11604 N Ventura Avenue, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
11604 N Ventura Avenue
Ojai, California 93023
Property Price
SUMMARY
Analysis of 11604 N Ventura Avenue, Ojai, California 93023 reveals a property with a current list price of $1,500,000, which is 5% above the estimated $1,415,830 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Ojai Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11604 N Ventura Avenue Subject | $1,500,000* List Price | 3 | 2 | 1,694 | $836 | - |
A 705 Alomar Street Sold | $1,350,000 | 3 | 3 | 1,664 | $811 | 0.5 mi |
B 2064 S Rice Road Sold | $1,200,000 | 3 | 2 | 1,398 | $858 | 0.6 mi |
C 1188 Fierro Drive Active | $1,395,000 List Price | 3 | 2 | 1,471 | $948 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2001, this property is 23 years old. The main unit features a recently and extensively renovated kitchen with modern white shaker cabinets, stainless steel appliances, quartz-like countertops, and a stylish backsplash. The main bathroom is also updated with a double vanity, modern fixtures, a glass-enclosed shower, and a classic clawfoot tub. Wood-look laminate flooring is consistent throughout the main living areas, and paint colors are fresh. While the property's age is slightly outside the 10-20 year range for 'Good' based on build year alone, the significant and recent renovations in the primary living space, coupled with the overall well-maintained exterior and grounds, elevate its condition. The second unit's interior condition is less clear from the images, but the property is described as income-producing and move-in ready, indicating functional systems and minimal immediate renovation needs across the board.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1694.
- Dual-Parcel Investment Opportunity
This property features two separate parcels totaling approximately 0.42 acre, presenting a rare and significant investment opportunity in the desirable Ojai Valley.
- Income-Producing Asset
Currently operating as income-producing rental properties, this offering provides immediate cash flow and steady income for investors.
CONSRISKS & DEFICIENCIES
- Significant Price Reductions
The property has undergone multiple price reductions, from an initial list price of $2,000,000 down to $1,500,000, which may suggest initial overpricing or market resistance.
- Ambiguity of Unit Details
While described as 'multiple units' and 'income-producing rental properties,' the provided details (3 beds, 2 baths, 1694 sqft) likely refer to only one structure, leaving the specific configurations, sizes, and condition of the second unit unclear and requiring further investigation.
- Buyer Due Diligence for Development Potential
The mention of 'future development potential (buyer to verify)' indicates that realizing this potential is not guaranteed and would require significant buyer effort, research, and potentially additional costs.
About 11604 N Ventura Avenue
Nestled in Ventura County's scenic Ojai Valley, this property offers the perfect blend of rustic elegance and accessibility. Whether your interest is in a tranquil primary residence, a vacation retreat, or a strategic investment, the site at 11604-11606 N Ventura Ave delivers both setting and substance. The valley's renowned natural beauty, mild climate and vibrant local culture all add to the value proposition.Fantastic dual-parcel investment opportunity in Ojai! 11604-11606 N Ventura Avenue features two separate parcels totaling approximately 0.42 acre, currently operating as income-producing rental properties. The property offers flexibility for investors or owner-occupantslive in one and rent the other, continue as rentals, or explore future development potential (buyer to verify). Conveniently located along North Ventura Avenue with easy access to downtown Ojai, local shops, and hiking trails, this is a rare chance to own multiple units in a desirable location that combines steady income with classic Ojai charm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,694 | 1,660 | 52% |
| Lot Size | 11,761 | 11,543 | 50% |
| Price | $1.50M | $1.23M | 70% |
| Price per sq ft | $885 | $706 | 73% |
| Built year | 2001 | 1961 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 113 | 192 | 22% |
Pricing History
Listed for Sale
Jan 31, 2026
$1,500,000
$1,750,000
-14% Price Drop
Initial Listing
Price Change
Dec 3, 2025
$1,750,000
$2,000,000
-12% Price Drop
Initial Listing
Price Change
Nov 14, 2025
$2,000,000
Initial Listing