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1342 E Hillcrest Drive 17, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 1 bed, 1 bath

1342 E Hillcrest Drive 17, Thousand Oaks, California 91362 home-pic-0
ACTIVE$425,995$654/sqft
1342 E Hillcrest Drive 17, Thousand Oaks, California 91362
1Bed
1Bath
654Sqft
654Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment Opportunity with Secured Income: The property is tenant-occupied on a fixed-term lease through August 2026 with a current rent of $2,345, offering immediate and stable rental income, professionally managed.
Top Cons:
Tenant Occupancy Restricts Immediate Owner-Occupancy: The fixed-term lease until August 2026 means the property is not available for immediate owner-occupancy, limiting the buyer pool to investors.

Compared to the nearby listings

Price:$426.0K vs avg $545.0K ($-119,005)14%
Size:654 sqft vs avg 1,159 sqft10%
Price/sqft:$651 vs avg $53093%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, this property has undergone significant and recent renovations, bringing its condition to a 'good' standard. The kitchen features modern stainless steel appliances and updated white cabinetry. The bathroom boasts a contemporary vanity, new tiling, and updated fixtures. Throughout the living areas and bedroom, the flooring (wood-like laminate and carpet) appears new or recently replaced, and lighting has been updated. While not a brand-new build, the extensive updates make it move-in ready with no immediate renovations required, aligning with the 'good' criteria.
Year Built
1981
Close
-
List price
$426K
Original List price
$426K
Price/Sqft
$651
HOA
$336
Days on market
-
Sold On
-
MLS number
226000256
Home ConditionGood
Features
Spa
Patio
View-

About this home

Great Investment Opportunity for Income! This property is tenant occupied on a fixed term lease through 8/7/2026 and the current rent is $2,345. The property is professionally managed by Village Properties. Must see this beautifully maintained 1-bedroom, 1-bath condo located in the heart of Thousand Oaks. Set within a quiet and well-kept community, this light-filled unit features an open-concept layout, attractive wood-like laminate flooring, and a private patio ideal for relaxing. The kitchen is equipped with stainless steel appliances and generous cabinet storage. Additional highlights include central A/C, ample parking, and convenient access to the community laundry facility. A private storage closet is conveniently located next to the unit, perfect for keeping your seasonal items or outdoor gear organized and out of the way. Residents can enjoy the on-site spa and take advantage of the prime location near The Oaks Mall, top-rated schools, hiking trails, dining, and major freeways. Experience the perfect balance of comfort, style, and convenience in this inviting Thousand Oaks home. Welcome to your new HOME!!

C
C Jeanette Siegel
Listing Agent

Nearby schools

4/10
Conejo Elementary School
Public,•K-5•0.7mi
6/10
Colina Middle School
Public,•6-8•0.2mi
8/10
Westlake High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
02/16/95
Sold
$70,000
05/24/16
Sold
$250,000
Condition Rating
Good
Built in 1981, this property has undergone significant and recent renovations, bringing its condition to a 'good' standard. The kitchen features modern stainless steel appliances and updated white cabinetry. The bathroom boasts a contemporary vanity, new tiling, and updated fixtures. Throughout the living areas and bedroom, the flooring (wood-like laminate and carpet) appears new or recently replaced, and lighting has been updated. While not a brand-new build, the extensive updates make it move-in ready with no immediate renovations required, aligning with the 'good' criteria.
Pros & Cons

Pros

Investment Opportunity with Secured Income: The property is tenant-occupied on a fixed-term lease through August 2026 with a current rent of $2,345, offering immediate and stable rental income, professionally managed.
Prime Thousand Oaks Location: Situated in the heart of Thousand Oaks, providing convenient access to The Oaks Mall, top-rated schools, hiking trails, dining, and major freeways.
Modern Interior & Essential Amenities: Features an open-concept layout, attractive wood-like laminate flooring, a kitchen equipped with stainless steel appliances, and central A/C for comfort.
Community Features & Conveniences: Located within a quiet, well-kept community offering an on-site spa, ample parking, a private patio, and a dedicated storage closet next to the unit.
Access to Highly-Rated Schools (Middle/High): Proximity to Colina Middle School (rated 6) and Westlake High School (rated 8) within the desirable Conejo Valley Unified School District.

Cons

Tenant Occupancy Restricts Immediate Owner-Occupancy: The fixed-term lease until August 2026 means the property is not available for immediate owner-occupancy, limiting the buyer pool to investors.
Compact Living Space: As a 1-bedroom, 1-bath unit with 654 sqft, the property offers limited living space, which may not appeal to buyers seeking more room or larger households.
Lower-Rated Elementary School: Conejo Elementary School, while close, has a rating of 4, which might be a concern for families prioritizing higher-rated elementary education.
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