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Property Condition Assessments: The Name That Has Set The Standard For over 27 Years.
Location
550 Laurie Lane, Thousand Oaks, CA
Total Buildings
52
Total Sqft:
183,693
PCA conducted a Property Condition Assessment of Retreat at Thousand Oaks, located at 550 Laurie Lane in Thousand Oaks, California. The 1966-vintage multifamily property comprises 246 units across 52 two-story buildings totaling approximately 183,693 square feet on an 8.96-acre site, served by one elevator. PCA’s scope addressed the major building systems, envelope components, and unit interiors across the property.
The engagement included architectural, roofing, structural-seismic, and mechanical/electrical/plumbing/limited fire- and life-safety assessments under ASTM E2018 protocols, along with a 100% interior walk of all units. The unit-by-unit walk yielded unit-level deferred-maintenance and condition data across the 246 apartments, while the structural-seismic review informed site and structural risk evaluation for a property of this age. PCA quantified deferred maintenance and remaining-useful-life projections to support the client’s reserve and capital planning, and the consolidated findings provided a defensible basis for prioritizing immediate repairs across the 52 buildings.
