Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Two fully leased office condominiums providing immediate income stability.
  • Positioned within a single-story medical office building on a 0.87-acre parcel.
  • Investment opportunity with a reported 7.26% cap rate and NOI of $43,577.
  • Located on N Ventura Road with convenient access to U.S. Route 101 and regional transportation networks.
  • Zoned COPD for commercial use, supporting a range of professional and medical office applications.
  • Situated in Oxnard, a coastal city with a diverse economy and strong regional connectivity.

Executive Summary

The property at 1100 N Ventura Rd in Oxnard, California, is a single-story office building constructed in 1970 with a total size of approximately 7,521 square feet. It is located on a 0.87-acre lot and zoned for commercial use under COPD zoning. The site is accessible from N Ventura Road and is in proximity to U.S. Route 101, providing regional connectivity. The surrounding area includes residential neighborhoods, retail establishments, and community services.

Property Facts

Total Building Size 7,521 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class C
Floors 1
Typical Floor Size 7,521 SF
Year Built 1970
Lot Size 0.87 AC
Zoning COPD - Commercial zoning

1 Unit Available

Unit 107

Unit Size 3,000 SF
Price $600,000
Price Per SF $200.00
Condo Use Office
Sale Type Investment
Cap Rate 7.26%
NOI $43,577
Description

This offering presents an investment opportunity to acquire professional office condominiums located along N Ventura Road in Oxnard, California. The property consists of two fully leased commercial office condos within a single-story medical office building. Positioned on a 0.87-acre parcel, the building spans approximately 7,521 square feet and is zoned for commercial use under COPD zoning.

Sale Notes

This offering presents an investment opportunity to acquire professional office condominiums located along N Ventura Road in Oxnard, California. The property consists of two fully leased commercial office condos within a single-story medical office building. Positioned on a 0.87-acre parcel, the building spans approximately 7,521 square feet and is zoned for commercial use under COPD zoning.
The asset is currently generating stable income with a reported cap rate of 7.26% and an NOI of $43,577, making it an attractive option for investors seeking consistent returns. The property benefits from its location in a well-established business corridor with convenient access to major thoroughfares, including U.S. Route 101, which connects Oxnard to the greater Ventura County region and Los Angeles markets.
Oxnard is a growing coastal city with a diverse economic base, including healthcare, agriculture, and manufacturing sectors. The property’s proximity to residential neighborhoods, retail centers, and community services enhances its long-term leasing appeal. With its fully leased status and professional tenant mix, this property offers immediate income stability and potential for future appreciation.

Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
  • Listing ID: 31105003

  • Date on Market: 3/2/2024

  • Last Updated:

  • Address: 1100 N Ventura Rd, Oxnard, CA 93030

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}