Two-Story Mixed-Use
1073 N VENTURA AVE, Ventura, CA 93001
For Sale
Contact for pricing
Two buildings combine residential apartments with retail and office suites around a central parking area.
Property Size13,825 SF
Lot Size0.42 Acres
Price / SF$452.08
Days on Market109
Property Features for 1073 N VENTURA AVE
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Lot size
Property subtype
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Amenities
concrete/asphalt paving
localized planters
roof-mounted HVAC systems
acoustical drop ceilings
Building Details
Year Built
Buildings
Stories
Units
Construction
Tenancy
Listing Agency:
Real Investments
Listed By:
Michael H. Hernandez · License CA #01269596
(805) 340-8700
Source:
Crexi
Added: Jul 24
Changed: Nov 6
Last Checked: Nov 8 at 6:15AM
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 Real Investments
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Investment Insights
Based on property information with market context.
Built in 2006, this mixed-use property comprises two well-maintained, two-story buildings with 13,825 gross SF and 12,319 net SF on an approximately 18,295 SF lot. The unit mix includes 12 residential units and 5 commercial retail or office suites. Residential features include kitchens, living areas, bathrooms, and individual wall heaters. The commercial spaces have professional acoustical drop ceilings, while the residential offering includes four two-bedroom apartments, four one-bedroom apartments, and four two-level townhouses with three bedrooms each.
The primary building fronts N Ventura Ave, while the second is located at 32 W Flint St behind the central parking area. The property includes 16 dedicated parking spaces, drive approaches from Flint Street, roof-mounted HVAC systems, and 120/240-VAC three-phase and single-phase electrical service. Construction includes wood framing, reinforced-concrete spread footings, Mediterranean-style stucco, and Spanish tile and composite roll roofing.
The primary building fronts N Ventura Ave, while the second is located at 32 W Flint St behind the central parking area. The property includes 16 dedicated parking spaces, drive approaches from Flint Street, roof-mounted HVAC systems, and 120/240-VAC three-phase and single-phase electrical service. Construction includes wood framing, reinforced-concrete spread footings, Mediterranean-style stucco, and Spanish tile and composite roll roofing.
Key Highlights
- 12 residential units and 5 commercial retail/office units
- 13,825 gross SF and 12,319 net SF on an ~18,295 SF lot
- Two well‑maintained, 2‑story buildings built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$244,719
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,894,380
$4.9M
Cap Rate 7%
$3,495,986
$3.5M
Cap Rate 9%
$2,719,100
$2.7M
Market Conditions
NOI Build-Up for 13,825 SF
Gross rent
$365.0K $26.40/SF
− Vacancy
−$38.7K −$2.80/SF
EGI
$326.3K $23.60/SF
− OpEx
−$81.6K −$5.90/SF
NOI
$244.7K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,894,380
Cap Rate 7%
$3,495,986
Cap Rate 9%
$2,719,100
Alternative Uses
Best Use
Office B
$3.50M
$3.06M – $4.08M
NOI $244,719 @ 7.0% cap · market cap 3.92%
Second Best
Retail
$3.16M
$2.77M – $3.69M
NOI $221,344 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$4.75M
$4.15M – $5.54M
NOI $332,225 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
Explore this area
Business Placement
Demographics for 93001, CA
33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Ventura County, CA
Properties on Market for Mixed-use properties in Ventura County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings combine residential apartments with retail and office suites around a central parking area.
Where is this mixed-use property located?
The property is located at 1073 N VENTURA AVE Ventura, CA.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: 12 residential units and 5 commercial retail/office units; 13,825 gross SF and 12,319 net SF on an ~18,295 SF lot; Two well‑maintained, 2‑story buildings built in 2006
