910 Mercer Avenue, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
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Ojai, California 93023
This Value-Add Residential Asset presents a Prime Investment Opportunity with a List Price of $995,000—positioned well below the $1,023,546 Fair Market Value by 2%. This valuation gap offers $28,546 in Instant Equity for buyers ready to modernize the property's Condition Rating of 5. Featuring Mountain Views and high Lot Utilization, the 1,764 sqft layout provides a strong foundation for forced appreciation in a prime Ojai neighborhood. This is a high-potential acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 910 Mercer Avenue Subject | $995,000* List Price | 3 | 2 | 1,764 | $580 | - |
A 917 Grandview Avenue Sold | $885,000 | 3 | 1 | 1,314 | $674 | 0.2 mi |
B 1120 Sunnyglenn Avenue Sold | $865,000 | 3 | 2 | 1,449 | $597 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this property shows clear signs of deferred maintenance and dated infrastructure. The listing description explicitly states the home needs repairs and updating, and the exterior images reveal cracked concrete and worn siding. Given its age and the lack of recent renovations mentioned, the property requires substantial rehabilitation to address its outdated systems and physical depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1764.
Situated in a highly desirable, family-friendly neighborhood close to downtown Ojai, schools, and parks, offering excellent lifestyle convenience.
The property features stunning mountain views, providing a picturesque backdrop for peaceful mornings and beautiful sunsets that define the Ojai lifestyle.
The property requires repairs and modernization, which will necessitate additional capital investment and construction time from the buyer.
Built in 1954, the home likely features original systems and finishes that may not meet modern energy efficiency or aesthetic standards.
Welcome to 910 Mercer Avenue in Ojai, a fantastic opportunity to own a 3-bedroom, 2-bath home in a highly desirable, family-friendly neighborhood. This home offers a wonderful setting for everyday living, with a welcoming community feel and incredible mountain views that make Ojai so special.With plenty of space for a growing family, the layout offers comfortable bedrooms, a functional floor plan, and room to create the home of your dreams. While the property does need some repairs and updating, it's the perfect chance to add your own style and build long-term value in a neighborhood known for its charm and livability.Enjoy peaceful mornings, beautiful sunsets, and the convenience of being close to schools, parks, shops, and downtown Ojai. This is a rare chance to create a warm and lasting home in one of Ojai's most loved locations.Bring your vision and make this mountain-view home the perfect place to grow and make memories.
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 | 1,764 | 1,778 | 50% |
| Lot Size | 7,840 | 10,236.4 | 28% |
| Price | $995.0K | $1.25M | 29% |
| Price per sq ft | $564 | $716 | 16% |
| Built year | 1954 | 1959 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 166 | 12% |
Mar 25, 2026
$995,000
$1,060,000
-6% Price Drop
Initial Listing
Feb 18, 2026
$1,060,000
Initial Listing