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Property profile & analytics
FOR SALE
Office buildings
180 Canada Larga Rd Ventura, CA 93001
Individually Owned
~
Est. High Equity
Property ID
US10-1077643
For Sale
$1,600,000
180 Canada Larga Rd, Ventura, CA 93001
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
7,228 SF
Lot
1.41 ac (61,419 SF)
Zoning code
CPD
APN
063-0-060-180
UPID
US10-1077643
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
$1.61M
CAP Approach
CAP
$2.10M
Comparable Approach
Comparable
$944k
Blend (final)
Blend
$1.53M
Owner & transaction history
Karl Logan Funk
Karl Logan Funk
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
CPD · Ventura, 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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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
$1,510,000
ML approach
$1,605,000
CAP Approach
CAP Return
Estimation
6%
$2,275,000
6.5%
$2,100,000
7%
$1,950,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,330,000
Current use
WAREHOUSE, STORAGE
$2,100,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.38M – $1.68M · ±10% · vs last sale $1.50M (Sep 8 2025)
Last sale anchor
$1.50M
Sep 8 2025
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
$212 / 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
$16,053
Tax year 2023
Assessed value
$1,443,300
Assessed 2024
Previous assessed
$1,415,000
+2.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$918,000
Assessed improvement
$525,300
Applied tax rate
91.0000
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
For Sale
Heating
NONE
Total area
7,228 SF
Lot
1.41 ac (61,419 SF)
Zoning code
CPD
APN
063-0-060-180
UPID
US10-1077643
Jurisdiction
VENTURA
Zoning & alternative use
CPD · Ventura, CA
Zoning CPD · permitted uses
CPD · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.1M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
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
Heating
NONE
Lot
1.41 ac
Current owner
From public records · entity-resolved
Karl Logan Funk
Individual
Mailing address
7050 PKWY DR, LA MESA, CA 91942-1535
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
$1,500,000
Karl Logan Funk
Bh Vc Real Estate Canada LLC
Grant Deed
$777,000 · Mechanics Bank
Oct 6, 2022
$1,415,000
Bh Vc Real Estate Canada LLC
Salvatore Anthony Scarpato
Grant Deed
$2,806,852 · Citizens Community Bank
Mar 21, 2017
—
Hedman Trust
Hedman Trust
Quit Claim Deed
related
—
Aug 8, 2016
—
Jana C Hedman
Hedman,david E
Affidavit Of Death
related
—
Mar 25, 2016
—
Hedman Trust
Hedman,david E
Quit Claim Deed
related
—
May 14, 2009
—
Scarpato Family Living Trust
Scarpato,salvatore A
Quit Claim Deed
related
—
Feb 11, 2004
—
Salvatore A Scarpato
Scarpato,myrtle A
Quit Claim Deed
related
—
Feb 11, 2004
$457,500
David E Hedman
Niloc Of California
Grant Deed
$296,850 · Sal Scarpato
—
—
Niloc Calif
—
Deed Of Trust
related
$410,000 · County Bank
—
—
Cal Niloc
—
Deed Of Trust
related
$525,000 · Mercantile 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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