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Duplex Property with Ocean Views
For Sale
$975,000

6779 Ojai Avenue, Ventura, CA 93001

Ventura, CA

Property Size1,884 SF
Lot Size0.11 Acres
Price / SF$517.52
Days on Market270

Property Features for 6779 Ojai Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 3
Full bathrooms 1
Rooms Bedroom 4, Bedroom 3, Family Room, Bedroom 1, Den, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 1, Laundry Room
Parking 4
Interior features Tray Ceiling(s), Block Walls, Storage, In-Law Floorplan, Tile Counters, Cathedral Ceiling(s)
Exterior features Rain Gutters
Fireplace 1
Subdivision Ventura Beach North: Other - 0022
Lot features Sprinklers None, Landscaped
View Ocean, Hills
Elementary school Pacific Beach
Directions 101North turn right on Santa Barbara, right on Surfside Left on Ojai Ave.101 South Exit Sea Cliff turn left on PCH, turn left onto 101 North exit on La Conchita Santa Barbara, right on Surfside, lfet on Ojai Ave.
Standard status Active
APN 0600076050
Size 1,884 SF
Lot size 0.11 Acres

Utilities

Utilities Natural Gas Available
Sewer type Perc Test Required
Water source Public

Amenities

ocean views
stone fireplace
vaulted ceiling
garden backyard
laundry

Building Details

Year built 1978
Floors in Building 2
Building materials Stucco
Architectural style Other
Additional Structures Storage
Listing Agency: COMPASS
Listed By: Steven Kuhn · License #01237314
Added: Jan 9 Changed: Oct 6 Last Checked: Oct 6 at 9:06PM
MLS# P1-25871

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex property includes two homes associated with separate tax parcels, utilities, and septic systems. The primary residence offers multiple living areas, a full kitchen, vaulted and cathedral ceilings, a stone fireplace, storage, laundry, and an attached converted garage. A downstairs studio lockout includes its own kitchen and bathroom, while the upper level provides ocean views. The second residence is a one-bedroom, one-bath home with two outdoor living areas and a garden backyard.

The owners of the smaller residence would like to remain in place under a life estate. The property is located at 6779 Ojai Avenue in Ventura, California, and includes stucco construction, public water, natural gas availability, rain gutters, and a 1978 construction date. County records and measured information differ regarding building areas; buyer inspections are recommended.

Key Highlights

  • Two homes associated with separate tax parcels
  • Separate utilities and septic systems for the two residences
  • Primary home includes a downstairs studio lockout with kitchen and bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,288
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,760 $645.8K
Cap Rate 7%
$461,257 $461.3K
Cap Rate 9%
$358,756 $358.8K
Market Conditions
NOI Build-Up for 1,884 SF
Gross rent
$48.0K $25.50/SF
− Vacancy
−$1.9K −$1.02/SF
EGI
$46.1K $24.48/SF
− OpEx
−$13.8K −$7.34/SF
NOI
$32.3K $17.14/SF
Area
Ventura County, CA
Vacancy
3.99%
Lease Rate
$25.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$645,760
Cap Rate 7%
$461,257
Cap Rate 9%
$358,756

Alternative Uses

Best Use
Multifamily LT 5
$461.3K
$403.6K – $538.1K (±1% cap)
NOI $32,288 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$425.4K
$372.3K – $496.3K (±1% cap)
NOI $29,780 @ 7.0% cap · market cap 3.05%
Theoretical Best
Office A
$646.8K
$565.9K – $754.6K (±1% cap)
NOI $45,274 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 93001, CA

33,859
Population
14,705
Households
2.3
Avg Household Size
40
Median Age
38%
College-Educated
88%
High-School Grad
96.6 sq mi
ZIP Area
351
Density / Sq Mi
$86,310
Median Household Income
$45,023
Median Earnings
$1,881
Median Rent
$760,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Two homes occupy separate tax parcels with distinct utilities, septic systems, and outdoor living areas.
Where is this duplex located?
The property is located at 6779 Ojai Avenue Ventura, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Two homes associated with separate tax parcels; Separate utilities and septic systems for the two residences; Primary home includes a downstairs studio lockout with kitchen and bath
More about this property
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