1273 Los Angeles AveVentura, CA 93004

Property Details for 1273 Los Angeles Ave

Year built

1966

Lot size

0.12 AC

Property size (Sq ft)

3,659 SF

Zone code

CPD

Property type

Other commercial real estate

APN

128-0-012-110

APU

1280012110

Description

This exceptional freestanding retail building, located at 1273 Los Angeles Avenue in Ventura, CA 93004, presents a unique owner-user opportunity. The 3,659 square foot property is situated in a prime commercial zone and boasts a convenient location, minutes from State Route 126 and a short drive to the 101 Ventura Freeway. Currently housing two tenants on month-to-month leases, the building achieves 100% occupancy. One tenant is a long-standing small dollar and convenience store, while the other is a salon. The building is classified as Class B and features a single story with two units. The asking price is $750,000, translating to $204.97 per square foot. The property is zoned for commercial use and offers a net lease structure. Note that the tenants do not have established credit ratings. This is an ideal investment for a business owner seeking to occupy a portion of the space, leveraging existing rental income to offset costs. The price was recently reduced on August 1st, 2023. This is a rare opportunity to acquire a well-located, fully occupied retail property in a thriving Ventura County market.

• Alternative Use

  Use

  Valuation

  Residential

  $1,256,889

  Hospitality

  $1,151,303

  Educational

  $957,871

  Medical

  $990,813

  Retail

  $1,490,021

Location Insight

City

Ventura

County

Ventura

State

California

Latitude

34.2834

Longitude

-119.149

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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