370 N Ventura Ave, OAK VIEW

OAK VIEW Home For Sale

Rare opportunity to purchase investment property that is well established. Great for a 1031 exchange.The Gross income is approx. $116,880.00 with built-in annual increase per leases. With an approx. 5.94% 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. As you enter to this Plaza youRare opportunity to purchase investment property that is well established. Great for a 1031 exchange.The Gross income is approx. $116,880.00 with built-in annual increase per leases. With an approx. 5.94% 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. As you enter to this Plaza you pass the near by Post office and Bank. Go to the Large parking lot, 100% occupied per seller. Current owner is retiring.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Additional Information

  • City:
    OAK VIEW
  • County:
    Ventura
  • Zip:
    93022
  • MLS® #:
    19-3477
  • Bathrooms:
    2
  • Square Ft:
    7,363
  • Lot Size:
    0.78
  • Neighborhood:
    02 - OJAI
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The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than Beach Cities Real Estate are marked with the "MLS" logo and detailed information about them includes the name of the listing brokers.

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Listing information last updated on November 19th, 2019 at 12:00pm PST.