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Property profile & analytics
OFF-MARKET
Estimated value
$9,680,000
Apartment buildings
450 Daily Dr, Camarillo, CA 93010-5836
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1495787
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1970
Total area
24,944 SF
Lot
1.04 ac (45,302 SF)
Zoning code
RPD
APN
164-0-132-055
UPID
US10-1495787
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
-
Las Posas Riveria Apartment Building Apartments
-
Patterns Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.10M
CAP Approach
CAP
$6.07M
Comparable Approach
Comparable
$10.83M
Blend (final)
Blend
$9.68M
Owner & transaction history
Camarillo Riviera LLC · 3 yrs held
Camarillo Riviera LLC
since 2023
Last sale
$9.0M
2 recorded transactions
Zoning & alternative use
RPD · Camarillo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$14.6M
+101.8%
Restaurant
$12.1M
+66.7%
Neighborhood: shopping center
$10.5M
+44.5%
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 Camarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camarillo 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
$9,470,000
ML approach
$10,100,000
CAP Approach
CAP Return
Estimation
6%
$6,570,000
6.5%
$6,065,000
7%
$5,635,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,235,000
Current use
OFFICE BUILDING
$14,595,000
Change: +102% · Conversion: Moderate
RESTAURANT
$12,055,000
Change: +67% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,455,000
Change: +45% · Conversion: Difficult
MEDICAL BUILDING
$9,485,000
Change: +31% · Conversion: Moderate
AUTO REPAIR, GARAGE
$9,345,000
Change: +29% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,385,000
Change: +16% · Conversion: Moderate
WAREHOUSE, STORAGE
$7,255,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$9.68M
Range $8.71M – $10.65M · ±10% · vs last sale $9.00M (Jan 31 2023)
Last sale anchor
$9.00M
Jan 31 2023
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
$388 / 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
$41,130
Tax year 2023
Assessed value
$9,170,004
Assessed 2024
Previous assessed
$3,671,358
+149.8% YoY
Effective rate
0.45%
On assessed value
Assessed land
$2,550,000
Assessed improvement
$6,620,004
Applied tax rate
7.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1970
Heating
NONE
Total area
24,944 SF
Lot
1.04 ac (45,302 SF)
Zoning code
RPD
APN
164-0-132-055
UPID
US10-1495787
Jurisdiction
VENTURA
Zoning & alternative use
RPD · Camarillo, CA
Zoning RPD · permitted uses
RPD · Camarillo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camarillo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.2M
OFFICE BUILDING
Est. value
$14.6M
RESTAURANT
Est. value
$12.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.5M
MEDICAL BUILDING
Est. value
$9.5M
AUTO REPAIR, GARAGE
Est. value
$9.3M
COMMERCIAL (GENERAL)
Est. value
$8.4M
WAREHOUSE, STORAGE
Est. value
$7.3M
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1970
Heating
NONE
Lot
1.04 ac
Current owner
From public records · entity-resolved
Camarillo Riviera LLC
Entity
Mailing address
1601 CARMEN DR STE #100, CAMARILLO, CA 93010-3103
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2023
$9,000,000
Camarillo Riviera LLC
Robert Henry Scudder
Grant Deed
$9,000,000 · Robert & Charlene Scudder Trust
Dec 23, 1991
$2,160,000
Scudder Robert
Las Posas Rivier
Grant Deed
$1,580,000 · First Federal Bank Ca
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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