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Vacant Former Bank | Ideal Headquarters Opp 450 American St Office Building Online Auction Sale Simi Valley, CA 93065

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INVESTMENT HIGHLIGHTS

  • Versatile office property delivered vacant, presenting a rare chance for customization as a corporate headquarters or multi-tenant space.
  • Originally built with flexible infrastructure that offers potential for diverse uses, including office, tech, or medical.
  • Massive Parking count with 1000 parking spots (4.78 / 1,000).
  • Ideally located in a strategic position for businesses seeking connectivity and convenience just off the 118 Freeway
  • Simi Valley is an excellent place for investment, with a majority of owner-occupied households and average incomes exceeding $134,000 within 5 miles.
  • Equipped with ±6,800 amps of on-site power, making the property perfect for high-demand users, including corporate HQs, tech firms, and data-intensive

EXECUTIVE SUMMARY

Anvers Capital Partners and Peak Commercial, acting as exclusive advisors, proudly present for sale 450 American, an impressive office structure boasting a total area of 209,404 square feet. Set amidst the vibrant surroundings of Simi Valley, California, this remarkable project presents a unique opportunity to acquire a Grade-A asset in Ventura County, bordering Los Angeles County.
Originally constructed as an industrial building, 450 American was transformed into office space in the late 90s, capitalizing on its massive ceiling heights, approximately 6,800 amps of on-site power, and open layout. The property’s strategic location offers excellent regional accessibility, further enhancing its appeal to a variety of potential corporate users. With a parking ratio of ±4.8/1,000 RSF, it stands out as a highly attractive option for businesses seeking ample parking.
The Conejo Valley is home to a dynamic business community with thriving sectors including biotechnology, information technology, and entertainment. Several corporate headquarters are based in the region, adding to its prestige and long-term viability.
Additionally, the property is just minutes from the Ronald Reagan Presidential Library, with excellent connectivity throughout Southern California: only 30 miles from Burbank Airport, 33 miles from Universal Studios, and 46 miles from LAX.
Property tours are available by appointment only. Please contact the listing broker to schedule.

MATTERPORT 3D TOUR

Matterport Tour

OFFERING MEMORANDUM Click Here to Access

DATA ROOM Click Here to Access

MARKET ANALYTICS Click Here to Access

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Market Sale Price per SF

Ventura - CA USA

Market Cap Rate

Ventura - CA USA

Market Sale Price per SF by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Cap Rate by Star Rating

1 - 2 Star

3 Star

4 - 5 Star

Market Sale Price per SF Distribution

Market Cap Rate Distribution

PROPERTY FACTS

Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1990/2000
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
104,702 SF
Lot Size
12.52 AC
Parcel Numbers
615-0-500-015
Zoning
BP-SP - Business Park
Parking
1,000 Spaces (4.78 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Skylights
  • Monument Signage
  • On-Site Security Staff

ABOUT SIMI VALLEY

The Simi Valley area offers a diverse mix of office tenants from professional and financial services to back-office operations and medical providers. Many of the office tenants here have smaller footprints and act as branches of larger operations in Los Angeles to the south.

The Ronald Reagan Freeway runs through the middle of the city, providing easy access throughout the broader Los Angeles area. The Metrolink also passes through Simi Valley on the Ventura County Line, providing a further layer of convenient transportation options for tenants and their employees, while bike lanes are also plentiful.

The broader region has numerous housing options from multifamily to single-family homes, and there are roughly 100,000 households within a short distance of the Simi Valley area.

Office users and investors can often get a foothold in this Los Angeles-adjacent community at a discount to L.A. or Santa Barbara to the north.

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2024 Population
2,627
58,541
111,398
2020 Population
2,729
60,473
115,015
2029 Population
2,581
57,604
109,626
2024-2029 Projected Population Growth
-1.8%
-1.6%
-1.6%
Daytime Employees
9,298
28,960
49,253
Total Businesses
878
3,667
5,782
Average Household Income
$110,841
$123,944
$134,532
Median Household Income
$92,019
$100,943
$110,173
Total Consumer Spending
$34.8M
$809.4M
$1.6B
Median Age
38.2
40.6
41.8
2024 Households
939
19,365
36,991
Percent College Degree or Above
25%
22%
23%
Average Home Value
$681,120
$716,307
$733,908

SALE ADVISORS

SALE ADVISORS

David Meir, Director of Commercial Sales
David has been selling and listing commercial real estate since 1985. In the past nine years, David has closed more than $600,000,000 of commercial real estate transactions. He has closed apartment buildings, shopping centers, industrial, single tenants, multi-tenant, skilled nursing facilities, land for development, office & medical office buildings and mobile home parks.
Jack Minassian, Director of Commercial Sales
Jack Minassian has over 18 years experience in commercial real estate, with a career spanning in private equity, finance, and brokerage. Having worked in various roles within the industry, His all-encompassing experience provides clients unparalleled representation, with a 360 degree approach to the investment cycle. Throughout his Career, Jack has worked on transactions ranging in size from $5 million to $450,000,000, and has structured, developed, and closed in excess of $5 billion dollars of transactions in medical office, multi-family, office, retail, and industrial properties.

Jack Minassian is a founding partner of Anvers Capital Partners, a leading boutique commercial real estate group that specializes in the sale of healthcare real estate throughout the United States.

Jack Minassian is an MBA graduate of UCLA Anderson’s school of business,

ABOUT THE AUCTION TECHNOLOGY

Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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AUCTION CONTACT

Jameson Kuykendall
Auctioneer License: Ten-X Jessica Figueroa RE Brkr 01937601. Ten-X Auction Surety Bond 106465786
  • Listing ID: 35001625

  • Date on Market: 3/3/2025

  • Last Updated:

  • Address: 450 American St, Simi Valley, CA 93065

3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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