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Ventura Medical/Office Building For Sale
For Sale
$925,000
Pending

3442 Loma Vista Road, Ventura, CA 93003

Fully occupied medical/office building in Ventura's Loma Vista corridor.

Property Size2,936 SF
Days on Market200
Rey
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Property Features for 3442 Loma Vista Road

General Information

Standard status Pending
Size 2,936 SF

Amenities

Central Air
Central

Building Details

Building Size 2,936 SF
Listed By: Phil Tremiti
Source: Evrealestate
Added: Mar 30 Changed: Oct 4 Last Checked: Oct 14 at 10:58PM

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 Phil Tremiti

Investment Insights

Based on property information with market context.

This fully occupied medical/office building is located in Ventura's highly sought-after Loma Vista medical corridor, near CMH. The property offers stable income with rents below market, presenting an opportunity for immediate NOI upside through renewal adjustments. The current ownership is open to a partial leaseback, which would provide income continuity while also offering flexibility for owner-users. The location benefits from decent visibility, convenient parking, and a proven healthcare-driven environment, making it an attractive long-term investment. The property has a bike score of 79, indicating it is very bikeable, a walk score of 89, indicating it is very walkable, and a transit score of 42, indicating some transit options are available.

Key Highlights

  • Located in Ventura's highly sought‑after Loma Vista medical corridor near CMH.
  • Stable income in place with rents below market, creating immediate NOI upside.
  • Ownership wants to do a partial leaseback, providing income continuity while offering flexibility.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,971
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,039,420 $1.0M
Cap Rate 7%
$742,443 $742.4K
Cap Rate 9%
$577,456 $577.5K
Market Conditions
NOI Build-Up for 2,936 SF
Gross rent
$77.5K $26.40/SF
− Vacancy
−$8.2K −$2.80/SF
EGI
$69.3K $23.60/SF
− OpEx
−$17.3K −$5.90/SF
NOI
$52.0K $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%
$1,039,420
Cap Rate 7%
$742,443
Cap Rate 9%
$577,456

Alternative Uses

Best Use
Office B
$742.4K
$649.6K – $866.2K (±1% cap)
NOI $51,971 @ 7.0% cap · market cap 5.62%
Second Best
Healthcare Medical
$605.8K
$530.1K – $706.7K (±1% cap)
NOI $42,404 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$1.01M
$881.9K – $1.18M (±1% cap)
NOI $70,554 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • April Armstrong DVM- Shoreline Equine — 271 Seton Hall Ave, Ventura, CA 93003

Frequently Asked Questions

What type of property is this?
Medical Office Space - Fully occupied medical/office building in Ventura's Loma Vista corridor.
Where is this medical office space located?
The property is located at 3442 Loma Vista Road Ventura, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Located in Ventura's highly sought‑after Loma Vista medical corridor near CMH.; Stable income in place with rents below market, creating immediate NOI upside.; Ownership wants to do a partial leaseback, providing income continuity while offering flexibility.
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