506 E Oak Street, Ojai, CA

$1,750,000

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6

Beds

5

Baths

0.51

Acres

About 506 E Oak Street

Set on over half an acre in one of the most desirable neighborhoods in the beautiful Ojai Valley, this rare triplex opportunity offers endless potential in a truly exceptional setting. Surrounded by majestic Topa Topa mountain views, mature oak trees, and a peaceful park-like atmosphere, this unique property captures the essence of Ojai living while being just moments from the vibrant heart of downtown. Enjoy the convenience of walking distance to local shops, restaurants, coffee houses, art galleries, farmers markets, and everything that makes downtown Ojai so special.The property consists of three longtime rental units situated on an expansive oversized lot, creating an incredible opportunity for investors, developers, owner-users, or those seeking to create a private family compound or multi-generational retreat. All units will be delivered vacant upon transfer of ownership, allowing the next owner immediate flexibility to reimagine, renovate, expand, or design the property to fit their vision and lifestyle.Whether you're looking to preserve its charm as an income-producing investment property, create a custom estate compound, develop a luxury retreat, or capitalize on the highly sought-after Ojai market, the possibilities here are truly endless. Large parcels in this prime downtown location rarely become available, making this an extraordinary opportunity for those with vision.Don't miss your chance to own a one-of-a-kind property in the heart of Ojai -- opportunities like this do not come around often, and this one is expected to move quickly.

Features of 506 E Oak Street

MLS® # V1-36042
Price $1,750,000
Bedrooms 6
Bathrooms 5.00
Acres 0.51
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 506 E Oak Street
Area OJAI (93023)
Subdivision Downtown Ojai
City Ojai
County Ventura
State CA
Zip Code 93023

Amenities

Amenities Horse Trails
Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling N/K
Fireplace Yes

Exterior

Lot Description Curbs

Additional Information

Date Listed April 24th, 2026
Days on Market 60
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty

Listing Map

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