Building Details

Year built 1978

Listing Agency: RE/MAX Gold Coast REALTORS · RE/MAX International p***@remax.net Show Phone

Listed By: David Remedios · License #00902963 Show Phone

Added: Jul 7 Changed: Oct 7 Last Checked: Oct 17 at 7:06PM

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MLS# V1-37454

Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This medical office suite offers approximately 1,200 square feet with a private entrance, dedicated restroom, and kitchenette. The layout supports professional or medical office use and includes on-site parking for clients and staff, with approximately eight spaces in the upper parking area.

The property is in the Mira Monte area of Ojai, with access just off Highway 33. Constructed in 1978, the building is served by public water and provides a practical setting for an office user seeking a dedicated suite with its own entry and supporting amenities.

Key Highlights

• Approximately 1,200 square feet of medical office space
• Private entrance with dedicated restroom and kitchenette
• Approximately eight vehicles accommodated in the upper parking area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$17,331

Suggested Prices Based on Cap Rates

Cap Rate 5%

$346,620 $346.6K

Cap Rate 7%

$247,586 $247.6K

Cap Rate 9%

$192,567 $192.6K

What to ask about pricing

Market Conditions

NOI Build-Up for 1,200 SF

Gross rent

$31.0K $25.80/SF

− Vacancy

−$2.1K −$1.73/SF

EGI

$28.9K $24.07/SF

− OpEx

−$11.6K −$9.63/SF

NOI

$17.3K $14.44/SF

Area

Ventura County, CA

Vacancy

6.70%

Lease Rate

$25.80 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$346,620

Cap Rate 7%

$247,586

Cap Rate 9%

$192,567

Alternative Uses

Best Use

Office B

$303.4K

$265.5K – $354.0K (±1% cap)

NOI $21,241 @ 7.0% cap · market cap 1,633.92%

Second Best

Healthcare Medical

$247.6K

$216.6K – $288.9K (±1% cap)

NOI $17,331 @ 7.0% cap · market cap 1,333.15%

Theoretical Best

Office A

$412.0K

$360.5K – $480.6K (±1% cap)

NOI $28,837 @ 7.0% cap · market cap 2,218.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Mid Valley Chiropractic Alternative Medicine Practice Ojai Chiropractor Alternative Medicine Practice Mid-Valley Chiropractic: Dr. ... Alternative Medicine Practice Unlimited Chiropractic Ojai Alternative Medicine Practice Tigger's Angel Paws Kennel & Boarding Facility

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Parking Lot & Garage Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

178

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 93023, CA

20,937

Population

9,310

Households

2.2

Avg Household Size

50

Median Age

41%

College-Educated

90%

High-School Grad

266.9 sq mi

ZIP Area

78

Density / Sq Mi

$82,298

Median Household Income

$42,389

Median Earnings

$1,831

Median Rent

$888,700

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Private-access suite includes a restroom, kitchenette, and on-site parking.

Where is this medical office space located?

The property is located at 11400 N Ventura Avenue Ojai, CA.

What are key features of this property?

This property features: Approximately 1,200 square feet of medical office space; Private entrance with dedicated restroom and kitchenette; Approximately eight vehicles accommodated in the upper parking area