OFF MARKET

Off market jul 2024 for $2.6M

—

Est. refi paymentEst. refi $12,912/mo

•

—

sq ft

407 N Ojai Rd, Santa Paula, CA 93060

About this home

Completely renovated ''inside and out'' in 2022, this 5% cap 8-unit property is situated within a gated community that offers its tenant community privacy and security. With its highly desired individual 3 Bedroom cottage-style units that offer laundry hook-ups, this apartment community has been able to generate generous rents of about $2,400/unit. Its gross annual rent of $232,000 on the asking price of $2,895,000 equates to a 12.5 GRM. Specific property updates include all new electrical, plumbing, interior flooring, walls, bathrooms, and kitchens. This property will undoubtedly appeal to those investors seeking a ''turnkey'' investment in the strong rental community of Santa Paula.

Multi-familyProperty Type

1940Year Built

Listed by Apartment Investment Specialists Lieberman •DRE #00682741 • Apartment Investment Specialists

Bought with Associate, Beachside Partners Henry •DRE #01748131 • Beachside Partners

Redfin checked: 2 minutes ago

•Source:SBMLS #23-3326

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 93060, CA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

+0.2% MoM

Median sale price

$745K

$3K MoM

Avg. days on market

60d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 14 HRS AGO
$495,000
2 beds1.5 baths978 sq ft
10 Bahia Cir #10, Santa Paula, CA 93060
$99,500
2 beds1.5 baths500 sq ft
1500 Richmond Rd #55, Santa Paula, CA 93060
$4,195,000
4 beds3.5 baths5,728 sq ft
747 Barr Highland Ln, Santa Paula, CA 93060
$660,000
4 beds3 baths1,970 sq ft
301 Allen Dr, Santa Paula, CA 93060
COMING SOON
$530,000
2 beds2 baths1,632 sq ft
975 W Telegraph Rd #79, Santa Paula, CA 93060
Century 21 Masters
$459,900
2 beds2 baths1,051 sq ft
238 March St #2, Santa Paula, CA 93060
Real Broker
$265,000
2 beds2 baths1,348 sq ft
500 W Santa Maria St #31, Santa Paula, CA 93060
$769,000
4 beds3.5 baths2,189 sq ft
2130 Harvest Loop, Santa Paula, CA 93060
$736,000
4 beds2 baths1,827 sq ft
425 Morrison Ln, Santa Paula, CA 93060
See all

Provided by Redfin

Sale history for 407 N Ojai Rd

Date

Event

Price

RENT. #3

Aug 7, 2024

Rental Removed

$2,650

Jul 30, 2024

Listed for Rent

$2,650

Public Records

Jul 16, 2024

Sold

$2,692,000

SBMLS #23-3326

Jul 16, 2024

Sold

$2,691,620

May 3, 2024

Pending

—

May 2, 2024

Listing Removed

—

Mar 3, 2024

Relisted

—

Mar 3, 2024

Listing Removed

—

Nov 13, 2023

Price Changed

$2,895,000

Nov 3, 2023

Listed

$2,950,000

CRMLS #V1-20740

Jul 16, 2024

Sold

$2,691,620

May 3, 2024

Relisted

—

May 2, 2024

Listing Removed

—

Mar 3, 2024

Relisted

—

Mar 2, 2024

Listing Removed

—

Nov 13, 2023

Price Changed

$2,895,000

Nov 2, 2023

Listed

$2,950,000

Completely renovated 'inside and out' in 2022, this 5% cap 8-unit property is situated within a gated community that offers its tenant community privacy and security. With its highly desired individual 3 Bedroom cottage-style units that offer laundry hook-ups, this apartment community has been able to generate generous rents of about $2,400/unit. Its gross annual rent of $232,000 on the asking price of $2,895,000 equates to a 12.5 GRM. Specific property updates include all new electrical, plumbing, interior flooring, walls, bathrooms, and kitchens. This property will undoubtedly appeal to those investors seeking a 'turnkey' investment in the strong rental community of Santa Paula.

