506 E Oak Street, Ojai, CA 93023

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Sold Price
$1,800,000
List Price
$1,750,000
Closing Date
Jun 23, 2026
Status
CLOSED
MLS#
V1-36042
Year Built
1948
Lot Size
22,215
Acres
0.51
Lot Location
Sprinklers None
Days on Market
33
Property Type
Multifamily
Property Sub Type
Triplex
Neighborhood
Ojai: Other

Property Description

Set on over half an acre in one of the most desirable neighborhoods in the beautiful Ojai Valley, this rare triplex opportunity offers endless potential in a truly exceptional setting. Surrounded by majestic Topa Topa mountain views, mature oak trees, and a peaceful park-like atmosphere, this unique property captures the essence of Ojai living while being just moments from the vibrant heart of downtown. Enjoy the convenience of walking distance to local shops, restaurants, coffee houses, art galleries, farmers markets, and everything that makes downtown Ojai so special.The property consists of three longtime rental units situated on an expansive oversized lot, creating an incredible opportunity for investors, developers, owner-users, or those seeking to create a private family compound or multi-generational retreat. All units will be delivered vacant upon transfer of ownership, allowing the next owner immediate flexibility to reimagine, renovate, expand, or design the property to fit their vision and lifestyle.Whether you're looking to preserve its charm as an income-producing investment property, create a custom estate compound, develop a luxury retreat, or capitalize on the highly sought-after Ojai market, the possibilities here are truly endless. Large parcels in this prime downtown location rarely become available, making this an extraordinary opportunity for those with vision.Don't miss your chance to own a one-of-a-kind property in the heart of Ojai -- opportunities like this do not come around often, and this one is expected to move quickly.

Additional Information

Pool Description
None
Cooling Description
None
View
Mountain(s), Trees/Woods
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$6,000
Operating Expense
900

Listing courtesy of Listing Agent: Nate Minkel (nminkel@gmail.com) from Listing Office: eXp Realty.

Listing sold by Nate Minkel from eXp Realty

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.