Property profile

2368 Eastman Ave Ventura, CA 93003

OFF-MARKET
Industrial properties
3,022 SF
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Property summary

AI-generated overview

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 profile

Verified
Property type Industrial properties
Total area 3,022 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store
  • Engineering Consultant
  • Building Supply General Contractor
  • Law Firm
  • Art Studio

Location

2368 Eastman Ave Ventura, CA 93003
Ventura metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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