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Property profile & analytics
FOR LEASE
Office buildings

468 Pennsfield Pl Thousand Oaks, CA 91360

12,672 SF 1.01 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US10-1449870
468 Pennsfield Pl, Thousand Oaks, CA 91360 For Lease
$3,995,000 2,447 SF available
468 Pennsfield Pl, Thousand Oaks, CA 91360
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Property summary
AI-generated overview

This exceptional office property, located at 468 Pennsfield Place in Thousand Oaks, California, 91360, offers a fantastic opportunity for businesses seeking flexible and efficient workspace in the desirable Conejo Valley submarket. The building, classified as Class B, comprises a single, two-story structure totaling 15,119 square feet. Currently, there are multiple tenancies available, with a minimum divisible space of 902 square feet and a maximum contiguous space of 1,273 square feet. A total of 2,175 square feet is currently vacant and ready for immediate occupancy. The building does not feature elevators. This property is ideally suited for a variety of businesses seeking a convenient and well-located office space in Thousand Oaks. Its location within the Conejo Valley submarket provides easy access to major transportation routes, amenities, and a thriving business community. The address is easily accessible and provides ample parking. The available spaces offer a traditional office layout, perfect for companies needing adaptable work environments. Interested parties are encouraged to inquire about lease terms and availability. Don't miss this chance to secure your ideal office space in this sought-after location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Total area 12,672 SF
Lot 1.01 ac (43,995 SF)
Zoning code C2
APN 669-0-021-090
UPID US10-1449870
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
  • Mission Wealth Financial Advisor
  • Dr. Lisa D. Rajala, MD Pediatrician Physician
  • Lorch Greene, LLC Accounting Firm Tax Preparation
  • MIDsource Merchant Services Business To Business Service Business Development Service
  • William B. Goodman, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.02M
CAP Approach CAP
$4.82M
Comparable Approach Comparable
$4.92M
Blend (final) Blend
$4.00M
Owner & transaction history
468 Pennsfield LLC · 4 yrs held
468 Pennsfield LLC
since 2021
Last sale
$3.2M
4 recorded transactions
2021
$3.2M
2003
$2.4M
1998
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Thousand Oaks, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $6.1M +5.8%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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