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Property profile & analytics
OFF-MARKET
Estimated value
$3,520,000
Industrial properties
2285 Ward Ave Simi Valley, CA 93065-1863
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-0672152
Property profile
Verified
Property type
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Year built
1990
Total area
54,766 SF
Lot
2.08 ac (90,604 SF)
Zoning code
GI
APN
630-0-141-075
UPID
US10-0672152
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
-
P.Q.L., Inc. - Premium Quality Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
-
Elite Combine Training Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.52M
Owner & transaction history
Andrew M Sreden · 3 yrs held
Andrew M Sreden
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
GI · 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
Method
Estimation
Statistic approach
$3,565,000
ML approach
$3,645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.52M
Range $3.17M – $3.87M · ±10% · vs last sale $3.44M (Aug 29 2022)
Last sale anchor
$3.44M
Aug 29 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
$64 / 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
$45,208
Tax year 2023
Assessed value
$4,217,970
Assessed 2024
Previous assessed
$4,135,265
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,008,149
Assessed improvement
$3,209,821
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
Industrial properties
Use group
MULTI-TENANT INDUSTRIAL BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Total area
54,766 SF
Lot
2.08 ac (90,604 SF)
Zoning code
GI
APN
630-0-141-075
UPID
US10-0672152
Jurisdiction
VENTURA
Zoning & alternative use
GI · Simi Valley, CA
Zoning GI · permitted uses
GI · 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
Year built
1990
Heating
NONE
Lot
2.08 ac
Current owner
From public records · entity-resolved
Andrew M Sreden
Individual
Mailing address
2285 WARD AVE, SIMI VALLEY, CA 93065-1863
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2023
—
Andrew M Sreden
—
Deed
related
$5,000,000 · Jpmorgan Chase Bank NA
Aug 29, 2022
—
Andrew M Sreden
Andy Sreden
Intrafamily Transfer
related
—
Jul 21, 2021
—
Andy Sreden
—
Deed
related
$2,000,000 · Manufacturers Bank
May 28, 2021
—
Andrew Sreden
—
Deed
related
$1,087,500 · Manufacturers Bank
Dec 15, 1994
$3,437,000
Czx Partnership
Sanport Business Center Assoc
Grant Deed
$1,951,000 · Bank Of America Community Dev
—
—
Sreden,tr
—
Deed Of Trust
related
$1,712,060 · Bank Of America
—
—
Sreden Trust
—
Deed Of Trust
related
$400,000 · Manufacturers Bank
—
—
Sreden Trust
—
Deed Of Trust
related
$1,511,000 · Manufacturers 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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