$1,349,000
●
Condo -
For Sale
407 Bryant Circle #A
Ojai, CA 93023
Studio
0 Bath
$6,624
Est. Monthly
About This Property
Ojai trophy office/ Industrial Park. New Ojai Funk zone will allow
a larger variety of uses including Wineries, Galleries,
Dispensaries. Ideal owner/user property as all tenants on short
term leases for potential owner/ user, or lease up and keep as an
investment property. Cost is less than replacement costs, and
barriers to entry in Ojai make this impossible to duplicate.
Current tenants include Custom Glass design shoppe, Children's
learning center, and Wine import business. This building is part of
the Ojai Business Center complex. Tons of available parking both on
site and on the street. Previous owners plans and applications to
the City of Ojai for conversion to residential/ live work spaces
area are available and would create a huge profit potential.
Seller will finance with 25% down payment at 7% for five years.
Unit Size
-
Days on Market
469 days
Land Size
0.38 acres
Price per sqft
-
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
Listed By
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Monthly Rental Income
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #SR25154957)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2025 | Listed by Land & Real Estate Investments | $1,349,000 | |
| Listed by Land & Real Estate Investments | |||
| Apr 17, 2023 | No longer available | - | |
| No longer available | |||
| Apr 5, 2023 | Listed by eXp Realty of California Inc. | $1,499,999 | |
| Listed by eXp Realty of California Inc. | |||
| | |||
|
For sale or TRADE!!! Amazing opportunity for an investor or owner user to get a high-quality construction excellently designed perfectly laid out building for your real estate portfolio. Seller will consider a trade or straight sale. On a trade seller will look at land, a condo, a home, commercial property, or what do you have to trade?Ojai Valley Business Park just down from E Ojai Avenue Aka Hwy 150 in the beautiful relaxing kick back mellow community of Ojai. It doesn't get much better.14 parking spaces, on a 16,464-sf lot sits this gorgeous 3,361 sf building you must see!!! Over 1/3rd of an acre.Walk to the Soule Park Golf Course or drive to eat at the large array of quality restaurants.Beautiful building has a few separate offices. You do not want to miss this magical opportunity in one of California's top communities.
| |||
Property Highlights
Air Conditioning
Interior Details
Laundry Features: None
Exterior Details
Security Features: Security System, Smoke Detector(s)
Year Built: 2004
Building Area Total: 3350
Building Area Units: Square Feet
Lot Features: Irregular Lot, Level, ZeroToOneUnitAcre, StreetLevel
Lot Size Area: 16552
Lot Size Units: Square Feet
Lot Size Acres: 0.38
Lot Size Square Feet: 16552
Water Source: Public
Financial Details
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/09/2022
| |
Loft
|
-
|
3361 ft²
|
$1,600,000
Loft
-
3361 ft²
|
-
-
|
Donald Pistotnik
Land & Real Estate Investments
|
|
04/05/2023
|
Loft
|
-
|
-
|
$1,499,999
Loft
-
|
-
-
|
Albert M Goldberg
Albert Goldberg
|
Building Info
About Ojai
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Listed by: Donald Pistotnik, Land & Real Estate Investments
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25154957
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR25154957
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