Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Building with Ocean Views Title is generated by Realmo AI

    105 Los Altos Street, Oxnard, CA 93035

    View on Map
    Claim this Listing
    For Sale
    $2,995,000

    Two-story commercial building on Hollywood Beach with ocean views.

    Type:Commercial/Industrial
    Property size:
    2,500 SF
    Price / SF:
    $1,198/SF
    Added:
    Feb 1, 2024
    Days on Market:
    849
    Last Refresh:
    May 19 at 8:42 pm

    Property Features for 105 Los Altos Street

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1977

    We can help!

    Listing Contact
    Bob Jurik

    Listing agent Bob Jurik License #00426457

    Listing office RE/MAX Gold Coast-Beach Office

    Listing date Feb 1, 2024

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold Coast-Beach Office

    HighLights

    • Rare double lot in Hollywood Beach.
    • Commercial 2‑story building with ocean views.
    • Corner location on Ocean Drive.
    • Six private parking slips.
    • Three entrances (two off Ocean Drive).
    • Built in 1977.

    Overview

    This two-story commercial building is situated on a rare double lot at a corner location in Hollywood Beach. The property offers fantastic ocean views and features three entrances: one off Los Altos Street and two off Ocean Drive. Six private parking slips are located on the property. The building has a size of 2500 square feet.
    Location Intelligence

    Current Use by Public Records

    Bobby and Lee Orgel Real Estate Agency Chris Williams-Coldwell Banker ... Real Estate Agency Devin DiNardo Homes Real Estate Agency Coldwell Banker Realty ... Real Estate Agency Araceli Gonzales Coldwell ... Real Estate Agency

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.233
    Latitude
    34.1723

    Nearby Similar for Sale

    • $650,000

      Established Business Opportunity in Oxnard

      Premier one-stop shop for business and personal services.
      2081 North Oxnard Boulevard, Oxnard, CA 93036
      View Details
    • $780,000

      Downtown Oxnard Commercial Asset

      Centrally located commercial property with strong functionality and long-term potential.
      431 South C Street, Oxnard, CA 93030
      View Details
    • $299,000
      771 SF

      Oxnard Office Condo with Basement

      Office condominium with basement, owner financing available in Oxnard.
      1200 N Ventura Rd, 4% Owner Financing, Oxnard, CA 93030
      View Details
    • $949,000
      1,131 SF

      Modern Triplex in Oxnard, CA

      2020-built triplex with strong CAP rate in Oxnard.
      117 S Hayes Ave, Oxnard, CA 93030
      View Details
    • $1,100,000
      3,794 SF

      Oxnard Triplex Investment Opportunity

      Triplex in South Oxnard, great investment or owner-user potential.
      4720 Cloyne Street, Oxnard, CA 93033
      View Details
    • $979,000
      1,763 SF

      Remodeled Oxnard Duplex on Corner Lot

      Updated duplex in Oxnard with strong income potential.
      5340 S J, Oxnard, CA 93033
      View Details
    • $3,250,000

      Restaurant and Building in Oxnard

      Fully stocked restaurant with liquor license on over an acre.
      150 West Vineyard Avenue, Oxnard, CA 93036
      View Details
    • $619,777
      1,068 SF

      Versatile Commercial Property in Oxnard

      Prime commercial space suitable for retail, office, or investment.
      645 S Oxnard Blvd, Oxnard, CA 93030
      View Details
    • $4,700,000
      4,780 SF

      Oceanfront Triplex Opportunity in Oxnard

      Rare oceanfront triplex with three separate parcels in Hollywood Beach.
      3301-3305 Ocean Drive, Oxnard, CA 93035
      View Details
    • $550,000

      Commercial Building on High-Traffic Road

      Spacious commercial building with retail zoning and high visibility.
      2010 Saviers Rd, Oxnard, CA 93033
      View Details
    • $455,000

      Commercial/Industrial Building Near Downtown Oxnard

      Versatile commercial/industrial property, ideal for mechanics and fabricators.
      560 Pacific Ave B10, Oxnard, CA 93030
      View Details
    • $879,000
      754 SF

      Beach Area Office Opportunity

      Landmark property near Silverstrand Beach and Channel Islands Harbor.
      2525 Roosevelt Blvd, Oxnard, CA 93035
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Two-story commercial building on Hollywood Beach with ocean views.
    Where is this mixed-use property located?
    The property is located at 105 Los Altos Street Oxnard, CA.
    What is the asking price?
    The asking price for this property is $2,995,000.
    What are key features of this property?
    This property features: Rare double lot in Hollywood Beach.; Commercial 2‑story building with ocean views.; Corner location on Ocean Drive.
    (805) 320-4781
    We can help!
    Listing Contact
    Bob Jurik
    Real Estate License ID: 00426457
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    105 Los Altos Street, Oxnard, CA 93035
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!