Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,145,000
Warehouses
2165 Ortega Hl Rd Summerland, CA 93067-8045
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1675013
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
0.61 ac (26,571 SF)
APN
005-121-005
UPID
US09-1675013
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
$5.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.15M
Owner & transaction history
Summerland Self Storage LLC · 3 yrs held
Summerland Self Storage LLC
since 2022
Last sale
$4.4M
7 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 Summerland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Summerland 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
$5,985,000
ML approach
$5,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.15M
Range $4.63M – $5.66M · ±10% · vs last sale $4.35M (Aug 5 2022)
Last sale anchor
$4.35M
Aug 5 2022
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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$47,938
Tax year 2024
Assessed value
$4,437,000
Assessed 2024
Previous assessed
$4,437,000
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$2,397,000
Applied tax rate
59.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
0.61 ac (26,571 SF)
APN
005-121-005
UPID
US09-1675013
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.61 ac
Current owner
From public records · entity-resolved
Summerland Self Storage LLC
Entity
Mailing address
5380 OPAS RD, GOLETA, CA 93111-2008
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Summerland Self Storage LLC
—
Deed
related
$2,640,000 · The Golden 1 Cu
Aug 5, 2022
$4,350,000
Summerland Self Storage LLC
Susan Carr
Grant Deed
$4,350,000 · Santa Barbara Commercial Fund LLC
Apr 20, 2007
—
Levine Steve & K T 2007 Trust
Levine,steven & Kathi T
Quit Claim Deed
related
—
Mar 20, 2007
—
Levine Steve & K T 2007 Trust
Levine,steven & Kathi T
Quit Claim Deed
related
—
Apr 23, 2002
—
Levine,s Tr
Levine,s
Quit Claim Deed
related
—
Nov 19, 1997
—
Steven Levine
Levine,steven
Quit Claim Deed
related
$300,000 · Santa Barbara Bank & Trust
Nov 25, 1992
$525,000
Steven Levine
Eldred,david E
Grant Deed
$100,000 · Seller
—
—
Steven Levine
—
Deed Of Trust
related
$200,000 · Santa Barbara Bank & Trust
—
—
Steven Levine
—
Deed Of Trust
related
$25,000 · Santa Barbara Bank & Trust
—
—
Steven Levine
—
Deed Of Trust
related
$50,000 · Santa Barbara Bank & Trust
—
—
Steven Levine
—
Deed Of Trust
related
$25,000 · Santa Barbara Bank & Trust
—
—
Steven Levine
—
Deed Of Trust
related
$400,000 · City Commerce Bank
—
—
Steven Levine
—
Deed Of Trust
related
$500,000 · Los Padres Bank
—
—
Levine Steve & K T 2007 Trust
—
Deed Of Trust
related
$50,000 · Bank Of Santa Barbara
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?”
You own 2165 Ortega Hl Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
