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$ 1,750,000
Est. payment /mo
New
506 E Oak Street Ojai, CA 93023
6 Beds
5 Baths
0.51 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-36042
Bedrooms 6
Lot Size 0.510 Acres
Lot Dimensions 66' x 379'
Property Sub-Type Res Income 2-4 Units
Property Description
Set on over half an acre in one of the most desirable neighborhoods in the beautiful Ojai Valley, this rare triplex opportunity offers endless potential in a truly exceptional setting. Surrounded by majestic Topa Topa mountain views, mature oak trees, and a peaceful park-like atmosphere, this unique property captures the essence of Ojai living while being just moments from the vibrant heart of downtown. Enjoy the convenience of walking distance to local shops, restaurants, coffee houses, art galleries, farmers markets, and everything that makes downtown Ojai so special.The property consists of three longtime rental units situated on an expansive oversized lot, creating an incredible opportunity for investors, developers, owner-users, or those seeking to create a private family compound or multi-generational retreat. All units will be delivered vacant upon transfer of ownership, allowing the next owner immediate flexibility to reimagine, renovate, expand, or design the property to fit their vision and lifestyle.Whether you're looking to preserve its charm as an income-producing investment property, create a custom estate compound, develop a luxury retreat, or capitalize on the highly sought-after Ojai market, the possibilities here are truly endless. Large parcels in this prime downtown location rarely become available, making this an extraordinary opportunity for those with vision.Don't miss your chance to own a one-of-a-kind property in the heart of Ojai -- opportunities like this do not come around often, and this one is expected to move quickly.
Location
State CA
County Ventura
Community Horse Trails
Zoning Assessor
Direction Ojai Avenue to Montgomery to E. Oak Street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0220090280
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
Listed by Nate Minkel, DRE#01483520 eXp Realty
NEARBY SCHOOL & BUSINESS