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
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.
More Information MLS# 20-4162
Location Info
Country: US
Cross Street: E Ojai Ave
District: 02 - OJAI
Street #: 2464
Dir: E
Street Name: Ojai
Street Suffix: Avenue
State: CA
Postal Code: 93023
County: Ventura
Parcel Number: 028-0-120-130
Contract Info
Buyers Agent $/%: 2.5
Current Price: $9,000,000
Price: 8250000
Begin Date: 2020-10-21
Status: Closed
Property Information
For Sale/Lease: For Sale
Year Built: 1914
#Offices: 2
#Retail: 0
Total Bathrooms: 20
Apx # Acres: 34.66
TYP: Business
Total SqFt.: 40197
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.
Hot Sheet Comment: new
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.
Condition
Good: 1
Heating
GFA: 1
Cooling
A/C Central: 1
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking
Pub/Lot: 1
Status Change Info
Sold Date: 2021-06-10
Sold Price: $9,000,000
Under Contract Date: 2021-01-22
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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