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Property profile & analytics
OFF-MARKET
Estimated value
$8,880,000
Office buildings
1601 Carmen Dr Camarillo, CA 93010-3105
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US10-1467795
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
23,961 SF
Lot
1.58 ac (68,824 SF)
Zoning code
PO
APN
165-0-316-030
UPID
US10-1467795
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
-
OneTwelve Productions Film Production Television Studio
-
Karl Bergenstal, Ph.D Physician Medical Clinic
-
Stephen M. Fitch, PHD Physician Medical Clinic
-
Nicole Montgomery, MD Physician
-
Terri Palmer Counseling Services Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.96M
Comparable Approach
Comparable
$10.96M
Blend (final)
Blend
$8.88M
Owner & transaction history
Carmen Professional Building · 13 yrs held
Carmen Professional Building
since 2012
7 recorded transactions
Zoning & alternative use
PO · Camarillo, 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 Camarillo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Camarillo 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%
$7,540,000
6.5%
$6,960,000
7%
$6,465,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$14,020,000
Current use
RESTAURANT
$11,580,000
Change: -17% · Conversion: Moderate
Blend value · Realmo final
$8.88M
Range $7.99M – $9.77M · ±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
$371 / 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
$66,189
Tax year 2023
Assessed value
$6,057,827
Assessed 2024
Previous assessed
$5,939,047
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,969,229
Assessed improvement
$4,088,598
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
NONE
Total area
23,961 SF
Lot
1.58 ac (68,824 SF)
Zoning code
PO
APN
165-0-316-030
UPID
US10-1467795
Jurisdiction
VENTURA
Zoning & alternative use
PO · Camarillo, CA
Zoning PO · permitted uses
PO · Camarillo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Camarillo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$14.0M
RESTAURANT
Est. value
$11.6M
OFFICE BUILDING Current
RESTAURANT
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
1982
Heating
NONE
Lot
1.58 ac
Current owner
From public records · entity-resolved
Carmen Professional Building
Individual
Mailing address
1601 CARMEN DR, CAMARILLO, CA 93010-3105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2021
—
Carmen Professional Building LLC
—
Deed
related
$3,850,000 · Citizens Business Bank
Jan 10, 2020
—
Carmen Professional Building LLC
—
Deed
related
$600,000 · Umpqua Bank
Sep 8, 2016
—
Carmen Professional Building LLC
—
Deed
related
$3,150,000 · Umpqua Bank
Dec 14, 2012
—
Carmen Professional Building
Stern B & H Family Trust
Grant Deed
—
Jul 25, 2008
—
David Stern Barton
David Stern Barton
Intrafamily Transfer
related
—
Jul 1, 2008
—
Stern Barton & H Family Trust
Rko Az 2008 LLC
Grant Deed
—
Jun 25, 2008
—
Carmen Prof Building LLC
Rainbow Partners
Quit Claim Deed
related
—
Jun 4, 2008
—
Rko Az 2008 LLC
Carmen Prof Building LLC
Grant Deed
—
Aug 28, 2003
$222,000
Rainbow Partners LP
Professional Building LLC
Grant Deed
related
—
Jul 1, 2003
$2,900,000
Carmen Professional Bldg LLC
Bartine,randall J
Grant Deed
$2,100,000 · Randall J Bartine
—
—
Bart
—
Deed Of Trust
related
$585,000 · Coast Federal Bank
—
—
Carmen Prof Building LLC
—
Deed Of Trust
related
$560,000 · Cedar Ridge INC
—
—
Carmen Prof Building LLC
—
Deed Of Trust
related
$3,150,000 · First California Bank
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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