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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Office buildings
93 Chestnut St Ventura, CA 93001-2797
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US10-1480135
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Total area
6,572 SF
Lot
0.11 ac (4,791 SF)
Zoning code
DC
APN
073-0-042-300
UPID
US10-1480135
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
$1.91M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.45M
Owner & transaction history
Buenaventures Company LLC · 13 yrs held
Buenaventures Company LLC
since 2012
7 recorded transactions
Zoning & alternative use
DC · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+12.3%
Apartment house (5+ units)
$2.4M
+11.0%
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%
$2,070,000
6.5%
$1,910,000
7%
$1,775,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,120,000
Current use
COMMERCIAL (GENERAL)
$2,380,000
Change: +12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,350,000
Change: +11% · Conversion: Easy
WAREHOUSE, STORAGE
$1,910,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.45M
Range $1.30M – $1.59M · ±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
$220 / 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
$17,962
Tax year 2023
Assessed value
$1,545,310
Assessed 2024
Previous assessed
$1,515,010
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$181,085
Assessed improvement
$1,364,225
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
1961
Heating
NONE
Total area
6,572 SF
Lot
0.11 ac (4,791 SF)
Zoning code
DC
APN
073-0-042-300
UPID
US10-1480135
Jurisdiction
VENTURA
Zoning & alternative use
DC · Ventura, CA
Zoning DC · permitted uses
DC · 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
$2.1M
COMMERCIAL (GENERAL)
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$1.9M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1961
Heating
NONE
Lot
0.11 ac
Current owner
From public records · entity-resolved
Buenaventures Company LLC
Entity
Mailing address
5318 ENCINO AVE, ENCINO, CA 91316-2526
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2022
—
Buenaventures Company LLC
—
Deed
related
$1,536,217 · Bank Of America NA
Jul 31, 2012
$2,450,000
Buenaventures Company LLC
Marjorie Lynn Landon
Grant Deed
$1,225,000 · Wells Fargo Bank NA
Jun 30, 1995
$1,250,000
Marjorie L Landon
USA Petroleum Corp
Grant Deed
$750,000 · Los Padres Savings Bank
Apr 16, 1992
$680,000
John J Moller
Santa Barbara Fe
Grant Deed
—
—
—
Buenaventures Co LLC
—
Deed Of Trust
related
$1,009,000 · Cdc Small Business Finance Co
—
—
Landon Trust
—
Deed Of Trust
related
$1,273,000 · Los Padres Savings Bank
—
—
Landon Marjorie L Trust
—
Deed Of Trust
related
$600,000 · Brian Matthews
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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