Rare Ojai Investment Property - Two Permitted Homes + StudioA unique opportunity to own two fully permitted single-family homes plus a permitted attached studio, all in excellent condition on a spacious, private lot just minutes from downtown Ojai.With high rental demand and strong long-term rental values in Ojai, this property offers outstanding income potential. Whether you're an investor seeking stable monthly returns or a buyer looking to offset your mortgage, 840 Fairview Road delivers.The front home is just over 1,200 sq ft, offering 2BD/1BA, an open layout, and a screened-in porch perfect for indoor-outdoor living. The rear home is just over 1,250 sq ft, featuring 2BD/2BA, including a stunning skylit bath and a private patio with outdoor shower off the primary suite -- ideal for premium long-term rental or owner occupancy.The permitted attached studio adds flexible use options for a guest suite, home office, or additional rental income. Two large storage sheds offer extra space for tools, hobbies, or tenant use.All units are in move-in condition, with multiple rental configurations possible. Live in one and rent the others -- or lease all three. With strong local rental values, this is a turn-key income property in one of Ojai's most desirable locations. The possibilities are endless.
Pending
Listing Provided by:
Cher-Ami Murphy DRE #02141323 805-701-2273,
LIV Sotheby's International
$1,599,000
840 Fairview Rd, Ojai, CA 93023
5beds
2,585sqft
Est.:
Duplex
Built in 1948
0.45 Acres Lot
$1,494,900 Zestimate®
$619/sqft
$-- HOA
What's special
- 164 days |
- 22 |
- 4 |
Zillow last checked: 8 hours ago
Listing updated: September 03, 2025 at 11:05am
Listing Provided by:
Cher-Ami Murphy DRE #02141323 805-701-2273,
LIV Sotheby's International
Source: CRMLS,MLS#: V1-30899
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Kitchen, Laundry, Living Room
Heating
- Forced Air
Cooling
- Central Air, Dual
Appliances
- Laundry: Laundry Room, Outside
Features
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom
- Common walls with other units/homes: No One Above
Interior area
- Total interior livable area: 2,585 sqft
Property
Parking
- Total spaces: 4
- Parking features: Covered
- Carport spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Screened
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.45 Acres
- Features: Sprinklers None
Details
- Parcel number: 0170020090
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking
Location
- Region: Ojai
Financial & listing details
- Price per square foot: $619/sqft
- Tax assessed value: $1,010,366
- Annual tax amount: $12,515
- Date on market: 7/2/2025
- Cumulative days on market: 164 days
- Listing terms: Submit
Estimated market value
$1,494,900
$1.36M - $1.64M
$6,632/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2025 | Contingent | $1,599,000$619/sqft |
Source: | ||
| 9/3/2025 | Pending sale | $1,599,000$619/sqft |
Source: | ||
| 8/31/2025 | Price change | $1,599,000-5.1%$619/sqft |
Source: | ||
| 8/1/2025 | Price change | $1,685,000-0.9%$652/sqft |
Source: | ||
| 7/3/2025 | Listed for sale | $1,700,000+55.3%$658/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,515 +6.2% | $1,010,366 +2% |
| 2024 | $11,789 | $990,555 +2% |
| 2023 | $11,789 +1.5% | $971,133 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,791/mo
Principal & interest
$7765
Property taxes
$1466
Home insurance
$560
Climate risks
Neighborhood: 93023
Nearby schools
GreatSchools rating
- 4/10Mira Monte Elementary SchoolGrades: K-5Distance: 1.6 mi
- 4/10Matilija MiddleGrades: 6-8Distance: 1.7 mi
- 9/10Nordhoff High SchoolGrades: 9-12Distance: 1.3 mi
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