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
Listed by: LIV Sotheby's International Realty
$1,599,000
840 Fairview Rd, Ojai, CA 93023
5beds
2,585sqft
Duplex
Built in 1948
0.45 Acres Lot
$1,500,800 Zestimate®
$619/sqft
$-- HOA
What's special
- 347 days |
- 12 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cher-Ami Murphy DRE #02141323 805-701-2273,
LIV Sotheby's International Realty
Source: CRMLS,MLS#: V1-30899
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
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: 347 days
- Listing terms: Submit
Estimated market value
$1,500,800
$1.37M - $1.65M
$7,155/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2025 | Contingent | $1,599,000$619/sqft |
Source:  Ojai Valley BOR #224764 Report a problem | ||
| 9/3/2025 | Pending sale | $1,599,000$619/sqft |
Source:  CRMLS #V1-30899 Report a problem | ||
| 8/31/2025 | Price change | $1,599,000-5.1%$619/sqft |
Source: Ojai Valley BOR #224764 Report a problem | ||
| 8/1/2025 | Price change | $1,685,000-0.9%$652/sqft |
Source: CRMLS #V1-30899 Report a problem | ||
| 7/3/2025 | Listed for sale | $1,700,000+55.3%$658/sqft |
Source: CRMLS #V1-30899 Report a problem | ||
| 2/24/2019 | Listing removed | $1,095,000$424/sqft |
Source: Keller Williams Realty Santa Barbara #18-4159 Report a problem | ||
| 11/27/2018 | Listed for sale | $1,095,000+25.3%$424/sqft |
Source: Keller Williams Realty Santa Barbara #18-4159 Report a problem | ||
| 6/21/2004 | Sold | $874,000$338/sqft |
Source: Public Record Report a problem | ||
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% |
| 2022 | $11,619 +5.8% | $952,092 +8.2% |
| 2021 | $10,984 +10.4% | $880,000 +10% |
| 2020 | $9,953 +5.9% | $800,000 +5.3% |
| 2019 | $9,402 +0.4% | $760,000 +1.3% |
| 2018 | $9,363 +3.2% | $750,000 +3.6% |
| 2017 | $9,073 +8.9% | $724,000 +9.7% |
| 2016 | $8,333 -0.4% | $660,000 |
| 2015 | $8,367 +3% | $660,000 |
| 2014 | $8,125 | $660,000 +65% |
| 2013 | -- | $400,000 |
| 2012 | -- | $400,000 |
| 2011 | -- | $400,000 -13% |
| 2009 | -- | $460,000 -39% |
| 2007 | -- | $754,134 -5.8% |
| 2006 | -- | $800,810 +10.5% |
| 2005 | -- | $724,852 +109.7% |
| 2003 | -- | $345,648 +9.7% |
| 2002 | -- | $315,000 |
| 2001 | $4,069 +24.8% | $315,000 +29.9% |
| 2000 | $3,261 | $242,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 93023
Nearby schools
GreatSchools rating
- 6/10Mira Monte Elementary SchoolGrades: K-6Distance: 1.6 mi
- 3/10Nordhoff Jr. HighGrades: 7-8Distance: 1.2 mi
- 8/10Nordhoff High SchoolGrades: 9-12Distance: 1.2 mi
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- California
- Ventura County
- Ojai
- 93023
- 840 Fairview Rd
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