684 Ventura Ave, Ventura, CA 93001-1943
This exceptional investment opportunity presents a four-unit, free-standing retail building situated on a 0.11-acre lot at 684 Ventura Avenue in Ventura, California. The 3,780 square foot building, originally constructed in 1925, is zoned C2, allowing for a variety of commercial uses. Currently boasting 100% occupancy with long-term tenants, this property offers immediate and consistent cash flow. The existing leases provide a stable income stream, however, current rental rates are below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. This translates to substantial upside potential for investors seeking to maximize returns by aligning rents with current market trends. The property's prime location within a thriving market ensures long-term value appreciation and sustained income generation. This is an ideal investment for those seeking a blend of immediate returns and future growth potential in a desirable Ventura location. The building's history and established tenant base provide a solid foundation for a secure and profitable investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Ventura, CAVentura. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.