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    317 N Ojai St, Unit ABCDE Santa Paula, CA 93060

    For Sale
    $850,000

    Five-unit property with high rental occupancy in a thriving neighborhood.

    Lot size:
    0.19 Acres

    Property Features for 317 N Ojai St

    General Information

    Lot size
    0.19 Acres

    Building Details

    Year built
    1930

    Source: Gold Coast Investments Agent Rita Reading

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Five-Unit Multifamily Investment Opportunity

    This five-unit property presents an investment opportunity in a thriving neighborhood with convenient access to amenities, cultural attractions, and public transportation. The property includes four one-bedroom, one-bathroom units in the front building and a permitted detached two-bedroom, one-bathroom Accessory Dwelling Unit (ADU) in the back. The ADU has been renovated with new windows, kitchen cabinets, granite countertops, flooring, paint, bathroom vanity, custom tiled shower, and lighting. Parking spaces are available at the back of the property, along with a renovated laundry room featuring new floors, paint, two new washers, and two new dryers. The property maintains a high rental occupancy rate.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.060602
    Latitude
    34.357921

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property with high rental occupancy in a thriving neighborhood.
    Where is this apartment building located?
    The property is located at 317 N Ojai St, Unit ABCDE Santa Paula, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Five potential income streams from 5 units (four 1+1 units and one 2+1 ADU).; - **Newly renovated 2+1 permitted detached ADU** with new windows, kitchen, bathroom, flooring, and paint.; - High rental occupancy rate indicating sustained demand.
    (805) 701-1219
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    317 N Ojai St, Unit ABCDE Santa Paula, CA 93060
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