For Sale
$1,295,000

135 Magnolia Ave Oxnard, CA 93030

Fully-leased, high-return office investment.

Overview

Added:
Dec 11, 2024
Days on market:
136
This fully-leased, 6,525 square foot office building is located at 135 Magnolia Ave, Oxnard, CA 93030. The property boasts a 5.15% cap rate and is priced at $1,295,000 ($198.47/sq ft). Recent improvements include a new roof, HVAC system, resurfaced parking lot, electrical breakers, landscaping, back doors, and an electric car charging station. The single-story building sits on a 0.22-acre lot (APN 200-0-052-080) and is zoned DT-G. Its prime downtown location offers easy access to City Hall, the Oxnard Transportation Center, the post office, and numerous restaurants and amenities. The current tenant is the Mixteco/Indigena Community Organizing Project (MICOP). This presents a compelling opportunity for investors seeking a stable, high-yield asset in a thriving California market. The property's recent upgrades ensure long-term value and minimal maintenance needs. The convenient location and strong tenant occupancy make this an attractive investment prospect.

Highlights

  • $1,295,000 Asking Price
  • 6,525 Square Foot Office Building
  • $198.47 Price Per Square Foot
  • 5.15% Cap Rate
  • Fully Leased to Mixteco/Indigena Community Organizing Project (MICOP)
  • Located in Downtown Oxnard, CA, near City Hall and transportation center

Property Details for 135 Magnolia Ave

Property type
Office properties, Medical offices
Square Feet
6,525 SF
Stories
1
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Oxnard
County
Ventura
State
California
Latitude
34.2041963
Longitude
-119.1780492

FAQs

What type of property is this?
Office property - Fully-leased, high-return office investment.
Where is the office property located?
The property is located at 135 Magnolia Ave Oxnard, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: $1,295,000 Asking Price; 6,525 Square Foot Office Building; $198.47 Price Per Square Foot
How can I contact the broker?
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135 Magnolia Ave
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