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    Property profile & analytics

    401 Ojai Ave Ojai, CA 93023-2818

    • Turn key restaurants
    • 1,044 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $985,000
    Last Sale
    Oct 27, 2022
    $1,000,000
    Location Intelligence
    Property ID
    US10-1031594
    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

    • The Nest / American Restaurant

    Property Details for 401 Ojai Ave

    Year built
    2015
    Lot size
    0.25 lot acres
    Property size
    1,044 SF
    Zone code
    C1
    Property type
    Turn key restaurants
    APN
    023-0-110-440
    APU
    230110440

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $870,000
      6.5%
      $935,000
      7%
      $805,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $770,000
      Geo Method
      $850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,040,000
      Retail
      $970,000
      Mixed-Use
      $840,000
      Hospitality
      $840,000
      Educational
      $850,000
      Residential Income
      $860,000
      Energy
      $955,000
      Income-Based Land
      $990,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Ojai
    County
    Ventura
    State
    California
    Longitude
    -119.243
    Latitude
    34.4477
    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
    $10,913
    $464,796
    $200,205
    $665,001
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,055,000
      3,857 SF

      842 Ojai Ave

      RESTAURANT • 3,857 SF
      842 Ojai Ave, Ojai, CA 93023-2903
      View Details
    • Value Estimation
      $295,000
      1,658 SF

      849 Ojai Ave

      RESTAURANT • 1,658 SF
      849 Ojai Ave, Ojai, CA 93023-2902
      View Details
    • Value Estimation
      $475,000
      5,107 SF

      211 Ojai Ave

      RESTAURANT • 5,107 SF
      211 Ojai Ave, Ojai, CA 93023-3213
      View Details
    • Value Estimation by Request
      980 SF

      205 Signal St

      RESTAURANT • 980 SF
      205 Signal St, Ojai, CA 93023-2642
      View Details
    • Value Estimation
      $275,000
      1,102 SF

      254 Ojai Ave

      RESTAURANT • 1,102 SF
      254 Ojai Ave, Ojai, CA 93023-2737
      View Details
    • Value Estimation by Request
      2,366 SF

      502 Ojai Ave

      RESTAURANT • 2,366 SF
      502 Ojai Ave, Ojai, CA 93023-2446
      View Details

    Similar Nearby for Sale

    • $2,099,000

      Established Restaurant in Downtown Ojai

      Turn-key restaurant in prime downtown Ojai location.
      108 S Montgomery St, Ojai, CA 93023
      View Details
    • $1,995,000
      2,300 SF

      Iconic Ojai Restaurant Redevelopment

      Prime Ojai location, vacant, needs renovation.
      502 Ojai Ave, Ojai, CA 93023
      View Details
    • $3,999,000
      1,736 SF

      Downtown Ojai Commercial Real Estate

      High-visibility commercial property in downtown Ojai, adjacent to luxury hotel.
      110 W Ojai Ave, Ojai, CA 93023
      View Details
    • $2,349,000

      Established Bar with Rental Income

      Profitable bar with three rental units in Meiners Oaks.
      279 N Lomita Ave, Ojai, CA 93023
      View Details
    • $2,995,000
      16,000 SF

      Ojai Redevelopment Opportunity

      Prime 1.65-acre Ojai site, 16,000 sq ft.
      1202 Ojai Ave, Ojai, CA 93023
      View Details
    • $3,250,000

      Prime Ojai Land Opportunity

      Two adjoining lots in Ojai with income and development potential.
      205-209 N Signal St, 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

    Property Visit Statistics

    • Visits by month
      18.4k
    • Visitors by month
      8.5k
    • Avg Time on site
      9 min
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    401 Ojai Ave
    Ojai, CA 93023-2818
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    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
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