Seller's Agent in 2019
James Wick
Keller Williams West Ventura C
(805) 701-6514
10 Total Sales
8
Beds
10
Baths
5,740
Sq Ft
0.39
Acres
Highlights
- Mountain View
- Lawn
- Cooling Available
- Spanish Architecture
- Balcony
- Laundry Room
About This Home
As of July 2019Nestled in the Ojai Valley near the heart of downtown Ojai in a lovely residential neighborhood, is this Beautiful twelve-unit property in very good condition � entire exterior just painted and interiors refurbished as tenants change! Consisting of nine 1-bedroom units and 3 studios, this is a unique and quality property. Gated with a perimeter stucco wall that creates privacy and security, the courtyard is beautifully landscaped with drip system for plants, sprinklers for grass, BBQ grill, pergola covered patio and plenty of furniture for relaxing or entertaining. Tenants are long term based on generous rental terms. Market rents are substantially higher than current rents. Current rents are very low at $11,298 per month. Pro forma rents should be $16,200 or more per month. Ample parking with easy access and laundry room on ground level. There are several storage areas for whatever you need to store. Each unit has an air conditioner or a swamp cooler � a few have both! Sellers have owned the property for more than 15 years and have protected their investment by maintaining it impeccably! Pride of ownership is apparent here. Truth be told � NOTHING ELSE COMPARES!
Last Agent to Sell the Property
Keller Williams West Ventura C License #00860294 Listed on: 04/19/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949 | Remodeled
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 112 x 151
- South Facing Home
- Fenced
- Landscaped
- Rectangular Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- Lawn
Property Views
- Mountain
- Hills
- Courtyard
Home Design
- Spanish Architecture
- Split Level Home
- Property Attached
- Interior Block Wall
- Tar and Gravel Roof
- Stucco
Interior Spaces
- 2-Story Property
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- Parking Available
- Parking Lot
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Cooling Available
- Gas Water Heater
- Sewer Assessments
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 0220051080
Community Details
Building Details
- 12 Leased Units
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
Additional Features
- 12 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2019 07/31/19 | Sold | $2,000,000 | -9.1% | $348 / Sq Ft |
| 07/16/2019 07/16/19 | Pending | -- | -- | -- |
| 04/19/2019 04/19/19 | For Sale | $2,200,000 | -- | $383 / Sq Ft |
Source: Ventura County Regional Data Share
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 | $37,977 | $2,180,728 | $721,806 | $1,458,922 |
| 2024 | $37,977 | $2,137,969 | $707,653 | $1,430,316 |
| 2023 | $36,791 | $2,096,049 | $693,778 | $1,402,271 |
| 2022 | $36,616 | $2,054,950 | $680,174 | $1,374,776 |
| 2021 | $36,302 | $2,014,657 | $666,837 | $1,347,820 |
| 2020 | $35,485 | $1,994,000 | $660,000 | $1,334,000 |
| 2019 | $31,423 | $1,656,479 | $955,915 | $700,564 |
| 2018 | $31,703 | $1,624,108 | $937,172 | $686,936 |
| 2017 | $31,342 | $1,598,078 | $918,797 | $679,281 |
| 2016 | $27,243 | $1,530,500 | $880,000 | $650,500 |
| 2015 | $26,217 | $1,440,000 | $840,000 | $600,000 |
| 2014 | $24,034 | $1,380,000 | $800,000 | $580,000 |
Source: Public Records
Agents Affiliated with this Home
-
James Wick
-
Jeffrey Becker
Buyer's Agent in 2019
Jeffrey Becker
The Becker Group, Inc.
(805) 653-6794
3 in this area
11 Total Sales
Map
Source: Ventura County Regional Data Share
MLS Number: V0-219004613
APN: 022-0-051-080
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