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Property profile & analytics

715 Ojai Ave Ojai, CA 93023-2824

  • Turn key restaurants
  • 1,996 SF
  • 0.22 lot acres
OFF-MARKET
Value Estimation
$460,000
Last Sale
Jan 02, 2025
$475,000
Location Intelligence
Property ID
US10-1030191
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

  • Turn key restaurants

Property Details for 715 Ojai Ave

Year built
1930
Lot size
0.22 lot acres
Property size
1,996 SF
Zone code
C1
Property type
Turn key restaurants
APN
023-0-150-060
APU
230150060

Description

This exceptional freestanding restaurant in Ojai, California, presents a unique investment opportunity. Located at 715 E Ojai Ave, 93023, this single-tenant property boasts a total of 1,920 square feet, including a 670 square foot patio area. Built in 1930, the building sits on a 0.22-acre lot and offers ample parking with 9 spaces. The property's prime location on a main avenue ensures high visibility and significant foot traffic, making it ideal for a thriving restaurant business. The building is fully equipped for immediate operation, offering a turnkey solution for prospective buyers. An added benefit is the inclusion of an ABC Type 47 license, available for purchase, along with active business licenses that can be purchased or transferred. This presents a rare chance to acquire an established restaurant with all necessary permits and equipment in place, minimizing start-up costs and maximizing potential returns. The single-story building offers a functional layout and the expansive patio provides additional seating and outdoor dining space. This property is ready for a new owner to step in and continue its success or to implement their own culinary vision. Don't miss this chance to own a piece of Ojai's vibrant culinary scene.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $475,000
  • CAP approach

    CAP return
    Estimation
    6%
    $415,000
    6.5%
    $475,000
    7%
    $410,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $405,000
    Geo Method
    $470,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $420,000
    Retail
    $460,000
    Mixed-Use
    $455,000
    Hospitality
    $415,000
    Educational
    $440,000
    Residential Income
    $440,000
    Energy
    $400,000
    Income-Based Land
    $445,000
    Food Service
    $415,000

Location Insight

  • Map
  • Local Demand
City
Ojai
County
Ventura
State
California
Longitude
-119.239
Latitude
34.448
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
$9,925
$348,470
$313,615
$662,085
-
$0.00
$0.00
$0.00
More about this property
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