Nestled in the Ojai Valley near the heart of downtown Ojai in a lovely residential neighborhood, is this Beautiful twelve-unit property in very good condition ? entire exterior just painted and interiors refurbished as tenants change! Consisting of nine 1-bedroom units and 3 studios, this is a unique and quality property. Gated with a perimeter stucco wall that creates privacy and security, the courtyard is beautifully landscaped with drip system for plants, sprinklers for grass, BBQ grill, pergola covered patio and plenty of furniture for relaxing or entertaining. Tenants are long term based on generous rental terms. Market rents are substantially higher than current rents. Current rents are very low at $11,298 per month. Pro forma rents should be $16,200 or more per month. Ample parking with easy access and laundry room on ground level. There are several storage areas for whatever you need to store. Each unit has an air conditioner or a swamp cooler ? a few have both! Sellers have owned the property for more than 15 years and have protected their investment by maintaining it impeccably! Pride of ownership is apparent here. Truth be told ? NOTHING ELSE COMPARES!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
