701 Ojai Street, Fillmore, California 93015, Fillmore, - bed, bath
ACTIVE$6,860,000
701 Ojai Street, Fillmore, California 93015
7Beds
4Baths
3,800Sqft
3,906,460.75Lot
Year Built
1980
Close
-
List price
$6.86M
Original List price
$6.86M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
V1-30386
Home ConditionFair
Features
Good View: Mountain(s), Orchard
Pool
ViewMountain(s), Orchard
About this home
Two parcels totaling 89.68 acres with THREE RESIDENCES. Main house is 3br/2bth with approx 1,800SF. Duplex consists of two 2BR/1BTH units with approx 1,000SF each. All three homes are currently leased month-to-month. The land has historically been dedicated to row crops but several large avocado orchards have recently been planted in the area. Two large capacity wells produced approx 1,200 and 1,000+ gpm. A one acre green house has been leased separately from the row crop land.
Price History
Date
Event
Price
06/04/25
$6,860,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (2 Listings) | |
|---|---|---|---|
| Beds | 7 | 7 | 50% |
| Baths | 4 | 4 | 50% |
| Square foot | 3,800 | 2,484 | 67% |
| Lot Size | 3,906,461 | 27,878 | 67% |
| Price | $6.86M | $695K | 67% |
| Price per square foot | $1,805 | $426 | 67% |
| Built year | 1980 | 1949 | 67% |
| HOA | |||
| Days on market | 153 | 153 | 50% |
Condition Rating
Fair
The property was built in 1980. The images show the exterior of the main house and duplexes. The exterior appears to be maintained, but the style is dated. Without interior images, it's difficult to assess the kitchen and bathroom conditions, but given the age, it's likely that they are outdated and require minor updates or repairs. The property is aged but maintained through regular upkeep and occasional updates.
Pros & Cons
Pros
Large Land Parcel: The property boasts a substantial 89.68 acres, offering significant potential for agricultural or development opportunities.
Multiple Residences: Featuring a main house and a duplex, the property provides multiple income streams and living options.
Water Resources: Two high-capacity wells (1,200 and 1,000+ gpm) ensure ample water supply for agricultural or residential use.
Income Potential: All three homes are currently leased month-to-month, providing immediate rental income.
Agricultural Potential: Historically used for row crops with recent avocado orchard development in the area, indicating strong agricultural viability.
Cons
Month-to-Month Leases: Existing leases are month-to-month, offering limited long-term income security and potential for tenant turnover.
Property Condition: The age of the structures (built in 1980) may necessitate updates or repairs to meet modern standards and tenant expectations.
High List Price: The list price of $6.86 million may limit the pool of potential buyers and require a thorough market analysis to justify the valuation.