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    684 Ventura 684 Ave Ventura, CA 93001

    Sponsored
    For Sale
    $1,489,000

    High-Yield Retail Investment in Ventura, CA

    Property size:
    3,780 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 4-unit retail building, located at 684 N Ventura Avenue in Ventura, California, presents a compelling investment opportunity. The 3,780 square foot free-standing structure sits on a 0.12-acre lot and was originally built in 1925. Currently boasting 100% occupancy with long-term tenants, this property offers immediate and consistent cash flow. The C2 zoning allows for a variety of commercial uses, enhancing its versatility and potential for future growth. The building's prime location in the heart of Ventura ensures high visibility and accessibility. While the property enjoys a strong history of tenant retention and lease stability, current rents are below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. This translates to substantial upside potential for investors seeking to maximize their return on investment. The combination of consistent income, a desirable location, and the potential for rent increases makes this a rare find in the Ventura commercial real estate market, offering both immediate returns and long-term value appreciation. This is an ideal investment for those seeking a stable, cash-flowing asset with significant growth potential.

    Property Features for 684 Ventura 684 Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,780 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.2982
    Latitude
    34.2893

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Retail Investment in Ventura, CA
    Where is this commercial real estate located?
    The property is located at 684 Ventura 684 Ave Ventura, CA.
    What is the asking price?
    The asking price for this property is $1,489,000.
    (805) 452-2880
    Request Owner's contact information
    684 Ventura 684 Ave Ventura, CA 93001
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    Ventura, CA 93001
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    684 Ventura 684 Ave Ventura, CA 93001
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