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Property profile & analytics
OFF-MARKET Estimated value $1,060,000
Office buildings

135 Magnolia Ave Oxnard, CA 93030-5336

5,625 SF 0.22 ac lot Built 1958
Entity Owned 3-yr Hold Free & Clear
Property ID
US10-1474388
Property summary
AI-generated overview

This fully-leased, 6,525 square foot office building is located at 135 Magnolia Ave, Oxnard, CA 93030. The property boasts a 5.15% cap rate and is priced at $1,295,000 ($198.47/sq ft). Recent improvements include a new roof, HVAC system, resurfaced parking lot, electrical breakers, landscaping, back doors, and an electric car charging station. The single-story building sits on a 0.22-acre lot (APN 200-0-052-080) and is zoned DT-G. Its prime downtown location offers easy access to City Hall, the Oxnard Transportation Center, the post office, and numerous restaurants and amenities. The current tenant is the Mixteco/Indigena Community Organizing Project (MICOP). This presents a compelling opportunity for investors seeking a stable, high-yield asset in a thriving California market. The property's recent upgrades ensure long-term value and minimal maintenance needs. The convenient location and strong tenant occupancy make this an attractive investment prospect.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1958
Total area 5,625 SF
Lot 0.22 ac (9,583 SF)
Zoning code C2
APN 200-0-052-080
UPID US10-1474388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Web Developer OC Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Mixteco/Indigena Community Organizing Project (MICOP) - Proyecto Mixteco/Indigena - 135 Magnolia Ave. Oxnard Charitable Organization Social Service Agency
  • Think Big Work Small Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$737k
Blend (final) Blend
$1.06M
Owner & transaction history
Dakota West Realty LLC · 3 yrs held
Dakota West Realty LLC
since 2022
Last sale
$1.0M
6 recorded transactions
2022
$1.0M
2022
Price N/A
2018
$585,000
2016
Price N/A
2010
$288,500
2005
Price N/A
Zoning & alternative use
C2 · Oxnard, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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