
511 East Aliso Street, Ojai, CA 93023
511 East Aliso Street, Ojai, CA 93023
Property Description
Two Homes. Separate Meters. Multiple Usable Spaces. Owned Solar and Battery Backup ~ All in one of Ojai's most convenient locations. Whether held as an income-producing property, multi-generational compound, or private Ojai retreat, this is the kind of flexible real estate that is increasingly hard to find. A rare Ojai opportunity offering two separate residences, multiple creative spaces, and exceptional income potential--all tucked behind a private gate just moments from downtown shops, restaurants, and the Ojai lifestyle. The main residence offers approximately 2,540 sq. ft. with 4 bedrooms and 3.5 bathrooms, featuring vaulted ceilings, a fireplace, and an open kitchen and dining area designed for easy everyday living and entertaining. Completely separate, the beautifully remodeled 2-bedroom guest house offers approximately 700 sq. ft. with its own private entrance, dedicated yard, indoor laundry, high-end appliances, and elevated windows capturing Ojai Valley views. With separate utility meters for the main residence and guest house, the property is ideally configured for rental income, extended family, guests, or a true live-one/rent-one investment opportunity. Adding even more flexibility is a separate art studio and utility room, perfect for a home office, gym, creative space, or additional workspace, along with a new outdoor deck and restroom, two-car garage, generous parking, and full RV hookups. Built for modern independence, the property includes approximately $100,000 in owned Enphase solar with 18 panels and 40kW of backup battery capacity, plus tankless water heaters and water softener.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Ojai · Single Family Residence
Listed 44.9% below the median closed sale of $2,900,000. Price per sqft ($494) is a 41% discount to closed comps ($839). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 883 Moreno Drive | Ojai | 1967 | 4 | 4 | 2,623 | 8,276 | $562 | $1.48M | 154 | 72 |
| 1205 Rains Court | Ojai | 1991 | 4 | 3 | 2,553 | 11,979 | $881 | $2.25M | 73 | 72 |
| 414 Andrew Drive | Ojai | 1974 | 4 | 4 | 2,492 | 13,939 | $1,134 | $2.83M | 94 | 70 |
| 275 Fairview Road | Ojai | 1979 | 5 | 4 | 2,807 | 31,102 | $641 | $1.80M | 130 | 67 |
| 708 Cuyama Road | Ojai | 1950 | 3 | 3 | 2,637 | 30,800 | $1,441 | $3.80M | 10 | 63 |
| Total: 5 · Average | 4.0 | 3.6 | 2,622.4 | 19,219.2 | $931.8 | $2.43M | 92.2 | |||
| Median | 2,623 | $2.25M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 300 Santa Ana Street | Ojai | 1988 | 05/26/2026 | 5 | 4 | 3,490 | 17,336 | $2.95M | $2.80M | $802 | 0.95 | 87 | 68 |
| 1035 Moreno Drive | Ojai | 2007 | 06/22/2026 | 5 | 5 | 3,273 | 10,890 | $1.65M | $1.62M | $496 | 0.99 | 51 | 67 |
| 435 Gridley Road | Ojai | 1935 | 06/26/2026 | 5 | 4 | 3,236 | 20,038 | $2.79M | $2.90M | $896 | 1.04 | 21 | 65 |
| 817 Del Oro Drive | Ojai | 1979 | 06/15/2026 | 5 | 3 | 3,428 | 43,560 | $3.25M | $3.33M | $970 | 1.02 | 51 | 58 |
| 10802 Oak Knoll Road | Ojai | 1973 | 05/19/2026 | 5 | 3 | 2,810 | 52,708 | $3.13M | $2.90M | $1,032 | 0.93 | 61 | 56 |
| Total: 5 · Average | 5.0 | 3.8 | 3,247.4 | 28,906.4 | $2.71M | $2.71M | $839.2 | — | 54.2 | ||||
| Median | 3,273 | $2.90M | $2.90M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.