NOT LISTED FOR SALE

405 W Ojai Ave Ojai, CA 93023

Estimated Value: $1,020,000 - $1,352,000

3 Beds
3 Baths
1,122 Sq Ft
$1,059/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $1,255,000 $1,119 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,845/month

272 Days on Market

About This Home

As of April 2024

This ideally located commercial property features main street frontage just as locals and visitors are coming into the downtown village area of Ojai. With a quaint faade, covered front porch, and brick walkway leading to the main entrance, this is an ideal setting for a small business, wellness services, boutique, studio, or live-work space. There is street parking directly in front of the building, as well as a parking lot at the back where you will also find RV parking and a separate garage. The building features an open office or meeting space, three separate offices, two bathrooms, and a kitchen with space for a table, coffee station, and other breakroom needs. A separate entrance and bathroom for the office at the back of the building makes it possible to use or rent this as two unit

Last Agent to Sell the Property

Nora Davis

LIV Sotheby's International Realty Ojai License #01046067 Listed on: 06/08/2023

LIV Sotheby's International Realty Ojai

Last Buyer's Agent

Aaron Gaston

Keller Williams West Ventura License #01938231

Keller Williams West Ventura

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,050

Year Built

  • Built in 1922

Lot Details

  • 6,988 Sq Ft Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,122 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 021-0-105-060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,050

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1922
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 1
  • Property Information Year Built2: 1922
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Property Information Main House SqFt: 1122.0
  • Property Information Apx Lot SqFt: 6988.0
  • General Property Information Stories2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Acres: 0.16

Garage/Parking

  • Total Parking Spaces: 4.0

Schools

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

Lot Info

  • Parcel #: 021-0-105-060
  • Zoning: C-1
  • Lot Size Sq Ft: 6988.0

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
405 W Ojai Ave Llc
Bought by
Linda Thompson Insurance Agency Llc
Current Estimated Value
$1,188,250

Purchase Details

Listed on
Jun 8, 2023
Closed on
Mar 5, 2024
Sold by
Bright Family Trust and Bright Loren
Bought by
405 W Ojai Ave Llc
Seller's Agent
Nora Davis
LIV Sotheby's International Realty Ojai
Buyer's Agent
Aaron Gaston
Keller Williams West Ventura
List Price
$1,395,000
Sold Price
$1,255,000
Premium/Discount to List
-$140,000
-10.04%
Views
291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.14%
Original Mortgage
$1,004,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2018
Sold by
Bright Loren W and Bright Tamala P
Bought by
Bright Loren and Bright Tamala

Purchase Details

Closed on
Apr 22, 2004
Sold by
Bright Tamala P
Bought by
Bright Loren W and Bright Tamala P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2004
Sold by
Bright Loren W
Bought by
Bright Tamala P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Carr George J and Lee Lind
Bought by
Bright Loren W and Bright Tamala P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
6.91%

Purchase Details

Closed on
Mar 6, 1996
Sold by
Taft Melody
Bought by
Taft John
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Linda Thompson Insurance Agency Llc -- None Listed On Document
405 W Ojai Ave Llc $1,255,000 Fidelity National Title Compan
Bright Loren -- None Available
Bright Loren W -- Gateway Title Company
Bright Tamala P -- Gateway Title Company
Bright Loren W $219,000 First American Title Ins Co
Taft John -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 405 W Ojai Ave Llc $1,004,000
Previous Owner Bright Loren W $30,000
Previous Owner Bright Tamala P $380,000
Previous Owner Bright Loren W $258,000
Previous Owner Bright Loren W $204,000
Previous Owner Bright Loren W $175,200
Previous Owner John Taft Corp $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $1,255,000 -6.7% $1,119 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
09/17/2023 09/17/23 Price Changed $1,345,000 -3.6% $1,199 / Sq Ft
06/08/2023 06/08/23 For Sale $1,395,000 -- $1,243 / 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 $5,050 $1,280,100 $832,320 $447,780
2024 $5,050 $336,565 $245,900 $90,665
2023 $4,884 $329,966 $241,078 $88,888
2022 $4,832 $323,497 $236,351 $87,146
2021 $4,797 $317,154 $231,716 $85,438
2020 $4,687 $313,904 $229,341 $84,563
2019 $4,560 $307,750 $224,845 $82,905
2018 $4,512 $301,717 $220,437 $81,280
2017 $4,432 $295,802 $216,115 $79,687
2016 $4,000 $290,003 $211,878 $78,125
2015 $3,965 $285,649 $208,697 $76,952
2014 $3,717 $280,056 $204,610 $75,446
Source: Public Records

Agents Affiliated with this Home

  • Nora Davis

    Seller's Agent in 2024

    Nora Davis

    LIV Sotheby's International Realty Ojai

    (805) 207-6177

    12 in this area

    83 Total Sales

    Nora Davis
    Section Image
  • Aaron Gaston

    Buyer's Agent in 2024

    Aaron Gaston

    Keller Williams West Ventura

    (805) 340-8217

    1 in this area

    79 Total Sales

    Aaron Gaston
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1650

Santa Barbara Multiple Listing Service

APN: 023-0-061-170

California Ventura County Ojai 93023

405 W Ojai Ave, Ojai, CA

This home is located at 405 W Ojai Ave, Ojai, CA 93023 since 08 June 2023 and is currently estimated at $1,188,250, approximately $1,059 per square foot. This property was built in 1922. 405 W Ojai Ave is a home located in Ventura County with nearby schools including Topa Topa Elementary School, Matilija Junior High, and Legacy High School.

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