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Property profile & analytics
FOR SALE
Commercial real estate
938 E Main St Santa Paula, CA 93060
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-1022606
For Sale
1 / 8
$1,095,000
938 E Main St, Santa Paula, CA 93060
View Listing →
Property summary
AI-generated overview
This exceptional 4,475-square-foot commercial building presents a unique investment opportunity in the heart of Santa Paula, California. Located on Main Street, this single-story property boasts high visibility with expansive display windows and glass-inlaid doors, attracting significant foot traffic. The bright, open-concept interior features soaring ceilings, two restrooms, and a sizable upstairs loft, offering a versatile space adaptable to a wide range of commercial uses. The building's CBD zoning (per City records) allows for diverse business ventures. Convenient public parking is available both in front and rear, with alley access for deliveries. This prime location offers easy access to Santa Paula's cultural attractions, including museums and various dining and entertainment options. Its strategic position also provides proximity to Ventura beach (15 minutes away), the coastal charm of Santa Barbara, and the urban center of Los Angeles. The asking price is $1,195,000.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1927
Total area
4,475 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CBD
APN
103-0-102-275
UPID
US10-1022606
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$865k
Comparable Approach
Comparable
$1.50M
Blend (final)
Blend
$1.17M
Owner & transaction history
Anselmo Bracamontez Alamillo · 2 yrs held
Anselmo Bracamontez Alamillo
since 2024
4 recorded transactions
Zoning & alternative use
CBD · Santa Paula, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.9M
+94.2%
Office building
$1.7M
+77.1%
Medical building
$1.7M
+76.2%
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 Santa Paula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Paula 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%
$935,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$965,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,875,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$1,710,000
Change: +77% · Conversion: Easy
MEDICAL BUILDING
$1,700,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,675,000
Change: +74% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,300,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$261 / 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
$2,808
Tax year 2023
Assessed value
$1,173,000
Assessed 2024
Previous assessed
$171,745
+583.0% YoY
Effective rate
0.24%
On assessed value
Assessed land
$255,000
Assessed improvement
$918,000
Applied tax rate
4.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1927
Heating
NONE
Total area
4,475 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CBD
APN
103-0-102-275
UPID
US10-1022606
Jurisdiction
VENTURA
Zoning & alternative use
CBD · Santa Paula, CA
Zoning CBD · permitted uses
CBD · Santa Paula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Paula. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$965,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1927
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Anselmo Bracamontez Alamillo
Individual
Free & Clear · 2 yrs held
Mailing address
822 CRESTVIEW CT, SANTA PAULA, CA 93060-1656
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
—
Anselmo Bracamontez Alamillo
Anselmo B Alamillo
Intrafamily Transfer
related
—
Feb 15, 2024
—
Anselmo B Alamillo
Anselmo B Alamillo
Intrafamily Transfer
related
—
Apr 14, 2017
—
Alamillo,a & O Family Trust
Alamillo,anselmo C & Oralia B
Quit Claim Deed
related
—
—
—
Anselmo C Alamillo
—
Deed Of Trust
related
$29,616 · Santa Paula City (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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