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Property profile & analytics
OFF-MARKET
Estimated value
$2,360,000
Theaters & concert halls
145 Ojai Ave Ojai, CA 93023-3209
Entity Owned
5-yr Hold
Free & Clear
Property ID
US10-1047667
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1979
Total area
2,106 SF
Lot
0.18 ac (7,840 SF)
Zoning code
C1
APN
023-0-077-050
UPID
US10-1047667
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
-
Ojai Film Society Charitable Organization Social Service Agency
-
Ojai Playhouse Cinema Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.74M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.36M
Owner & transaction history
Arts Forward Ojai LLC · 5 yrs held
Arts Forward Ojai LLC
since 2020
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C1 · Ojai, 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 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
$2,700,000
ML approach
$2,740,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±10% · vs last sale $2.00M (Oct 9 2020)
Last sale anchor
$2.00M
Oct 9 2020
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
$1,121 / 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
$30,643
Tax year 2023
Assessed value
$2,498,215
Assessed 2024
Previous assessed
$2,456,600
+1.7% YoY
Effective rate
1.23%
On assessed value
Assessed land
$689,785
Assessed improvement
$1,808,430
Applied tax rate
2.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1979
Heating
NONE
Total area
2,106 SF
Lot
0.18 ac (7,840 SF)
Zoning code
C1
APN
023-0-077-050
UPID
US10-1047667
Jurisdiction
VENTURA
Zoning & alternative use
C1 · Ojai, CA
Zoning C1 · permitted uses
C1 · 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.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Lot
0.18 ac
Current owner
From public records · entity-resolved
Arts Forward Ojai LLC
Entity
Free & Clear · 5 yrs held
Mailing address
648 MILWOOD AVE, VENICE, CA 90291-3876
Ownership since
2020
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
Nov 14, 2025
—
Arts Forward Ojai LLC
—
Deed
related
$2,000,000 · American Riviera Bank
Oct 9, 2020
$2,000,000
Arts Forward Ojai LLC
Walid A Living T Alawar
Grant Deed
—
Jan 21, 2014
—
Alawar,walid A Living Trust
Alawar,walid
Quit Claim Deed
related
—
Dec 12, 2013
—
Khaled Al-awar
Alawar Mazen Living Trust
Quit Claim Deed
related
—
Feb 2, 2012
—
Alawar Mazen Living Trust
Al-awar,mazen
Quit Claim Deed
related
—
Nov 13, 2009
—
Al-awar K & S Family Trust
Al-awar,khaled & Cheryl
Quit Claim Deed
related
—
Jul 20, 2007
—
Khaled Al-awar
Al-awar,khaled
Quit Claim Deed
related
—
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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