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Private Multifamily Compound
For Sale
$4,475,000

431 Montana Circle, Ojai, CA 93023

Gated Ojai compound with a main residence, attached JADU, detached ADU, pool, and outdoor entertaining areas.

Property Size4,463 SF
Lot Size1.00 Acre
Price / SF$1,002
Days on Market84

Property Features for 431 Montana Circle

General Information

Standard status Active
Size 4,463 SF
Total Parking Spaces 2
Lot size 1.00 Acre
Property subtype Multi-family

Additional Details

Multifamily Units 3

Amenities

pool
cabana
outdoor cooking area
orchard

Building Details

Year Built 1976
Construction Spanish style hacienda
Listing Agency: Compass
Listed By: Sheila Hume
Source: Sevengables
Added: Jun 9 Changed: Aug 31 Last Checked: Aug 30 at 6:00PM

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 Compass

Investment Insights

Based on property information with market context.

This gated multifamily compound at 431 Montana Circle includes a 3,413-square-foot main residence, a 500-square-foot attached JADU, and a 550-square-foot ADU or guest cottage. The fully renovated property offers 7 bedrooms and 7 bathrooms, along with a kitchen featuring a butler’s pantry, Hestan range, and marble island. Interior and exterior living areas connect through a retractable living-room wall.

Outdoor improvements include a pool with cascading water feature, cabana, palapa-style barbecue area, outdoor dining space, covered carport parking for two cars, and an EV outlet. The grounds also include a front-garden orchard and additional space for an airstream. Both ADUs and the lower-level ensuite living quarters are fully permitted. Stamped plans for a two-car garage are included. The property sits on a one-acre parcel within minutes of downtown Ojai and was built in 1976.

Key Highlights

  • 3,413 SF main residence with 500 SF attached JADU and 550 SF ADU/guest cottage
  • 7 bedrooms and 7 bathrooms across the renovated compound
  • Both ADUs and lower‑level ensuite living quarters are fully permitted

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Hair Salon Building Supply HVAC Service Big Box & Wholesale Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

328
Businesses Nearby

Demographics for 93023, CA

20,937
Population
9,310
Households
2.2
Avg Household Size
50
Median Age
41%
College-Educated
90%
High-School Grad
266.9 sq mi
ZIP Area
78
Density / Sq Mi
$82,298
Median Household Income
$42,389
Median Earnings
$1,831
Median Rent
$888,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Gated Ojai compound with a main residence, attached JADU, detached ADU, pool, and outdoor entertaining areas.
Where is this multifamily property located?
The property is located at 431 Montana Circle Ojai, CA.
What is the asking price?
The asking price for this property is $4,475,000.
What are key features of this property?
This property features: 3,413 SF main residence with 500 SF attached JADU and 550 SF ADU/guest cottage; 7 bedrooms and 7 bathrooms across the renovated compound; Both ADUs and lower‑level ensuite living quarters are fully permitted
More about this property
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