50 E Portal Street
Oak View, CA, 93022
$1,099,000
MLS: V1-35691
Beds
5
Baths
3
Sq Ft
1,882
Lot
0.23 ac
Year Built
1963
MLS #
V1-35691
Days on Market
3
Listed
Apr 9, 2026
Description
DUPLEX: Discover this unique duplex opportunity in the heart of Oak View, offering two separate homes with distinct yards on a .23-acre lot. Ideally located with easy access to both Ojai and Ventura, this property offers flexibility, convenience, and strong investment potential.The larger home (#50) features 3 bedrooms/2 bathrooms and has been thoughtfully upgraded with newer wood and tile flooring, and an updated kitchen and bathrooms. The smaller home (#52) features 2 bedrooms/1 bathroom, is in good condition, and features an additional yard space with a storage shed and a highly productive orange tree.Whether you are looking to maximize rental income by leasing both units or prefer to live in one and rent the other to help offset your mortgage, this property offers a smart and adaptable setup. This is an excellent opportunity for investors or owner-occupants alike!
Location
Oak View, Ventura County, CA 93022
Open on Google Maps ↗Listed by: Ray Deckert · KellerWilliamsWestVenturaCount
Payment estimate
$7,934
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $109,900 · Loan: $989,100
- Principal & Interest
- $6,077
- Property tax (1.25%)
- $1,145
- Homeowners insurance
- $300
- Mortgage insurance
- $412
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Oak View home with as little as 3.5% down using an FHA loan — roughly $38,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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