484 Los Angeles AveMoorpark, CA 93021

Property Details for 484 Los Angeles Ave

Year built

1989

Lot size

2.13 AC

Property size (Sq ft)

27,771 SF

Zone code

CPD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

506-0-020-650

APU

5060020650

Description

Gateway Plaza, located at 484 E Los Angeles Ave, Moorpark, CA 93021, offers exceptional executive office space in a prime location. This Class A building, constructed in 1995 and extensively renovated in 2021, boasts a total of 40,000 square feet across two stories. The property features one building with elevator access and is situated at a signalized intersection of Los Angeles Avenue and Spring Road, ensuring high visibility and accessibility. Currently, there are 5 total suites, with 5,633 square feet of vacant space available for lease. Individual suites range from a minimum of 764 square feet to a maximum contiguous space of 1,215 square feet, making it ideal for businesses of various sizes. The building is zoned for commercial use and provides multiple tenancy options. This attractive two-story building presents a unique opportunity for businesses seeking a modern, well-maintained office space in the heart of Moorpark. The property's strategic location and recent renovations combine to create an exceptional workspace. Interested parties should inquire about available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $8,408,353

  6.5%

  $7,761,556

  7%

  $7,207,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,280,934

  Geo Method

  $5,280,934

• Alternative Use

  Use

  Valuation

  Residential

  $9,624,330

  Hospitality

  $8,815,834

  Educational

  $7,334,671

  Medical

  $7,586,922

  Retail

  $11,409,488

Location Insight

City

Moorpark

County

Ventura

State

California

Latitude

34.2784

Longitude

-118.875

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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