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1170 Montebello St - Development Opp - Industrial & Residential 7.02 Acres of Industrial Land Offered at $4,950,000 in Santa Paula, CA 93060

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INVESTMENT HIGHLIGHTS

  • ±7.02 acres of flat, developable land
  • Adjacent to Santa Paula Airport – ideal for aviation or aerospace-related users
  • Excellent access to Ventura County markets, ports, and Greater Los Angeles
  • Zoned SP-7 Airpark: allows for industrial, aviation, commercial, and residential integration
  • Entitled for 72,000 SF and 37 live-work units (with flexibility for non-aviation uses)

EXECUTIVE SUMMARY

Unique opportunity to develop a multi-tenant industrial property in a strategic location with favorable market conditions. Rare combination of light Industrial, business, and residential zoning makes it an attractive investment for developers. This zoning allows for unique opportunities such as live-work hangar homes, aviation businesses, and supporting services, all in close proximity to the Santa Paula Airport. City is open to plan modifications.
Current entitlements show a 72,000 SF building foot print across 37 units, sized for aircraft & taxiways. Non-aviation use allows for far more building footprint within the build-able area, through a minor modification to the approved Site Plan.




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PROPERTY FACTS

Price $4,950,000
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Mixed Use
  • Airplane Hangar
  • Distribution
  • Industrial Live or Work Unit
  • Loft or Creative Space
  • Retail Warehouse
  • Single Family Development
  • Warehouse
Total Lot Size 7.02 AC
Zoning I - The Specific Plan supports light industrial uses, making it suitable for warehouses, manufacturing facilities, and other industrial operations.

1 LOT AVAILABLE

Lot

Price $4,950,000
Price Per AC $705,128.21
Lot Size 7.02 AC

The SP-7 Airpark Specific Plan zoning in Santa Paula is designated for the development of an airpark, integrating aviation-related uses w/ residential & commercial components. Zoning allows for unique opportunities such as live-work hangar homes.

DESCRIPTION

Discover a rare chance to develop within one of Ventura County’s most unique zoning overlays—SP-7 Airpark—at 1170 Montebello Street, a ±7.02-acre parcel adjacent to the Santa Paula Airport. This site is entitled for a 72,000 SF multi-tenant development with up to 37 units, originally designed for aviation hangars with second-story living quarters. With a simple plan modification, the property can accommodate a broader range of uses, including non-aviation light industrial, warehousing, flex office, and live/work condos, opening the door to tremendous design flexibility and strong end-user demand. The property's proximity to the Santa Paula Airport—with over 97,000 annual operations and 300+ based aircraft—makes it ideal for flight schools, aircraft maintenance companies, drone technology firms, and other aviation-adjacent businesses. Just minutes from Highway 126, 20 miles from Port Hueneme, and under 75 minutes to Downtown Los Angeles and Long Beach, the site offers outstanding regional access for logistics and workforce commuting. This opportunity is further bolstered by strong city support, low industrial inventory in Santa Paula, and a growing base of residential, commercial, and medical developments nearby. The City of Santa Paula is known for its pro-business, nimble approach to development, creating an environment primed for investment and long-term growth.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 104-0-107-095
  • 104-0-107-195
  • 104-0-107-205
Land Assessment
$1,694,249
Improvements Assessment
$0
Total Assessment
$1,694,249
  • Listing ID: 36129761

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 1170 Montebello St, Santa Paula, CA 93060

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