214 S Ojai Street, Santa Paula, ResidentialIncome

$ 1,008,780

Overview

  • Updated On:
  • August 7, 2025
  • Property ID
  • 62018
  • 0.32 ft2

Description

Welcome to 214, 214½, and 215 S. Ojai Street in the charming city of Santa Paula — a rare and exceptional investment opportunity offering three detached single-family homes on one expansive lot of approximately 13,900 square feet. This unique property features a total of 7 bedrooms and 3 bathrooms across 2,351 square feet of combined living space, thoughtfully divided into two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit. Each home is individually metered, with all utilities paid by the tenants, making this a highly efficient and low-maintenance income-producing asset. Currently occupied by great long-term tenants, the property provides immediate cash flow while offering tremendous future upside. Investors and developers alike will appreciate the major ADU and add-on potential, with enough space and zoning possibilities to allow for two additional Accessory Dwelling Units (ADUs) — perfect for expanding your rental portfolio or increasing overall property value. Set in a desirable and centrally located neighborhood, this property is close to schools, parks, shops, and local amenities, making it attractive to renters and buyers alike. Whether you’re looking to expand your real estate portfolio, house-hack by living in one unit and renting the others, or explore development possibilities, 214, 214½, and 215 S. Ojai Street offers flexibility, growth potential, and strong rental demand all in one package. Don’t miss this exceptional opportunity in one of Ventura County’s most promising markets!

Address: 214 S Ojai Street
State/County:
Zip: 93060
Country: United States

Property Id: 62018
Price: $ 1,008,780
Property Lot Size: 0.32 ft2
Accessibility Features: Parking
Building Area Total: 2351
Building Area Units: SquareFeet
Common Wall: NoCommonWalls
Community Features: StormDrains,StreetLights,Suburban
Contract Status Change Date: 2025-06-23
Cooling: WallWindowUnits
Cumilative Days on Market: 4
Days on Market: 4
Directions: Take CA-126 W, exit 10th St, then turn onto S Ojai St.
Electric: ElectricityOnProperty
Electric Expense: 200
Elevation Units: Feet
Entry Level: 1
Entry Location: Front
Fuel Expense: 180
Gross Income: 4950
Gross Scheduled Income: 4950
Insurance Expense: 202
Laundry Features: SeeRemarks
Levels: One
List Agent AOR: Southland
List Agent Email: clay@therise.group
List Agent Name: Clayton Wenger
List Agent MLS ID: SR207091272
List office AOR: Southland
List office Email: cabroker@therealbrokerage.com
List office MLS ID: SR0232701
List office Phone: 855-450-0442
Listing Agreement: ExclusiveRightToSell
Listing Contract Date: 2025-06-23
Listing ID: SR25149475
Listing Service: FullService
Listing Terms: Cash,Conventional,Exchange1031,FHA,VaLoan
Lot Features: ZeroToOneUnitAcre,BackYard,Lawn,Landscaped,Level,Yard
Lot Size Area: 13939
Lot Size Source: Assessor
Lot Size Square Feet: 13939
Lot Size Units: SquareFeet
MLS Area Major: SPL - Santa Paula
Major Change Type: PriceChange
MLS Status: Active
Net Operating Income: 4306
Number of Buildings: 3
Number of Seperate Electric Meters: 3
Number of Seperate Gas Meters: 3
Number of Seperate Water Meters: 3
Number of Units Total: 3
On Market Date: 2025-07-08
Operating Expense: 634
Original List Price: 989000
Parcel Number: 1010271065
Photos Count: 18
Postal Code Plus 4: 3714
Previous List Price: 989000
Road Frontage Type: CityStreet
Road Surface Type: Paved
Security Features: CarbonMonoxideDetectors,SmokeDetectors
Sewer: PublicSewer
State or Province: CA
Stories: 1
Stories Total: 1
Street Dir Prefix: S
Street Name: Ojai
Street Number: 214
Street Suffix: Street
Tax Lot: 28
Trash Expense: 150
Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
View: Neighborhood
Water Sewer Expense: 600
Water Source: Public
Year Built: 1948
Zoning: C2

Other Features
Additional Parcel
Association
BedroomOnMainLevel
Fireplace
Garage
Has a View
Has Cooling System
Land Lease
MainLevelPrimary
New Construction
Private Pool
Property Attached
Rent Control
Senior Community

$ 5,889.33
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,838.52

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