Real Investments is proud to announce their involvement in the purchase of an iconic Ventura, California property, formerly known as the Spaghetti Factory. Real Investments represented the Buyer of this property, 2686 Loma Vista Rd, Ventura, CA 93003. It’s in the heart of the medical district in Ventura and is the home of Beso Cafe, opening soon by a successful Restaurant Operator Jojo Ramirez.
The parcel is approximately 4,750 sf and the building is approximately 3,750 sf. Escrow on 2686 Loma Vista Rd. closed in September of 2022 and the Investor has an existing Downtown Mainstreet presence with other commercial real estate investments.
“There is nothing more rewarding than facilitating the sale of iconic Ventura properties to other local property owners in the area. The mutual benefit and exchange of assets in the County allows for local prosperity and small business ownership. I’m proud of our team as we navigated yet another 1034 Tax Deferred Exchange to help our client maximize the use of their capital while engaging in new projects without unnecessary tax burden.” – Michael H. Hernandez, Principal & Broker, Real Investments.