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684 N Ventura Avenue

Ventura, CA 93001
  • $1,489,000
  • STATUS: Active
  • ON SITE: 121 Days
  • ID#: SC24193355
$1,489,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Listing Agent(s): Eric Gignoux of Western Hotel Brokers, Inc (805-807-1782)


Description

This unique offering presents a 4-unit, free-standing retail building located in the heart of Ventura. Originally constructed in 1925, the property is zoned C2, providing a range of commercial uses. Situated in a prime location, this building boasts long-term tenants, creating a rare investment opportunity with consistent cash flow.With 100% occupancy, the property has a solid history of tenant retention and lease stability, offering immediate income for potential investors. However, with current rents below market value, there is significant upside potential for investors to capitalize on rent adjustments, aligning the property with current market trends.This property presents an exciting opportunity for investors seeking long-term value appreciation, steady cash flow, and the potential to enhance returns by optimizing rent structures. The location of this property is key and positioned in a growing market, making it an ideal investment for sustained income and value appreciation.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/155332125
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684 N Ventura Avenue Ventura, CA 93001

  • Price: $1,489,000
  • Status: Active
  • On Site: 121 Days
  • ID#: SC24193355
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1925
Built
Neighborhood:
VTU - Ventura
County:
Ventura
Area:
VTU - Ventura
Property Description
This unique offering presents a 4-unit, free-standing retail building located in the heart of Ventura. Originally constructed in 1925, the property is zoned C2, providing a range of commercial uses. Situated in a prime location, this building boasts long-term tenants, creating a rare investment opportunity with consistent cash flow.With 100% occupancy, the property has a solid history of tenant retention and lease stability, offering immediate income for potential investors. However, with current rents below market value, there is significant upside potential for investors to capitalize on rent adjustments, aligning the property with current market trends.This property presents an exciting opportunity for investors seeking long-term value appreciation, steady cash flow, and the potential to enhance returns by optimizing rent structures. The location of this property is key and positioned in a growing market, making it an ideal investment for sustained income and value appreciation.
Exterior Features

Entry Level 1 Lot Features Corner LotPavedStreet Level Sign On Property YN No

Property Features

Additional Parcels YN No Business Type RetailStand-Alone Common Interest None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan1031 Exchange Number Of Units Leased 4 Property Sub Type Retail Special Listing Conditions Standard Tax Annual Amount 9717.84 Tax Year 2023 Utilities Electricity ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Eric Gignoux of Western Hotel Brokers, Inc (805-807-1782)