530 Ojai AveOjai, CA 93023

Property Details for 530 Ojai Ave

Year built

1977

Lot size

0.89 AC

Property size (Sq ft)

10,172 SF

Zone code

BP

Property type

Office properties

Property subtype

Office buildings

APN

020-0-181-090

APU

200181090

Description

This exceptional office suite, located at 530 West Ojai Avenue in the heart of historic Ojai, California (zip code 93023), offers 512 square feet of versatile space ideal for medical or creative office uses. The property boasts a convenient multiple tenancy structure, providing a collaborative and dynamic work environment. Situated within easy walking distance of downtown Ojai, the Arcade, a variety of restaurants, and numerous shopping options, this location offers unparalleled accessibility and convenience. The building features well-maintained common area restrooms, ensuring comfort and practicality for tenants and their clients. Ample parking is provided, eliminating the stress of finding parking in a busy downtown area. Enhance your professional image with the property's prominent monument signage, and enjoy the newly landscaped grounds, creating a welcoming and attractive atmosphere. This Ventura County property presents a unique opportunity to establish a thriving business in a highly desirable and vibrant community. The suite is ready for immediate occupancy. The property type is classified as Office, with a subtype of both Medical Office and Creative Office.

• CAP approach

  CAP return

  Valuation

  6%

  $3,041,486

  6.5%

  $2,807,526

  7%

  $2,606,988

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,934,308

  Geo Method

  $1,934,308

• Alternative Use

  Use

  Valuation

  Residential

  $3,481,332

  Hospitality

  $3,188,882

  Educational

  $2,653,112

  Medical

  $2,744,356

  Retail

  $4,127,063

Location Insight

City

Ojai

County

Ventura

State

California

Latitude

34.4459

Longitude

-119.252

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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