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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Medical Office Space
246 Lombard St Thousand Oaks, CA 91360-8219
Trust Owned
16-yr Hold
~
Est. High Equity
Property ID
US10-1449857
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1969
Total area
5,932 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
525-0-012-155
UPID
US10-1449857
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
-
Westoaks Dental Arts Dental Office
-
WestOaks Dental Arts: Steve Chen, DDS Dental Office
-
The Pet Hospital of Thousand Oaks Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.10M
Blend (final)
Blend
$910k
Owner & transaction history
Chen Trust · 16 yrs held
Chen Trust
since 2010
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
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±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
$153 / 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
$13,303
Tax year 2023
Assessed value
$1,257,829
Assessed 2024
Previous assessed
$1,233,166
+2.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$506,200
Assessed improvement
$751,629
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1969
Heating
NONE
Total area
5,932 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C2
APN
525-0-012-155
UPID
US10-1449857
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.
Building & site characteristics
From public records
Year built
1969
Heating
NONE
Lot
0.36 ac
Current owner
From public records · entity-resolved
Chen Trust
Trust
Mailing address
3973 CLOVERLEAF ST, WESTLAKE VILLAGE, CA 91362-5118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2010
$775,000
Chen Trust
Wright William B Trust
Grant Deed
$530,000 · Bank Of America
Jun 30, 2010
$412,500
Wright William B Trust
Falls Robert Trust
Grant Deed
—
Oct 13, 2009
$651,188
Falls Robert Trust
Epic Deed Service INC
Trustees Deed
related
—
Dec 19, 2008
—
Irving Schaffner
Schaffner I & C 2000 Trust
Quit Claim Deed
related
—
Mar 8, 2006
—
Schaffner I & C 2000 Trust
Schaffner,irving
Quit Claim Deed
related
—
—
—
Irving Schaffner
—
Deed Of Trust
related
$38,000 · Carp Trust
—
—
Irving Schaffner
—
Deed Of Trust
related
$200,000 · Wright Trust
—
—
Chen Trust
—
Deed Of Trust
related
$425,000 · Cdc Small Business Finance Co
—
—
Irving Schaffner
—
Deed Of Trust
related
$150,000 · Assured Equity Funding
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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