
Ojai, California 93023
This Historic Downtown Ojai Mixed-Use Asset is listed at $1,095,000, positioned above the $960,727 Fair Market Value to reflect its rare Village Mixed Use (VMU) Zoning and prime location. The property holds a Condition Rating of 4, pairing a 1909 main house with a modern, Income-Generating ADU and Mountain Views. Located steps from the Arcade, the site offers significant Value-Add Potential through interior updates to the primary residence. This is a strategic acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 211 Fox Street Subject | $995,000* List Price | 3 | 2 | 1,232 | $788 | - |
A 110 Drown Avenue Sold | $998,000 | 3 | 2 | 1,389 | $719 | 0.2 mi |
B 216 E Aliso Street Sold | $996,000 | 2 | 1 | 1,120 | $889 | 0.3 mi |
C 201 Drown Avenue Pending | $815,000 List Price | 3 | 1 | 960 | $849 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1909, the main house shows its age with dated kitchen appliances (white, older models), greenish-grey ceramic tile flooring, and a basic, functional bathroom. While the ADU features a modern kitchen with stainless steel appliances, granite countertops, and an updated bathroom with a pebble-floor shower, the primary residence requires minor updates to bring its style and features up to current standards. The overall property is maintained but the main house's components show signs of being outdated, aligning with a 'Fair' condition.
Situated in the heart of Downtown Ojai, offering unparalleled walkability to shops, restaurants, wineries, art galleries, and cultural venues like Libby Bowl, enhancing lifestyle and convenience.
Includes a separate, detached ADU studio with its own private entrance and patio, providing excellent potential for rental income or a dedicated art studio/guest space.
Zoned as Village Mixed Use (VMU), offering significant flexibility for residential, commercial, or live/work opportunities, which is a rare and valuable asset in Ojai.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5575, other record lot size in square feet = 5227. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
As a 1909 build, the main house may require significant updates to systems (plumbing, electrical, HVAC) and general maintenance, which could entail additional investment for a buyer.
The property has undergone multiple price reductions from its original list price, which could indicate market resistance or suggest it was initially overpriced.
Live the best life in this charming home in the heart of beautiful Downtown Ojai with endless opportunities. This spacious 3 bedroom, 2 bath offers quiet living and the action of the majestic village at the same time. Bonus, a separate, detached ADU studio with its own private entrance and patio. Opportunity for additional rental income or your very own art studio. This property is zoned as VMU, Village Mixed Use, this amazing location with these opportunities could also make your business dreams come true. Steps from the Arcade shops, restaurants, wineries, Athletic Club, art galleries, Libby Bowl, theater and much, much more. Walk to Ojai's finest restaurants, then stroll through the unique whimsical shops, it is the good life in Ojai.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,232 | 1,711 | 24% |
| Lot Size | 5,575 | 10,018.8 | 7% |
| Price | $995.0K | $1.25M | 30% |
| Price per sq ft | $808 | $719 | 61% |
| Built year | 1909 | 1960 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 154 | 166 | 49% |
Mar 25, 2026
$995,000
$1,095,000
-9% Price Drop
Initial Listing
Feb 3, 2026
$1,095,000
$1,195,000
-8% Price Drop
Initial Listing
Jan 5, 2026
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Nov 19, 2025
$1,295,000
Initial Listing
Aug 9, 2019
$575,000
Public Record