550 Lorabel Way, Simi Valley, CA 93065 Property Records

Ventura County property record for 550 Lorabel Way, Simi Valley, CA 93065

Property Summary

Property Type	Condominium
Details	3 bd · 2.5 ba · 1,833 sqft · built 1998
Lot Size	0.022 acres (965 sqft)
Owner	2 Individual Names on Record
Last Sale	$555,000 (May 2019)
Tax Bill	$7,284 (2025)
Deeds & Mortgages	Jan 2021 Mortgage May 2019 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`596-0-151-515`

Property Details

APN / Parcel Number

Primary APN	`596-0-151-515`

Interior

Bedrooms	3 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	1,833 sqft Living Area
1st Floor Area	856 sqft
2nd Floor Area	977 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1998
Effective Year Built	Effective 1998
Architectural Style	Condo/Apartment
Lot Area	965 sqft (0.022 acres)
Garage Area	452 sqft
Parking Spaces	2 Parking Spaces
Porch	Porch
Porch Area	117 sqft
Patio Area	396 sqft

Location & Zoning

Street Address	550 LORABEL WAY, D
City	SIMI VALLEY
State	CA
Zip	93065-7333
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	RPD1
Legal Description	TRACT: 423900 LOT: 254 REF: 117MR 03 CONDO PLAN: 15-4
Legal Subdivision	SUMMERSIDE HOA
Legal Tract	423900
Legal Block	151
Legal Lot Number	254
Jurisdiction	VENTURA CA
Township / Civil Division	SIMI VALLEY
Census Block Group	1
Census Block	1002
Census Tract	7506

Owner

Source: Ventura County records, as of July 15, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	550 LORABEL WAY, D, SIMI VALLEY, CA 93065-7333
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jan 12, 2021	Deed of Trust, Mortgage · Conventional Mortgage MORTGAGE CAPITAL PARTNERS INC
May 17, 2019	Grant Deed, Transfer · Conventional Mortgage QUICKEN LNS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 17, 2019 · Amount on Record
Deed Sale	May 17, 2019 · Amount on Record
Prior Sale	Mar 16, 2016 · Amount on Record
Deed Document Number	201954620
Record Updated	Oct 29, 2026

January 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	VENTURA CA
Property Address	550 LORABEL WAY, SIMI VALLEY, CA 93065-7333
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	WFG NATIONAL TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	550 LORABEL WAY D, D, SIMI VALLEY, CA 93065-7333

Mortgage

Document Number	0000005801
Date	Jan 12, 2021
Instrument	20210112-00005801

Lender

Name	MORTGAGE CAPITAL PARTNERS INC
Type	Mortgage Company
Address	LOS ANGELES, CA 90025

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 1, 2051

May 2019: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	VENTURA CA
Recording Date	May 17, 2019
Property Address	550 LORABEL WAY, SIMI VALLEY, CA 93065-7333
Document Number	0000054620
Instrument Date	Apr 30, 2019
Instrument	54620
Transaction Type	Transfer
Record Updated	Jun 4, 2019
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$610.50
Amount Accuracy	Full Value
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	550 LORABEL WAY #D SIMI VALLEY CA 930657333, D, SIMI VALLEY, CA 93065-7333

Mortgage

Document Number	54621
Date	May 17, 2019
Instrument	54621

Lender

Name	QUICKEN LNS
Type	Funding / Finance Company
Address	DETROIT, MI 48226-1906

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	May 16, 2049

Tax Assessment & Valuation

Source: Ventura County assessment roll, as of July 15, 2026

Property Jurisdictions

Type	Name
State	California
County	Ventura County
Municipality	Simi Valley City
Unified School District	Simi Valley Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$631,492 (+2%) Land $410,756 Building $220,736
2025	$7,284.00 (+1.52%) Homeowner's exemption	$619,110 (+4.04%) Land $402,702 Building $216,408
2024	$7,175.00 (+6.31%)
2023	$6,749.00 (+0.07%) Homeowner's exemption	$595,070 Land $387,065 Building $208,005
2022	$6,744.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective September 30, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 6 (20% premium discount)
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 51% of the US · lower than 69% of California
Wildfire Likelihood	0.08% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	VENTURA WWD NO. 8 - SIMI VALLEY serves 94,736 people · EPA ID CA5610023
Water Source	Purchased surface water from CALLEGUAS MUNICIPAL WATER DIST
Last State Inspection	Jan 2023
Lead	Under 1 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 298 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
GigabitNow Fiber	5,000 / 5,000
Spectrum Cable	1,000 / 1,000
Rocket Broadband Fixed Wireless	450 / 100
AT&T DSL	100 / 20

May also be available: Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

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