$675,000
●
House -
Off Market
701 Grandview Avenue
Ojai, CA 93023
3 Beds
2 Baths
2,296 Ft²
$1,057,400
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Classic Ojai Ranch house meets modern & hip!! This 3 bedroom, 2
bathroom home has recently been expanded and updated throughout.
Located in the desirable Topa Topa neighborhood of Ojai, this
nearly 2,300 sq. ft. home enjoys vaulted ceilings and an open
concept layout with updated kitchen and stainless steel appliances.
The Master Bedroom has a walk-in closet and Master Bath with steam
shower. In addition to the three bedrooms, there is a huge bonus
room with walk in closet, perfect for another bedroom, office,
exercise room the possibilities are endless! You'll love the
spacious, fully fenced and private backyard with drought tolerant
landscaping and a large patio, perfect for alfresco dining. Large,
updated home on an over-sized lot that's a stone's throw to
downtown Ojai?? What more could you ask for!
Unit Size
2,296 Ft²
Days on Market
86 days
Land Size
0.22 acres
Price per sqft
$304
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 4 months ago (CRMLS #V0-218005892)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 1, 2021 | In contract | - | |
| In contract | |||
| Feb 18, 2021 | Listed | $939,000 | |
| Listed | |||
| | |||
|
Classic Ojai Ranch meets Modern & Hip!! This updated and expanded 2,296 sq ft in-town charmer offers 4 bedrooms, 2 baths, Living rm plus a Great Room with soaring ceilings in it's open-concept floor-plan with the kitchen taking center-stage! Large 9,404 sq ft fenced corner lot has private patios and plenty of room for gardening while only a short stroll to Topa Topa school and Farmers Market. The manager has listed the unit size as 2296 square feet.
| |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 9, 2018 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ojai
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Listed by: Sharon McClung, Keller Williams West Ventura County
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218005892
Last Updated: 4 months ago
Data Source: CRMLS, MLS# V0-218005892
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