Listed by Nate Minkel, eXp Realty, (805) 815-1327
506 E Oak St
Ojai, CA 93023
- 6 Beds
- 5 Baths
- 3,484 sqft (on 0.51 acres)
6 Beds
5 Baths
3,484 sqft
(on 0.51 acres)
Local Information
© Google
-- mins to
Description
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.
Open House
Friday, May 08
9:30 AM to 12:00 PM
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$502
Listed
No Info
Home Details for 506 E Oak St
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Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 5 |
Heating & Cooling Heating: Has Heating Unspecified TypeNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Has Heating Unspecified Type |
Fireplace & Spa Fireplace: NoneSpa: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall, End Unit, No One Above, No One Below |
Levels, Entrance, & Accessibility Number of Stories: 1 |
View Has a ViewView: Mountain(s), Trees/Woods |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 8Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Horse Amenities: Riding Trail |
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Days on Market: <1 days on Trulia |
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Year Built Year Built: 1948 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Triplex |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 0220090280 |
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Price List Price: $1,750,000Price Per Sqft: $502 |
Status Change & Dates Possession Timing: Close Of Escrow, Negotiable |
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MLS Status: Active |
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Direction & Address City: OjaiCommunity: Ojai: Other |
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Listing Agent Listing ID: V1-36042 |
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Building Area Building Area: 3484 Square Feet |
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Community Features: Biking, Curbs, Foothills, Fishing, Golf, Hiking, Horse Trails, Hunting, Lake, Mountainous, Park, Preserve/Public Land, Rural, Street Lights, Valley, Water SportsNot Senior Community |
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Association for this Listing: California Regional MLS (Ventura & Pasadena-Foothills AORs)HOA Fee: No HOA Fee |
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Lot Area: 0.51 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional, 1031 Exchange, Submit |
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No Rent Control |
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Mls Number: V1-36042Living Area Range Units: Square FeetActivation Date: Fri May 08 2026Back On Market Date: Fri May 08 2026Start Showing Date: Fri May 08 2026Universal Property Id: US-06111-N-0220090280-R-N |
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BikingCurbsFoothillsFishingGolfHikingHorse TrailsHuntingLakeMountainousParkPreserve/Public LandRuralStreet LightsValleyWater SportsSource Internet Entire Listing Display |
Last check for updates: about 9 hours ago
Listing Provided by: Nate Minkel DRE #01483520, (805) 794-9588
eXp Realty
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Source: CRMLS, MLS#V1-36042

Price History for 506 E Oak St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/08/2026 | $1,750,000 | Listed For Sale | CRMLS #V1-36042 |
| 05/02/1995 | $245,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $8,506 |
| Assessment | $514,865 |
Home facts updated by county records
Comparable Sales for 506 E Oak St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.27 | Multi-Family Home | $3,200,000 | 01/07/26 | 2 | 1 | 7,428 | |
0.10 | Multi-Family Home | $8,250,000 | 12/22/25 | - | 24,708 | ||
5.24 | Multi-Family Home | $1,000,000 | 06/06/25 | 6 | 4 | 2,047 | |
4.69 | Multi-Family Home | $724,000 | 03/06/26 | 2 | 2 | - | |
6.94 | Multi-Family Home | $699,000 | 07/01/25 | 3 | 2 | 1,700 |
Assigned Schools
These are the assigned schools for 506 E Oak St.
What Locals Say about Ojai
At least 66 Trulia users voted on each feature.
91 % Say it's dog friendly
86 % Say yards are well-kept
83 % Say people would walk alone at night
77 % Say there's holiday spirit
76 % Say there's wildlife
75 % Say it's walkable to restaurants
73 % Say it's walkable to grocery stores
71 % Say they plan to stay for at least 5 years
70 % Say it's quiet
70 % Say kids play outside
68 % Say neighbors are friendly
66 % Say car is needed
66 % Say parking is easy
50 % Say there are community events
35 % Say there are sidewalks
35 % Say streets are well-lit
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Nate Minkel, eXp Realty
Agent Phone: (805) 794-9588

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
506 E Oak St, Ojai, CA 93023 is a 6 bedroom, 5 bathroom, 3,484 sqft multi-family built in 1948. This property is currently available for sale and was listed by CRMLS on Apr 28, 2026. The MLS # for this home is MLS# V1-36042.

