$3,500,000

Major Price Reduction! Get rental income as you develop this desirable property. Don't miss this price change opportunity to own 258 W. Pleasant Valley for a developer, owner-user or investor. **This 38,224 s.f. lot has a two (2) street access and offers many redevelopment possibilities. **Zoned C-2 (General Commercial) with many allowable commercial uses and also related uses possibly for multi-family residential. Buyer to check with applicable governmental authorities to determine if desired use is possible. There are three (3) buildings on the property which includes one (1) commercial restaurant building and two (2) single family homes. And all buildings are currently occupied. The commercial building at 258 W. Pleasant Valley Rd features a 1,300 s.f. restaurant. The two (2) single family homes consist of 241 Canterbury - 1,360 s.f. 3 bedroom + 2 bathrooms; and 243 Canterbury - 1,200 s.f. 4 bedrooms + 2 bathrooms.**Rents for 241 Canterbury is $3,400 a month and 243 Canterbury is $4000 a month. Restaurant is $2,000 a month. Conveniently located near Naval Base, Deepwater Port Hueneme and minutes to Highway 1 and 101 freeway and Coast. This is a great property to own and to redevelop!