896 E Main Street Ventura, CA 93001
Unique mixed-use property in Downtown San Buenaventura, near the beach.
Property Features for 896 E Main Street
General Information
- Standard status
- Active
- Size
- 5,307 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1888
Listing office BHHS California Properties (805) 479-2772
Listing date Apr 15, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Historic Victorian building with significant architectural details, including stained glass, high ceilings, and hand‑carved wood.
- Mixed‑use property offering multiple possibilities: residence, Bed and Breakfast, or income‑producing business.
- Prime Downtown San Buenaventura location, close to the beach, shopping, entertainment, and restaurants.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.2k | $30.00 |
| − Vacancy | −$12.7k | −$2.40 |
| EGI | $146.5k | $27.60 |
| − OpEx | −$54.9k | −$10.35 |
| NOI | $91.5k | $17.25 |
