
Newbury Park, California 91320
This Spacious Multi-Parcel Residence represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned slightly above the $1,025,533 Fair Market Value. While not a discount buy, the property offers significant long-term upside through its 30,406 sq. ft. lot and Dual-Living Potential with a separate lower-level entrance. Featuring a Condition Rating of 3, the home includes a new roof and water heater. With proximity to Top-Rated Schools like Westlake Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, multi-generational living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1324 Rudolph Drive Subject 3 bd · 2 ba · 1,836 sqft · $559 | $1,050,000* List Price | 3 | 2 | 1,836 | $559 | - |
A 141 Giant Oak Avenue Sold 4 bd · 3 ba · 2,083 sqft · $521 · 0.8 mi | $1,085,000 | 4 | 3 | 2,083 | $521 | 0.8 mi |
B 1983 Oracle Court Sold 3 bd · 3 ba · 2,051 sqft · $527 · 0.9 mi | $1,080,000 | 3 | 3 | 2,051 | $527 | 0.9 mi |
C 31 S Ellis Place Sold 3 bd · 2 ba · 1,595 sqft · $583 · 0.7 mi | $930,000 | 3 | 2 | 1,595 | $583 | 0.7 mi |
D 159 Heavenly Valley Road Sold 4 bd · 3 ba · 1,499 sqft · $553 · 0.5 mi | $829,000 | 4 | 3 | 1,499 | $553 | 0.5 mi |
E 30 N Jerome Avenue Sold 4 bd · 3 ba · 2,046 sqft · $507 · 0.8 mi | $1,037,500 | 4 | 3 | 2,046 | $507 | 0.8 mi |
F 855 Tupelo Wood Court Sold 4 bd · 2 ba · 1,663 sqft · $586 · 0.7 mi | $975,000 | 4 | 2 | 1,663 | $586 | 0.7 mi |
G 248 Windrose Court Sold 3 bd · 3 ba · 1,964 sqft · $611 · 0.8 mi | $1,200,000 | 3 | 3 | 1,964 | $611 | 0.8 mi |
H 276 Beech Road Active 3 bd · 3 ba · 1,695 sqft · $560 · 0.2 mi | $949,000 List Price | 3 | 3 | 1,695 | $560 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property is well-maintained and move-in ready with significant recent updates. Key systems are improved with a new roof and water heater installed within the last year. The interior features fresh paint and updated laminate flooring. Although the main kitchen cabinetry is dated in style, it features granite countertops, and the lower-level living area includes a more modern kitchen renovation with stainless steel appliances.
The sale includes three combined parcels totaling approximately 30,406 sq. ft., offering rare land value and significant potential for expansion, development, or extensive outdoor amenities.
The lower level features a separate entrance, kitchen, and living area, providing an ideal setup for multi-generational living, guest quarters, or potential rental income.
A new roof and water heater installed within the last year, combined with a fresh interior paint refresh, provide immediate value and reduce near-term maintenance costs for the buyer.
The legality of the lower-level living arrangements and the potential for further development are subject to permit verification, which may pose a risk or require additional administrative effort.
Built in 1975, the home features a 'country-style' kitchen and specific architectural focal points like a circular fireplace that may require modernization to appeal to contemporary buyer preferences.
A rare opportunity to purchase three parcels together, totaling approximately 30,406 sq. ft. This property offers a combination of space, panoramic views, and flexible living arrangements with plenty of potential for the right buyer.The home features 3 bedrooms and 2 bathrooms, with a unique circular fireplace that serves as the focal point of the living room. Large double-pane windows bring in natural light while showcasing the surrounding views. The dining area opens to a private patio, and the country-style kitchen offers custom cabinetry with granite countertops. Upstairs, the primary suite includes its own private balcony overlooking the scenery.The lower level features additional living space with two bedrooms, a living area, a kitchen, a bathroom, and a separate entrance. This setup may work well for extended family, guests, or other potential uses, subject to verification of permits and applicable regulations. For added peace of mind, the roof and water heater were replaced within the last year along with an interior paint refresh. Outside, you'll find numerous fruit trees, generous parking for vehicles and equipment, and room to explore the possibilities that come with owning three parcels together. This property offers a unique opportunity for buyers looking for extra space and flexibility. Explore the possibilities and make this property your own. Buyer to verify parcel information, zoning, permitted uses, and any potential for expansion or development.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-5 • 2.7 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,836 | 2,147.255 |
| Lot Size | 7,081 | 8,298.245 |
| Price | $1.05M | $1.11M |
| Price per sq ft | $572 | $534 |
| Built year | 1975 | 1981 |
| HOA | $0 | $149 |
| Days on market | 9 | 51 |
Oct 15, 2026
$1,050,000
Initial Listing
May 4, 2005
$760,000
Public Record