740 Mountain View AveOxnard, CA 93030

  • Other commercial real estate
  • 3,111 SF
For Sale
$1,400,000 View listing

Property Details for 740 Mountain View Ave

Year built
1966
Lot size
0.55 AC
Property size (Sq ft)
3,111 SF
Zone code
M2
Property type
Other commercial real estate
APN
201-0-191-165
APU
2010191165

Description

This exceptional investment opportunity presents a thriving multi-tenant retail property located at 740 Mountain View Avenue in Oxnard, California. The property encompasses a substantial 3,111 square feet of building space situated on a large 24,350 square foot lot. Currently, the property boasts a fully occupied tenant roster including a successful restaurant and two flourishing automotive businesses, ensuring a stable and immediate income stream. The property's strategic location offers unparalleled accessibility, being within a ten-minute radius of major highways including Highway 1, Highway 34, and the 101 freeway. This high-traffic corner location guarantees exceptional visibility and significant foot traffic, maximizing exposure for any business. The property features ample parking with 22 spaces available, conveniently situated on a recently asphalted lot. The commercial zoning allows for a wide range of potential uses, making it an attractive prospect for both investors seeking a strong return and owner-operators looking to establish or expand their business. This is a rare opportunity, with no comparable properties having been available for sale in the last twenty years, presenting a unique chance to capitalize on a prime location and a thriving business environment in the heart of Oxnard.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,069,295
    Hospitality
    $979,469
    Educational
    $814,906
    Medical
    $842,932
    Retail
    $1,267,632
740 Mountain View Ave, Oxnard, California

Location Insight

City
Oxnard
County
Ventura
State
California
Latitude
34.1939
Longitude
-119.17
CBSA code
37100
CBSA name
OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,270
$164,658
$263,469
$428,127
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