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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Warehouses
875 Los Angeles Ave Moorpark, CA 93021-1756
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US10-1138152
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
13,322 SF
Lot
1.67 ac (72,745 SF)
Zoning code
M2
APN
511-0-070-555
UPID
US10-1138152
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
-
Public Storage Storage Facility
-
Patriot Property Management, Inc. Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Public Storage · 14 yrs held
Public Storage
since 2011
7 recorded transactions
Zoning & alternative use
M2 · Moorpark, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.5M
+15.6%
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 Moorpark submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moorpark 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%
$2,750,000
6.5%
$2,535,000
7%
$2,355,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,875,000
Current use
COMMERCIAL (GENERAL)
$4,480,000
Change: +16% · Conversion: Difficult
Blend value · Realmo final
$2.73M
Range $2.45M – $3.00M · ±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
$205 / 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
$48,951
Tax year 2023
Assessed value
$4,557,136
Assessed 2024
Previous assessed
$4,467,781
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$517,193
Assessed improvement
$4,039,943
Applied tax rate
10.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Total area
13,322 SF
Lot
1.67 ac (72,745 SF)
Zoning code
M2
APN
511-0-070-555
UPID
US10-1138152
Jurisdiction
VENTURA
Zoning & alternative use
M2 · Moorpark, CA
Zoning M2 · permitted uses
M2 · Moorpark, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moorpark. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.9M
COMMERCIAL (GENERAL)
Est. value
$4.5M
WAREHOUSE, STORAGE Current
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
2005
Heating
NONE
Lot
1.67 ac
Current owner
From public records · entity-resolved
Public Storage
Individual
Mailing address
701 WESTERN AVE, GLENDALE, CA 91201-2349
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2011
—
Public Storage
Mlcfc 2007-8 West Los Angeles
Grant Deed
—
Mar 18, 2011
$8,650,000
2007-8 West Los Angeles Mlcfc
Beacon Default Mgmt INC
Trustees Deed
related
—
Aug 8, 2007
—
Casino Rea Corp
Asadurian,manuel JR
Grant Deed
—
Dec 30, 2003
—
Manuel Asadurian
—
Trustees Deed
related
$5,876,934 · Hanmi Bank
Dec 9, 1998
$800,000
Manuel Asadurian
Mundee Trust
Grant Deed
$750,000 · Seller
—
—
Manuel Asadurian
—
Deed Of Trust
related
$1,200,000 · Moorpark City (ca)
—
—
Manuel Asadurian JR.
—
Deed Of Trust
related
$8,405,000 · Hanmi 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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