Financial
Distress signals
Property profile

2424 East Main St Ventura, CA 93003

FOR LEASE
Other commercial real estate
Property ID
US10-1487813
9,918 SF 0.25 ac lot Built 1950
Last sale May 2022 · $1,700,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2424 E Main Street in Ventura, California is a retail building with a configuration that can support mixed-use operations, combining retail frontage with on-site office spaces. It includes office areas and two air-conditioning units that were installed within the last two years, as well as an installed solar panel system. The building has roll-up garage doors suitable for loading and unloading, and provides eight available parking spaces. Positioned along Main St, it offers direct visibility and access for customers and tenants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value · 2024$1.77M
Assessed land$416k
Assessed improvement$1.35M
Effective rate1.09%

Value estimate

· Sep 2026
$1.82M
$1.64M – $2.00M
AI approach$1.99M
CAP approach$1.92M
NOI build-up
Gross scheduled income$75k
Vacancy & credit loss−$4k
Operating expenses−$22k
NOI · 2,873,657.14% cap applied$50k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$355/SF
Submarket average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$150 – $532

Cap rate analysis

How does the asset earn?
2,873,657.14%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionVENTURA

Location intelligence

Which uses thrive at this corner?

Location

2424 East Main St Ventura, CA 93003
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3409 Telegraph, Ventura, CA 93003-3314 $2,650,000 Apr 2024 21,920 SF
2555 Main, Ventura, CA 93003-2618 $795,000 May 2022 1,600 SF
3850 Main, Ventura, CA 93003-5294 $5,400,000 Mar 2022 17,155 SF
3111 Main, Ventura, CA 93003-4764 $3,200,000 Mar 2022 13,687 SF
4867 Colt, Ventura, CA 93003-7731 $4,100,000 May 2021 23,687 SF
3383 Telegraph, Ventura, CA 93003-3312 $1,050,000 Nov 2019 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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