Two-Home Corner Lot Income
For Sale
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386 Larmier, Oak View, CA 93022
Two separate residences with private yards provide flexible living or rental options on a single corner lot.
Days on Market67
Property Features for 386 Larmier
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Better Homes and Gardens Real Estate Property Shoppe
Listed By:
Donna Wood · License #01362240
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 31 at 12:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Better Homes and Gardens Real Estate Property Shoppe
Investment Insights
Based on property information with market context.
This property features two homes on one corner lot: a 1948 main residence with 3 bedrooms and 1 bathroom, and a detached 2023 ADU with 1 bedroom and 1 bathroom. Each home has its own entrance and yard, supporting privacy and separate occupancy. The main home includes wood flooring, dual-pane windows, and a wood-burning fireplace, with a spacious dining room and an expanded kitchen. The kitchen is appointed with quartz countertops, modern cabinetry, stainless steel appliances, and generous storage. Interior features include mirrored closet doors and an interior laundry area, along with major system upgrades such as a 220-amp electrical panel, Lennox HVAC, newer paint and windows, and a newer main gas line.
The detached ADU is street-facing with a private entry and its own small yard. Interior finishes include luxury plank flooring, recessed lighting, and dual-pane windows throughout. The kitchen has floating bamboo flooring, quartz counters, a farmhouse sink, and a garden window. The bedroom includes an oversized closet, a skylight, and a Mitsubishi dual-zone climate system, with updated wiring and plumbing and energy-efficient spray-foam insulation. A two-car covered carport provides convenient parking.
For buyers seeking a residential income setup in Oak View, CA, the separate entrances and yards can support flexible use, whether used as multi-generational housing or as two independent rental units. The property is described as being within walking distance of a local market, coffee and donut shops, and a popular breakfast spot, with easy access to Ojai, Ventura, the Ojai Valley bike trail, and the coast.
The detached ADU is street-facing with a private entry and its own small yard. Interior finishes include luxury plank flooring, recessed lighting, and dual-pane windows throughout. The kitchen has floating bamboo flooring, quartz counters, a farmhouse sink, and a garden window. The bedroom includes an oversized closet, a skylight, and a Mitsubishi dual-zone climate system, with updated wiring and plumbing and energy-efficient spray-foam insulation. A two-car covered carport provides convenient parking.
For buyers seeking a residential income setup in Oak View, CA, the separate entrances and yards can support flexible use, whether used as multi-generational housing or as two independent rental units. The property is described as being within walking distance of a local market, coffee and donut shops, and a popular breakfast spot, with easy access to Ojai, Ventura, the Ojai Valley bike trail, and the coast.
Key Highlights
- Single corner lot with 2 residences: 1948 main home (3BD/1BA) plus a 2023 detached ADU (1BD/1BA)
- Main home features wood flooring, dual‑pane windows, and a wood‑burning fireplace; includes spacious dining room and expanded kitchen with quartz counters
- Main home updates include a 220‑amp electrical panel, Lennox HVAC, newer paint and windows, and a newer main gas line
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
269
Businesses Nearby
Explore this area
Business Placement
Demographics for 93022, CA
6,172
Population
2,264
Households
2.7
Avg Household Size
44
Median Age
30%
College-Educated
88%
High-School Grad
3.1 sq mi
ZIP Area
1,991
Density / Sq Mi
$109,471
Median Household Income
$43,545
Median Earnings
$2,489
Median Rent
$704,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences with private yards provide flexible living or rental options on a single corner lot.
Where is this duplex located?
The property is located at 386 Larmier Oak View, CA.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: Single corner lot with 2 residences: 1948 main home (3BD/1BA) plus a 2023 detached ADU (1BD/1BA); Main home features wood flooring, dual‑pane windows, and a wood‑burning fireplace; includes spacious dining room and expanded kitchen with quartz counters; Main home updates include a 220‑amp electrical panel, Lennox HVAC, newer paint and windows, and a newer main gas line