurisdiction
VENTURA
Zoning & alternative use
RPD10 · Simi Valley, CA
Zoning RPD10 · permitted uses
RPD10 · Simi Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simi Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Rooms
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Mutal,michael Separate Prop Trust
Trust
Free & Clear · 7 yrs held
Mailing address
278 GOLDENWOOD CIR, SIMI VALLEY, CA 93065-6771
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2018
—
Mutal,michael Separate Prop Trust
Mutal,michael M
Quit Claim Deed
related
—
Jul 28, 2016
—
Rif Investments-3 LLC
Los Angeles Smsa LP
Quit Claim Deed
related
—
Jul 25, 2012
—
Michael Mutal
Mutal Family Trust
Quit Claim Deed
related
—
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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