483 Avenida Del Recreo, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
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Ojai, California 93023
This Single Family Residence represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,188,957 Fair Market Value by 3%. This valuation gap offers $38,957 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and updated finishes, while the 10,018 sqft lot provides significant potential for an ADU. This property balances immediate move-in readiness with long-term growth, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a foothold in the Ojai market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 483 Avenida Del Recreo Subject | $1,150,000* List Price | 3 | 2 | 1,369 | $868 | - |
A 919 E Matilija Street Active Under Contract | $1,195,000 List Price | 3 | 2 | 1,160 | $1,030 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1949, the property has undergone significant renovations likely within the last 10-15 years. The kitchen features updated dark wood cabinetry, granite countertops, and stainless steel appliances. The interior shows well-maintained hardwood flooring, updated vinyl windows, and clean finishes, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1369.
The property features a substantial 10,018 square foot lot, providing significant outdoor space for landscaping, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
Situated in the highly desirable Ojai area, this home offers residents access to a prestigious community known for its natural beauty, boutique shopping, and strong long-term property value retention.
Built in 1949, the home likely requires updates to major systems such as plumbing, electrical, and insulation to meet modern efficiency and safety standards.
With only 1,369 square feet distributed across three bedrooms, the living areas may feel compact, potentially requiring creative space management or future expansion.
Exceptional opportunity in Ojai. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,369 | 1,768.5 |
| Lot Size | 10,018 | 11,886 |
| Price | $1.15M | $1.33M |
| Price per sq ft | $840 | $778 |
| Built year | 1949 | 1972 |
| HOA | $0 | $50 |
| Days on market | 42 | 61 |
Jun 10, 2026
$1,150,000
Initial Listing
Nov 18, 2014
$555,000
Public Record
May 9, 2012
$428,000
Public Record
Jul 1, 2011
$185,000
Public Record