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Property profile & analytics
FOR SALE
Commercial real estate

203 S Montgomery St Ojai, CA 93023

0.06 ac lot Built 2004
Property ID
US10-1047572
Property summary
AI-generated overview

Nestled in the heart of Ojai's vibrant downtown, this exceptional 3-bedroom, 3-bathroom townhome offers a unique blend of luxurious living and commercial opportunity. Designed by award-winning architect Marc Whitman, this spacious residence is one of the largest in the coveted Los Arboles enclave. Enjoy easy access to Libbey Bowl & Park, art galleries, wineries, boutiques, restaurants, tennis courts, and scenic walking and biking paths. The home features bright, natural light throughout, with a chef's dream kitchen, blissful dining and living spaces, and inspiring outdoor living areas perfect for entertaining. The downstairs includes a cozy fireplace, a private patio, and a guest suite, ideal for accommodating family and guests. Upstairs, you'll find a second ensuite bedroom and a sunlit office. The property's significant advantage lies in its Village-Mixed-Use Residential/Commercial zoning. Currently operating as a thriving art studio owned by a renowned Ojai artist, the street-facing commercial space presents a remarkable opportunity for continued success or a change in use. This property offers a rare combination of upscale residential living and prime commercial potential in a highly desirable Ojai location. The 0.06-acre lot provides ample space for outdoor enjoyment. This is a truly remarkable opportunity to own a piece of Ojai's vibrant downtown.

Property profile
Verified
Property type Commercial real estate
Year built 2004
Lot 0.06 ac (2,614 SF)
UPID US10-1047572
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ray Harding Fine Art Art Gallery
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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