$13,500,000
For Sale

9011 Los Angeles Avenue

Moorpark, CA 93021
134.64 acres | #V1-22473
Listing OfficeGwyn A. Goodman
Browse 32 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Location and Access:This property has an exceptionally strategic location with frontage along both Highway 118 (L.A. Avenue) and Balcom Canyon Road, positioned just outside Moorpark. The dual road frontage provides excellent access and visibility, which is particularly valuable for agricultural operations requiring transportation of goods and equipment.Climate and Growing Conditions:The property benefits from Ventura County's Mediterranean climate, which is characterized by mild winters, warm summers, and limited rainfall. This climate is ideal for diverse agricultural pursuits, particularly for high-value crops like avocados, which are being grown on the property. Mediterranean climates typically feature:Warm, dry summers with temperatures rarely exceeding 95F.Mild winters with minimal frost riskAnnual rainfall typically between 15-25 inchesMorning coastal fog that can provide natural irrigationWater Resources:The property has robust water security through two sources:A private well producing approximately 900 gallons per minute (GPM), which is a substantial water source for agricultural operations2,025 shares in the Berylwood Heights Mutual Water Company as a backup water sourceThe existing drip irrigation system suggests modern, efficient water management practices are already in place. This dual water source arrangement provides crucial redundancy for agricultural operations.Land Characteristics:The property's 134.64 acres are divided into:The remaining acreage contains access roads and utility areasInfrastructure:The property features 14 propane-powered wind machines, which are crucial frost protection devices. These machines can protect crops during cold nights by mixing warmer upper air with colder ground-level air, effectively raising the temperature around sensitive crops.Zoning:The AE-40 zoning (Agricultural Exclusive, 40-acre minimum lot size) applies to all three parcels. This zoning typically:Preserves agricultural land usePrevents subdivision below 40 acresLimits non-agricultural developmentMaintains the rural character of the areaDevelopment Potential:The property's location 'just outside' Moorpark suggests potential long-term development value, though the current AE-40 zoning would require changes for any significant alerations in the land use.

  • Property Details
      • Utility FeaturesElectricityAvailable, NaturalGasNotAvailable, Propane, PhoneAvailable, WaterAvailable, WaterConnected, SewerNotAvailable
      • Lot DescriptionAgricultural, CornerLot, HorseProperty, Level, Orchards, SprinklersNone, Trees
      • Utility SourceAgriculturalWell, Other, Private, SeeRemarks
      • ViewCanyon, Hills, Orchard, Valley
      • SubdivisionNot Applicable
      • Original List Price$13,500,000
      • Property TypePurchase
      • MLS #V1-22473
      • Cost13500000
      • MLS #V1-22473
      • CountyVentura
      • Acres134.64
      • Property SubtypeLand

Location

Pete & Mona Sayegh | American Classic Real Estate ServicesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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