
Ojai, California 93023
This Village Mixed Use (VMU) Asset is a High-Potential Investment Opportunity, listed at $950,000—positioned above the $918,629 Fair Market Value. While the property requires modernization, its Condition Rating of 4 is offset by the Versatile VMU Zoning and a Detached ADU providing immediate rental income potential. Located in the heart of Downtown Ojai, this property offers rare walkability to local landmarks. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a live-work lifestyle in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 211 Fox Street Subject | $950,000* List Price | 3 | 2 | 1,232 | $746 | - |
A 201 Drown Avenue Sold | $845,000 | 3 | 1 | 960 | $880 | 0.2 mi |
B 110 Drown Avenue Sold | $998,000 | 3 | 2 | 1,389 | $719 | 0.2 mi |
C 216 N Fulton Street Sold | $980,000 | 3 | 2 | 1,219 | $804 | 0.3 mi |
D 216 E Aliso Street Sold | $996,000 | 2 | 1 | 1,120 | $889 | 0.3 mi |
E 310 N Fulton Street Sold | $1,085,000 | 4 | 2 | 1,500 | $723 | 0.4 mi |
F 1214 Gregory Street Sold | $700,000 | 2 | 1 | 908 | $771 | 0.7 mi |
G 211 Fox Street Active Under Contract | $995,000 List Price | 3 | 2 | 1,232 | $808 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1909, the property shows signs of mid-range renovations likely 15-25 years old. The kitchen features shaker-style cabinets but is paired with dated white appliances and older tile flooring. While the addition of a detached ADU with a modern mini-split HVAC system adds value, the main house's interior finishes, bathroom fixtures, and overall aesthetic are dated and will require modernization and minor repairs.
Situated in the heart of Ojai, this property offers unparalleled walkability to the Arcade shops, fine dining, and cultural landmarks like Libby Bowl.
The Village Mixed Use (VMU) zoning provides exceptional flexibility, allowing the property to serve as a primary residence, a rental investment, or a commercial business space.
The detached studio ADU with a private entrance and patio offers immediate potential for rental income or a secluded professional workspace.
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.
Built in 1909, the home likely requires ongoing maintenance and potential system upgrades common with century-old structures to meet modern standards.
At 1,232 square feet for a three-bedroom configuration, the living spaces may feel restrictive for buyers seeking a more spacious or open-concept floor plan.
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 | 1,772 | 24% |
| Lot Size | 5,575 | 10,454 | 10% |
| Price | $950.0K | $1.29M | 22% |
| Price per sq ft | $771 | $761 | 53% |
| Built year | 1909 | 1961 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 150 | 7% |
May 14, 2026
$950,000
Initial Listing
Aug 9, 2019
$575,000
Public Record