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Property profile & analytics
OFF-MARKET
Office Spaces
2535 Hillcrest Dr Thousand Oaks, CA 91320-2295
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1477703
Property summary
AI-generated overview
The Arbors of Thousand Oaks offers exceptional Class A executive office space for lease in the desirable Thousand Oaks, CA, 91320 area. This prestigious property, located at 2535 & 2545 W. Hillcrest Drive, comprises two two-story buildings totaling 142,837 square feet. Currently, there are multiple suites available, ranging from a minimum of 2,824 square feet to a maximum contiguous space of 21,745 square feet
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
71,050 SF
APN
667-0-060-785
UPID
US10-1477703
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
-
ZS Business Management Consultant
-
Blink Charging Station Electric Vehicle Charging Station
-
SemaConnect Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lax Sixth Ave Arbors Equities · 6 yrs held
Lax Sixth Ave Arbors Equities
since 2020
Last sale
$47.0M
4 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$146,901
Tax year 2023
Assessed value
$14,278,641
Assessed 2024
Previous assessed
$13,998,668
+2.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$5,711,455
Assessed improvement
$8,567,186
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2007
Heating
NONE
Total area
71,050 SF
APN
667-0-060-785
UPID
US10-1477703
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
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Current owner
From public records · entity-resolved
Lax Sixth Ave Arbors Equities
Individual
Mailing address
520 SW 6TH AVE STE #610, PORTLAND, OR 97204-1516
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 19, 2020
—
Lax Sixth Ave Arbors Equities
Lax Sixth Ave Arbors Equitie
Quit Claim Deed
related
$36,250,000 · Other Institutional Lenders
Feb 6, 2020
—
Lax Sixth Ave Arbors Equities
—
Deed
related
$36,250,000 · Other Institutional Lenders
Feb 20, 2018
$47,000,000
Lax Sixth Ave Arbors Equities
Lggs Arbors LLC
Grant Deed
$40,000 · Pfp Holding Co V LLC
—
—
Lax Sixth Ave Arbors Equities
—
Deed Of Trust
related
$36,250,000 · Other Institutional Lenders
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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