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Property profile & analytics
OFF-MARKET
Estimated value
$2,240,000
Office buildings
2319 Alameda Ave Ventura, CA 93003-6776
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-1479194
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
7,447 SF
Lot
0.52 ac (22,651 SF)
APN
135-0-141-335
UPID
US10-1479194
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
$2.17M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.24M
Owner & transaction history
2319 Alameda LLC · 8 yrs held
2319 Alameda LLC
since 2017
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+42.0%
Neighborhood: shopping center
$3.1M
+23.2%
Apartment house (5+ units)
$2.9M
+13.3%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,345,000
6.5%
$2,165,000
7%
$2,010,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,535,000
Current use
RESTAURANT
$3,600,000
Change: +42% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,120,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,870,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$2,830,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,790,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,645,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$2,165,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$2.24M
Range $2.02M – $2.46M · ±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
$301 / 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
$16,979
Tax year 2023
Assessed value
$1,561,723
Assessed 2024
Previous assessed
$1,531,101
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$613,534
Assessed improvement
$948,189
Applied tax rate
5.0000
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
1986
Heating
NONE
Total area
7,447 SF
Lot
0.52 ac (22,651 SF)
APN
135-0-141-335
UPID
US10-1479194
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.5M
RESTAURANT
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
COMMERCIAL (GENERAL)
Est. value
$2.6M
WAREHOUSE, STORAGE
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
Year built
1986
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
2319 Alameda LLC
Entity
Mailing address
18375 VENTURA BLVD #539, TARZANA, CA 91356-4218
Ownership since
2017
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 14, 2021
—
2319 Alameda LLC
—
Deed
related
$800,000 · First Choice Bank
Jun 10, 2020
—
Alma D Villanueva
—
Deed
related
$211,742 · Network Cap Fndg
Oct 30, 2017
$1,400,000
2319 Alameda LLC
Molvano Centerllc
Grant Deed
$910,000 · Private Individual
Feb 6, 2017
—
Montalvo Center LLC
—
Deed
related
$600,000 · Community W Bk
Aug 14, 2013
$660,000
Montalvo Center LLC
Donald F Andrews
Grant Deed
$430,000 · Community West Bank NA
Aug 14, 2013
—
Andrews Trust
Montalvo Professional Building
Quit Claim Deed
—
Dec 31, 2012
—
Andrews Trust
Andrews Trust
Quit Claim Deed
related
—
Dec 2, 2011
—
Madson Nancy D Trust
Madson,nancy D
Quit Claim Deed
related
—
Jun 15, 2011
—
Bishop K M & K A Living Trust
Bishop,kim M & Kimberly A
Quit Claim Deed
related
—
Nov 24, 2010
—
Kim M Bishop
Bishop Trust
Quit Claim Deed
related
—
Jan 31, 2005
—
Bishop Trust
Bishop Trust
Quit Claim Deed
related
—
—
—
Alma D Villanueva
—
Deed Of Trust
related
$211,742 · Network Cap Fndg
—
—
Montalvo Center LLC
—
Loan Modification
related
$600,000 · Community W Bk
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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