Professional Office Condo For
For Sale
$315,000
674 County Square Drive, Ventura, CA 93003
Office condo near Ventura County Courthouse with rental income.
Property Size1,120 SF
Days on Market313
Property Features for 674 County Square Drive
General Information
Standard status
Active
Size
1,120 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,120 SF
Listed By:
Jeffrey R. Becker CCIM . CPM . RPA · License #01213236
(805) 653-6794
Source:
Beckergrp
Added: Nov 28, 2025
Changed: Oct 4
Last Checked: Oct 5 at 4:18PM
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 Jeffrey R. Becker CCIM . CPM . RPA
Investment Insights
Based on property information with market context.
This office condo, known as the County Square Professional Offices building, offers multi-use space suitable for an owner-user or landlord, with existing rental income from several individual offices. The building is connected to the Ventura County Courthouse via a tunnel. It features ample parking and is located near the 101 and 126 freeways, restaurants, and a shopping center. The property is suitable for attorneys, tax consultants, insurance professionals, LMFT, financial services, and other consulting purposes. The unit is divided into 5 spaces, each currently occupied by tenants. The HOA fee for the building is $276.90 per month.
Key Highlights
- Rental income from multiple individual offices.
- Direct tunnel access to the Ventura County Courthouse.
- Multi‑use space suitable for owner/user/landlord.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,825
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,500
$396.5K
Cap Rate 7%
$283,214
$283.2K
Cap Rate 9%
$220,278
$220.3K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$29.6K $26.40/SF
− Vacancy
−$3.1K −$2.80/SF
EGI
$26.4K $23.60/SF
− OpEx
−$6.6K −$5.90/SF
NOI
$19.8K $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%
$396,500
Cap Rate 7%
$283,214
Cap Rate 9%
$220,278
Alternative Uses
Best Use
Office B
$283.2K
$247.8K – $330.4K
NOI $19,825 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.5K
$336.4K – $448.6K
NOI $26,914 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office condo near Ventura County Courthouse with rental income.
Where is this office units located?
The property is located at 674 County Square Drive Ventura, CA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Rental income from multiple individual offices.; Direct tunnel access to the Ventura County Courthouse.; Multi‑use space suitable for owner/user/landlord.
