
Ojai, California 93023
This Value-Add Ojai Residence is a High-Potential Investment Opportunity, listed at $850,000—positioned well below the $952,665 Fair Market Value by 10%. This valuation gap offers $102,665 in Instant Equity for buyers. While maintaining a Dated Condition Rating, the home features a functional 4-bedroom layout and a deck overlooking a wooded view. The expansive 22,215 SqFt Lot provides significant privacy and ADU potential near downtown. This is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build wealth through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 155 W Villanova Road Subject | $850,000* List Price | 4 | 2 | 1,440 | $662 | - |
A 561 Tico Road Sold | $925,000 | 5 | 4 | 1,523 | $607 | 1.0 mi |
B 1918 Country Place Active Under Contract | $898,000 List Price | 3 | 2 | 1,578 | $569 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the home is well-maintained but significantly dated. The kitchen features original or older wood cabinetry with visible finish wear, and the bathrooms utilize dated tile-work and fixtures. While the Saltillo tile flooring is a durable feature, the property is over 45 years old with no evidence of recent major renovations to systems or core aesthetic areas, placing it firmly in the category of needing cosmetic and likely mechanical updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22215, living area = 1440.
The property features a generous 22,215 square foot lot, offering significant privacy and ample space for gardening, outdoor recreation, or potential ADU expansion.
Ideally situated just minutes from downtown Ojai, this home provides a peaceful retreat while maintaining convenient access to local shops, dining, and renowned hiking trails.
With only 1.5 bathrooms serving four bedrooms, the current configuration may be insufficient for modern family needs and could impact the home's functional flow.
Built in 1975 and described as needing a 'personal touch,' the property likely requires cosmetic and functional updates to meet contemporary standards and maximize its market value.
Tucked into a peaceful Ojai setting, this charming single-story home at 155 W Villanova Road offers comfort, character, and everyday convenience. Featuring 4 bedrooms and 1.5 bathrooms across approximately 1,440 square feet, the layout is both functional and inviting, ideal for a variety of living needs.Step inside to find a light filled interior with a welcoming living area that flows easily into the dining space and kitchen, creating a practical setup for both daily living and entertaining. The kitchen offers ample cabinetry and workspace, ready for your personal touch. All four bedrooms provide flexibility for family, guests, or a home office.Outside, the property presents a spacious yard with room to relax, garden, or design your own outdoor retreat, perfect for enjoying Ojai's renowned climate and natural beauty. Located just minutes from downtown Ojai's shops, dining, and trails, this home combines small-town charm with accessibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,440 | 1,751.5 | 32% |
| Lot Size | 22,215 | 10,889.5 | 74% |
| Price | $850.0K | $1.25M | 13% |
| Price per sq ft | $590 | $716 | 24% |
| Built year | 1975 | 1961 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 166 | 3% |
Apr 20, 2026
$850,000
Initial Listing
Feb 22, 1996
$252,500
Public Record