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- LoopNet Team
0 Los Angeles Avenue
Somis, CA 93066
51.4 Acres Avocados & Acreage w/Island Views · Land For Sale · 51.40 AC
Investment Highlights
- Great Avocado and Leased Property Income
- Exceptional Water and Water Rights
- Beautiful Location with Spectacular Views
- Excellent Opportunity to Expand Ag Business and/or Build
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 51.40 AC |
| Property Subtype | Agricultural |
| Property Type | Land |
| Property Subtype | Agricultural |
| Total Lot Size | 51.40 AC |
Description
Located in the heart of historic Rancho Santa Clara del Norte with beautiful ocean and island views, SLB Family Growers Ranch provides a rare opportunity for additional development and incredible potential for its new owner. The private and gated property which skirts the Saticoy Country Club hosts 51.4 acres which include a productive 26-acre avocado orchard. Also included are 18 acres which are currently leased providing great additional income. The tenant is willing to extend the current 2-year lease while the future owner plans for additional crops, orchards, or homes. Multiple water sources include 4 wells, a canal water turnout agreement, and pre-1914 water rights that benefit the property and are included in the sale via transfer of shares in a privately owned Water Company. This is a unique property with historically high avocado income generation. Some equipment will be transferred with sale and onsite management is available if required.
PROPERTY TAXES
| Parcel Number | 109-0-390-050 | Improvements Assessment | $342,921 |
| Land Assessment | $676,428 | Total Assessment | $1,019,349 |
PROPERTY TAXES
zoning
| Zoning Code | AE - 40 acres |
| AE - 40 acres |
