12246 Sisar Rd, Ojai, CA 93023
FOR SALE
1.42 ACRES

12246 Sisar Rd
Ojai, CA 93023

  • 7 Beds
  • 6 Baths
  • 3,452 sqft (on 1.42 acres)

$1,800,000

Est. Mortgage $10,696/mo*

$1,800,000

Est. Mortgage $10,696/mo*
7 Beds
6 Baths
3,452 sqft
(on 1.42 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

Exterior Home Features
Other Structures: Other
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Other

Days on Market

Days on Market: 67

Property Information

Year Built
Year Built: 1947
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 0300100245

Price & Status

Price
List Price: $1,800,000Price Per Sqft: $521

Active Status

MLS Status: Active

Location

Direction & Address
City: Ojai

Agent Information

Listing Agent
Listing ID: 26729085

Building

Building Area
Building Area: 3452 Square Feet

Lot Information

Lot Area: 1.424 Acres

Listing Info

Special Conditions: Standard

Miscellaneous

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
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54

Price History for 12246 Sisar Rd

DatePriceEventSource
04/15/2026$1,800,000Listed For SaleCLAW #26729085
04/08/2025$2,200ListingRemovedZillow Rentals
01/23/2025$2,200Listed For RentZillow Rentals
11/19/2024$700,000Sold
N/A
06/28/2024$1,595,000ListingRemovedOjai Valley BOR #224056
06/28/2024$1,595,000PriceChange
Ojai Valley BOR #224056
04/01/2024$1,900,000Listed For SaleOjai Valley BOR #224056
01/01/2022ListingRemovedOjai Valley BOR #220766
10/29/2021$1,900,000Listed For SaleOjai Valley BOR #220768
10/28/2021$1,900,000ListingRemovedOjai Valley BOR #220766
10/28/2021$1,900,000Listed For SaleOjai Valley BOR #220766

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Property Tax and Assessment

Year2025
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.
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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.
  • Nvw6dvc6xg
    "Here in this community, we have cruise night , which consists of old school classic cars , live music & vendors ! "
  • Trulia User
    "Amazing hood. I Recommend this hood. Best hood I lived in. Amazing food around the hood. Love this hood!"
  • Leticiawright
    "Im not sure about public transportation. Its congested during peak hours. 7:00am to 8:30am 2:30-3:30 5:00 to 6:30. Other than that its pretty peacefull soecially up in the hills where we live. "
  • Crouch.blc
    "Obregon Park GREAT for dog owners. Spacious with bags and great neighbors. Nice and quiet. 100 characters."
  • Lnes198177
    "That we know each other de are confident Well some of us are we know each other and we feel confterble a lot with some of the people in oír neighborhood so yeah "
  • Cody C.
    "Lunch and tea with the new neighbors. Coaching youth baseball. Working on local green initiatives such as turning green waste into sustainable Biogas. "
  • LoveCenter
    "This neighborhood feels so exquisite, nourishing, and safe - - you feel that Nature herself is holding you in her embrace."
  • Rita S.
    "Neighbors knowing one another and watching over without becoming oddly about it. Outings and walks are a for sure help and asset to our town . Getting to know one another on name basis is a must"
  • David
    "I’ve lived here my entitle life. People know each other in and out as if we had all grown up together. Neighbors are nice, business stays in town and for the most part, it’s quiet and nice."
  • DJL
    "All areas have their goods and bass. Some more than others but, I could say it’s safe and quiet for the most part. "
  • Patsy L.
    "everithing its ok... neighbors are friendly and its paeceful to walk.. its very calm during tje nights... easy to get at schools..."
  • Silvia G.
    "it isn't. people here are very uptight and call the cops on people for no reason. I love being inside my home but being outside is difficult when or of my kids play outside the neighbor's complain."
  • Rosehill85
    "everyone is friendly & keep out for each other homes/family... small community, we all know each other"
  • Garcia1929 s.
    "people complain too much about dogs whether they bark or not their are way too many bitter people around my neighborhood."
  • Rosehill85
    "everyone knows everyone.. we watch out for each other's homes, small town with friendly faces. low violence & low crime area"
  • Marisa_3gems
    "Neighbors are friendly and look out for each other. There’s stores and schools nearby................"
  • Truebluecutty
    "The only people that look for the drama find it and that’s in every town I lived here for over 10 years and never had any issues "

LGBTQ Local Legal Protections

Daniel Withers, Matthews Real Estate Investment Services, (866) 889-0550
Agent Phone: (818) 923-6107
© 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.
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.