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Property profile & analytics
OFF-MARKET
Estimated value
$6,965,000
Office buildings
6401 Telephone Rd Ventura, CA 93003-4458
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US10-1487043
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
26,640 SF
Lot
0.33 ac (14,374 SF)
Zoning code
CPD
APN
083-0-270-065
UPID
US10-1487043
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.74M
Comparable Approach
Comparable
$7.75M
Blend (final)
Blend
$6.97M
Owner & transaction history
Omninet Ventura Sl LLC · 8 yrs held
Omninet Ventura Sl LLC
since 2017
5 recorded transactions
Zoning & alternative use
CPD · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.2M
+23.2%
Apartment house (5+ units)
$10.3M
+13.3%
Medical building
$10.1M
+11.8%
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 Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura 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%
$8,385,000
6.5%
$7,740,000
7%
$7,185,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,065,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,165,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$10,275,000
Change: +13% · Conversion: Easy
MEDICAL BUILDING
$10,130,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,980,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,455,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$7,745,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.97M
Range $6.27M – $7.66M · ±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
$261 / 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
$48,435
Tax year 2023
Assessed value
$4,505,800
Assessed 2024
Previous assessed
$4,417,451
+2.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,893,915
Assessed improvement
$2,611,885
Applied tax rate
5.0000
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
1987
Heating
NONE
Total area
26,640 SF
Lot
0.33 ac (14,374 SF)
Zoning code
CPD
APN
083-0-270-065
UPID
US10-1487043
Jurisdiction
VENTURA
Zoning & alternative use
CPD · Ventura, CA
Zoning CPD · permitted uses
CPD · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.3M
MEDICAL BUILDING
Est. value
$10.1M
AUTO REPAIR, GARAGE
Est. value
$10.0M
COMMERCIAL (GENERAL)
Est. value
$9.5M
WAREHOUSE, STORAGE
Est. value
$7.7M
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1987
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Omninet Ventura Sl LLC
Entity
Mailing address
9420 WILSHIRE BLVD STE #400, BEVERLY HILLS, CA 90212-3151
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2017
—
Omninet Ventura Sl LLC
Omninet Silver Lake LP
Quit Claim Deed
—
Sep 28, 2016
$24,000,000
Omninent Ventura LP
Center Promenade LLC
Grant Deed
$17,600,000 · Bank Of America
Oct 5, 2012
—
Center Promenade LLC
—
Deed Of Trust
related
$860,000,000 · New York Life Insurance
Jul 31, 2007
—
Center Promenade LLC
Arden Realty LP
Grant Deed
$860,000,000 · Wachovia Bank NA
—
—
Center Promenade LLC
—
Deed Of Trust
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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