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    2368 Eastman Ave Ventura, CA 93003

    Sponsored
    For Sale
    $1,100,000

    Prime Ventura flex space; 3,022 sq ft, ideal owner-user.

    Property size:
    3,022 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,022-square-foot industrial condominium in Ventura, California, presents a unique owner-user opportunity. Located at 2368 Eastman Avenue, Unit 18, this property boasts a highly-improved interior featuring three private offices, a spacious bull-pen area, a convenient break area with kitchenette, a professional reception area, and a well-equipped conference room complete with acoustic wall paneling for optimal sound control. Two restrooms add to the convenience. The warehouse space includes an electric garage door for easy access. The asking price is $1,100,000, translating to $364 per square foot. The property is zoned MPD and comes with a monthly association fee of $314. Significant improvements were completed in 2020, including a new electrical panel and wiring, new insulation throughout, new underground plumbing, updated restrooms, a new electric garage door opener, new exterior doors, polished concrete flooring on the first floor, a new fire sprinkler and alarm system, and a new HVAC system. The property is available for occupancy by February 2025. The Ventura County location, combined with the extensive recent upgrades and flexible layout, makes this an attractive investment for owner-occupants seeking a modern and efficient workspace. The property's APN is 084-0-150-185. This is a single-unit property.

    Property Features for 2368 Eastman Ave

    General Information

    Property type
    Flex space
    Square Feet
    3,022 SF

    Building Details

    Units
    1

    HighLights

    • $1,100,000 asking price for this 3,022 square foot industrial flex condo.
    • Located at 2368 Eastman Ave, Ventura, CA 93003.
    • Features three private offices, a bullpen, break area with kitchenette, reception area, conference room, two restrooms, and warehouse space with an electric garage door.
    • Recently renovated (2020) with new electrical, plumbing, restrooms, HVAC, fire sprinklers, and more.
    • MPD zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ventura
    County
    Ventura
    State
    California
    Longitude
    -119.2292734
    Latitude
    34.2517968

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    FAQs

    What type of property is this?
    Flex space - Prime Ventura flex space; 3,022 sq ft, ideal owner-user.
    Where is this flex space located?
    The property is located at 2368 Eastman Ave Ventura, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: $1,100,000 asking price for this 3,022 square foot industrial flex condo.; Located at 2368 Eastman Ave, Ventura, CA 93003.; Features three private offices, a bullpen, break area with kitchenette, reception area, conference room, two restrooms, and warehouse space with an electric garage door.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2368 Eastman Ave Ventura, CA 93003
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