Under ContractSingleFamilyResidence

701 W Lomita Avenue

Ojai, CA, 93023

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$975,000

MLS: V1-35139

Beds

3

Baths

2

Sq Ft

1,480

Lot

0.17 ac

Year Built

1955

MLS #

V1-35139

Days on Market

8

Listed

Mar 12, 2026

Description

Welcome to 701 W Lomita Ave, a beautifully remodeled home located in the heart of Ojai. This thoughtfully updated property blends modern finishes with classic charm and offers comfortable living in one of Ventura County's most desirable communities. The home features a bright and open layout with updated flooring, fresh paint, and a refreshed kitchen with modern cabinetry, countertops, and appliances. The living spaces are filled with natural light and create a warm and inviting atmosphere throughout. In addition to the main living area, the property offers a separate bonus space with its own bathroom, providing flexible use for a studio, office, creative space, or office. The spacious lot offers room to enjoy outdoor living, gardening, or relaxing in the peaceful Ojai setting. Conveniently located near downtown Ojai's shops, restaurants, hiking trails, and local amenities.

Location

Ojai, Ventura County, CA 93023

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Listed by: Tatum Teel · Pinnacle Estate Properties, In

Payment estimate

$7,073

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $97,500 · Loan: $877,500

%
Principal & Interest
$5,392
Property tax (1.25%)
$1,016
Homeowners insurance
$300
Mortgage insurance
$366
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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 Ojai home with as little as 3.5% down using an FHA loan — roughly $34,125 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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