605 East Oak Street Ojai, CA 93023

$1,899,000 7 Bedrooms5 Full Baths3,412 sq. ft.

605 East Oak Street Ojai, CA 93023

Downtown Ojai Multi-Family
Year Built: 1950
Interior: 3,412 sq. ft. (approx.)
Lot Size: 16,600 sq. ft. (approx.)
Land: 0.38 acres (approx.)
Web #: 0114192
MLS ID: 217006735

Fantastic income-generating multi-family property on over a 1/3 of an acre in downtown Ojai. Front duplex consists of 2, 1 bedroom/1 bath units, each renting for $2,100/month. Upgrades include: Copper plumbing, dual pane windows, newer electrical panel, Italian ceramic flooring, newer appliances and exterior stucco. Back unit consists of 1, 3 bedroom/2bath, at $2,700/month and 1, 2 bedroom/1bath, at $2,500/month. Upgrades similar to front unit with addition of newer laminate flooring, maple butcher block countertops and large fenced backyard. Seller states property was previously used as an Assisted Living facility and may still be a possibility. Approximately 4% cap rate at list price and Seller ready to sell! List of upgrades and investment analysis available upon request.

Rosalie Zabilla

m: (805) 455-3183
o: (805) 969-9993




Interior Features

Bedroom Information
# of Bedrooms: 7

Bathroom Information
# of Full Bathrooms: 5

Exterior Features

Type of Property
Multiple Units

This material is based upon information which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such. This offering is subject to errors, omissions, changes including price or withdrawal without notice. EQUAL HOUSING OPPORTUNITY