NOT LISTED FOR SALE

611 Pearl St Ojai, CA 93023

Ojai Area

Estimated Value: $8,595,425

14 Beds
21 Baths
18,041 Sq Ft
$476/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2021

Last sale price $6,800,000 $377 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $54,217 / mo

4 Days on Market

About This Home

As of March 2021

The Craftsman Village is a mixed-use development in Ojai, California. The property consists of one (1) 1-bedroom/2-bathroom apartment unit, two (2) 2-bedroom/2.5-bathroom apartment units, one (1) 3-bedroom/2.5-bathroom apartment unit, two (2) 3-bedroom/3.5-bathroom apartment units, and two office suites. The property consists of 18,041 rentable square feet and sits on a 35,029 square foot lot. Consistent with the unique charm of Ojai, the craftsman architecture building features high-end interior and exterior finishes. Ojai is a city in Ventura County surrounded by hills and mountains and located northwest of Los Angeles and east of Santa Barbara. Ojai is a tourism destination known for boutique hotels, inns, resorts and spas, and spiritual retreats. Visitors can enjoy golfing, tennis, wine tasting, horseback riding, rock climbing, fishing, hiking, and other recreational activities. The subject property is well located in the heart of Ojai, one block south of the bustling Ojai Ave.

Last Agent to Sell the Property

Daniel Withers

Matthews Real Estate Investment Services License #01325901 Listed on: 01/08/2021

Last Buyer's Agent

Jeff Louks

Marcus & Millichap License #00908473

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 35,029 Sq Ft Lot

Interior Spaces

  • 18,041 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 21 Bathrooms

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 023-0-141-430

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0.8 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 18041
  • Lot Acreage: 0.8042
  • Stories: 2
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 21.00
  • Price Per S Q F T: 385.23

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 1 Car, Garage - 2 Car, Driveway, Parking Space, Side By Side
  • Total Parking: 22

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 023-0-141-430
  • Lot Size Area: 35029

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Number Of Units: 8
  • Type Of Units: Apt / Office

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 10, 2021
Sold by
Bought by
Seller's Agent
Daniel Withers
Matthews Real Estate Investment Services
Buyer's Agent
Jeff Louks
Marcus & Millichap
List Price
$6,950,000
Sold Price
$6,800,000
Premium/Discount to List
-$150,000
-2.16%
Current Estimated Value
$8,595,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,795,425
Avg. Annual Appreciation
4.47%
Original Mortgage
$3,000,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
0.0345%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
0.0376%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
0.0413%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$6,800,000 North American Title
-- Accommodation
$2,150,000 Chicago Title Company
$750,000 Fidelity National Title
-- Accommodation
$118,212 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Previous Owner $334,000
Previous Owner $275,000
Previous Owner $3,600,000
Previous Owner $275,000
Previous Owner $2,150,000
Previous Owner $1,940,000
Previous Owner $1,900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $6,800,000 -2.2% $377 / Sq Ft
01/08/2021 01/08/21 For Sale $6,950,000 -- $385 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $88,600 $7,359,301 $2,489,594 $4,869,707
2024 $88,600 $7,215,296 $2,440,779 $4,774,517
2023 $85,312 $7,074,114 $2,392,920 $4,681,194
2022 $84,034 $6,935,700 $2,346,000 $4,589,700
2021 $55,384 $4,202,170 $804,151 $3,398,019
2020 $54,395 $4,188,906 $795,906 $3,393,000
2019 $36,107 $2,652,300 $780,300 $1,872,000
2018 $32,584 $2,305,000 $765,000 $1,540,000
2017 $15,705 $750,000 $750,000 $0
2016 $9,356 $761,437 $761,437 $0
2015 $9,177 $750,000 $750,000 $0
2014 $3,007 $188,887 $188,887 $0
Source: Public Records

Agents Affiliated with this Home

  • Daniel Withers

    Seller's Agent in 2021

    Daniel Withers

    Matthews Real Estate Investment Services

    (310) 365-5054

    43 Total Sales

    Daniel Withers
    Section Image
  • Jeff Louks

    Buyer's Agent in 2021

    Jeff Louks

    Marcus & Millichap

    (818) 212-2700

    67 Total Sales

    Jeff Louks
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Matthew Ziegler

    Marcus & Millichap

    (310) 403-3325

    17 Total Sales

    Matthew Ziegler
    Section Image
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Map

Source: The MLS

MLS Number: 21-677756

The MLS

APN: 023-0-141-430

California Ventura County Ojai 93023

611 Pearl St, Ojai, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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