684 Ventura 684 Ave Ventura, CA 93001
- Commercial real estate
- 3,780 SF
- 0.12 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 684 Ventura 684 Ave
- Year built
- 1925
- Lot size
- 0.12 lot acres
- Property size
- 3,780 SF
- Property type
- Commercial real estate
Description
This exceptional 4-unit retail building, located at 684 N Ventura Avenue in Ventura, California, presents a compelling investment opportunity. The 3,780 square foot free-standing structure sits on a 0.12-acre lot and was originally built in 1925. Currently boasting 100% occupancy with long-term tenants, this property offers immediate and consistent cash flow. The C2 zoning allows for a variety of commercial uses, enhancing its versatility and potential for future growth. The building's prime location in the heart of Ventura ensures high visibility and accessibility. While the property enjoys a strong history of tenant retention and lease stability, current rents are below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. This translates to substantial upside potential for investors seeking to maximize their return on investment. The combination of consistent income, a desirable location, and the potential for rent increases makes this a rare find in the Ventura commercial real estate market, offering both immediate returns and long-term value appreciation. This is an ideal investment for those seeking a stable, cash-flowing asset with significant growth potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ventura
- County
- Ventura
- State
- California
- Longitude
- -119.298
- Latitude
- 34.2893