684 Ventura 684 Ave Ventura, CA 93001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.