1818 Aliso Canyon Road

New Cuyama, CA 93254

$775,000

List Price

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Property Description

312+ Acre Oil Producing Property with Lease and 50% of mineral rights. Leased and operated by E&B (fully bonded and insured). Paved access, 17+- oil wells producing and paying royalties with oil prices high and rising. Trailing 12mo royalties average 2000/mo... trending higher. *Outside of the Cuyama water basin management area *good water profiles for well (over 200gpm according to geologist) *E&B Resources is the operator of the oil wells, they have bonds and insurance w/county so there are NO liability issues w/any future cleanup. *They are increasing production and more wells may com back online as oil prices/demand is strong. *This property is the key for their oil production. Tank farm and center of the arco field. *Good dove quail and 4wd

Listing Information

List Price $775,000
Status Active
MLS 25477183
HOA $0
Type Commercial
Lot Size 13,621,212
Structure Size N/A
Courtesy Of Berkshire Hathaway HomeServices California Properties
Listing Agent Jody Neal DRE#01995725

Interior Features

Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Jody Neal, Berkshire Hathaway HomeServices California Properties 805-252-9267. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 6th, 2025 at 8:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.