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Property profile & analytics
OFF-MARKET
Estimated value
$7,740,000
Office buildings
223 1000th Oaks Blvd, Thousand Oaks, CA 91360-5803
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1741219
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1969
Total area
34,334 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C2
APN
669-0-040-165
UPID
US10-1741219
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$7.74M
Owner & transaction history
Ks 604 Lllp · 3 yrs held
Ks 604 Lllp
since 2023
7 recorded transactions
Zoning & alternative use
C2 · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$12,860,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$7.74M
Range $6.97M – $8.51M · ±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
$225 / 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
$80,419
Tax year 2023
Assessed value
$7,654,748
Assessed 2024
Previous assessed
$7,504,655
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$2,558,135
Assessed improvement
$5,096,613
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Total area
34,334 SF
Lot
2.25 ac (98,010 SF)
Zoning code
C2
APN
669-0-040-165
UPID
US10-1741219
Jurisdiction
VENTURA
Zoning & alternative use
C2 · Thousand Oaks, CA
Zoning C2 · permitted uses
C2 · 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
AUTO REPAIR, GARAGE
Est. value
$12.9M
AUTO REPAIR, GARAGE
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
1969
Heating
NONE
Lot
2.25 ac
Current owner
From public records · entity-resolved
Ks 604 Lllp
Entity
Mailing address
168 SURFVIEW DR, PACIFIC PALISADES, CA 90272-2909
Ownership since
2023
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
Apr 28, 2023
—
Ks 604 Lllp
Keith Sinclair
Grant Deed
$3,291,374 · Wells Fargo Bank NA
—
—
Keith Sinclair
—
Deed Of Trust
related
$150,000 · Citizens Business Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$1,930,000 · California United Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$1,309,357 · California United Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$900,000 · Citibank West Fsb
—
—
Keith Sinclair
—
Deed Of Trust
related
$4,375,000 · J P Morgan Chase Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$668,000 · Six Point Co
—
—
Keith Sinclair
—
Deed Of Trust
related
$4,615,000 · Citibank Fsb
—
—
Keith Sinclair
—
Deed Of Trust
related
$2,730,000 · Lincoln National Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$3,050,000 · California United Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$117,000 · Citizens Business Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$2,800,000 · Citizens Business Bank
—
—
Keith Sinclair
—
Deed Of Trust
related
$1,500,000 · Investors Thrift
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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