Freeway Corridor Professional Office
340 Rosewood Ave Camarillo, CA 93010
340 Rosewood Ave, Camarillo, CA, 93010
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For Sale
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Two office condominiums near amenities and services, one leased.
Property Size1,588 SF
Price / SF$283.38
Days on Market800
Property Features for 340 Rosewood Ave
General Information
- Standard status
- Active
- Size
- 1,588 SF
- Property subtype
- Office
Listing Agency
Becker Group
(415) 851-3454
Listed by
Matt Kingsley · License #CA 01969878
Source
Crexi
Added: May 10, 2024 Checked: Jul 17 at 2:21 pm
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 Becker Group
Investment Insights
Based on property information with market context.
This is a rare opportunity to own two professional office condominiums situated on the 101 Freeway Corridor. The office condominiums are adjacent to each other. Unit C is currently leased, while Unit D is vacant. Unit C features a floorplan that includes two private offices and a reception area. Unit D's floorplan includes three private offices with multiple entry points and a reception area. The location offers convenient access to amenities, services, and restaurants. Unit C has a size of 660 square feet (APN: 164-0-210-015), and Unit D has a size of 928 square feet (APN: 164-0-210-025), resulting in a total area of 1,588 square feet. The combined association fee for both units is $857.64.
Key Highlights
- Rare opportunity to own two adjacent professional office condominiums.
- Located on the 101 Freeway Corridor.
- Total of 1,588sf between both units.
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 | $41.9k | $26.40 |
| − Vacancy | −$4.4k | −$2.80 |
| EGI | $37.5k | $23.60 |
| − OpEx | −$9.4k | −$5.90 |
| NOI | $28.1k | $17.70 |
1,588 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$401.6K
$351.4K – $468.5K
NOI $28,110 @ 7.0% cap · market cap 6.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$545.2K
$477.0K – $636.0K
NOI $38,161 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cumorah Business Consulting
Consultant
LEC Management
Consultant
Ryan Charlon - State ...
Insurance Agency
Flynn Daniel MD
Physician
Anthony Marban
Consultant
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FAQs
What type of property is this?
Office units - Two office condominiums near amenities and services, one leased.
Where is this office units located?
The property is located at 340 Rosewood Ave Camarillo, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Rare opportunity to own two adjacent professional office condominiums.; Located on the 101 Freeway Corridor.; Total of 1,588sf between both units.
