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4075 Telegraph Road - Telegraph Rd Development Site

0.97 Acres of Commercial Land Offered at $2,495,000 in Ventura, CA 93003

Commercial Land California Ventura 4075 Telegraph Road, Ventura, CA 93003

Investment Highlights

  • Solid In-Fill Location
  • High Barrier to Homeownership
  • New City Zoning &General Plan
  • Close Proximity to Major Employment Hubs

Executive Summary

The parcel is located along Telegraph Road in Ventura and can allow for 46 multifamily units. The city has identified the Telegraph Road/Ventura College corridor as an area for multifamily, student-housing, and mixed-use development. As such, the land use alternative plan suggests shifting the land use designation in order to promote greater development and continue the implementation of the General Plan Vision. Further, the site sits within a designated “Highest Resource” zone and the city is pushing for a major increase of multifamily housing development in these high/highest resource areas.

Data Room Click Here to Access

Property Facts

Price $2,495,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
No. Lots 1 Total Lot Size 0.97 AC
Property Type Land
Price $2,495,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 0.97 AC

1 Lot Available

Lot

Price $2,495,000 Lot Size 0.97 AC
Price Per AC $2,572,165
Price $2,495,000
Price Per AC $2,572,165
Lot Size 0.97 AC

Description

Solid In-Fill Location New City Zoning & General Plan High Barrier to Homeownership Close Proximity to Major Employment Hubs

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Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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measures access to public transit. Bike Score®
measures bikeability of a location.®
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 078-0-050-380
  • 078-0-050-390
 Improvements Assessment $905,860
Land Assessment $1,473,405 Total Assessment $2,379,265

PROPERTY TAXES

Parcel Numbers
Multiple
  • 078-0-050-380
  • 078-0-050-390
Land Assessment
$1,473,405
Improvements Assessment
$905,860
Total Assessment
$2,379,265
(415) 408-1019

  • Listing ID: 32175401

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 4075 Telegraph Road, Ventura, CA 93003

More public record information on 4075 Telegraph Road, Ventura, CA 93003

The Land Property at 4075 Telegraph Road, Ventura, CA 93003 is currently available For Sale. Contact Northmarq for more information.

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4075 Telegraph Road - Telegraph Rd Development Site
(415) 408-1019 x

4075 Telegraph Road - Telegraph Rd Development Site

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Tommy Yates

(415) 408-1019

(415) 408-1019

Mike Smith

(818) 903-4676

(818) 903-4676

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