4,791 Sqft Lot
4,791 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SC24193355
HOA Y/N No
Year Built 1925
Annual Tax Amount $9,717
Tax Year 2023
Lot Size 4,791 Sqft
Property Description
With 100% occupancy, the property has a solid history of tenant retention and lease stability, offering immediate income for potential investors. However, with current rents below market value, there is significant upside potential for investors to capitalize on rent adjustments, aligning the property with current market trends.
This property presents an exciting opportunity for investors seeking long-term value appreciation, steady cash flow, and the potential to enhance returns by optimizing rent structures. The location of this property is key and positioned in a growing market, making it an ideal investment for sustained income and value appreciation.
Location
State CA
County Ventura
Area Vtu - Ventura
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Water Connected
Present Use Investment
Building
Lot Description Corner Lot, Paved, Street Level
Story 1
Water Public
Others
Tax ID 0710071010
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
232 W Olive Ave #20, la Habra, California, 90631, USA