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Property profile & analytics
OFF-MARKET
Strip malls
2353 Tapo St Simi Valley, CA 93063
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1483326
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1979
Total area
3,780 SF
Lot
0.32 ac (13,939 SF)
Zoning code
CPD
APN
618-0-160-305
UPID
US10-1483326
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
-
Shearss Magic Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
2385 Tapo LLC · 1 yrs held
2385 Tapo LLC
since 2025
Last sale
$1.6M
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2023Property tax & assessments
Tax year 2023
Tax billed
$3,910
Tax year 2023
Assessed value
$354,020
Assessed 2024
Previous assessed
$347,079
+2.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$230,531
Assessed improvement
$123,489
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
Off-Market
Year built
1979
Heating
NONE
Total area
3,780 SF
Lot
0.32 ac (13,939 SF)
Zoning code
CPD
APN
618-0-160-305
UPID
US10-1483326
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
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.32 ac
Current owner
From public records · entity-resolved
2385 Tapo LLC
Entity
Mailing address
1757 N VERMONT AVE, LOS ANGELES, CA 90027-4305
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2025
$1,625,000
2385 Tapo LLC
Ermanno Neiviller
Grant Deed
—
Oct 8, 2024
—
Ermanno Neiviller
—
Deed
related
$60,000 · Lawrence And Julia Bottala 2000 Living T
Aug 18, 2023
—
Ermanno Neiviller
—
Deed
related
$265,000 · Julia Bottala 2000 Living Trust
Apr 18, 2018
—
Neiviller Family Rev Trust
Neiviller,antonio & Flora
Quit Claim Deed
related
—
—
—
Neiviller Trust
—
Deed Of Trust
related
$100,000 · Homeowner Loans Retirement Tru
—
—
Antonio Neiviller
—
Deed Of Trust
related
$100,000 · Norman & Ottilia Schweitzer
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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