12246 Sisar Rd
Ojai, CA 93023
- 7 Beds
- 6 Baths
- 3,452 sqft (on 1.42 acres)
7 Beds
6 Baths
3,452 sqft
(on 1.42 acres)
Local Information
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Description
*WAGON WHEEL RANCH* -Rare Detached Ranch Compound on 1.42 Acres Six fully detached residential structures on a sprawling ranch-style lot in the Ojai Valley. Each unit operates as a standalone building, delivering a compound experience that commands strong tenant retention and is virtually unreplicable in today's entitlement environment. At $300,000/unit and a land basis well below current Ojai Valley acquisition costs, the offering presents a compelling entry point. -Substantial Recent Capital Investment Significantly Improved Condition (20242026) Following a recent ownership consolidation, the current owner has executed a comprehensive capital improvement program across the property between 2024 and 2026. Completed upgrades include new roofs, full electrical system upgrades, updated heating systems, refreshed paint, renovated bathrooms, and new flooring throughout, as well as professional tree removal completed in response to insurance requirements. While the property retains additional value-add potential, the heavy lifting of core infrastructure and cosmetic upgrades has been completed, reducing buyer risk and near-term capital requirements relative to its prior condition. -Significant Rental Upside with No Local Rent Control Located in unincorporated Ventura County, the property falls outside the City of Ojai's Rent Stabilization Ordinance entirely. Rent increases are governed solely by AB 1482, which caps annual increases at 5% plus local CPI, and vacancy decontrol allows rents to reset fully to market upon turnover. With in-place rents averaging approximately $1,734/month against an Ojai market average closer to $2,733+/month, there is substantial and immediately accessible upside on lease renewals and unit turns. -Diverse Unit Mix Serving Multiple Renter Profiles The current owner pays trash and water utilities on behalf of tenants, meaning a buyer who pursues a utility billing recovery program (RUBS or individual metering) has a direct and meaningful path to improving NOI without raising a single rent. This represents an operational upside lever that is entirely independent of market conditions. -Supply-Constrained Lifestyle Market with Durable Rental Demand Ojai's combination of limited developable land, high barriers to new supply, and sustained demand from tourists, wellness travelers, and remote workers creates a rental market with structural vacancy resistance. The property sits against the Topatopa Mountain backdrop with downtown Ojai and Santa Paula both within 10 minutes, and Los Angeles roughly 80 miles south. -Value-Add Upside on a Substantially Improved Foundation Built in 1947 and held under private long-term ownership, the below-market rent roll is a product of tenure, not neglect. With roofs, electrical, heating, bathrooms, flooring, and paint all addressed between 2024 and 2026, a new owner inherits a meaningfully upgraded asset and can focus entirely on executing the rent upside strategy through lease renewals, unit turns, and utility recovery rather than managing capital projects.
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Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$521
Listed
67 days ago
Home Details for 12246 Sisar Rd
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 6 |
Dimensions and Layout Living Area: 3452 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Levels: One |
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Exterior Home Features Other Structures: Other |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Other |
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Days on Market: 67 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 0300100245 |
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Price List Price: $1,800,000Price Per Sqft: $521 |
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MLS Status: Active |
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Direction & Address City: Ojai |
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Listing Agent Listing ID: 26729085 |
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Building Area Building Area: 3452 Square Feet |
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Lot Area: 1.424 Acres |
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Special Conditions: Standard |
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Mls Number: 26729085Listing Url |
Last check for updates: about 14 hours ago
Listing courtesy of Daniel Withers DRE # 01325901, (818) 923-6107
Matthews Real Estate Investment Services, (866) 889-0550
Source: CLAW, MLS#26729085

Also Listed on CRMLS.
Market trends in Santa Paula
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
54
Price History for 12246 Sisar Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 04/15/2026 | $1,800,000 | Listed For Sale | CLAW #26729085 |
| 04/08/2025 | $2,200 | ListingRemoved | Zillow Rentals |
| 01/23/2025 | $2,200 | Listed For Rent | Zillow Rentals |
| 11/19/2024 | $700,000 | Sold | N/A |
| 06/28/2024 | $1,595,000 | ListingRemoved | Ojai Valley BOR #224056 |
| 06/28/2024 | $1,595,000 | PriceChange | Ojai Valley BOR #224056 |
| 04/01/2024 | $1,900,000 | Listed For Sale | Ojai Valley BOR #224056 |
| 01/01/2022 | ListingRemoved | Ojai Valley BOR #220766 | |
| 10/29/2021 | $1,900,000 | Listed For Sale | Ojai Valley BOR #220768 |
| 10/28/2021 | $1,900,000 | ListingRemoved | Ojai Valley BOR #220766 |
| 10/28/2021 | $1,900,000 | Listed For Sale | Ojai Valley BOR #220766 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,966 |
| Assessment | $818,761 |
Home facts updated by county records
Comparable Sales for 12246 Sisar Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
7.00 | Multi-Family Home | $1,195,000 | 06/05/26 | 7 | 6 | 3,767 | |
6.83 | Multi-Family Home | $860,000 | 11/10/25 | 5 | 3 | - | |
6.94 | Multi-Family Home | $560,000 | 09/24/25 | 2 | 1 | - | |
7.38 | Multi-Family Home | $835,000 | 10/21/25 | 5 | 3 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 12246 Sisar Rd.
What Locals Say about Santa Paula
At least 131 Trulia users voted on each feature.
83 % Say there are sidewalks
82 % Say yards are well-kept
80 % Say it's dog friendly
74 % Say car is needed
67 % Say there's holiday spirit
63 % Say it's walkable to grocery stores
63 % Say kids play outside
62 % Say parking is easy
57 % Say it's walkable to restaurants
55 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
53 % Say people would walk alone at night
52 % Say streets are well-lit
51 % Say it's quiet
29 % Say there's wildlife
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-06-21 00:42:36 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
12246 Sisar Rd, Ojai, CA 93023 is a 7 bedroom, 6 bathroom, 3,452 sqft multi-family built in 1947. This property is currently available for sale and was listed by CLAW on Apr 15, 2026. The MLS # for this home is MLS# 26729085.

