4075 Telegraph Rd Ventura, CA 93003
- Land
- 0.97 lot acres
Current Use by Public Records
- Land
Property Details for 4075 Telegraph Rd
- Lot size
- 0.97 lot acres
- Property type
- Land
Description
This exceptional 0.974-acre development site, located at 4075 Telegraph Rd, Ventura, CA 93003 (APN 078-0-050-390), presents a compelling investment opportunity. Currently zoned for commerce (GP=Commerce), this property is situated in a "Highest Resource" zone, ideally positioned for multifamily development. The City of Ventura's General Plan and land use alternative plan actively encourage increased multifamily housing in this area, specifically targeting the Telegraph Road/Ventura College corridor for multifamily, student housing, and mixed-use projects. The site's potential allows for approximately 46 multifamily units, capitalizing on the high demand for housing and proximity to Ventura College, a major employment hub. The property boasts a convenient location, a one-minute walk from Ventura College, and sits at the corner of Telegraph Road and N Ashwood Avenue. With a total land area of 42,253 square feet, this site offers significant potential for a high-return development project within a thriving community. The asking price is $2,495,000. This is a rare opportunity to acquire a strategically located parcel poised for significant growth and development within Ventura's evolving urban landscape.
Value Estimation
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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
- -119.24
- Latitude
- 34.2746
