Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    525 New Los Angeles Ave Moorpark, CA 93021-2067
    Back to Search
    Property profile & analytics

    525 New Los Angeles Ave, Moorpark, CA 93021-2067

    View on Map
    • Strip malls
    • 21,686 SF
    • 2.24 lot acres
    Off-Market
    Property ID
    US10-1468985
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,330,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Rachada Thai Cuisine / Restaurant
    • La Michoacana Elite / Grocery & Convenience Store / Specialty Food Shop
    • PHO 100 / Restaurant
    • J'S SMOKE SHOP / (Bike/Boat/Book/etc) Store

    Property Details for 525 New Los Angeles Ave

    Year built
    2005
    Lot size
    2.24 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    512-0-180-110
    APU
    5120180110

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 25, 2017 — Allee Real Estates LP Allee Real Estates LLC Quit Claim Deed · related —
    Jan 16, 2015 $10,280,000 Allee Real Estates LLC Baldwin Park Plaza LLC Grant Deed $6.3M · East West Bank
    May 31, 2013 — Baldwin Park Plaza LLC — Deed Of Trust · related $1.5M · Wilshire State Bank
    Dec 30, 2011 — Baldwin Park Plaza LLC La Spring Shopping Center Grant Deed —
    Oct 19, 2011 $6,009,018 La Spring Shopping Center-1005 Assured Lender Services INC C Trustees Deed · related —
    Nov 1, 2006 $9,100,000 Bryan & Janet INC Maronda Property Group LLC Grant Deed $5.7M · Washington Mutual Bank
    Jul 1, 2005 $7,750,000 Maronda Property Group LLC L A Spring Shopping Center Grant Deed $5.3M · Commonwealth Business Bank
    Oct 21, 2004 — La Spring Shopping Center LLC — Trustees Deed · related $4M · Preferred Bank
    — — Baldwin Park Plaza LLC — Deed Of Trust · related $2.7M · Wilshire State Bank

    Description

    This exceptional retail investment opportunity presents 21,686 square feet of leasable space within the La Spring Shopping Center, situated on a 2.25-acre lot at 525-549 New Los Angeles Avenue in Moorpark, CA 93021. Built in 1995, the center offers multiple tenancies, with 1,604 square feet currently vacant and available for lease. Individual spaces range from 900 to 1,604 contiguous square feet, providing flexibility for various retail businesses. The property boasts ample parking, with a ratio of approximately 4 spaces per 1,000 square feet. Its convenient location in Moorpark, California offers excellent visibility and accessibility for customers. This is an ideal opportunity for investors seeking a well-established retail center with immediate income potential and the possibility of further development. The property's size and layout provide a strong foundation for long-term growth and profitability in a thriving market. The existing infrastructure and ample parking ensure a positive shopping experience for tenants and customers alike. This property presents a compelling investment opportunity in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,668,000
      Market price range: $592k - $2.93M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moorpark
    County
    Ventura
    State
    California
    Longitude
    -118.874
    Latitude
    34.2797
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $97,195
    $3,860,000
    $4,140,000
    $8,000,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,040,000
      9,589 SF

      300 Los Angeles Ave

      SHOPPING CENTER, STRIP CENTER
      300 Los Angeles Ave, Moorpark, CA 93021-1826
      View Details
    • Value Estimation
      $2,130,000
      6,988 SF

      481 High St

      SHOPPING CENTER, STRIP CENTER
      481 High St, Moorpark, CA 93021-1100
      View Details
    • Value Estimation
      $735,000
      6,377 SF

      401 Moorpark Ave

      SHOPPING CENTER, STRIP CENTER
      401 Moorpark Ave, Moorpark, CA 93021-1850
      View Details
    • Value Estimation
      $7,440,000
      55,573 SF

      510 New Los Angeles Ave

      SHOPPING CENTER, STRIP CENTER
      510 New Los Angeles Ave, Moorpark, CA 93021-2063
      View Details
    • Value Estimation
      $3,415,000
      28,692 SF

      14711 Princeton Ave

      SHOPPING CENTER, STRIP CENTER
      14711 Princeton Ave, Moorpark, CA 93021-1457
      View Details
    • Value Estimation
      $4,760,000
      6,967 SF

      559 Los Angeles Ave

      SHOPPING CENTER, STRIP CENTER
      559 Los Angeles Ave, Moorpark, CA 93021
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,597 SF

      Stabilized NNN Investment Shopping Center

      Stabilized core investment shopping center with prominent building signage.
      525-549 New Los Angeles Ave, Moorpark, CA 93021
      View Details
    • $3,300,000
      8,829 SF

      Retail Space in Mission Meadows

      Located in a busy shopping center near Moorpark High School.
      4209 Tierra Rejada Rd, Moorpark, CA 93021
      View Details
    • Contact for pricing
      2,300 SF

      Moorpark Shell Gas Station Investment

      NNN leased Shell gas station with 7-Eleven guarantee.
      301 Los Angeles Ave, Moorpark, CA 93021
      View Details
    • Contact for pricing

      Mixed-Use Opportunity in Old Town

      Mixed-use property with retail and residential structures in Moorpark.
      213 High St, Moorpark, CA 93021
      View Details
    • Contact for pricing

      Moorpark Shell Station Ground Lease

      NNN leased Shell station with 7-Eleven guarantee in affluent Moorpark.
      301 W Los Angeles Ave, Moorpark, CA 93021
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr

      Moorpark Retail Space Available

      5,500 SF retail space in Moorpark's Mission Bell Plaza.
      313 W Los Angeles Ave, Moorpark, CA 93021
      View Details
    • $1.75 SF/Yr
      1,160 SF

      Moorpark Retail/Office Space Available

      Retail or office space available for lease in Moorpark.
      530 Los Angeles Ave, Moorpark, CA 93021
      View Details
    • $2 SF/Yr
      1,260 SF

      Retail Space on Tierra Rejada

      Retail space available for lease on Tierra Rejada Road.
      4225-4271 Tierra Rejada Rd, Moorpark, CA 93021
      View Details
    • $1.75 SF/Yr
      4,503 SF

      Retail Space Available for Lease

      Retail property with 3601 square feet available for lease.
      706-790 Los Angeles Ave, Moorpark, CA 93021
      View Details
    • Contact for pricing

      Moorpark Campus Plaza Retail/Office

      Retail and office spaces near Moorpark College and 118 Freeway.
      6591-6599 Collins Dr, Moorpark, CA 93021
      View Details
    • Contact for pricing

      Moorpark Office/Retail Building For Rent

      Two-story office/retail building near Moorpark Metrolink Station.
      530 Moorpark Ave, Moorpark, CA 93021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    525 New Los Angeles Ave
    Moorpark, CA 93021-2067
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    525 New Los Angeles Ave, Moorpark, CA, 93021
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!