162 S La Luna Avenue, Ojai, California 93023, Ojai, 93023 - 4 bed, 3 bath
ACTIVE$998,000
162 S La Luna Avenue, Ojai, California 93023
4Beds
3Baths
2,075Sqft
1,296Lot
Year Built
1949
Close
-
List price
$998K
Original List price
$1.09M
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
V1-33069
Home ConditionPoor
Features
Good View: Peek-A-Boo
Deck
Patio
ViewPeek-A-Boo
About this home
We found 3 Cons,5 Pros. Rank: price - $998.0K(39th), sqft - 2075(70th), beds - 4(76th), baths - 3(65th).
Single family home with a studio ADU. Four bedrooms and three baths. The property has served the current owners well as a multi family home. In-Laws quarters with separate entrance; an upstairs studio apartment also with a separate entrance and a private above garage deck, RV parking, close to the Ojai Valley Conservation trail head, easy commute to Santa Barbara or Ventura.
Nearby schools
3/10
Meiners Oaks Elementary School
Public,•K-6•0.5mi
4/10
Matilija Junior High School
Public,•7-8•1.6mi
2/10
Chaparral High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
10/31/25
Listing
$1,095,000
10/31/25
Price Change
$998,000
Condition Rating
Poor
Built in 1949, this property shows significant age and requires substantial renovation, particularly in the main kitchen and bathrooms. The main kitchen features very dated light wood cabinets, laminate countertops, older white appliances, and worn green linoleum flooring. The main bathroom is extremely outdated with patterned wallpaper, a tiled vanity, and old fixtures. While functional, these critical areas are aesthetically and functionally obsolete, necessitating major overhauls to meet modern standards. The ADU kitchen is slightly less dated but still basic. The overall condition suggests renovations were done 30-50+ years ago, aligning with the 'Poor' criteria for requiring substantial rehabilitation.
Pros & Cons
Pros
Income/Multi-Generational Potential: The property features a studio ADU and separate in-laws quarters with individual entrances, offering significant rental income potential or flexible multi-generational living arrangements.
RV Parking: Dedicated RV parking is a valuable and sought-after amenity, appealing to a specific segment of buyers.
Outdoor Lifestyle Access: Its proximity to the Ojai Valley Conservation trail head provides direct access to outdoor activities and natural beauty.
Commuter Accessibility: The location offers an easy commute to major employment centers like Santa Barbara and Ventura, broadening its appeal to a wider buyer pool.
Private Outdoor Space: The upstairs studio apartment benefits from a private above-garage deck, adding desirable outdoor living space.
Cons
Age of Construction: Built in 1949, the property may require significant updates, maintenance, or renovation to meet modern standards and preferences.
Substantial Price Reduction: A notable price drop from the original listing suggests potential overpricing or challenges in the market, which could raise buyer concerns.
Limited Lot Size: The listed lot size of 1296 sqft is exceptionally small for a property with a main house, ADU, and RV parking, potentially limiting outdoor space and privacy.