NOT LISTED FOR SALE

214 E Eucalyptus St Ojai, CA 93023

Estimated Value: $1,224,000 - $1,517,000

2 Beds
1 Bath
2,392 Sq Ft
$552/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $1,099,000 $459 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,241/month

60 Days on Market

Highlights

  • Property is near a park
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2021

Grab this rare opportunity to expand your portfolio with an investment property in the City of Ojai. Each of the three units in this multi-family property has two bedrooms and one bathroom. Potential renters are sure to love the close proximity to downtown Ojai with shops, restaurants, galleries, parks, and the weekly farmers market all within walking or biking distance. This popular downtown location is also just blocks from the Ojai Valley Trail and Libbey Bowl. This is a rare opportunity to own an Ojai tri-plex, so don't miss out on the chance to get into the Ojai rental market.

Last Agent to Sell the Property

Nora Davis

LIV Sotheby's International Realty Ojai License #01046067 Listed on: 08/02/2021

LIV Sotheby's International Realty Ojai

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,965

Year Built

  • Built in 1976

Lot Details

  • 7,500 Sq Ft Lot
  • Back Yard Fenced
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2,392 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Carport
  • On-Street Parking

Location

  • Property is near a park
  • Property is near schools
  • Property is near shops

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 021-0-044-090

Community Details

Overview

  • 3 Units

Building Details

  • Insurance Expense $1,500
  • Trash Expense $143
  • Water Sewer Expense $60
  • New Taxes Expense $4,619
  • Operating Expense $8,552
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,965

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1976
  • Income Expenses Annual Income: 45000.0
  • Annual Expenses: 8552.48
  • Monthly Expense: 202.79
  • Monthly Income: 3750.0
  • Income Expenses Trash Expense: 142.79
  • Income Expenses Water Expense: 60.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 3.0
  • Building Stories: 1
  • ResoLaundryFeatures: None
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Vinyl, Carpet, Tile
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1976
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 2392.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 7500.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 1.0
  • Amenities Gas Stove2: Yes
  • Amenities Fncd Back: Yes
  • IncomeExpenses Taxes6: 4619.0
  • FlrWdw Coverings Vinyl2: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.17
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport, Street
  • Total Parking Spaces: 3.0

Fee Information

  • Trash Expense: 142.79
  • Annual Water Sewer Expense: 60.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 021-0-044-090
  • Zoning: R-2
  • Lot Size Sq Ft: 7500.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 45000.0
  • Insurance Expense: 1500.0
  • Annual Operating Expense: 8552.48
  • Total Actual Rent: 3750.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Brousseau Tyler G
Bought by
Tb Ojai Investments Llc
Current Estimated Value
$1,320,421

Purchase Details

Listed on
Aug 2, 2021
Closed on
Oct 20, 2021
Sold by
Glen Timms Sr Donald
Bought by
Timms 1990 Family Trust
Seller's Agent
Nora Davis
LIV Sotheby's International Realty Ojai
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,199,000
Sold Price
$1,099,000
Premium/Discount to List
-$100,000
-8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$769,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2021
Closed on
Aug 31, 2021
Sold by
Tapia Sharon and Timms 1990 Family Trust
Bought by
Brousseau Tyler G
Seller's Agent
Nora Davis
LIV Sotheby's International Realty Ojai
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,199,000
Sold Price
$1,099,000
Premium/Discount to List
-$100,000
-8.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
Timms Donald Glen and Timms Betty Lou
Bought by
Timms Donald Glen and Timms Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2010
Sold by
Timms Donald Glen and Timms Betty Lou
Bought by
Timms Donald Glen and Timms Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Timms Donald Glen and Timms Betty Lou
Bought by
Timms Donald Glen and Timms Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2004
Sold by
Timms Donald Glen and Timms Betty Lou
Bought by
Timms Donald Glen and Timms Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2004
Sold by
Timms Donald Glen and Timms Betty Lou
Bought by
Timms Donald Glen and Timms Betty Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tb Ojai Investments Llc -- None Listed On Document
Timms 1990 Family Trust -- --
Brousseau Tyler G $1,099,000 Fidelity National Title
Timms Donald Glen -- Lawyers Title Vn
Timms Donald Glen -- Lawyers Title Company
Timms Donald Glen -- First American Title Company
Timms Donald Glen -- First American Title Company
Timms Donald Glen -- --
Timms Donald Glen -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brousseau Tyler G $769,300
Previous Owner Timms Donald Glen $247,000
Previous Owner Timms Donald Glen $240,000
Previous Owner Timms Donald Glen $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $1,099,000 -8.3% $459 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $1,199,000 -- $501 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,965 $1,166,266 $795,906 $370,360
2024 $15,965 $1,143,399 $780,300 $363,099
2023 $15,395 $1,120,980 $765,000 $355,980
2022 $15,221 $1,099,000 $750,000 $349,000
2021 $4,714 $118,792 $13,395 $105,397
2020 $4,619 $117,575 $13,258 $104,317
2019 $4,522 $115,271 $12,999 $102,272
2018 $4,447 $113,012 $12,745 $100,267
2017 $4,401 $110,797 $12,496 $98,301
2016 $3,561 $108,625 $12,251 $96,374
2015 $3,511 $106,995 $12,068 $94,927
2014 $3,200 $104,901 $11,833 $93,068
Source: Public Records

Agents Affiliated with this Home

  • Nora Davis

    Seller's Agent in 2021

    Nora Davis

    LIV Sotheby's International Realty Ojai

    (805) 207-6177

    10 in this area

    80 Total Sales

    Nora Davis
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2885

Santa Barbara Multiple Listing Service

APN: 021-0-044-090

California Ventura County Ojai 93023

214 E Eucalyptus St, Ojai, CA

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