R3/16k Sf Lot/Next to College/Seller Carry 4797 Loma Vista Rd

3,230 SF Office Building Ventura, CA 93003 $1,500,000 ($464.40/SF)

INVESTMENT HIGHLIGHTS

  • Seller Carry with 50%+ down,5 yr Balloon,APY 6.87%

EXECUTIVE SUMMARY

Vacant R-s, Multi-Family Zoned for 16-20 units per acre, residential , Mixed use, 3,230 sq foot on 16k lot.Across from Ventura City College, approx 3 miles from the ocean/beach.
Has a large 1700 main room and two offices and two bathrooms with stalls, Kitchen. Corner lot with 2 central air units.
Allowed Uses : Residential group assisted living, child care, Education,Telecom, Townhomes, Apartment units, Nursury, Auto Parking and more. Consult city, Some businesses require Conditional use permits. Since it was a religious institute , Senate Bill 4 may apply for stream lining building multi units, over riding local zoning restrictions pertaining to multi family.
VISIT : 4797LomaVista.com

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,230 SF
Building Class
B
Year Built
1970
Price
$1,500,000
Price Per SF
$464.40
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,230 SF
Building FAR
0.20
Lot Size
0.37 AC
Zoning
R-3,Multiple Family, Res - Can be used as Single family home...Allows 9-20 dwelling units per acre. General Plan Land Use Designation is “Neighborhood Medium”. Multi family.
Parking
17 Spaces (5.26 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning

PROPERTY TAXES

  • Listing ID: 32613021

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: 4797 Loma Vista Rd, Ventura, CA 93003