407 Bryant Cir Ste A, Ojai, CA 93023-4218
- Office buildings
- 3,296 SF
- 0.38 lot acres
Current Use by Public Records
- Quartermile Films / Film Production / Television Studio
- Shell Shape Fitness / Gym & Fitness Center
- The Rowley Law Firm / Law Firm
- OnTrac Drop Box / Logistics Company / Freight Service
Property Details for 407 Bryant Cir Ste A
- Lot size
- 0.38 lot acres
- Property type
- Office buildings
- APN
- 024-0-160-015
- APU
- 240160015
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 20, 2023 | $500,000 | Pacific Premier Trust Company | John W Milo | Trustees Deed · related | — |
| Sep 17, 2021 | — | John W Milo | — | Deed · related | $450k · Pacific Premier Trust Company |
| Jan 3, 2020 | — | John Milo | — | Deed · related | $300k · Donald J Pistotnik |
| Jul 9, 2019 | — | John W Milo | — | Trustees Deed · related | $480k · Computer Mtg |
| Jan 23, 2019 | — | John W Milo | — | Deed · related | $250k · Stephania Sullivan |
| Dec 28, 2018 | — | John W Milo | — | Deed · related | $100k · Donald J Pistotnik |
| Sep 25, 2018 | — | John W Milo | — | Deed · related | $748k · Computer Mortgage Corp |
| Sep 18, 2018 | — | John W Milo | Sullivan,stephania | Quit Claim Deed | — |
| Feb 26, 2018 | — | Jm West Valley Builders INC | — | Deed · related | $249k · Stephania Sullivan |
| Jul 1, 2016 | $818,000 | Jm West Valley Builders INC | 407 Bryant Circle LLC | Grant Deed | $573k · Private Individual |
| May 6, 2013 | $1,725,000 | 407 Bryant Circle LLC | Ojai Cmnty Bk | Grant Deed | — |
| Feb 14, 2012 | $777,507 | Ojai Community Bank | Asset Foreclosure Svcs INC | Trustees Deed · related | — |
| Feb 27, 2007 | — | Town Office LLC | — | Trustees Deed · related | $465k · Business First National Bank |
| — | — | John W Milo | — | Deed Of Trust · related | $100k · Donald J Pistotnik |
| — | — | John Milo | — | Deed Of Trust · related | $300k · Donald J Pistotnik |
| — | — | Jm West Valley Builders INC | — | Deed Of Trust · related | $249k · Stephania Sullivan |
| — | — | Bryant Circle LLC | — | Deed Of Trust · related | $1M · Ojai Community Bank |
| — | — | John W Milo | — | Deed Of Trust · related | $250k · Stephania Sullivan |
Description
This exceptional 3,350 square foot industrial property, situated on a 0.38-acre lot at 407 Bryant Circle in Ojai, California, presents a unique investment opportunity. Currently operating as a multi-tenant building within the Ojai Business Center complex, it offers significant upside potential. The property boasts ample on-site and street parking, a considerable advantage in the vibrant Ojai market. Current tenants include a custom glass design shop, a children's learning center, and a wine import business, all operating under short-term leases. This allows for a seamless transition to owner-occupancy or a strategic lease-up strategy for maximizing rental income. The property's cost is below current replacement costs, creating a significant barrier to entry for competitors. The location within Ojai's emerging Funk Zone allows for a diverse range of permitted uses, including wineries, galleries, and dispensaries, significantly expanding the potential tenant pool and increasing property value. Furthermore, pre-existing city applications for conversion to residential or live/work spaces are available, presenting a substantial avenue for future profit generation. This property is an exceptional opportunity for an investor seeking a high-return asset in a desirable and rapidly developing area.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $860,000
- ML approach
- $890,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,035,000
- 6.5%
- $955,000
- 7%
- $890,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,180,000
Market price range: $316k - $1.27M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,260,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,380,000 Change: +10% Conversion: Difficult
- MEDICAL BUILDING
- $1,255,000 Change: -1% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,235,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Ojai
- County
- Ventura
- State
- California
- Longitude
- -119.238
- Latitude
- 34.4442
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
