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Bldg 24 3175 Old Conejo Rd 6,523 SF 72% 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
3175 Old Conejo Road offers a well-maintained, two-story office building in the Newbury Park area of Thousand Oaks. The property features a modern design with floor-to-ceiling windows, abundant natural light, and individually metered suites with separate HVAC systems. Tenants benefit from 24-hour access, an elevator-served layout, and a secure environment with ample surface parking. Located just off the 101 Freeway, the building provides excellent regional connectivity to Ventura County and the greater Los Angeles market. The surrounding area offers a mix of retail, dining, and service amenities, making it convenient for employees and clients alike. With flexible suite configurations and professional finishes, this property is well-suited for general office or medical office users seeking a functional and accessible location.
Space Availability
- Space
- Size
- Space Use
- Build-Out
- 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 | Build-Out | Available |
| 2nd Fl-Ste 200 | 754 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 202 | 1,058 SF | Office/Medical | Full Build-Out | Now |
2nd Fl-Ste 200
| Size |
| 754 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 1,058 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size | 754 SF |
| Space Use | Office |
| Build-Out | 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 |
| Build-Out | Full Build-Out |
| Available | Now |
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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