11966 N Ventura Avenue, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
11966 N Ventura Avenue
Ojai, California 93023
Property Price
SUMMARY
Analysis of 11966 N Ventura Avenue, Ojai, California 93023 reveals a Prime Investment Opportunity with a current list price of $945,000—significantly undercutting the $1,112,376 Fair Market Value by 15%. This valuation gap indicates a +$167,376 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 11966 N Ventura Avenue Subject | $945,000* List Price | 3 | 2 | 1,908 | $583 | - |
A 1918 Country Place Active | $935,000 List Price | 3 | 2 | 1,578 | $593 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2004, this home is move-in ready and well-maintained. The kitchen features stainless steel appliances, wood cabinetry, and granite countertops, which are functional and in good condition, though the style reflects its age rather than a recent modern renovation. Bathrooms similarly feature wood vanities and granite. While clean and functional, the overall aesthetic of these key areas, along with the carpeting, suggests they are original or updated 10-15 years ago, fitting the 'good' category for a property of this age. The absence of a mentioned cooling system is a minor drawback.
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 = 20908, living area = 1908.
- Sweeping Mountain Views
The property offers expansive and captivating mountain views, explicitly mentioned as 'sweeping mountain views' and confirmed by the 'has_view: true' attribute, enhancing its aesthetic appeal and value.
- Versatile Bonus Space
A sizable 1,100 square foot basement/bonus space provides significant flexibility for various uses such as a recreation area, home office, gym, or media room, adding substantial utility and potential.
CONSRISKS & DEFICIENCIES
- Potential for Unfinished Basement/Bonus Space
While a significant asset, the description of the 1,100 sqft basement as 'bonus space' rather than fully finished living area suggests it may require additional investment to be fully utilized to its potential.
- Absence of Mentioned Cooling System
The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a significant drawback for buyers given Ojai's warm climate.
- Limited Detail on Outdoor Living Areas
Despite highlighting views and an indoor-outdoor connection, the description lacks specific details about developed outdoor living spaces such as patios, decks, or landscaped yards that would complement the property's natural setting.
About 11966 N Ventura Avenue
Enjoy sweeping mountain views from this thoughtfully designed home that blends updated living with everyday functionality. Large windows frame the scenery throughout, filling the interior with natural light and creating a strong connection to the outdoors. The main living space features an easy, open flow between the living room, dining area, and kitchen--well suited for both daily living and entertaining.Downstairs, a sizable basement/bonus space of approximately 1,100 square feet provides valuable flexibility, ideal for a recreation area, home office, gym, or media room. Located just minutes from downtown Ojai and the bike trail, the property offers convenience without sacrificing privacy or views. With a motivated seller, this is a compelling opportunity in one of Ojai's most desirable settings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 20,908.801 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 | 1,908 | 1,660 | 56% |
| Lot Size | 20,908.801 | 11,543 | 73% |
| Price | $945.0K | $1.21M | 38% |
| Price per sq ft | $495 | $701 | 13% |
| Built year | 2004 | 1961 | 95% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 192 | 3% |
Pricing History
Listed for Sale
Jan 28, 2026
$945,000
Initial Listing
Sold
Jul 18, 2014
$624,500
Public Record
Sold
Jun 6, 2003
$120,000
Public Record
Sold
Jul 2, 2002
$61,000
Public Record