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Property profile & analytics
OFF-MARKET
Estimated value
$1,405,000
Investment properties
305 Matilija St Ojai, CA 93023-2768
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-1494536
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1982
Total area
6,404 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C1
APN
021-0-140-260
UPID
US10-1494536
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
-
Walsh Associates Financial Advisor
-
Balanced Physioga Physician
-
j.alexander barbering Barber Shop
-
Edward Jones - Financial Advisor: Bryant J Huber Financial Advisor
-
Crescent Moon Collective (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.41M
Owner & transaction history
George Watson · 1 yrs held
George Watson
since 2025
7 recorded transactions
Zoning & alternative use
C1 · Ojai, 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 Ojai submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ojai 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%
$1,340,000
6.5%
$1,235,000
7%
$1,150,000
Blend value · Realmo final
$1.41M
Range $1.26M – $1.55M · ±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
$219 / 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
$24,180
Tax year 2023
Assessed value
$1,516,258
Assessed 2024
Previous assessed
$1,486,528
+2.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$151,104
Assessed improvement
$1,365,154
Applied tax rate
2.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1982
Heating
NONE
Total area
6,404 SF
Lot
0.09 ac (3,920 SF)
Zoning code
C1
APN
021-0-140-260
UPID
US10-1494536
Jurisdiction
VENTURA
Zoning & alternative use
C1 · Ojai, CA
Zoning C1 · permitted uses
C1 · Ojai, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ojai. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
George Watson
Individual
Mailing address
PO BOX 1101, OJAI, CA 93024-1101
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
George Watson
George Watson
Deed
related
—
Oct 31, 2018
$950,000
Watson,g & D S Joint L & Trust
Mccrea Trust
Grant Deed
$400,000 · Mccrea Trust (pt)
Aug 18, 2010
—
Watson George & D Living Trust
George & Deborah Trust
Quit Claim Deed
related
—
Jul 21, 2010
$760,000
Watson George & D Living Trust
Beguhl,angela
Grant Deed
—
Dec 15, 2008
—
Richard Borgaro
Borgaro H Family Trust
Quit Claim Deed
—
Oct 12, 2004
—
Borgaro Family Trust
Borgaro A Family Trust
Quit Claim Deed
related
—
—
—
Watson George & D Living Trust
—
Deed Of Trust
related
$575,000 · Montecito Bank & Trust
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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