APPFOLIO #2

Jun 11, 2024

Rental Removed

$2,650

Jun 10, 2024

Listed for Rent

$2,650

Jun 4, 2024

Rental Removed

$2,650

May 22, 2024

Listed for Rent

$2,650

APPFOLIO #1

Dec 14, 2023

Rental Removed

$2,550

Dec 8, 2023

Listed for Rent

$2,550

Nov 10, 2023

Rental Removed

$2,550

Nov 6, 2023

Listed for Rent

$2,550

CRMLS #V1-16769

May 9, 2023

Listing Removed

—

Mar 29, 2023

Contingent

—

Mar 9, 2023

Price Changed

$2,949,900

Feb 13, 2023

Listed

$2,950,000

SBMLS #23-374

Mar 29, 2023

Listing Removed

—

Mar 9, 2023

Price Changed

$2,949,900

Feb 13, 2023

Listed

$2,950,000

CRMLS #V1-8271

Nov 30, 2021

Sold

$1,475,000

Sep 19, 2021

Pending

—

Sep 8, 2021

Listed

$1,475,000

Year

Property tax

Land + Additions

Assessment*

2025

$30,602 (+72.1%)

$612,000 + $2,129,372

$2,741,372

2024

$17,786 (+2.1%)

$600,000 + $2,087,620

$2,687,620

2023

$17,412 (+3.0%)

$624,240 + $906,188

$1,530,428

2022

$16,912 (+704.5%)

$612,000 + $888,420

$1,500,420

2021

$2,102 (+0.4%)

$600,000 + $871,000

$1,471,000

2020

$2,093 (+5.5%)

$73,206 + $98,319

$171,525

2019

$1,983 (+1.2%)

$72,456 + $97,312

$169,768

2018

$1,959 (−1.1%)

$71,036 + $95,404

$166,440

2017

$1,981 (+6.1%)

$68,279 + $91,700

$159,979

2016

$1,867 (+4.4%)

$68,279 + $91,700

$159,979

2015

$1,788 (−1.5%)

$66,941 + $89,902

$156,843

2014

$1,815 (+0.2%)

$64,647 + $86,818

$151,465

2013

$1,812 (+3.4%)

$64,647 + $86,818

$151,465

2012

$1,752 (+0.9%)

$64,355 + $86,427

$150,782

2011

$1,737 (+0.9%)

$63,094 + $84,733

$147,827

2010

$1,722 (+2.5%)

$61,857 + $83,072

$144,929

2009

$1,680 (+0.7%)

$61,396 + $82,452

$143,848

2008

$1,669

$61,543 + $82,649

$144,192

Tax history for 407 N Ojai Rd

Year

Property tax

Land + Additions

Assessment*

2025

$30,602 (+72.1%)

$612,000 + $2,129,372

$2,741,372

2024

$17,786 (+2.1%)

$600,000 + $2,087,620

$2,687,620

2023

$17,412 (+3.0%)

$624,240 + $906,188

$1,530,428

2022

$16,912 (+704.5%)

$612,000 + $888,420

$1,500,420

2021

$2,102 (+0.4%)

$600,000 + $871,000

$1,471,000

2020

$2,093 (+5.5%)

$73,206 + $98,319

$171,525

2019

$1,983 (+1.2%)

$72,456 + $97,312

$169,768

2018

$1,959 (−1.1%)

$71,036 + $95,404

$166,440

2017

$1,981 (+6.1%)

$68,279 + $91,700

$159,979

2016

$1,867 (+4.4%)

$68,279 + $91,700

$159,979

2015

$1,788 (−1.5%)

$66,941 + $89,902

$156,843

2014

$1,815 (+0.2%)

$64,647 + $86,818

$151,465

2013

$1,812 (+3.4%)

$64,647 + $86,818

$151,465

2012

$1,752 (+0.9%)

$64,355 + $86,427

$150,782

2011

$1,737 (+0.9%)

$63,094 + $84,733

$147,827

2010

$1,722 (+2.5%)

$61,857 + $83,072

$144,929

2009

$1,680 (+0.7%)

$61,396 + $82,452

$143,848

2008

$1,669

$61,543 + $82,649

$144,192

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

—

Sq. Ft.

