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Property profile & analytics
OFF-MARKET
Estimated value
$2,885,000
Office buildings
530 Ojai Ave Ojai, CA 93023-2462
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1489002
Property summary
AI-generated overview
This exceptional office suite, located at 530 West Ojai Avenue in the heart of historic Ojai, California (zip code 93023), offers 512 square feet of versatile space ideal for medical or creative office uses. The property boasts a convenient multiple tenancy structure, providing a collaborative and dynamic work environment. Situated within easy walking distance of downtown Ojai, the Arcade, a variety of restaurants, and numerous shopping options, this location offers unparalleled accessibility and convenience. The building features well-maintained common area restrooms, ensuring comfort and practicality for tenants and their clients. Ample parking is provided, eliminating the stress of finding parking in a busy downtown area. Enhance your professional image with the property's prominent monument signage, and enjoy the newly landscaped grounds, creating a welcoming and attractive atmosphere. This Ventura County property presents a unique opportunity to establish a thriving business in a highly desirable and vibrant community. The suite is ready for immediate occupancy. The property type is classified as Office, with a subtype of both Medical Office and Creative Office.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1977
Total area
10,172 SF
Lot
0.89 ac (38,768 SF)
Zoning code
BP
APN
020-0-181-090
UPID
US10-1489002
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
-
Perez Family Funeral Home Social Service Agency
-
Hans Gruenn M.D. Pediatrician Physician
-
Socorro Bernal Marriage Or Relationship Counselor
-
Julie Sardonia Marriage Or Relationship Counselor
-
Heidi Avenelle Dahl-Rosenbaum Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.96M
Comparable Approach
Comparable
$3.66M
Blend (final)
Blend
$2.89M
Owner & transaction history
Matthew Auric · 6 yrs held
Matthew Auric
since 2019
6 recorded transactions
Zoning & alternative use
BP · Ojai, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.3M
+9.7%
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%
$3,200,000
6.5%
$2,955,000
7%
$2,745,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,890,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,265,000
Change: +10% · Conversion: Difficult
MEDICAL BUILDING
$3,870,000
Change: -1% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,810,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$284 / 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
$33,624
Tax year 2023
Assessed value
$2,430,000
Assessed 2024
Previous assessed
$2,350,000
+3.4% YoY
Effective rate
1.38%
On assessed value
Assessed land
$1,645,000
Assessed improvement
$785,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1977
Heating
NONE
Rooms
2
Total area
10,172 SF
Lot
0.89 ac (38,768 SF)
Zoning code
BP
APN
020-0-181-090
UPID
US10-1489002
Jurisdiction
VENTURA
Zoning & alternative use
BP · Ojai, CA
Zoning BP · permitted uses
BP · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.8M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1977
Heating
NONE
Rooms
2
Lot
0.89 ac
Current owner
From public records · entity-resolved
Matthew Auric
Individual
Mailing address
PO BOX 23277, VENTURA, CA 93002-3277
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2020
—
Matillija Investment Property LLC
—
Deed
related
$4,000,000 · Pacific Western National Bank
Dec 17, 2019
—
Matilija Investment Property LLC
—
Deed
related
$6,000,000 · Pacific Western National Bank
Aug 9, 2019
$450,000
Matthew Auric
Alice De Dadelsen Asqu Trust
Grant Deed
$250,000 · Farm Credit Svcs
Jan 5, 2007
$794,000
Matilija Investment Prop LLC
Faec Holdings 385447 LLC
Grant Deed
—
Sep 19, 2006
$2,100,000
Faec Holdings 385447 LLC
Proodos Properties INC
Grant Deed
$1,350,000 · First California Bank
Nov 7, 1988
$985,000
Proodos Properti
First Exchange
Trustees Deed
—
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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