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Property profile

1987 Ridgegate Ln Simi Valley, CA 93065

OFF-MARKET
Apartment buildings
Property ID
US10-1496437
View Sample
276,943 SF 24.62 ac lot Built 1989
Entity Owned 13-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1989
Total area 276,943 SF
Lot 24.62 ac (1,072,534 SF)
Zoning code RVH-
APN 580-0-020-565
UPID US10-1496437

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex Apartment Building

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$35.31M

Owner & transaction history

since 2013
5 recorded transactions
2023
Price N/A
2013
Price N/A
1999
$6.9M
1999
$158,363
1969
Price N/A

Zoning & alternative use

RVH- · Simi Valley, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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