430 Avenida De Los ArbolesThousand Oaks, CA 91360

Property Details for 430 Avenida De Los Arboles

Year built

1988

Lot size

1.42 AC

Property size (Sq ft)

4,592 SF

Property type

Office properties

Property subtype

Medical offices

Description

This exceptional 4,592 square foot medical office building in Thousand Oaks, California, presents a compelling owner-user or value-add investment opportunity. Located at 430 E Avenida De Los Arboles, this two-story building boasts a 3.81% cap rate and a current NOI of $215,025.52. Built in 1988 and extensively renovated in 2023, the property sits on a 1.42-acre lot and includes five parking spaces. Currently operating at 73% occupancy, the building offers abundant window line and an efficient suite layout, easily sub-divisible to accommodate various unit sizes. Its prime Conejo Valley location offers convenient access to Los Robles Hospital and major freeways (101 and Highway 23), ensuring high visibility and accessibility for patients and staff. The asking price is $5,650,000, translating to $327 per square foot. The property's APN is 521-0-264-020. This is a rare opportunity to acquire a well-maintained, strategically located medical office building in a thriving market.

Location Insight

City

Thousand Oaks

County

Ventura

State

California

Latitude

34.2175

Longitude

-118.869

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