
Ojai, California 93023
This Single-Family Residence represents a Strong Value Opportunity, listed at $899,000—positioned slightly above the $890,529 Fair Market Value. While requiring cosmetic modernization, the property features a Condition Rating of 4, offering a functional canvas for value-add renovations. The expansive 7,405 sqft lot provides significant utility, while the Ojai Terrace location ensures long-term desirability. With a spacious driveway and private patio, this home is an ideal project for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic updates in a premier Ojai neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 413 Descanso Avenue Subject | $879,000* List Price | 3 | 2 | 1,385 | $629 | - |
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 | 0.0 mi |
C 329 S Carrillo Road Sold | $825,000 | 3 | 2 | 1,792 | $460 | 0.1 mi |
D 106 Taormina Lane Sold | $825,000 | 2 | 2 | 1,082 | $762 | 0.4 mi |
E 206 S Carrillo Road Active Under Contract | $979,000 List Price | 3 | 2 | 1,794 | $546 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained but significantly dated. While the kitchen has seen mid-life updates like granite countertops and painted cabinetry, the interior features popcorn ceilings, older wallpaper borders, louvered closet doors, and worn carpeting. It is functional and move-in ready but requires cosmetic modernization and likely system updates consistent with a 20+ year old renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1385.
Situated in the highly sought-after Ojai Terrace neighborhood, the property offers a strong sense of community and convenient access to downtown Ojai, hiking trails, and local amenities.
This single-story three-bedroom, two-bathroom home provides a practical and comfortable floor plan that serves as an ideal canvas for modern customization.
While well-maintained, the home is described as a 'canvas for modern updates,' suggesting that buyers may need to budget for cosmetic or functional renovations to meet contemporary standards.
The assigned public schools for this address currently hold lower-to-average ratings, which may be a consideration for families prioritizing academic performance metrics.
Nestled in the highly sought-after Ojai Terrace neighborhood, this single-story 3-bedroom, 2-bath home offers a wonderful opportunity to create your ideal Ojai retreat. Thoughtfully maintained with several upgrades completed over the years, the home is comfortable and functional while providing the wonderful canvas for your personal vision and modern updates. The inviting living area features a cozy fireplace, while mature trees enhance the property's natural beauty, privacy, and sense of tranquility. A spacious driveway offers ample parking for family and guests. Located in one of Ojai's most beloved neighborhoods, Ojai Terrace is known for its strong sense of community and is a favorite destination Halloween trick or treater's. Enjoy easy access to Ojai's charming downtown, scenic hiking and biking trails, local shops, restaurants, and farmers markets, all while living in a peaceful setting, surrounded by nearby nature, mountains, and small-town charm.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,385 | 1,768.5 |
| Lot Size | 7,405 | 11,886 |
| Price | $879.0K | $1.33M |
| Price per sq ft | $635 | $778 |
| Built year | 1961 | 1972 |
| HOA | $0 | $50 |
| Days on market | 34 | 61 |
Jul 10, 2026
$879,000
$899,000
-2% Price Drop
Initial Listing
Jun 18, 2026
$899,000
Initial Listing