940 Devereux Drive, Ojai, California 93023, Ojai, 93023 - 3 bed, 2 bath
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940 Devereux Drive
Ojai, California 93023
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,196Sq Ft
7,475Lot Size
Property Price
LIST PRICE$949,500
EST. MARKET VALUE
$930,673
SUMMARY
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $949,500—positioned well below the $930,673 Fair Market Value by -2%. While the property is priced slightly above current market estimates, its Condition Rating of 3 and 7,475 sq. ft. lot provide a solid foundation for value-add improvements. Featuring scenic mountain views and a single-level layout, the home offers significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to personalize a well-maintained Ojai home.
Estimated Market Value
$930,673
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 |
|---|---|---|---|---|---|---|
★ 940 Devereux Drive Subject 3 bd · 2 ba · 1,196 sqft · $778 | $949,500* List Price | 3 | 2 | 1,196 | $778 | - |
A 336 El Conejo Sold 3 bd · 2 ba · 1,162 sqft · $861 · 0.4 mi | $999,999 | 3 | 2 | 1,162 | $861 | 0.4 mi |
B 143 N Poli Street Sold 2 bd · 2 ba · 1,065 sqft · $939 · 0.3 mi | $1,000,000 | 2 | 2 | 1,065 | $939 | 0.3 mi |
C 1054 Fairview Road Sold 3 bd · 2 ba · 1,328 sqft · $877 · 0.3 mi | $1,165,000 | 3 | 2 | 1,328 | $877 | 0.3 mi |
D 2225 Maricopa Highway Sold 3 bd · 2 ba · 1,586 sqft · $615 · 0.4 mi | $975,000 | 3 | 2 | 1,586 | $615 | 0.4 mi |
E 171 S Pueblo Avenue Sold 3 bd · 2 ba · 1,089 sqft · $753 · 0.5 mi | $820,000 | 3 | 2 | 1,089 | $753 | 0.5 mi |
F 701 W Lomita Avenue Sold 3 bd · 2 ba · 1,480 sqft · $709 · 0.6 mi | $1,050,000 | 3 | 2 | 1,480 | $709 | 0.6 mi |
G 124 S Padre Juan Avenue Active 2 bd · 2 ba · 1,175 sqft · $736 · 0.5 mi | $865,000 List Price | 2 | 2 | 1,175 | $736 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Originally built in 1957, the property has been well-maintained and updated. The kitchen features a functional layout with a modern farmhouse sink, stainless steel appliances, and updated cabinetry. The home appears move-in ready with updated flooring and standard HVAC systems, though it retains some mid-century character.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7475, living area = 1196.
- Scenic Mountain Views
The property features beautiful mountain views that provide a serene and picturesque backdrop, significantly enhancing the Ojai living experience.
- Expansive Outdoor Space
A generous 7,475-square-foot lot offers ample room for gardening, pets, and outdoor entertaining, providing a private retreat with significant landscaping potential.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7475, other record lot size in square feet = 7405.
- Modernization Requirements
Built in 1957 and described as having 'plenty of potential,' the home likely requires updates to its original finishes and systems to meet modern luxury standards.
- Limited Interior Square Footage
With only 1,196 square feet of living space for a three-bedroom home, the interior footprint may feel constrained for buyers accustomed to larger, more open-concept residences.
About 940 Devereux Drive
Charming single-story 3-bedroom, 2-bath home offering comfortable, easy living and plenty of potential. This home features a spacious floor plan with inviting living spaces and an abundance of natural light. Large yard with plenty of room for entertaining, gardening, pets, or creating your own outdoor retreat. Beautiful mountain views provide a scenic backdrop and a wonderful sense of openness. A great opportunity to enjoy single-level living, outdoor space, and mountain views in a peaceful setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,475 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,196 | 1,795.352 |
| Lot Size | 7,475 | 11,438.426 |
| Price | $949.5K | $1.44M |
| Price per sq ft | $794 | $823 |
| Built year | 1957 | 1970 |
| HOA | $0 | $134 |
| Days on market | 26 | 64 |
Pricing History
Listed for Sale
Sep 28, 2026
$949,500
Initial Listing
Sold
May 8, 2015
$441,000
Public Record