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Bldg 24 3175 Old Conejo Rd 6,523 SF 88% Leased Office Building Thousand Oaks, CA 91320 $2,599,000 ($398.44/SF) 4.62% Cap Rate
INVESTMENT HIGHLIGHTS
- Freeway access (101)
- 2 story with elevator
- All tenants are current.
- Great parking
- Newer roof
- Property is in great condition, pride of ownership property.
EXECUTIVE SUMMARY
2 Story office building. Elevator. Individually metered suites - electric. Separate HVAC in each office suite. Great location, just off the 101 Freeway. Light and bright. Plenty of parking. One suite on the second floor can be delivered vacant to an owner/user. Published cap rate is proforma.
FINANCIAL SUMMARY (PRO FORMA - 2023) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$148,000
|
$22.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$148,000
|
$22.69
|
| Taxes |
$23,000
|
$3.53
|
| Operating Expenses |
$8,500
|
$1.30
|
| Total Expenses |
$31,500
|
$4.83
|
| Net Operating Income |
$116,500
|
$17.86
|
FINANCIAL SUMMARY (PRO FORMA - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $148,000 |
| Annual Per SF | $22.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $148,000 |
| Annual Per SF | $22.69 |
| Taxes | |
|---|---|
| Annual | $23,000 |
| Annual Per SF | $3.53 |
| Operating Expenses | |
|---|---|
| Annual | $8,500 |
| Annual Per SF | $1.30 |
| Total Expenses | |
|---|---|
| Annual | $31,500 |
| Annual Per SF | $4.83 |
| Net Operating Income | |
|---|---|
| Annual | $116,500 |
| Annual Per SF | $17.86 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
6,523 SF
Building Class
B
Year Built
2008
Price
$2,599,000
Price Per SF
$398.44
Cap Rate
4.62%
NOI
$120,000
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,262 SF
Slab To Slab
9’
Building FAR
1.87
Lot Size
0.08 AC
Zoning
C2 - General office. Medical office.
Parking
27 Spaces (4.14 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Courtyard
- Security System
- Central Heating
- Natural Light
- Air Conditioning
ABOUT 3175 OLD CONEJO RD , THOUSAND OAKS, CA 91320
2 Story office building. Elevator. Individually metered electric. Separate HVAC in each office suite. Great location, just off the 101 Freeway. Light and bright. Plenty of parking. 100% occupied, but a second floor unit can be delivered vacant to an owner/user.(approx.664 sq ft). Call for updated availability. Newly zoned to allow medical use,will permit TI's.
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Corner office - reception area and 2 private offices.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 754 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 754 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 200
| Size | 754 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Corner office - reception area and 2 private offices.
PROPERTY TAXES
| Parcel Number | 668-0-370-015 | Total Assessment | $1,478,060 (2025) |
| Land Assessment | $591,226 (2025) | Annual Taxes | $23,000 ($3.53/SF) |
| Improvements Assessment | $886,834 (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
668-0-370-015
Land Assessment
$591,226 (2025)
Improvements Assessment
$886,834 (2025)
Total Assessment
$1,478,060 (2025)
Annual Taxes
$23,000 ($3.53/SF)
Tax Year
2023
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Bldg 24 | 3175 Old Conejo Rd
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