0 Glenn Dr & Chapel DrCamarillo, CA 93010

Property Details for 0 Glenn Dr & Chapel Dr

Lot size

0.35 AC

Property size (Sq ft)

1,100 SF

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a prime 0.35-acre parcel in Camarillo's Old Town, ideally situated at the intersection of S Glenn Drive and Chapel Drive (93010). Currently a parking lot with curb cuts, the property offers pre-approved plans for the construction of two multifamily buildings, each approximately 5,915 square feet. Each building will encompass four units, each with an attached garage, totaling eight units across both buildings. The total buildable square footage ranges from 1,100 to 5,915 square feet, with an asking price of $1,700,000 ($1 per square foot). This translates to a compelling value proposition for developers. The location is highly desirable, offering convenient walkability to numerous restaurants and retail establishments, as well as the Metro/Amtrak station. A significant advantage is the property's proximity to Dizdar Park, slated for complete renovation by the City of Camarillo beginning in 2023, promising increased community activity and enhanced property value. Furthermore, easy access to the 101 Freeway ensures excellent connectivity. This is a turnkey project with plans ready for submission, presenting a rare chance to capitalize on Camarillo's thriving market and create a valuable multifamily asset. The property's existing infrastructure, including curb cuts, streamlines the development process. This is a truly unique opportunity to develop a high-demand multifamily property in a vibrant and convenient location.

Location Insight

City

Camarillo

County

Ventura

State

California

Latitude

34.2151

Longitude

-119.038

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].