317 Bryant StOjai, CA 93023

Property Details for 317 Bryant St

Year built

1925

Lot size

0.64 AC

Property size (Sq ft)

1,312 SF

Zone code

M1

Property type

Residential income properties

Property subtype

Mobile home & RV parks

APN

023-0-150-205

APU

230150205

Description

This exceptional Ojai commercial property presents a unique investment opportunity. The 1,312 square foot main building, a large metal structure reminiscent of the train era, boasts rustic charm and is complemented by beautifully landscaped botanical gardens, creating an ideal event space. A Conditional Use Permit (CUP) is in place, authorizing an 11-space RV park with complete bathroom and shower facilities. This established location, featured in travel magazines, enjoys high visibility and is ideally situated adjacent to the Ojai Bike Trail and near thriving businesses. The property includes a separate utility room, additional storage, and concrete sidewalk with curb and gutter. Two sides are secured with chain link fencing, and one side features a block wall. Water is supplied by Casitas Municipal Water District and a private well, recently tested and deemed potable, currently used for irrigation. Electrical service is robust at 400 amps, with each RV space equipped with 30-amp and 50-amp RV pedestals and full utility hookups. The building itself measures 1200 sq ft. The property's versatility allows for various commercial uses, including potential light manufacturing (M1). This is a rare chance to acquire a well-established, multi-faceted commercial property in a highly desirable Ojai location. The sale includes only the real property.

• CAP approach

  CAP return

  Valuation

  6%

  $486,493

  6.5%

  $449,071

  7%

  $416,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $386,709

  Geo Method

  $386,709

• Alternative Use

  Use

  Valuation

  Residential

  $449,071

  Hospitality

  $411,347

  Educational

  $342,235

  Medical

  $354,005

  Retail

  $532,366

Location Insight

City

Ojai

County

Ventura

State

California

Latitude

34.4457

Longitude

-119.238

CBSA code

37100

CBSA name

OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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