NOT LISTED FOR SALE

5870 E Los Angeles Ave Somis, CA 93066

Estimated Value: $7,379,622

32 Acres
$230,613 Price per Acre
1,393,920 Sq Ft Lot

Last Sold April 13, 2021

Last sale price $6,016,650

Est. 23% increase in value since last sale

Current estimated payment $45,983/month

780 Days on Market

Highlights

  • 32 Acre Lot
  • Mountain View
  • Agricultural
  • Adolfo Camarillo High School Rated A-

About This Lot

As of April 2021

Rare Opportunity - High Production Nursery Facility on 32+/- Flat acres. Pending confirmation of VC Measure O passing, per preliminary review, this facility meets the minimum requirement for Cannabis Production. License requirements apply. Main Office with separate building comprised of individual office spaces and conference room. Mobile Home with one bedroom - completely upgraded. Three water sources - Onsite Well (700+/- GPM), Zone Mutual Stock and District 19. New CUP includes proposed 3525 Sq Ft Agricultural Sales Bldg, Farm Worker Housing, Meadery, Additional Greenhouse Space.

Last Agent to Sell the Property

Jillian Bailey

Jacobson Realty, Inc License #00806262 Listed on: 10/03/2018

Co-Listed By

Lynn Osslund

Jacobson Realty, Inc License #00623752

Last Buyer's Agent

Non Non Member

Unknown Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $79,984

Lot Details

  • 32 Acre Lot
  • Rural Setting
  • Property is zoned AE40 and SOAR

Utilities

  • Underground Utilities
  • Overhead Utilities
  • Water Connected
  • Private Water Source
  • Well
  • Phone Available

Additional Features

  • Mountain Views
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 1610050100

Property Details

Property Type

Land

Est. Annual Taxes

$79,984

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: AE40 and SOAR
  • Property Type: Land
  • Parcel Number: 1610050100
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 4.32

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Phone Available, Underground Utilities, Water Connected, Water Not Available
  • Electric: Electricity - On Property
  • Water Source: Private, Public, Well
  • Water Well: Yes
  • Well Gallons Per Minute: 750.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: Agricultural, Utilities - Overhead
  • Lot Size Sq Ft: 1393920.00
  • Lot Size Acres: 32.0000

Multi Family

  • Lot Size Area: 1393920.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Apr 22, 2021
Sold by
Green Somis Llc
Bought by
Los Somis Investments Llc
Seller's Agent
Jillian Bailey
Jacobson Realty, Inc
Buyer's Agent
Non Non Member
Unknown Office
List Price
$4,950,000
Sold Price
$6,016,650
Premium/Discount to List
$1,066,650
21.55%
Current Estimated Value
$7,379,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,362,972
Avg. Annual Appreciation
4.29%
Original Mortgage
$1,716,650
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 2016
Sold by
Farm Credit West Pca
Bought by
Green Somis Llc

Purchase Details

Closed on
Aug 5, 2014
Sold by
Fujimoto Samuel R and Fujimoto Ayako G
Bought by
Farm Credit West Pca
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Los Somis Investments Llc $6,017,000 Chicago Title Company
Green Somis Llc $2,300,000 Chicago Title Company
Farm Credit West Pca $2,228,560 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Los Somis Investments Llc $1,750,000
Closed Los Somis Investments Llc $1,716,650
Previous Owner Fujimoto Samuel R $3,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $6,016,650 +21.5% --
11/21/2020 11/21/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $4,950,000 -17.7% --
11/08/2020 11/08/20 Off Market $6,016,650 -- --
10/03/2018 10/03/18 For Sale $4,950,000 -- --
Source: Ventura County Regional Data Share

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $79,984 $6,996,192 $5,443,550 $1,552,642
2024 $79,984 $6,907,587 $5,336,814 $1,570,773
2023 $76,480 $6,260,086 $5,232,171 $1,027,915
2022 $70,082 $6,137,340 $5,129,580 $1,007,760
2021 $37,701 $3,092,581 $1,518,416 $1,574,165
2020 $38,184 $3,110,090 $1,502,847 $1,607,243
2019 $37,431 $3,095,976 $1,473,380 $1,622,596
2018 $37,684 $3,076,119 $1,444,491 $1,631,628
2017 $37,829 $3,143,610 $1,416,168 $1,727,442
2016 $35,029 $2,899,953 $1,464,193 $1,435,760
2015 $43,472 $3,682,020 $1,442,200 $2,239,820
2014 $61,620 $5,351,657 $1,142,995 $4,208,662
Source: Public Records

Agents Affiliated with this Home

  • Jillian Bailey

    Seller's Agent in 2021

    Jillian Bailey

    Jacobson Realty, Inc

    (805) 340-0015

    1 in this area

    7 Total Sales

    Jillian Bailey
    Section Image
  • Lynn Osslund

    Seller Co-Listing Agent in 2021

    Lynn Osslund

    Jacobson Realty, Inc

    (805) 469-2053

    1 in this area

    10 Total Sales

    Lynn Osslund
    Section Image

  • N

    Buyer's Agent in 2021

    Non Non Member

    Unknown Office

    (913) 963-5454

    1 in this area

    269 Total Sales

    Non Non Member
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V0-218012455

Ventura County Regional Data Share

APN: 161-0-050-100

California Ventura County Somis 93066

5870 E Los Angeles Ave, Somis, CA

This home is located at 5870 E Los Angeles Ave, Somis, CA 93066 since 03 October 2018 and is currently estimated at $7,379,622. 5870 E Los Angeles Ave is a home located in Ventura County with nearby schools including Somis School, Adolfo Camarillo High School, and Cornerstone Christian Schools.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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