314 Descanso Avenue, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
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314 Descanso Avenue
Ojai, California 93023
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,353Sq Ft
7,405.2Lot Size
Property Price
LIST PRICE$829,000
EST. MARKET VALUE
$838,774
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $829,000—positioned well below the $838,774 Fair Market Value by 1%. This valuation gap offers $9,774 in Instant Equity. With a Condition Rating of 4, the home features updated HVAC and refinished hardwood floors, though it offers significant potential for modernization. Its direct access to the Ojai Bike Trail and proximity to local amenities provide a unique lifestyle. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$838,774
Based on Realkey algorithm analyzing recent comparable sales in Ojai.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 314 Descanso Avenue Subject | $829,000* List Price | 3 | 2 | 1,353 | $620 | - |
A 314 Vallerio Avenue Sold | $870,000 | 3 | 2 | 1,353 | $643 | 0.1 mi |
B 402 Descanso Avenue Sold | $637,500 | 3 | 2 | 1,193 | $534 | 0.1 mi |
C 206 S Carrillo Road Sold | $993,685 | 3 | 2 | 1,794 | $554 | 0.1 mi |
D 329 S Carrillo Road Sold | $825,000 | 3 | 2 | 1,792 | $460 | 0.1 mi |
E 106 Taormina Lane Sold | $825,000 | 2 | 2 | 1,082 | $762 | 0.4 mi |
F 413 Descanso Avenue Active | $879,000 List Price | 3 | 2 | 1,385 | $635 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1959, the home is well-maintained but significantly dated, featuring original wood paneling, popcorn ceilings, and older bathroom finishes. While the HVAC system has been updated and hardwood floors refinished, the kitchen and bathrooms appear to be over 30 years old and require modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Direct Trail Access
The property backs directly onto the Ojai Bike Trail, offering unparalleled convenience for cycling or walking to downtown shops and restaurants.
- Modernized Climate Control
Despite its vintage charm, the home features updated central heating and air conditioning, providing essential comfort for the Ojai climate.
- Authentic Interior Character
Refinished original hardwood floors and a large den with a brick fireplace preserve the home's 1959 charm while offering flexible living space.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer the mountain or valley views that are highly coveted in the Ojai market, potentially limiting its premium appeal.
- Modest Square Footage
At 1,353 square feet, the home's mid-century footprint may feel compact for buyers looking for larger, modern open-concept living areas.
About 314 Descanso Avenue
Original Ojai charm and a convenient location come together in this inviting home. The front of the property retains its original character, with scalloped planter boxes and mature trees that reflect the relaxed feel of Ojai. Inside, refinished original hardwood floors add warmth and character, while the large den just off the kitchen features a brick fireplace and provides additional flexible space. Improvements over the years include updated central heating and air conditioning.The home backs directly to the Ojai Bike Trail, perfect for cruising downtown for dinner or a morning ride. Its location also offers convenient access to Vons shopping center and other everyday amenities. Enjoy the slower pace of Ojai living while still being close to everything you need.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 7,405.2 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Ojai Unified Schools
Meiners Oaks Elementary School
Grades K-6 • 0.9 mi
3/10
Mira Monte Elementary School
Grades K-6 • 1.0 mi
4/10
Matilija Junior High School
Grades 7-8 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,353 | 1,691.422 |
| Lot Size | 7,405.2 | 10,676.711 |
| Price | $829.0K | $1.38M |
| Price per sq ft | $613 | $840 |
| Built year | 1959 | 1968 |
| HOA | $0 | $81 |
| Days on market | 14 | 55 |
Pricing History
Listed for Sale
Aug 26, 2026
$829,000
Initial Listing