495 N Ventu Park Rd | Thousand Oaks, CA 91320
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- LoopNet Team
495 N Ventu Park Rd
Thousand Oaks, CA 91320
Palm Garden Hotel · Hospitality Property For Sale
·
119,842 SF
INVESTMENT HIGHLIGHTS
- Beautifully-Appointed Independent Hotel Framed by Lush Gardens and a Tranquil Courtyard
- $2.9M+ Renovation Completed in 2022 | $15M in Renovations Since 2019
- High Additional Revenue from Onsite Selvin's Restaurant & Lounge (Built 2024)
- Available for Conversion to Tapestry by Hilton
- Increased Revenue
- Conveniently Located Off of U.S. Route 101, Within an Hour of Malibu, Hollywood, and Beverly Hills
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1970/2024 |
| Building Class | B | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 5.88 AC | Corridor | Exterior |
| Building Size | 119,842 SF | ||
| Zoning | C1, Newbury Park | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 5.88 AC |
| Building Size | 119,842 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1970/2024 |
| Parking Ratio | 2.21/1,000 SF |
| Corridor | Exterior |
| Zoning | C1, Newbury Park |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Barber/Hair Salon/Beauty Shop
- Meeting Event Space
- Wedding Venue
- Public Access Wifi
- Hot Tub
- Fully-Equipped Kitchen
PROPERTY TAXES
| Parcel Number | 526-0-180-050 | Improvements Assessment | $6,429,443 |
| Land Assessment | $7,536,969 | Total Assessment | $13,966,412 |
PROPERTY TAXES
Parcel Number
526-0-180-050
Land Assessment
$7,536,969
Improvements Assessment
$6,429,443
Total Assessment
$13,966,412
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