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Geoliv Investment Group Acquires Multifamily Asset In Thousand Oaks For $11.5M

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SOLD
$11,500,000

California

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MultiFamily62,986 SF
Sold 11/24/2025
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SOLD

Geoliv Investment Group Acquires Multifamily Asset In Thousand Oaks For $11.5M

605 Warwick Avenue

See Similar Deals
MultiFamily62,986 SF
Sold 11/24/2025
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$182
Total Square Footage:62,986 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily asset located at 605 Warwick Avenue in Thousand Oaks. It comprises 36 residential units with a total square footage of 36,882. The sale price for this asset was $11,500,000, resulting in a price per unit of $319,444 and a price per square foot of $312.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $11,500,000
  • Units: 36
  • Square Footage: 36,882
  • Price Per Unit: $319,444
  • Price Per Square Foot: $312
  • Seller's Representative: Luc Whitlock - JLL
  • Mortgage Brokers: Max Mraz & Marc Schillinger - JLL
  • Loan Amount: $12,440,639

The buyer of this asset, Geoliv Investment Group, was represented by the seller's agent, Luc Whitlock from JLL. The transaction involved mortgage brokerage services provided by Max Mraz and Marc Schillinger, also from JLL, further facilitating the deal.

Players

Marc Schillinger
49 deals$2.2B volume
BROKER

Luc Whitlock
JLL
3 deals$49.4M volume(310) 595-3642
BROKER

Max Mraz
JLL
13 deals$452.3M volume
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: Luc Whitlock, Danny Lampert, Marissa Buss, Marc Schillinger & Max Mraz DATE: 11/24/2025 ADDRESS: 605 Warwick Avenue MARKET: Thousand Oaks ASSET TYPE: Multifamily BUYER: Geoliv Investment Group SELLER'S REP: Luc Whitlock (@LucWhitlock) - JLL (@JLL) MORTGAGE BROKERS: Max Mraz (@Tajmraj) & Marc Schillinger (@Smaaackdab) - JLL SALE PRICE: $11,500,000 UNITS: 36 ~ PPU: $319,444 SF: 36,882 ~ PPSF: $312 NOTE FROM SELLER'S REP: LOAN $12,440,639

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
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