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Property profile & analytics
OFF-MARKET
Estimated value
$8,940,000
Strip malls
11 Hillcrest Dr Thousand Oaks, CA 91360-4108
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1741205
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1995
Total area
32,672 SF
Lot
3.42 ac (148,975 SF)
Zoning code
C3
APN
669-0-030-265
UPID
US10-1741205
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Air Conditioning Pros AC & HVAC Repair & Replacement Company Service Hardware & Home Improvement HVAC Service
-
Historia Bakery Cafe Bakery Specialty Food Shop
-
The Habit Burger Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.94M
Owner & transaction history
Plaza Hillcrest LLC · 7 yrs held
Plaza Hillcrest LLC
since 2019
7 recorded transactions
Zoning & alternative use
C3 · Thousand Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Thousand Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thousand Oaks submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,995,000
6.5%
$9,230,000
7%
$8,570,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$13,690,000
Current use
INDUSTRIAL (GENERAL)
$13,680,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$12,425,000
Change: -9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,240,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$10,985,000
Change: -20% · Conversion: Easy
Blend value · Realmo final
$8.94M
Range $8.05M – $9.83M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$274 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$164,291
Tax year 2023
Assessed value
$15,861,016
Assessed 2024
Previous assessed
$15,861,016
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$8,202,345
Assessed improvement
$7,658,671
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1995
Heating
NONE
Rooms
2
Total area
32,672 SF
Lot
3.42 ac (148,975 SF)
Zoning code
C3
APN
669-0-030-265
UPID
US10-1741205
Jurisdiction
VENTURA
Zoning & alternative use
C3 · Thousand Oaks, CA
Zoning C3 · permitted uses
C3 · Thousand Oaks, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thousand Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$13.7M
INDUSTRIAL (GENERAL)
Est. value
$13.7M
MEDICAL BUILDING
Est. value
$12.4M
AUTO REPAIR, GARAGE
Est. value
$12.2M
COMMERCIAL (GENERAL)
Est. value
$11.0M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Rooms
2
Lot
3.42 ac
Current owner
From public records · entity-resolved
Plaza Hillcrest LLC
Entity
Mailing address
15206 VENTURA BLVD STE #306, SHERMAN OAKS, CA 91403-5362
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
Plaza Hillcrest LLC
—
Deed
related
$11,000,000 · Dbr Investments Co Limited
Feb 13, 2019
$14,335,000
Plaza Hillcrest LLC
Krause-gusky Properties LLC
Grant Deed
$10,000,000 · Krause-gusky Properties LLC
Jun 24, 2005
—
Krause-gusky Properties LLC
Krause-gusky Properties
Quit Claim Deed
—
Jul 25, 2003
—
Krause,tr
Krause,tr
Quit Claim Deed
related
$1,000,000 · Bank Of The West
—
—
Krause-gusky Properties LLC
—
Deed Of Trust
related
$135,127 · Bank Of The West
—
—
Krause-gusky Properties
—
Deed Of Trust
related
$512,771 · Bank Of The West
—
—
Krause-gusky Properties LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of The West
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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