$2,100,000
●
House -
Off Market
408 Canada Street
Ojai, CA 93023
3 Beds
3 Baths
2,185 Ft²
$8,814
Est. Monthly
About This Property
Located in the heart of downtown Ojai and built in 1918, this
authentic Spanish-style home offers three spacious bedrooms and
three bathrooms, along with a legal ADU - providing flexibility for
guest space, rental income, or a home office.Original architectural
details reflect the home's early character while thoughtful updates
support everyday living. The layout is functional and well suited
for a primary residence or second home, with two en-suite
bedroom/bathrooms plus a third bedroom and guest hallway bathroom.
The outdoor space allow for privacy and entertaining around the
pool, ideal for the Ojai lifestyle.A rare opportunity to own a
truly classic home in one of Ojai's most walk-able locations, with
immediate access to downtown amenities, hiking trails, and the
surrounding natural beauty.
Unit Size
2,185 Ft²
Days on Market
63 days
Land Size
0.22 acres
Price per sqft
$822
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1918
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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: 8 months ago (CRMLS #V1-34224)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by LIV Sothebys Ojai | $1,795,000 | |
| Listed by LIV Sothebys Ojai | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Ojai
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Listed by: Erik Wilde, LIV Sothebys Ojai
Last Updated: 8 months ago
Data Source: CRMLS, MLS# V1-34224
Last Updated: 8 months ago
Data Source: CRMLS, MLS# V1-34224
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