301 Los Angeles Ave Moorpark, CA 93021
Property Lookup
Property profile & analytics
301 Los Angeles Ave Moorpark, CA 93021
- Gas stations
- 2,300 SF
- 0.74 lot acres
Property ID
US10-1129181
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Shell / Gas Station
- Food Mart / Discount Store / Grocery & Convenience Store
Property Details for 301 Los Angeles Ave
- Year built
- 1993
- Lot size
- 0.74 lot acres
- Property size
- 2,300 SF
- Zone code
- CPD
- Property type
- Gas stations
- APN
- 511-0-080-455
- APU
- 5110080455
Description
This exceptional investment opportunity presents a fee-simple interest in a 2,300 square foot, single-story 7-Eleven gas station situated on a 0.74-acre lot in Moorpark, California. The property boasts six gas pumps and benefits from a strong, 100% occupancy rate under a NNN lease with 8.7 years remaining, expiring July 31, 2033, with two five-year options at fair market value. The lease commenced December 3, 1992, and includes a favorable 3% annual rent increase, providing a hedge against inflation. Built in 1993 and renovated in 2023, this asset is located at the signalized intersection of Los Angeles Avenue and Park Lane, offering excellent visibility and accessibility. The property is part of a larger shopping center, Mission Bell Plaza, with strong co-tenancy including Grocery Outlet, Fitness 19, Tractor Supply, Dollar Tree, Carl's Jr., El Pollo Loco, AutoZone, and Wells Fargo. Moorpark is a high-income area, with average household incomes exceeding $139,625 within a 1-mile radius, $177,707 within 3 miles, and $171,949 within 5 miles. The city's General Plan is undergoing amendments to allow for increased density along Los Angeles Avenue, further enhancing the property's long-term value. The asking price is $4,635,000, representing a 5.00% cap rate. The property's APN is 5110080455. This is a core investment with an investment-grade tenant (S&P: AA-).
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,023,000
Market price range: $333k - $1.02M -
Alternative Use
- Use
- Estimation
- SERVICE STATION (FULL SERVICE)
- $595,000 Current use
- OFFICE BUILDING
- $520,000 Change: -13% Conversion: Difficult
- MEDICAL BUILDING
- $485,000 Change: -18% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Moorpark
- County
- Ventura
- State
- California
- Longitude
- -118.886
- Latitude
- 34.2793
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$40,275
$2,060,038
$1,740,876
$3,800,914
-
$0.00
$0.00
$0.00
