684 N Ventura Avenue, Ventura, CommercialSale

$ 1,489,000

Overview

  • Updated On:
  • August 7, 2025
  • Property ID
  • 23150
  • 0.11 ft2

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.

Address: 684 N Ventura Avenue
City:
State/County:
Zip: 93001
Country: US

Property Id: 23150
Price: $ 1,489,000
Property Lot Size: 0.11 ft2
Building Area Total: 3780
Building Area Units: SquareFeet
Building Type: Retail,StandAlone
Contract Status Change Date: 2024-09-14
Cumilative Days on Market: 234
Current Use: Investment
Days on Market: 234
Directions: Head north on S Oak St toward E Main Stm Turn left onto Poli St, Continue onto Cedar St, Turn left onto E Prospect St, Turn right onto N Ventura Ave
Entry Level: 1
Leasable Area Units: SquareFeet
List Agent AOR: SanLuisObispoCoastal
List Agent Direct Phone: 8058071782
List Agent Email: deborah@westernhotelbrokers.com
List Agent Name: Eric Gignoux
List Agent MLS ID: SL00549113
List office AOR: SanLuisObispoCoastal
List office Email: deborah@westernhotelbrokers.com
List office MLS ID: SL1224
List office Phone: 805-807-1782
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2024-09-14
Listing ID: SC24193355
Listing Terms: Cash,CashToNewLoan,Exchange1031
Living Area Source: Assessor
Lot Features: CornerLot,Paved,StreetLevel
Lot Size Area: 4791
Lot Size Source: Assessor
Lot Size Square Feet: 4791
Lot Size Units: SquareFeet
MLS Area Major: VTU - Ventura
Major Change Type: BackOnMarket
MLS Status: Active
Number of Buildings: 1
Number of Units Leased: 4
Number of Units Total: 4
Off Market Date: 2025-05-09
On Market Date: 2024-09-17
Original List Price: 1489000
Parcel Number: 0710071010
Photos Count: 4
Postal Code Plus 4: 1943
State or Province: CA
Stories Total: 1
Street Dir Prefix: N
Street Name: Ventura
Street Number: 684
Street Suffix: Avenue
Tax Annual Amount: 9717.84
Tax Year: 2023
Utilities: ElectricityConnected,WaterConnected
Water Source: Public
Year Built: 1925

Other Features
Additional Parcel
Land Lease

$ 8,692.89
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,141.85

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