Office Suite with Delivery
2323 Portola Road, Ventura, CA 93003
For Sale
New
Contact for pricing
Office, Ventura, CA
Property Size4,000 SF
Price / SF$1.65
Days on Market1
Property Features for 2323 Portola Road
General Information
Property type
Property subtype
Subdivision
Standard status
APN
Additional Details
Property Use
Utilities
Water source
Amenities
delivery room
roll-up door
Building Details
Year built
Listing Agency:
Real Investments
(805) 985-1000
Listed By:
Gabriela Perez
(805) 775-6075
Added: Nov 9
Last Checked: Nov 9 at 8:06PM
MLS# V1-39697
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000 SF office suite at 2323 Portola Road includes a dedicated delivery room and a roll-up door. The configuration combines professional workspace with a separate area for receiving goods. The building dates to 1984.
The suite is in Ventura, with access to surrounding commercial areas.
The suite is in Ventura, with access to surrounding commercial areas.
Key Highlights
- Approximately 4,000 SF of professional office space
- Separate delivery room with a roll‑up door
- Located at 2323 Portola Road in Ventura
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,805
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,100
$1.4M
Cap Rate 7%
$1,011,500
$1.0M
Cap Rate 9%
$786,722
$786.7K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$105.6K $26.40/SF
− Vacancy
−$11.2K −$2.80/SF
EGI
$94.4K $23.60/SF
− OpEx
−$23.6K −$5.90/SF
NOI
$70.8K $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%
$1,416,100
Cap Rate 7%
$1,011,500
Cap Rate 9%
$786,722
Alternative Uses
Best Use
Office B
$1.01M
$885.1K – $1.18M
NOI $70,805 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,123 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,288
Businesses Nearby
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Business Placement
Demographics for 93003, CA
50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Ventura, CA
Properties on Market for Office Units in Ventura
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A dedicated receiving area and roll-up door support office operations that handle regular deliveries.
Where is this office unit located?
The property is located at 2323 Portola Road Ventura, CA.
What are key features of this property?
This property features: Approximately 4,000 SF of professional office space; Separate delivery room with a roll‑up door; Located at 2323 Portola Road in Ventura
