Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Las Posas Estates Land Parcel Title is generated by Realmo AI

    15 Encino Avenue, Camarillo, CA 93010

    View on Map
    Claim this Listing
    For Sale
    $2,950,000

    Rare 5.46-acre parcel in Las Posas Estates.

    Type:Lot/Land
    Lot size:
    5.46 Acres
    Added:
    Aug 11, 2025
    Days on Market:
    296
    Last Refresh:
    Mar 13 at 5:10 pm

    Property Features for 15 Encino Avenue

    General Information

    Standard status
    Active
    Lot size
    5.46 Acres
    Property subtype
    Lot/Land

    We can help!

    Listing Contact
    Stephen White

    Listing agent Stephen White License #02009880

    Listing office Christie's Int. R.E SoCal

    Listing date Aug 11, 2025

    Source Compass

    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 Christie's Int. R.E SoCal

    HighLights

    • Rare 5.46‑acre parcel in prestigious Las Posas Estates.
    • Prime location behind a private gate at the end of a cul‑de‑sac.
    • All major utilities are on the property, streamlining development.
    • Features a flourishing lemon orchard.
    • Conveniently located near Camarillo Airport, Channel Islands Harbor, Malibu, and Los Angeles.
    • Contiguous to the City of Camarillo; buyer to confirm sub‑division potential.

    Overview

    This 5.46-acre parcel is located in Las Posas Estates in Ventura County. Positioned behind a private gate at the end of a cul-de-sac, this location includes a lemon orchard. All major utilities are on the property. It is located 4 miles from the Camarillo Airport, 17 miles from Channel Islands Harbor, 30 miles to Malibu, and 45 miles to Los Angeles. Membership amenities are available at the nearby Spanish Hills Country Club, including golf, tennis, fine dining, and valley views. The property is contiguous to the City of Camarillo. The buyer is to confirm whether the property may be sub-divided. This property offers an opportunity to build a luxury residence or a custom estate retreat.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Camarillo
    County
    Ventura
    State
    California
    Longitude
    -119.0695039
    Latitude
    34.237243

    Nearby Similar for Sale

    • $450,000

      Versatile Mixed-Use Space in Camarillo

      Mixed-use property with commercial and residential potential in Camarillo, CA.
      201 Westpark Court, Camarillo, CA 93012
      View Details
    • $145,000

      Profitable Coin Laundry Business

      Established coin laundry business for sale in Camarillo, CA.
      383 Carmen Drive, Camarillo, CA 93010
      View Details
    • $650,000

      Camarillo Bar and Cafe Opportunity

      Established bar and cafe in thriving Camarillo, California.
      330 North Lantana Street, Camarillo, CA 93010
      View Details
    • $1,400,000

      Spacious Lot in Las Posas Estates

      Rare 2.84-acre estate lot with panoramic views in Camarillo.
      20 Marine View Drive, Camarillo, CA 93010
      View Details
    • $525,000

      Camarillo Land with Ocean Views

      Acre+ lot with panoramic mountain and ocean views.
      22 Santa Cruz Way, Camarillo, CA 93010
      View Details
    • $645,000

      Camarillo Land with Stunning Views

      1.62-acre lot with mountain, city, and ocean views.
      183 Cerro Crest Drive, Camarillo, CA 93010
      View Details
    • $499,000
      894 SF

      Camarillo Office Condo For Sale

      Professionally configured office condo in a desirable mixed-use community.
      211 Village Commons Blvd 13, Camarillo, CA 93012
      View Details
    • $700,000

      Camarillo Land with View Potential

      Approximately 0.46-acre lot in a coveted Camarillo neighborhood.
      6920 Calle Dia, Camarillo, CA 93012
      View Details
    • $200,000

      Camarillo Heights Land with Panoramic Views

      Desirable Camarillo Heights lot with unobstructed panoramic views.
      0 Highland E, Camarillo, CA 93010
      View Details
    • $499,000

      Camarillo Land in Las Posas

      Prime lot to build your dream home in Camarillo.
      970 Sudario Court, Camarillo, CA 93010
      View Details
    • $615,000

      Camarillo Office Condominium Opportunity

      Office condominium in Camarillo business corridor with freeway access.
      760 Las Posas Rd C, Camarillo, CA 93010
      View Details
    • $200,000

      Camarillo Heights Land with Panoramic Views

      Desirable lot with unobstructed views in Camarillo Heights.
      0 Grandview, Camarillo, CA 93010
      View Details

    FAQs

    What type of property is this?
    Land - Rare 5.46-acre parcel in Las Posas Estates.
    Where is this land located?
    The property is located at 15 Encino Avenue Camarillo, CA.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Rare 5.46‑acre parcel in prestigious Las Posas Estates.; Prime location behind a private gate at the end of a cul‑de‑sac.; All major utilities are on the property, streamlining development.
    (310) 701-9747
    We can help!
    Listing Contact
    Stephen White
    Real Estate License ID: 02009880
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    15 Encino Avenue, Camarillo, CA 93010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!