215 N 8th St Santa Paula, CA 93060
M-1 industrial-flex property with live/work potential near downtown.
Property Features for 215 N 8th St
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1959
Listing office (805) 850-5443
Listing date Apr 13, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- M‑1 Industrial‑Flex / Mixed‑Use Property with Live/Work Potential
- Boasting 3,600 sq ft of Usable Space
- Features 3‑Phase Electrical Power
Local Financial Insights For Office B
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 | $95.0k | $26.40 |
| − Vacancy | −$10.1k | −$2.80 |
| EGI | $85.0k | $23.60 |
| − OpEx | −$21.2k | −$5.90 |
| NOI | $63.7k | $17.70 |
