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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Turn key restaurants
11432 Ventura Ave Ojai, CA 93023-4155
Entity Owned
~
Est. High Equity
Property ID
US10-1462385
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Total area
5,200 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CPD
APN
033-0-372-110
UPID
US10-1462385
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.81M
Owner & transaction history
Camino De Salud LP
Camino De Salud LP
since 2026
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
CPD · Ojai, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.9M
+16.3%
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 Ojai submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ojai 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
$1,815,000
ML approach
$1,875,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,515,000
Current use
COMMERCIAL (GENERAL)
$2,925,000
Change: +16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,180,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10% · vs last sale $1.73M (Mar 16 2023)
Last sale anchor
$1.73M
Mar 16 2023
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
$347 / 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
$8,025
Tax year 2023
Assessed value
$1,759,500
Assessed 2024
Previous assessed
$343,241
+412.6% YoY
Effective rate
0.46%
On assessed value
Assessed land
$1,759,500
Applied tax rate
70.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Heating
NONE
Total area
5,200 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CPD
APN
033-0-372-110
UPID
US10-1462385
Jurisdiction
VENTURA
Zoning & alternative use
CPD · Ojai, CA
Zoning CPD · permitted uses
CPD · Ojai, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ojai. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
RESTAURANT Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1965
Heating
NONE
Lot
0.99 ac
Current owner
From public records · entity-resolved
Camino De Salud LP
Entity
Mailing address
702 COUNTY SQ DR STE #200, VENTURA, CA 93003-5451
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2026
—
Camino De Salud LP
—
Deed
related
$955,874 · County Of Ventura
Mar 23, 2026
$1,725,000
Camino De Salud LP
Cabrillo Economic Development Corp
Grant Deed
$15,080,607 · County Of Ventura
Mar 23, 2026
—
Camino De Salud LP
—
Deed
related
$5,000,000 · Housing Trust Fund Ventura County
Mar 16, 2023
$1,725,000
Cabrillo Economic Development Corp
Marshall R Murphy
Grant Deed
$1,725,000 · Rural Community Assistance Corporat
May 27, 2022
—
Marshall R Murphy
—
Deed
related
$600,000 · James A Victor
Apr 21, 2021
—
Marshall R Murphy
—
Deed
related
$600,000 · James A Victor
May 29, 2020
—
Murphy Trust
—
Deed
related
$600,000 · James A Victor
Nov 30, 2012
—
Murphy Trust
Longs Drug Stores California
Grant Deed
—
Oct 1, 2004
$620,000
Drug Stores California Longs
Anacapa Investments INC
Grant Deed
—
—
—
Sam Alioto
—
Deed Of Trust
related
$115,000 · William R Derrick & Assoc Pst
—
—
Sam Alioto
—
Deed Of Trust
related
$162,500 · William R Derrick
—
—
Murphy Trust
—
Deed Of Trust
related
$280,000 · James A Victor
—
—
Sam Alioto
—
Deed Of Trust
related
$135,000 · Conservation End
—
—
Murphy Trust
—
Deed Of Trust
related
$600,000 · James A Victor
—
—
Murphy Trust
—
Deed Of Trust
related
$250,000 · James A Victor
—
—
Sam Alioto
—
Deed Of Trust
related
$40,000 · William R Derrick & Assoc Pst
—
—
Sam Alioto
—
Deed Of Trust
related
$45,000 · Individual
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.
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