New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,315,000
Apartment buildings
5151 Neptune Sq Oxnard, CA 93035-1956
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-1497898
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1960
Construction
WOOD
Total area
6,983 SF
Lot
0.18 ac (7,840 SF)
Zoning code
R3C
APN
191-0-290-195
UPID
US10-1497898
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
-
Apartments in Oxnard, CA - Sand & Sea and Nautilus Rental Homes Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.32M
Owner & transaction history
5151 Neptune LLC · 7 yrs held
5151 Neptune LLC
since 2019
7 recorded transactions
Zoning & alternative use
R3C · Oxnard, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.0M
+56.3%
Industrial (general)
$1.4M
+7.5%
Commercial (general)
$1.4M
+4.6%
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 Oxnard submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxnard 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%
$1,865,000
6.5%
$1,725,000
7%
$1,600,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,300,000
Current use
WAREHOUSE, STORAGE
$2,030,000
Change: +56% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,395,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,360,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$1.32M
Range $1.18M – $1.45M · ±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
$188 / 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
$44,145
Tax year 2023
Assessed value
$3,718,395
Assessed 2024
Previous assessed
$3,645,486
+2.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,968,563
Assessed improvement
$1,749,832
Applied tax rate
3.0000
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
1960
Construction
WOOD
Heating
NONE
Total area
6,983 SF
Lot
0.18 ac (7,840 SF)
Zoning code
R3C
APN
191-0-290-195
UPID
US10-1497898
Jurisdiction
VENTURA
Zoning & alternative use
R3C · Oxnard, CA
Zoning R3C · permitted uses
R3C · Oxnard, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oxnard. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$2.0M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS) Current
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
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
1960
Construction
WOOD
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
5151 Neptune LLC
Entity
Mailing address
1601 CARMEN DR STE #100, CAMARILLO, CA 93010-3103
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2020
—
5151 Neptune LLC
—
Deed
related
$2,750,000 · Citizens Business Bank
Apr 30, 2019
—
5151 Neptune LLC
—
Deed
related
$2,400,000 · Citizens Business Bank
Feb 15, 2019
$3,400,000
5151 Neptune LLC
Jaggery One LLC
Grant Deed
$2,400,000 · Stern Family Trust (pt)
Jul 21, 2015
—
Jaggery One LLC
Jaggery LLC Series 5151 Neptun
Quit Claim Deed
—
Aug 29, 2005
—
Jaggery LLC
Krish,prem & Akila
Grant Deed
—
Jan 31, 2003
$1,750,000
Prem Krish
Gill,tr
Grant Deed
$914,200 · Abn Amro Mortgage Group INC
Aug 28, 2002
—
Danette Banyai
Creel
Grant Deed
related
—
May 29, 2002
—
Gill,tr
Gill
Quit Claim Deed
related
—
Apr 15, 2002
—
Banyai,tr
Banya
Quit Claim Deed
related
—
—
—
5151 Neptune LLC
—
Deed Of Trust
related
$2,400,000 · Citizens Busn Bk
—
—
Jaggery LLC
—
Deed Of Trust
related
$875,000 · La Jolla Bank
—
—
Sanuel N Gill
—
Deed Of Trust
related
$695,000 · Mid-state Bank & Trust Co
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 5151 Neptune Sq?
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.
