Financial
Distress signals
Property profile

980 Enchanted Way Simi Valley, CA 93065

FOR LEASE
Office buildings
Property ID
US10-1481991
88,442 SF 10.53 ac lot Built 1990
Last sale Apr 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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980 Enchanted Way, Simi Valley, CA 93065 For Lease
$15,760,000 4,153 SF available
980 Enchanted Way, Simi Valley, CA 93065
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Property summary

AI-generated overview

The property is a second-floor office suite with a total interior area of 1,107 square feet. The suite is arranged with four individual offices. The suite is configured to include utilities and provides janitorial service five nights per week.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$181k
Tax billed · 2023
Assessed value · 2024$16.65M
Assessed land$5.00M
Assessed improvement$11.64M
Effective rate1.09%

Value estimate

· Sep 2026
$15.76M
$14.18M – $17.34M
NOI build-up
Gross scheduled income$107k
Vacancy & credit loss−$21k
Operating expenses−$22k
NOI · 3,080,476.19% cap applied$65k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$382/SF
County average, outlier-cleaned · 146 recorded sales of this use type
Observed band · Q1–Q3$228 – $558

Cap rate analysis

How does the asset earn?
3,080,476.19%
$65k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionVENTURA

Location intelligence

Which uses thrive at this corner?
Best fit: Hotel & Motel
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hotel & Motel10.6
Skin Care Clinic10.4
Food Market9.0

Location

980 Enchanted Way Simi Valley, CA 93065
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1791 Erringer, Simi Valley, CA 93065-3559 $1,625,000 Jul 2025 4,818 SF
1900 Los Angeles, Simi Valley, CA 93065-6560 $4,175,000 Dec 2023 17,397 SF
1445 Los Angeles, Simi Valley, CA 93065-2817 $7,300,000 Jul 2023 34,946 SF
1463 Los Angeles, Simi Valley, CA 93065-2807 $1,400,000 Apr 2022 6,334 SF
2800 Madera, Simi Valley, CA 93065 $128,000,000 Jan 2022 28,561 SF
2050 Donville, Simi Valley, CA 93065-2016 $480,000 Jul 2020 2,354 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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