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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Office buildings
625 Hillcrest Dr Thousand Oaks, CA 91360-4235
Entity Owned
2-yr Hold
Free & Clear
Property ID
US10-1593438
Property summary
AI-generated overview
This exceptional Class A office building, located at 625 W Hillcrest Dr, Thousand Oaks, CA 91360, offers 3,175 square feet of meticulously renovated space in a single-tenant configuration. Built in 1990 and completely renovated in 2024, this two-story building sits on a half-acre lot (50,000 sq ft) and features a stunning Spanish-style exterior with a modern interior. The property boasts a grand entryway with soaring 20-foot ceilings, updated restrooms, fresh paint, high-end flooring and lighting, and a well-equipped kitchen and break area. Ample parking is provided with 30 spaces, many oversized to accommodate trucks and SUVs. Enjoy nearly 2,000 square feet of patios and verandas, perfect for outdoor meetings or relaxation. The property's location offers excellent visibility and convenient access, yet maintains a private and tranquil atmosphere. The Ventura County property (APN 6630094055) is situated near Lynn Road and provides a sophisticated and inspiring work environment. This is an unparalleled opportunity to lease a truly unique and functional office space.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
3,175 SF
Lot
1.15 ac (50,094 SF)
APN
663-0-094-055
UPID
US10-1593438
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
-
A Family Coach Family Counselor Non-Profit Organization
-
Veteran Services Field Office Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.60M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.41M
Owner & transaction history
Power Point Adventures LLC · 2 yrs held
Power Point Adventures LLC
since 2023
Last sale
$2.4M
2 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
Method
Estimation
Statistic approach
$2,525,000
ML approach
$2,595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,450,000
Current use
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±10% · vs last sale $2.40M (Oct 4 2023)
Last sale anchor
$2.40M
Oct 4 2023
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
$759 / 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
$12,555
Tax year 2023
Assessed value
$2,273,500
Assessed 2024
Previous assessed
$1,090,934
+108.4% YoY
Effective rate
0.55%
On assessed value
Assessed land
$1,528,500
Assessed improvement
$745,000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Total area
3,175 SF
Lot
1.15 ac (50,094 SF)
APN
663-0-094-055
UPID
US10-1593438
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
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.5M
OFFICE BUILDING Current
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
1990
Heating
NONE
Lot
1.15 ac
Current owner
From public records · entity-resolved
Power Point Adventures LLC
Entity
Free & Clear · 2 yrs held
Mailing address
43818 N 44TH LN, PHOENIX, AZ 85087-5928
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2023
$2,400,000
Power Point Adventures LLC
Martha Marie Barker
Grant Deed
—
Aug 23, 2012
—
Barker Robert T Family Trust
Barker R T Family Trust
Quit Claim Deed
related
—
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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