Property profile

386 Larmier Ave Oak View, CA 93022

FOR SALE
Duplexes
Property ID
US10-0959528
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Property summary

AI-generated overview

Two homes on one corner lot -- a 1948 main home (3BD/1BA) and a 2023 detached ADU (1BD/1BA). Each has its own entrance and yard. This corner-lot property's main home showcases wood flooring, dual-pane windows, and a wood-burning fireplace, along with a spacious dining room and an expanded kitchen appointed with quartz countertops, modern cabinetry, stainless steel appliances, and generous storage. Additional highlights include mirrored closet doors, an interior laundry area, and major system upgrades such as a 220-amp electrical panel, Lennox HVAC, newer paint, windows and a newer main gas line. The newly built ADU offers a private street-facing entry and its own small yard with luxury plank flooring, recessed lighting, and dual-pane windows throughout. Its kitchen features a floating bamboo floor, quartz counters, a farmhouse sink, and a charming garden window. The large bedroom includes an oversized closet, skylight and it's equipped with a Mitsubishi dual-zone climate system, updated wiring and plumbing, and energy-efficient spray-foam insulation. A two-car covered carport adds convenience, and the location places you 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, this property blends versatility, comfort, and an ideal lifestyle setting.

Property profile

Verified
Property type Duplexes
UPID US10-0959528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

386 Larmier Ave Oak View, CA 93022
Oak View metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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