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402 W Ojai Ave
Ojai, CA 93023
Pro Forma Cap Rate 6.35% | Very Low PPSF · Office Property For Sale
Investment Highlights
- Very Low PPSF Building For The Ojai Market
- Significant Value-Add Upside | Pro Forma Cap Rate 6.35% | Attractive Yield Expansion
- 8 Tenants On Month To Month Leases | Within Walking Distance of Ojai Valley Inn
- Bank of The Sierra | Credit Anchor Tenant with NNN Structure
- Meticulously-Maintained | Low-Cap Ex Asset
- Owner/User | SBA Financing
Property Facts
Property Type
Office
Building Size
8,371 SF
Building Class
C
Year Built
1981
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,186 SF
Building FAR
0.33
Lot Size
0.58 AC
Zoning
BP - business park
Parking
30 Spaces (3.58 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Security System
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 020-0-181-160 | Improvements Assessment | $988,380 |
| Land Assessment | $1,248,480 | Total Assessment | $2,236,860 |
Property Taxes
Parcel Number
020-0-181-160
Land Assessment
$1,248,480
Improvements Assessment
$988,380
Total Assessment
$2,236,860
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