—

Year built

1950

Style

Other

County

Ventura County

APN

1010141265

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 24, 2026.

R-3

Medium-High Density Residential Zone

The R-3 zone provides areas to accommodate apartments, condominiums, townhomes, and other multi-family dwellings, although single-family and duplex residences are also permitted. Multi-family developments in this zone are characterized by dwellings containing private open space features, as well as common open space and recreational amenities. The maximum permitted density is 21 units per acre.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Mobile home park

Property details

Exterior

Property Information
Property Condition: Excellent

Lot Information
Zoning: R-3

Location

Unit 1 Information
# of Units: 5
# of Bedrooms: 3
# of Baths (Total): 1
Rent: $2,395
Monthly Total: $11,975
Furnished: N

Unit 2 Information
# of Units: 1
# of Bedrooms: 3
# of Baths (Total): 1
Rent: $2,350
Monthly Total: $2,350

Unit 3 Information
# of Units: 2
# of Bedrooms: 3
# of Baths (Full): 1
Rent: $2,495
Monthly Total: $4,990

Multi-Unit Information
# Of Units (Total): 8

School Information
Elementary School: Other
Middle Or Junior School: Other
High School: Other

Location Information
Cross Street: Saticoy Street

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.4 acres
Style: Other
Year Built: 1950
Year Renovated: —
County: Ventura County
APN: 1010141265

Home facts updated by county records on Sep 24, 2026

Around this home

Schools

Barbara Webster Elementary

Public K-6 • Assigned • 0.1mi

3/10

Isbell Middle

Public 7-8 • Assigned • 0.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

7/10 Fire Factor

23% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 92° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

12 unhealthy days expected this year, 14 days in 30 years

Provided by First Street

Historical weather

Santa Paula, CA • 93060

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

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New listings for sale in 93060

NEW 14 HRS AGO

$495,000

2 beds1.5 baths978 sq ft

10 Bahia Cir #10, Santa Paula, CA 93060

$99,500

2 beds1.5 baths500 sq ft

1500 Richmond Rd #55, Santa Paula, CA 93060

$4,195,000

4 beds3.5 baths5,728 sq ft

747 Barr Highland Ln, Santa Paula, CA 93060

$660,000

4 beds3 baths1,970 sq ft

301 Allen Dr, Santa Paula, CA 93060

COMING SOON

$530,000

2 beds2 baths1,632 sq ft

975 W Telegraph Rd #79, Santa Paula, CA 93060

Century 21 Masters

$459,900

2 beds2 baths1,051 sq ft

238 March St #2, Santa Paula, CA 93060

Real Broker

$265,000

2 beds2 baths1,348 sq ft

500 W Santa Maria St #31, Santa Paula, CA 93060

$769,000

4 beds3.5 baths2,189 sq ft

2130 Harvest Loop, Santa Paula, CA 93060

$736,000

4 beds2 baths1,827 sq ft

425 Morrison Ln, Santa Paula, CA 93060

Home values near 407 N Ojai Rd

Data from public records.

Address	Redfin Estimate
404 Ojai Rd, Santa Paula, CA - Beds \| - Baths \| 3417 Sq. Ft.	—
432 Ojai Rd, Santa Paula, CA - Beds \| - Baths \| 1959 Sq. Ft.	$658,657

Address	Redfin Estimate
402 Ojai Rd, Santa Paula, CA 2 Beds \| 1 Baths \| 768 Sq. Ft.	$480,613
426 Ojai Rd, Santa Paula, CA 6 Beds \| 3 Baths \| 2352 Sq. Ft.	$750,860

Address	Redfin Estimate
352 Ojai Rd, Santa Paula, CA 4 Beds \| 2 Baths \| 1404 Sq. Ft.	$794,375
427 Ojai Rd, Santa Paula, CA - Beds \| - Baths \| 6400 Sq. Ft.	—

Property information provided by undefined .

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About this home

Redfin Estimate

Market trends in 93060, CA

Sale history for 407 N Ojai Rd

Tax history for 407 N Ojai Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 93060

Home values near 407 N Ojai Rd

More real estate resources