684 Ventura AveVentura, CA 93001

This exceptional investment opportunity presents a 3,780 square foot, four-unit retail building situated on a 4,791 square foot lot at 684-698 Ventura Avenue North in Ventura, California (93001). Built in 1925, this single-story building is currently 100% occupied by four tenants, providing immediate and consistent cash flow. The property is zoned C-2, allowing for a variety of commercial uses. With a current asking price of $1,489,000, the price per square foot is $393.92. The property's strong tenant history and current occupancy rate demonstrate its stability and potential for long-term value appreciation. However, current rents are below market value, presenting a significant opportunity for increased returns through strategic rent adjustments. This value-add investment is a rare find, offering a blend of immediate income and substantial upside potential in a thriving Ventura market. The property's location and existing tenant base make it an ideal investment for those seeking both steady cash flow and long-term growth. This is a 1031 exchange eligible property. The APN is 071-0-071-010.