
Ojai, California 93023
This fully renovated 1925 bungalow is a Strong Value Opportunity, listed at $875,000—positioned well below the $884,704 Fair Market Value by 1%. Featuring a modern kitchen, solar panels with battery, and an oversized garage with workshop space, the property offers significant ADU conversion potential on its 7,501 sqft lot. With a Mint Condition Rating, this home provides immediate comfort and long-term efficiency. It is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or investors targeting high-demand Ojai real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 S Padre Juan Avenue Subject 2 bd · 2 ba · 1,175 sqft · $745 | $849,000* List Price | 2 | 2 | 1,175 | $745 | - |
A 336 El Conejo Sold 3 bd · 2 ba · 1,162 sqft · $861 · 0.4 mi | $999,999 | 3 | 2 | 1,162 | $861 | 0.4 mi |
B 171 S Pueblo Avenue Sold 3 bd · 2 ba · 1,089 sqft · $753 · 0.1 mi | $820,000 | 3 | 2 | 1,089 | $753 | 0.1 mi |
C 326 Vallerio Avenue Sold 3 bd · 2 ba · 1,201 sqft · $799 · 1.0 mi | $959,000 | 3 | 2 | 1,201 | $799 | 1.0 mi |
D 701 W Lomita Avenue Sold 3 bd · 2 ba · 1,480 sqft · $709 · 0.5 mi | $1,050,000 | 3 | 2 | 1,480 | $709 | 0.5 mi |
E 2225 Maricopa Highway Sold 3 bd · 2 ba · 1,586 sqft · $615 · 0.4 mi | $975,000 | 3 | 2 | 1,586 | $615 | 0.4 mi |
F 940 Devereux Drive Active 3 bd · 2 ba · 1,196 sqft · $794 · 0.5 mi | $949,500 List Price | 3 | 2 | 1,196 | $794 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1925, the property has undergone a comprehensive recent renovation within the last 5 years. Key updates include a new roof, updated electrical systems, solar panels with battery storage, a modern kitchen with stainless steel appliances, and fully renovated bathrooms. The interior features new flooring and recessed lighting, presenting the home in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7501, living area = 1175.
Situated less than 500 feet from the popular shops and restaurants of Meiners Oaks, this property offers exceptional walkability and lifestyle convenience in the heart of Ojai.
The home features significant high-value upgrades including solar panels with battery storage, a new roof, and updated electrical, ensuring energy efficiency and reduced long-term maintenance costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7501, other record lot size in square feet = 7405.
The assigned public schools carry relatively low ratings, particularly the high school at a 2/10, which may impact the property's appeal to families prioritizing educational rankings.
With only two bedrooms and 1,175 square feet of living space, the home's compact footprint may be restrictive for growing families or buyers requiring a dedicated home office.
Discover the charm of this beautifully updated 1925 bungalow, ideally located less than 500 feet from the shops and restaurants of Meiners Oaks! Inside is a bright atmosphere, complemented by recessed lighting, new flooring, a cozy fireplace and French doors. The renovated kitchen features stainless-steel appliances, generous storage and stylish finishes. The spacious primary suite offers an en-suite bathroom with an oversized shower, walk-in closet and conveniently located washer and dryer. Additional improvements include solar panels with battery, a new roof and updated electrical. Outside, enjoy a large fenced backyard, two driveways and an oversized garage with workshop space--offering exciting potential for a second-unit conversion, subject to permits and local approval. Lastly several options to park a recreational vehicle such as a boat or RV. A unique property with flexibility, character and an unbeatable location--this is a must-see! Fully Renovated Vintage 1972 Terry Travel Pack Trailer is negotiable.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,175 | 1,795.352 |
| Lot Size | 7,501 | 11,438.426 |
| Price | $849.0K | $1.44M |
| Price per sq ft | $723 | $823 |
| Built year | 1925 | 1970 |
| HOA | $0 | $134 |
| Days on market | 46 | 64 |
Oct 22, 2026
$849,000
$865,000
-2% Price Drop
Initial Listing
Sep 26, 2026
$865,000
$875,000
-1% Price Drop
Initial Listing
Sep 8, 2026
$875,000
Initial Listing
Nov 8, 2024
$855,000
Public Record
Aug 30, 1996
$127,500
Public Record