561 Tico Road, Ojai, California 93023, Ojai, - bed, bath

home-pic
ACTIVE$1,199,900
561 Tico Road, Ojai, California 93023
5Beds
4Baths
1,523Sqft
19,602Lot
Year Built
1938
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30852
Home ConditionPoor
Features
Good View: Mountain(s), Trees/Woods
ViewMountain(s), Trees/Woods

About this home

Set on a spacious 19,602 sq ft lot beneath mature oak trees, this distinctive property offers an inspiring blend of character, space, and versatility. The single-level 1,523 sqft main residence features a large living room, two bedrooms, two bathrooms, two fireplaces, laundry area, and a generous den--ideal for an office, studio, or guest use. Enjoy serene views of the nearby barranca and a natural indoor-outdoor flow to the peaceful backyard.In addition to the main home, the property includes two separate living spaces: a detached studio and a 1-bedroom, 1-bathroom apartment above the usable two-car garage--perfect for extended guests, rental income, or multi-generational living. A half-circle driveway offers easy entry and exit, and there's ample room for parking. While the main house invites cosmetic updates, it provides a canvas full of potential to personalize and transform. Conveniently located near the Ojai Preserve and Oak Grove School. This is a rare opportunity to own a property that combines natural beauty, lifestyle flexibility, and future potential--all in one of Ojai's desirable areas. ***Please do not approach the tenant or apartment above the garage***

Price History

Date
Event
Price
07/17/25
Listing
$1,199,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (82 Listings)
Beds53
95%
Baths42
86%
Square foot1,5231,517
51%
Lot Size19,60210,890
57%
Price$1.2M$1.13M
53%
Price per square foot$788$765
57%
Built year19381963
10%
HOA
Days on market111195
16%
Condition Rating
Poor

Built in 1938, this property requires substantial rehabilitation. The kitchen is extremely dated with original or very old dark wood cabinets, worn laminate countertops, an old sink, severely outdated linoleum flooring, and peeling wallpaper. Other areas feature dated wood paneling, worn laminate flooring, and old, stained carpeting. While the description mentions 'cosmetic updates,' the extent of these updates, especially a full kitchen and likely bathroom renovation, constitutes substantial repairs and rehabilitation to bring the home to modern standards. Major systems like heating (visible wall heaters) are also likely outdated.
Pros & Cons

Pros

Income & Versatility Potential: The property includes two separate living spaces (a detached studio and a 1-bedroom apartment above the garage), offering significant potential for rental income, multi-generational living, or extended guest accommodations.
Expansive Lot & Natural Setting: Set on a spacious 19,602 sq ft lot beneath mature oak trees, the property provides a private, serene, and natural environment with ample outdoor space.
Desirable Ojai Location: Conveniently located in a sought-after Ojai area, close to the Ojai Preserve and Oak Grove School, enhancing its appeal and lifestyle benefits.
Flexible Main Residence Layout: The 1,523 sqft single-level main home features a generous den, providing versatile space ideal for an office, studio, or additional guest use.
Character & Serene Views: A distinctive property offering serene views of the nearby barranca and a natural indoor-outdoor flow to a peaceful backyard, contributing to its unique charm.

Cons

Requires Cosmetic Updates: The main house 'invites cosmetic updates,' indicating a need for immediate investment to modernize and personalize the interior to current standards.
Tenant Occupancy Restrictions: The apartment above the garage is tenant-occupied, which may complicate immediate owner use, showings, or inspections due to tenant rights and privacy.
Property Age & Potential Maintenance: Built in 1938, the property's age suggests that major systems and components may be original or older, potentially requiring significant maintenance, repairs, or upgrades in the near future.

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