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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
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
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.
Reception area and 3 private offices. This may be combined with the neighboring suite for a total of 1,812 Sq Ft. Suite has its own HVAC and has its own electrical service.
| Space | Size | Space Use | Condition | Available |
| 2nd Fl-Ste 200 | 754 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 1,058 SF | Office/Medical | Full Build-Out | Feb 2026 |
2nd Fl-Ste 200
| Size |
| 754 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 1,058 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Feb 2026 |
2nd Fl-Ste 200
| Size | 754 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Corner office - reception area and 2 private offices.
2nd Fl-Ste 202
| Size | 1,058 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Feb 2026 |
Reception area and 3 private offices. This may be combined with the neighboring suite for a total of 1,812 Sq Ft. Suite has its own HVAC and has its own electrical service.
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
Presented by
Bldg 24 | 3175 Old Conejo Rd
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