684 Ventura 684 AveVentura, CA 93001

Property Details for 684 Ventura 684 Ave

Year built

1925

Lot size

0.12 AC

Property size (Sq ft)

3,780 SF

Property type

Other commercial real estate

Description

This exceptional 4-unit retail building, located at 684 N Ventura Avenue in Ventura, California, presents a compelling investment opportunity. The 3,780 square foot free-standing structure sits on a 0.12-acre lot and was originally built in 1925. Currently boasting 100% occupancy with long-term tenants, this property offers immediate and consistent cash flow. The C2 zoning allows for a variety of commercial uses, enhancing its versatility and potential for future growth. The building's prime location in the heart of Ventura ensures high visibility and accessibility. While the property enjoys a strong history of tenant retention and lease stability, current rents are below market value, presenting a significant opportunity for increased profitability through strategic rent adjustments. This translates to substantial upside potential for investors seeking to maximize their return on investment. The combination of consistent income, a desirable location, and the potential for rent increases makes this a rare find in the Ventura commercial real estate market, offering both immediate returns and long-term value appreciation. This is an ideal investment for those seeking a stable, cash-flowing asset with significant growth potential.

Location Insight

City

Ventura

County

Ventura

State

California

Latitude

34.2893

Longitude

-119.298

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