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248 Old Grade Rd
Oak View, CA 93022

$1,900,000 USD

Land For Sale • 1.73 AC

Property Details

Property Type Land
Lot Size 1.73 AC
Zoning CPD

0 Transit Score

62 Walk Score

Description

Fantastic opportunity to own two homes and an approx. 1300sqft workshop on almost two acres in the Ojai Valley! Unit A is 1 bed, 1 bath and Unit B is 2 bed, 1 bath. The workshop has huge loading doors, loft storage and a 1/4 bath. The commercial zoning (CPD) allows for both residential and business use, including the potential for developments that incorporate live/work opportunities or multi-family housing. Very rare to find such a large parcel with proximity to a major thoroughfare, offering amazing development potential as well as the possibility of immediate rental income. Make an appointment to visit this rare find, soon!

                
                    Highlights
                
                                Proximity to Highway and Downtown Ojai
                            
                                Large lot
                            
                                Tidy Rentals

Financial Summary (Proforma)

Net Operating Income: $32,000 USD (2024)

Total Expenses:

$34,000 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Ventura Amtrak (Metrolink Ventura County Line - Amtrak, Pacific Surfliner - Amtrak)	15 min	-	9.4 mi

Rosalie Zabilla 805-455-3183 Sotheby's International Realty

248 Old Grade Rd Oak View, CA 93022