2464 E Ojai Avenue, OJAI, CA 93023 (MLS# 20-4162)

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2464 E Ojai Avenue, OJAI, CA 93023

$9,000,000

Property Type: Commercial Sale Baths: 20 Square Footage: 40,197 Lot Size (sq. ft.): 1,509,790 Status: Closed

Current Price: $9,000,000 List Date: 10/22/2020 Last Modified: 9/17/2024

Overview

Description

A rare opportunity in prime Ojai. Currently utilized as a religious senior retirement facility, this property features 10 buildings, with a combined 40,200 square feet on 3 parcels zoned RE-10 AC/TRU/DKS, (Rural Exclusive-Minimum 10- Acre Lot Size) totaling 35 acres. The buildings are located on an 8.72 acre site and the remaining 26 acres are irrigated orange groves. The facility operates under a 20-year term Conditional Use Permit and is located in a desirable, low-density residential area of Ojai, .5+/- from, downtown. There are approximately 73 marked parking spaces with an additional open paved parking area. The property has 16 one-bedroom senior living units. An architectural modernist chapel is centrally located on the property.

Supplements: Structures include a 14,050 square foot building currently under reconstruction as a 23-room (with private bathrooms) assisted living facility. There is also a 61-year-old, 11,066 square foot skilled nursing building which is partially vacant. The property includes 3 APNs: 020-0-120-230,028-0-120-130, and 028-0-120-240.

Listing Details MLS# 20-4162

Location Info

District: 02 - OJAI
Street #: 2464
Dir: E
Street Name: Ojai
Street Suffix: Avenue
State: CA
Country: US
Postal Code: 93023
County: Ventura
Parcel Number: 028-0-120-130
Cross Street: E Ojai Ave

Contract Info

Price: 8250000
Buyers Agent $/%: 2.5
Begin Date: 2020-10-21

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 1914
#Offices: 2
Total Bathrooms: 20
Total SqFt.: 40197
Apx # Acres: 34.66
#Retail: 0

Owner Info

Deposit: 3

Remarks

COVID Showing Remarks: We have adopted the CAR Mandatory Gov't Showing Requirements and Best Practices(BPPP). Prior to showing, send electronically to the listing agent the CAR PEAD-V form signed by all visitors. Persons visiting the property must agree to the Posted Rules for Entry (PRE) which is included in the MLS supplement section. Masks required.
Directions: Take Ojai Avenue (HWY 150) east, through downtown. The property will be on your left. Please do not go on property unless accompanied by listing agent.
Hot Sheet Comment: new

Status Change Info

Sold Date: 2021-06-10
Under Contract Date: 2021-01-22

More Information

Condition

Good: Yes

Heating

GFA: Yes

Cooling

A/C Central: Yes

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking

Pub/Lot: Yes

Property Features

Zoning: Other Condition: Good Parking: Pub/Lot Cooling: A/C Central Heating: GFA Terms: Cash; Conventional Listing Type: ER

Documents

COVID Rules of Entry ›

Listing Office: Compass

Last Updated: September - 17 - 2024

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