831 Olive St Ventura, CA 93001-1601
This Ventura, CA industrial warehouse presents a unique investment opportunity. Located at 831 N Olive St, 93001, this 1,680 square foot building sits on a sizable 9,250 square foot lot, offering significant yard space. The property features two metal gates, providing secure access. The building boasts a retro design aesthetic and includes an ADA-compliant restroom. Currently leased to a church until July 31, 2025, at a net-net-net (NNN) rent of $3,300 per month, this property offers immediate income potential. The C-2 zoning allows for flexibility in use, and there's potential for a small residential addition (subject to permits and approvals). Its convenient location near Stanley Avenue and Highway 33, in the heart of Ventura's westside, adds to its appeal. The property's Assessed Parcel Number (APN) is 071-0-010-030. This is a rare opportunity to acquire a versatile industrial property with strong lease income and significant upside potential. The asking price is $1,075,000, translating to $639.88 per square foot.
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
C2 · 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.