6633 Telephone Rd Ventura, CA 93003
Property profile & analytics
6633 Telephone Rd, Ventura, CA 93003
- Office buildings
- 26,640 SF
- 0.33 lot acres
Property ID
US10-1487048
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 6633 Telephone Rd
- Year built
- 1983
- Lot size
- 0.33 lot acres
- Zone code
- CPD
- Property type
- Office buildings
- APN
- 083-0-270-115
- APU
- 830270115
Description
Center Promenade offers a unique investment opportunity in Ventura, CA. This seven-building office park encompasses 180,576 square feet on a 12-acre lot, strategically located adjacent to the Ventura County Government Center. The property features multiple suite options ranging from 1,051 to 5,144 contiguous square feet, with 25,755 square feet currently vacant, presenting immediate leasing potential. The park's convenient location provides excellent freeway access via the 101 and 126 freeways and proximity to the Victoria Corridor. Building addresses include 1000 S. Hill Rd., 1050-1070 S. Hill Rd., 1001 Partridge Dr., 6401 Telephone Rd., 6477 Telephone Rd., 6555 Telephone Rd., and 6633 Telephone Rd., Ventura, CA 93003. The property is classified as Retail, Office, with subtypes including Executive Office, Restaurant, Strip Center, and Street Retail. On-site property management ensures responsive service. Nearby retail and restaurant amenities offer convenience for tenants and employees. This prime Ventura location presents a compelling opportunity for investors seeking a well-maintained, multi-tenant office complex with significant upside potential. The property's diverse suite sizes cater to a wide range of business needs, making it an attractive option for both established companies and startups.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $8,385,000
- 6.5%
- $7,740,000
- 7%
- $7,185,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,514,000
- AI Estimate
- $5,936,000
Market price range: $6.84M - $13.1MMarket price range: $2.12M - $10.0M -
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
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Location Insight
- Map
- Local Demand
- City
- Ventura
- County
- Ventura
- State
- California
- Longitude
- -119.204
- Latitude
- 34.267
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$53,159
$1,662,026
$3,286,058
$4,948,084
-
$0.00
$0.00
$0.00
