MLS® ID: 18-3946

370 N Ventura Ave

OAK VIEW, California, 93023

$1,679,000 Active
  • 4.5 Baths
  • 7363 SQFT
Rare opportunity to purchase investment property that is well established. Great for a 1031 exchange.The Gross income is approx. $114,120.00 with built-in annual increase per leases. With an approx. 5.67% return on your investment. Gateway Shopping Plaza is located at the main entrance to the Ojai Valley, with direct access off the main road. Gateway Plaza is so fitting since it is central located for locals and new comers to enjoy. With the 5 rentals 4 have been long term residents. . Previously know as the Purple Wagon Square. Which as history has it Sheb Wooley, Johnny Cash and an acquaintance who was a real estate developer. Together they built the Purple Wagon Mail in Oak View, named for Sheb's runaway bestselling purple song Flying, Purple People-Eater. Sellers retiring
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Listing courtesy of Coldwell Banker Property Shop

Amenities

  • Full baths
    4
  • Half baths
    1
  • Full Baths Range
    4+ Baths
  • Total Baths
    4.5
  • Zip
    93023
  • Office name
    Coldwell Banker Property Shop
  • SQFT
    7363
  • Property type
    Commercial
  • Year built
    1962
  • Lot size
    34351.00
  • Agent name
    Nora Davis
  • Purchase Type
    Active
  • Price Range
    $1.5m-$1.75m
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    184010005
  • Agent ID
    0

Location

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