Price Reduced — Infill Redevelopment with Income. 258 W. Pleasant Valley Rd is a ±0.87-acre (±38,224 SF) C-2–zoned site with two-street access (W. Pleasant Valley Rd & Canterbury St) offering flexible General Commercial uses and potential multifamily or mixed-use redevelopment (subject to City approvals—Buyer to verify). The property is fully occupied with three existing buildings providing covered-land cash flow while you pursue entitlements: a ±1,300 SF restaurant at 258 W. Pleasant Valley Rd (currently $2,000/mo), and two single-family homes—241 Canterbury (±1,360 SF, 3BD/2BA, $3,400/mo) and 243 Canterbury (±1,200 SF, 4BD/2BA, $3,800/mo). Combined GSI ˜ $9,200/mo ($110,400/yr). Strategically located near Naval Base Ventura County and the deep-water Port of Hueneme, with quick access to Hwy 1 and US-101, this site is a compelling opportunity for a developer, owner-user, or investor to hold for income today and unlock higher and better use tomorrow.