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Property profile & analytics
OFF-MARKET
Estimated value
$3,285,000
Investment properties
2140 Winifred St Simi Valley, CA 93063-2934
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1465023
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1984
Total area
16,344 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CPD
APN
618-0-151-495
UPID
US10-1465023
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
by Request
CAP Approach
CAP
$3.54M
Comparable Approach
Comparable
$2.78M
Blend (final)
Blend
$3.29M
Owner & transaction history
Mbm Partners LLC · 11 yrs held
Mbm Partners LLC
since 2014
7 recorded transactions
Zoning & alternative use
CPD · Simi Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CPD zoning district is intended to encourage the development of attractive, innovative, and efficient commercial sites containing a broad range of retail, office and service commercial uses.
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
317.21 ac
Source
Realmo
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%
$3,830,000
6.5%
$3,535,000
7%
$3,285,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,755,000
Change: -14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,740,000
Change: -14% · Conversion: Moderate
Blend value · Realmo final
$3.29M
Range $2.96M – $3.61M · ±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
$201 / 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
$35,494
Tax year 2023
Assessed value
$3,358,104
Assessed 2024
Previous assessed
$3,358,104
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,030,997
Assessed improvement
$2,327,107
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
Off-Market
Year built
1984
Heating
NONE
Total area
16,344 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CPD
APN
618-0-151-495
UPID
US10-1465023
Jurisdiction
VENTURA
Zoning & alternative use
CPD · Simi Valley, CAZoning CPD · permitted uses
CPD · Simi Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CPD zoning district is intended to encourage the development of attractive, innovative, and efficient commercial sites containing a broad range of retail, office and service commercial uses.
Zone name
Commercial Planned Development
General category
PLANNED_DEVELOPMENT
Zone area
317.21 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.7M
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
1984
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
Mbm Partners LLC
Entity
Mailing address
4277 VLY FAIR ST, SIMI VALLEY, CA 93063-2940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2021
—
Mbm Partners LLC
—
Deed
related
$2,162,000 · Signature Bank
Oct 31, 2014
$2,850,000
Mbm Partners LLC
Miller Douglas E Trust
Grant Deed
$1,852,500 · Bank Of The West
Dec 23, 2009
—
Miller Douglas E Trust
2140 Winifred LLC
Grant Deed
—
Sep 30, 2004
—
2140 Winifred LLC
Miller,douglas E
Grant Deed
related
—
Jun 27, 1996
$730,000
Stores Protective Association
Blake,robert L
Grant Deed
$549,750 · Transworld Bank
Aug 15, 1991
$284,494
Robert L J Blake
Williams,william
Trustees Deed
related
—
—
—
William Williams
—
Deed Of Trust
related
$572,280 · Homefed Bank
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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