243 10Th StSanta Paula, CA 93060

Property Details for 243 10Th St

Year built

1963

Lot size

0.20 AC

Property size (Sq ft)

2,486 SF

Zone code

CO

Property type

Medical offices

Property subtype

Medical centers

APN

101-0-164-215

APU

1010164215

Description

This exceptional 2,400 square foot Class B medical office building, located at 243 N. 10th Street, Santa Paula, CA 93060 (cross streets: Santa Paula St.), presents a unique investment opportunity. The property consists of a single-story building with two suites, offering a flexible layout. Currently, 1,200 square feet of fully furnished space is immediately available for lease. The minimum divisible space is 1,000 square feet, making it suitable for a variety of medical practices. The building's single-tenant occupancy provides a stable and predictable income stream. The property is situated in Santa Paula, California, offering convenient access to local amenities and a strong patient base. This is an ideal opportunity for medical professionals seeking a well-maintained, ready-to-occupy space in a desirable location. The building's single-story design ensures easy accessibility for patients and staff. The available space is fully furnished, minimizing the initial investment required to establish a practice. Don't miss this chance to secure a prime medical office space in a thriving community. The property is conveniently located near the intersection of N. 10th Street and Santa Paula Street.

• CAP approach

  CAP return

  Valuation

  6%

  $746,011

  6.5%

  $688,626

  7%

  $639,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $472,738

  Geo Method

  $472,738

• Alternative Use

  Use

  Valuation

  Residential

  $853,896

  Hospitality

  $782,164

  Educational

  $650,751

  Medical

  $673,132

  Retail

  $1,012,280

Location Insight

City

Santa Paula

County

Ventura

State

California

Latitude

34.3573

Longitude

-119.061

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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