
Ojai, California 93023
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $922,000—positioned well below the $996,386 Fair Market Value by 7%. This valuation gap provides $74,386 in Instant Equity. Featuring a Condition Rating of 2, the home includes significant upgrades like a remodeled primary bath and newer HVAC. The property offers a spacious backyard and ADU conversion potential in the garage. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home in the heart of Ojai.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 418 Descanso Avenue Subject | $899,000* List Price | 3 | 2 | 1,350 | $683 | - |
A 326 Vallerio Avenue Sold | $959,000 | 3 | 2 | 1,201 | $799 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1961, the home has undergone a comprehensive recent renovation including a remodeled primary bathroom, fresh interior/exterior paint, and modern stainless steel appliances. Crucially, major systems have been updated with newer HVAC, a new water heater, and an updated electrical panel, making it a mint-condition, move-in ready property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7711, living area = 1350.
The home features significant upgrades including a remodeled primary bathroom, newer HVAC, updated electrical panel, and fresh interior/exterior paint, ensuring a move-in ready experience.
The spacious garage includes a separate entrance, offering a prime opportunity for conversion into a junior ADU to generate rental income or provide additional living space.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7711, other record lot size in square feet = 7405. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1350, other record living area = 1201.
The property was recently sold within the past year on 2026-02-26. The sold price is $305,000.00.
With only 1,350 square feet of living area, the home may feel compact for larger families or those seeking more expansive indoor environments at this price point.
Welcome home to this beautifully updated three-bedroom, two-bathroom home offering natural light, comfortable living spaces, and a warm, inviting atmosphere. The well-designed floor plan flows effortlessly from the living room into the kitchen and dining area, making everyday living and entertaining easy and enjoyable. An additional den/bonus room provides flexible space for a home office, media room, playroom, or whatever suits your lifestyle.Thoughtfully updated throughout, the home features fresh interior and exterior paint, a remodeled primary bathroom, newer HVAC and water heater, reverse osmosis filtration system, new irrigation system, and an updated electrical panel. All appliances are included, making this home truly move-in ready.Step outside to the spacious, fully fenced backyard, recently leveled to create even more usable space. The generous patio is ideal for outdoor dining, weekend gatherings, or simply relaxing and enjoying the beautiful Ojai weather. The spacious garage offers a separate entrance and presents the possibility of conversion to a junior ADU, providing an exciting opportunity for additional living space or future value.Ideally located just minutes from downtown Ojai, you'll have easy access to local shops, restaurants, entertainment, hiking trails, and the outdoor recreation that makes Ojai such a special place to call home. A wonderful opportunity to enjoy a beautifully updated home in the heart of the Ojai lifestyle.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades K-6 • 1.0 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 | 1,350 | 1,691.422 |
| Lot Size | 7,711 | 10,676.711 |
| Price | $899.0K | $1.38M |
| Price per sq ft | $666 | $840 |
| Built year | 1961 | 1968 |
| HOA | $0 | $81 |
| Days on market | 20 | 55 |
Sep 1, 2026
$899,000
$922,000
-2% Price Drop
Initial Listing
Aug 20, 2026
$922,000
Initial Listing
Feb 26, 2026
$305,000
Public Record
Apr 17, 2024
$819,000
Public Record
Jun 20, 2019
$555,000
Public Record
Oct 10, 2007
$550,000
Public Record
Aug 28, 2003
$397,000
Public Record