Three-Unit Professional Office
134 N 10th Street, Santa Paula, CA 93060
For Sale
New
$998,500
An owner-occupied suite is leased within this multi-suite office property.
Property Size3,206 SF
Days on Market5
Property Features for 134 N 10th Street
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Tenant in Place
Property Use
Building Details
Building Size
Year Built
Buildings
Tenancy
Owner Occupied
Listing Agency:
eXp Realty of California Inc
Listed By:
Kay Wilson-Bolton · License #00577863
(805) 340-5025
Source:
Truthrealty
Added: Nov 5
Changed: Nov 8
Last Checked: Nov 8 at 5:35PM
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 eXp Realty of California Inc
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.
This professional office property contains three units, including an owner-occupied suite held under lease. The building dates to 1962 and has dedicated parking at the rear.
The property is on a state highway near Main Street in Santa Paula, California.
The property is on a state highway near Main Street in Santa Paula, California.
Key Highlights
- Three professional office units
- Owner‑occupied suite is leased
- Dedicated parking behind the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,750
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,135,000
$1.1M
Cap Rate 7%
$810,714
$810.7K
Cap Rate 9%
$630,556
$630.6K
Market Conditions
NOI Build-Up for 3,206 SF
Gross rent
$84.6K $26.40/SF
− Vacancy
−$9.0K −$2.80/SF
EGI
$75.7K $23.60/SF
− OpEx
−$18.9K −$5.90/SF
NOI
$56.8K $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%
$1,135,000
Cap Rate 7%
$810,714
Cap Rate 9%
$630,556
Alternative Uses
Best Use
Office B
$810.7K
$709.4K – $945.8K
NOI $56,750 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$963.0K – $1.28M
NOI $77,042 @ 7.0% cap · market cap 7.72%
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
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,117
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 buildings in Ventura County, CA
Properties on Market for Office buildings in Ventura County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - An owner-occupied suite is leased within this multi-suite office property.
Where is this office building located?
The property is located at 134 N 10th Street Santa Paula, CA.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: Three professional office units; Owner‑occupied suite is leased; Dedicated parking behind the building
