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601 Pearl St
Ojai, CA 93023

$3,700,000 USD

Land For Sale  •  1.14 AC

Property Details

  • Property Type Land
  • Lot Size 1.14 AC
30 Transit Score
40 Walk Score

Description 

601 Pearl Street is an approximately 1.14-acre residential land offering in Ojai, California. The property consists of 10 recorded lots with approvals for the development of nine detached single-family homes. Approved architectural, civil, landscape, and structural plans are included with the offering. The site is located near Downtown Ojai and has access to surrounding retail, dining, and community services.

Highlights

Fully Entitled & Shovel Ready - 10 recorded lots with approved Architectural, Civil, Landscape, and Structural plan sets included in the sale.
9 Detached Single-Family Homes - Approved subdivision for nine detached homes averaging approximately 1,835 SF under roof.
Premier Downtown Ojai Location - Located just a 4-minute walk from Downtown Ojai, retail, dining, and lifestyle amenities.
Supply-Constrained Lifestyle Market - Ojai’s strict growth controls and limited inventory continue to support premium residential pricing.
Multiple Exit Strategies - Opportunity to pursue either a build-for-sale strategy or long-term build-to-rent hold with projected 5.8%–6.1% stabilized
Scarce New-Construction Product - Very limited new-construction housing exists within Downtown Ojai.
Logan Ward 909-663-4689 Marcus & Millichap
Logan Ward 909-663-4689 Marcus & Millichap