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Property profile & analytics
FOR SALE
Auto shops

996 E Ojai Ave E Ojai, CA 93023

3,375 SF 0.44 ac lot Built 1957
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US10-1023840
Property summary
AI-generated overview

This exceptional commercial property presents a unique investment opportunity in the heart of Ojai, California. Located at 996 Ojai Avenue, this 0.45-acre corner lot boasts unparalleled visibility, situated directly on Ojai Avenue, the city's main thoroughfare. The property offers a substantial 19,500 square foot lot with a 3,375 square foot building, currently operating as an auto repair shop. Its prime location offers excellent exposure, directly across from the entrance to the prestigious Soule Park Golf Course, ensuring high traffic and significant brand visibility. The C1 zoning designation allows for a wide range of potential uses, making this property exceptionally versatile and adaptable to various business ventures. The existing building provides a solid foundation for immediate occupancy or redevelopment, offering flexibility for entrepreneurs and investors alike. This is a rare chance to acquire a highly visible and strategically located commercial property in the desirable and thriving town of Ojai. The property's size and location make it ideal for a variety of businesses seeking high foot traffic and excellent brand exposure in a vibrant community. Its proximity to downtown Ojai further enhances its appeal, offering easy access to local amenities and a strong customer base. Don't miss this opportunity to secure a prime commercial asset in one of California's most sought-after locations. The asking price is $1,350,000.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Total area 3,375 SF
Lot 0.44 ac (19,166 SF)
Zoning code C1
APN 022-0-161-415
UPID US10-1023840
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
  • Ojai Valley Imports Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.05M
Owner & transaction history
Fourth Step Enterprises LLC · 5 yrs held
Fourth Step Enterprises LLC
since 2021
Last sale
$950,000
2 recorded transactions
2022
Price N/A
2021
$950,000
Zoning & alternative use
C1 · Ojai, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $1.4M +11.9%
Office building $1.3M +2.0%
Medical building $1.3M +1.5%
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