This offering presents an investment opportunity to acquire professional office condominiums located along N Ventura Road in Oxnard, California. The property consists of two fully leased commercial office condos within a single-story medical office building. Positioned on a 0.87-acre parcel, the building spans approximately 7,521 square feet and is zoned for commercial use under COPD zoning.
The asset is currently generating stable income with a reported cap rate of 7.26% and an NOI of $43,577, making it an attractive option for investors seeking consistent returns. The property benefits from its location in a well-established business corridor with convenient access to major thoroughfares, including U.S. Route 101, which connects Oxnard to the greater Ventura County region and Los Angeles markets.
Oxnard is a growing coastal city with a diverse economic base, including healthcare, agriculture, and manufacturing sectors. The property’s proximity to residential neighborhoods, retail centers, and community services enhances its long-term leasing appeal. With its fully leased status and professional tenant mix, this property offers immediate income stability and potential for future appreciation.