Downtown Santa Paula Commercial
122 N 11th St, Santa Paula, CA 93060
For Sale
$489,000
Commercial property in Santa Paula's Downtown District with unique features.
Property Size1,316 SF
Lot Size0.16 Acres
Price / SF$376.15
Days on Market244
Property Features for 122 N 11th St
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Building Size
Year Built
Units
Listing Agency:
RE/MAX Gold Coast REALTORS
Listed By:
Rebecca Hill · License #01425877
(805) 443-2911
Source:
Elliman
Added: Mar 11
Changed: Aug 17
Last Checked: Aug 17 at 10:16AM
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 REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Santa Paula's designated Downtown District, this commercial property offers over 1,300 square feet of space. The building includes an office, auditorium, stage, employee kitchenette, walk-in closet, and media space, complemented by high ceilings, travertine flooring, French doors, and an upgraded bathroom. A 450-square-foot permitted pillared patio cover provides an outdoor area. The property features a large downtown commercial lot with ADA lighted parking and a gated off-street parking lot with 10 regulation parking spaces. Santa Barbara Street provides alley access to the back of the lot. The property is situated in a changing demographic with 1,500 new homes nearly sold out. The sale includes the building and parking facilities. Neighboring the property is JBM Plumbing, located in an attractive building with secured parking. The property is located approximately 8 miles from the beach. This property is suitable for various business uses in downtown Santa Paula.
Key Highlights
- Prime location in Santa Paula's designated Downtown District, offering high visibility and business potential.
- Substantial 1,300SF building with versatile spaces including an office, auditorium, stage, kitchenette, walk‑in closet, and media space.
- Features a 450SF permitted, modern‑designed covered patio, creating an attractive outdoor space.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,012
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,240
$460.2K
Cap Rate 7%
$328,743
$328.7K
Cap Rate 9%
$255,689
$255.7K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$34.3K $26.40/SF
− Vacancy
−$3.6K −$2.80/SF
EGI
$30.7K $23.60/SF
− OpEx
−$7.7K −$5.90/SF
NOI
$23.0K $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%
$460,240
Cap Rate 7%
$328,743
Cap Rate 9%
$255,689
Alternative Uses
Best Use
Office B
$328.7K
$287.7K – $383.5K
NOI $23,012 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.3K
$390.5K – $520.7K
NOI $31,240 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
995
Businesses Nearby
Explore this area
Business Placement
Demographics for 93060, CA
33,859
Population
10,935
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
67%
High-School Grad
92.4 sq mi
ZIP Area
366
Density / Sq Mi
$79,606
Median Household Income
$36,202
Median Earnings
$1,678
Median Rent
$582,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office Units in Ventura County, CA
Properties on Market for Office Units in Ventura County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Commercial property in Santa Paula's Downtown District with unique features.
Where is this office unit located?
The property is located at 122 N 11th St Santa Paula, CA.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: Prime location in Santa Paula's designated Downtown District, offering high visibility and business potential.; Substantial 1,300SF building with versatile spaces including an office, auditorium, stage, kitchenette, walk‑in closet, and media space.; Features a **450SF permitted, modern‑designed covered patio**, creating an attractive outdoor space.
