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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Office buildings
603 Ojai Ave Ojai, CA 93023-3732
Trust Owned
6-yr Hold
~
Est. High Equity
Property ID
US10-1460870
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1959
Total area
8,035 SF
Lot
0.75 ac (32,670 SF)
Zoning code
BP
APN
023-0-030-180
UPID
US10-1460870
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
-
Waite Jacobs & Atkinson Law Firm
-
Siete Robles Mutual Water Company Water Utility Company
-
Jacobs & Jacobs Accounting Firm Tax Preparation
-
Dynamic Wisdom Rising Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.32M
Owner & transaction history
Plotkin,h & E Fam Trust · 6 yrs held
Plotkin,h & E Fam Trust
since 2020
7 recorded transactions
Zoning & alternative use
BP · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$164 / 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
$11,308
Tax year 2023
Assessed value
$591,740
Assessed 2024
Previous assessed
$580,138
+2.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$195,923
Assessed improvement
$395,817
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
1959
Heating
NONE
Total area
8,035 SF
Lot
0.75 ac (32,670 SF)
Zoning code
BP
APN
023-0-030-180
UPID
US10-1460870
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.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Lot
0.75 ac
Current owner
From public records · entity-resolved
Plotkin,h & E Fam Trust
Trust
Mailing address
603 W OJAI AVE STE A, OJAI, CA 93023-3732
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2021
—
Eileen Jacobs Plotkin
—
Deed
related
$220,902 · Allan And Janet M Jacobs Family Trust
Feb 21, 2020
—
Plotkin,h & E Fam Trust
Aje
Quit Claim Deed
—
Mar 19, 2019
—
Aje Ptshp
—
Deed
related
$220,902 · Jacobs Allan (es)
Aug 19, 2004
—
Allan Jacobs
Jacobs,godfrey
Quit Claim Deed
related
—
Oct 11, 1991
$160,000
A J E
Jacobs Trust
Quit Claim Deed
related
—
Oct 11, 1991
$1,000
A J E
St Andrews Episc
Quit Claim Deed
related
—
—
—
Aje Ptshp
—
Deed Of Trust
related
$220,902 · Jacobs Allan (es)
—
—
Aje
—
Deed Of Trust
related
$500,000 · Wells Fargo Bank
—
—
Aje Partnership
—
Deed Of Trust
related
$301,000 · Bank Of Ventura
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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