Corner First-Floor Office
141 Duesenberg Dr 1 Thousand Oaks, CA 91362
For Sale
$700,000
Largest corner unit in a ground-floor office condo with multiple configurable rooms and a separate-entrance office leased month-to-month.
Property Size1,647 SF
Price / SF$425.02
Days on Market119
Property Features for 141 Duesenberg Dr 1
General Information
- Standard status
- Active
- Size
- 1,647 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1981
Listing Agency:
RE/MAX One
(818) 620-2020
Listed By:
Roy Belson · License #01273687
(818) 620-2020
Source:
Elliman
Added: Mar 27
Changed: Jul 23
Last Checked: Jul 23 at 12:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX One
Investment Insights
Based on property information with market context.
Now available in a professionally managed complex, this +/-1,647 SF first-floor office condo is a corner unit and the largest in the community. The layout includes a reception area, a large executive office with conference table, two additional workspaces, a file/printer room with microwave, and several flex rooms that can be converted into private offices. An additional office with a separate entrance is currently leased on a month-to-month basis.
Zoned for up to five individual suites, the property can be operated as one cohesive office or divided into multiple suites. Each suite can have its own address and mailbox. The complex provides all ground-floor suites with ADA-compliant access, along with on-site parking and handicap parking, plus a central atrium for a quiet workspace environment.
The property is located within walking distance of restaurants, retail, and daily amenities, and the surrounding setting is described as peaceful with mountain views. Easy access to U.S. 101 supports convenient travel to Thousand Oaks, Agoura Hills, Calabasas, and the broader Los Angeles market. BikeScore is 21 and WalkScore is 58, with a TransitScore of 26.
Zoned for up to five individual suites, the property can be operated as one cohesive office or divided into multiple suites. Each suite can have its own address and mailbox. The complex provides all ground-floor suites with ADA-compliant access, along with on-site parking and handicap parking, plus a central atrium for a quiet workspace environment.
The property is located within walking distance of restaurants, retail, and daily amenities, and the surrounding setting is described as peaceful with mountain views. Easy access to U.S. 101 supports convenient travel to Thousand Oaks, Agoura Hills, Calabasas, and the broader Los Angeles market. BikeScore is 21 and WalkScore is 58, with a TransitScore of 26.
Key Highlights
- About 1,647 SF first‑floor office condo, corner unit and the largest in the complex
- Zoned for up to five individual suites with flexibility to operate as one office or multiple rentable suites
- Separate‑entrance office is currently leased on a month‑to‑month basis for immediate income
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.5k | $37.92 |
| − Vacancy | −$11.6k | −$7.05 |
| EGI | $50.8k | $30.87 |
| − OpEx | −$12.7k | −$7.72 |
| NOI | $38.1k | $23.15 |
1,647 SF · lease $37.92/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$544.7K
$476.6K – $635.5K
NOI $38,128 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$645.4K
$564.7K – $752.9K
NOI $45,175 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fuhrmann Max E ...
Physician
vcpa
Physician
Frederic W. Norris, ...
Physician
Jenni Liu, MFT
Career Guidance Service
Merkel Jeanette PHD
Physician
FAQs
What type of property is this?
Office units - Largest corner unit in a ground-floor office condo with multiple configurable rooms and a separate-entrance office leased month-to-month.
Where is this office units located?
The property is located at 141 Duesenberg Dr 1 Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: About 1,647 SF first‑floor office condo, corner unit and the largest in the complex; Zoned for up to five individual suites with flexibility to operate as one office or multiple rentable suites; Separate‑entrance office is currently leased on a month‑to‑month basis for immediate income
