760 Las Posas RdCamarillo, CA 93010

Property Details for 760 Las Posas Rd

Year built

1980

Lot size

0.17 AC

Property size (Sq ft)

2,187 SF

Zone code

PO

Property type

Office properties

APN

164-0-230-065

APU

1640230065

Description

This exceptional investment opportunity presents two office suites, each with its own private entrance, located at 760 Las Posas Road, Unit C3/C4 in Camarillo, California. The combined space totals 2,187 square feet, offering significant potential for business owners or investors seeking to expand their rental portfolio. The property is situated on a lot with no acreage specified, making it ideal for a variety of uses. The individual suite design allows for flexibility and privacy for multiple tenants or a single owner occupying both units. This is a turnkey opportunity to acquire a well-positioned commercial property in a desirable Camarillo location. The asking price for this dual-suite office building is $535,000. This represents a strong value proposition for investors looking for a stable and potentially high-yield investment in the thriving Camarillo commercial real estate market. The property's convenient location and individual suite entrances are key features that enhance its appeal to a wide range of potential tenants. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy and offers a chance to generate immediate rental income.

• CAP approach

  CAP return

  Valuation

  6%

  $746,393

  6.5%

  $688,978

  7%

  $639,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $415,880

  Geo Method

  $415,880

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,347,770

  Retail / Commercial

  $692,828

  Mixed-Use / Specialty

  $691,695

  Hospitality / Lodging

  $509,215

  Institutional / Educational

  $719,562

  Residential Income

  $841,887

  Multifamily

  $1,002,300

  Automotive / Energy

  $616,767

  Parking / Income-Based Land

  $211,518

  Restaurant / Food Service

  $362,609

  Healthcare / Senior Housing

  $707,949

Location Insight

City

Camarillo

County

Ventura

State

California

Latitude

34.2309

Longitude

-119.06

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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