Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    338 Ojai Ave Ojai, CA 93023-2739

    • Office buildings
    • 1,715 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $1,210,000
    Last Sale
    Aug 19, 2024
    $1,250,000
    Location Intelligence
    Property ID
    US10-1027105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Skin & Body Therapy / Skin Care Clinic / Facial Spa

    Property Details for 338 Ojai Ave

    Year built
    1972
    Lot size
    0.08 lot acres
    Property size
    1,715 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    021-0-140-150
    APU
    210140150

    Description

    This exceptional 1,715 square foot retail space is situated in the vibrant heart of Downtown Ojai, directly next to the Arcade. Currently undergoing a significant remodel, this single-tenant property will boast an updated ADA-compliant restroom, a brand new HVAC system, and an improved, open floor plan designed to maximize functionality and appeal. Its prime location offers unparalleled visibility and accessibility, placing it within easy reach of a thriving community of residents and tourists. The surrounding area is rich with amenities, including numerous restaurants, a theatre, the picturesque Libbey Park and Bowl, art galleries, and a variety of shops. This versatile space presents a fantastic opportunity for a wide range of retail businesses, from art galleries and design studios to restaurants and specialty shops. The ongoing remodel ensures a modern and efficient space ready for immediate occupancy upon completion. The property's location within the bustling Downtown Ojai area guarantees high foot traffic and significant exposure to a desirable demographic. This is an exceptional chance to establish a presence in one of Ventura County's most sought-after retail locations.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,250,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,365,000
      6.5%
      $1,315,000
      7%
      $1,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,085,000
      Geo Method
      $1,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $990,000
      Mixed-Use
      $1,085,000
      Hospitality
      $1,190,000
      Educational
      $1,125,000
      Residential Income
      $1,330,000
      Energy
      $955,000
      Income-Based Land
      $1,090,000
      Food Service
      $1,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Ojai
    County
    Ventura
    State
    California
    Longitude
    -119.244
    Latitude
    34.4482
    CBSA code
    37100
    CBSA name
    OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,568
    $111,755
    $183,607
    $295,362
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      24,930 SF

      417 Bryant Cir

      OFFICE BUILDING • 24,930 SF
      417 Bryant Cir, Ojai, CA 93023-4209
      View Details
    • Value Estimation by Request
      2,062 SF

      309 Aliso St

      OFFICE BUILDING • 2,062 SF
      309 Aliso St, Ojai, CA 93023-5002
      View Details
    • Value Estimation
      $1,030,000
      2,765 SF

      407 Bryant Cir Ste F

      OFFICE BUILDING • 2,765 SF
      407 Bryant Cir Ste F, Ojai, CA 93023-4218
      View Details
    • Value Estimation
      $1,015,000
      2,406 SF

      407 Bryant Cir Ste H

      OFFICE BUILDING • 2,406 SF
      407 Bryant Cir Ste H, Ojai, CA 93023-4218
      View Details
    • Value Estimation by Request
      3,065 SF

      820 Country Clb Rd

      OFFICE BUILDING • 3,065 SF
      820 Country Clb Rd, Ojai, CA 93023-3716
      View Details
    • Value Estimation
      $405,000
      1,804 SF

      403 Ojai Ave

      OFFICE BUILDING • 1,804 SF
      403 Ojai Ave, Ojai, CA 93023-2443
      View Details

    Similar Nearby for Sale

    • $3,650,000

      Downtown Ojai Office/Commercial Building

      Remodeled Ojai building with offices, courtyard, and ample parking.
      108 E Matilija St, Ojai, CA 93023
      View Details
    • $1,349,000
      3,361 SF

      Ojai Medical Office Complex

      Prime Ojai location, multi-tenant medical office.
      407a Bryant Cir, Ojai, CA 93023
      View Details
    • $1,095,000

      Ojai Commercial Space For Sale

      Dual commercial space in Ojai's vibrant downtown area.
      305 W Ojai Ave, Ojai, CA 93023
      View Details
    • $395,000

      Ojai Senior Community Home

      Elegant manufactured home in a gated Ojai senior community.
      1885 Maricopa Hwy, Ojai, CA 93023
      View Details
    • $995,000

      Ojai Commercial Land For Sale

      Commercial land available in Ojai, California.
      407 Bryant Cir, Ojai, CA 93023
      View Details
    • $917,000

      Retail Space on Ojai Avenue

      Large retail space with detached storage building and parking.
      952 E Ojai Ave, Ojai, CA 93023
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,092 SF

      Ojai Restaurant Space Available

      Prime Ojai location, 2,092 sq ft, Type 41 license.
      967 Ojai Ave, Ojai, CA 93023
      View Details
    • $42 SF/Yr
      3,859 SF

      Prime Ojai Retail Space Available

      Iconic Downtown Ojai Retail, 3859 SF
      202 Ojai Ave, Ojai, CA 93023
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    338 Ojai Ave
    Ojai, CA 93023-2739
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.