ADDRESS: 335 BURNHAM ROAD IN OJAI/ OAK VIEW, CA
* Lot size is .70 acres on Burnham Road. Flat level site with plenty of flat buildable area for about 3 tiny houses (on permanent foundation for code compliance). Lots of space for shared organic gardening!
* 1939 stone house (!) in nice condition. Ready for move -in! 2br/1ba 846sf. This could be the main gathering space for the community.
* Existing utilities on site with septic system. Some existing trees for shade (oak trees, walnut trees, sycamore)
* Zone: RE (rural exclusive). Maybe possible to sub-divide property. A bit of traffic on Burnham Rd but it could be screened with plants and landscaping.
* Newly listed for 31 days
FINANCIALS:
* Owner is asking $1.15 million (maybe negotiable?)
* Current interest rate is 6%; $230K down payment for 30yr conventional loan
* Mortgage would be about $6500/month with good credit (split with 4 dwellings is $1625/mo)
If you know someone who might be interested and able to contribute financially, please reach out. This could be a wonderful opportunity to address the housing shortage in Ojai (and beyond).
With my experience with permit processing in Ventura County, I can help guide this project so it's legal and code compliant. New codes are in the works that can be in our favor for this type of new and innovative project.
This could be an AMAZING housing model that brings people together and to finally realize this DREAM of sustainable living!
Cheers to keeping our dreams alive,