$1,599,000
PENDING $101K PRICE DROP

Estimated payment $9,977/month

Total Views 9,148
5 Beds
4 Baths
2,585 Sq Ft
$619 Price per Sq Ft

Highlights

  • No Units Above
  • Mountain View
  • No HOA
  • 0.45 Acre Lot
  • Fireplace in Primary Bedroom
  • Screened Porch

About This Home

Rare Ojai Investment Property - Two Permitted Homes + StudioA unique opportunity to own two fully permitted single-family homes plus a permitted attached studio, all in excellent condition on a spacious, private lot just minutes from downtown Ojai.With high rental demand and strong long-term rental values in Ojai, this property offers outstanding income potential. Whether you're an investor seeking stable monthly returns or a buyer looking to offset your mortgage, 840 Fairview Road delivers.The front home is just over 1,200 sq ft, offering 2BD/1BA, an open layout, and a screened-in porch perfect for indoor-outdoor living. The rear home is just over 1,250 sq ft, featuring 2BD/2BA, including a stunning skylit bath and a private patio with outdoor shower off the primary suite -- ideal for premium long-term rental or owner occupancy.The permitted attached studio adds flexible use options for a guest suite, home office, or additional rental income. Two large storage sheds offer extra space for tools, hobbies, or tenant use.All units are in move-in condition, with multiple rental configurations possible. Live in one and rent the others -- or lease all three. With strong local rental values, this is a turn-key income property in one of Ojai's most desirable locations. The possibilities are endless.

Listing Agent

Cher-Ami Murphy

LIV Sotheby's International License #02141323 Listed on: 07/02/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.45 Acre Lot
  • Wrought Iron Fence
  • No Sprinklers

Interior Spaces

  • 2,585 Sq Ft Home
  • Living Room with Fireplace
  • Screened Porch
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Screened Patio

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0170020090

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0170020090
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2585.00 Square Feet
  • Common Walls: No One Above
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom
  • Levels: One
  • Price Per Square Foot: 618.57
  • Room Type: Living Room, Laundry, Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 19602.00
  • Lot Size Acres: 0.4500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19602.0000 Square Feet

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Sold $1,500,000 -6.2% $580 / Sq Ft View Prior Sale
08/31/2025 08/31/25 Price Changed $1,599,000 -5.1% $619 / Sq Ft
08/03/2025 08/03/25 Price Changed $1,685,000 -0.9% $652 / Sq Ft
06/25/2025 06/25/25 For Sale $1,700,000 -- $658 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: V1-30899

Ventura County Regional Data Share

APN: 017-0-020-090