1273 Los Angeles Ave Ventura, CA 93004-1992

Property Details for 1273 Los Angeles Ave

Year built

1966

Lot size

0.12 lot acres

Property size

3,659 SF

Zone code

CPD

Property type

Commercial real estate

APN

128-0-012-110

APU

1280012110

Description

This exceptional freestanding retail building, located at 1273 Los Angeles Avenue in Ventura, CA 93004, presents a unique owner-user opportunity. The 3,659 square foot property is situated in a prime commercial zone and boasts a convenient location, minutes from State Route 126 and a short drive to the 101 Ventura Freeway. Currently housing two tenants on month-to-month leases, the building achieves 100% occupancy. One tenant is a long-standing small dollar and convenience store, while the other is a salon. The building is classified as Class B and features a single story with two units. The asking price is $750,000, translating to $204.97 per square foot. The property is zoned for commercial use and offers a net lease structure. Note that the tenants do not have established credit ratings. This is an ideal investment for a business owner seeking to occupy a portion of the space, leveraging existing rental income to offset costs. The price was recently reduced on August 1st, 2023. This is a rare opportunity to acquire a well-located, fully occupied retail property in a thriving Ventura County market.

Location Insight

City

Ventura

County

Ventura

State

California

Longitude

-119.149

Latitude

34.2834

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments