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
Property Price
SUMMARY
Analysis of 1342 E Hillcrest Drive 17, Thousand Oaks, California 91362 is currently available with a list price of $406,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Thousand Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained with modern interior upgrades including wood-like laminate flooring and stainless steel kitchen appliances. Although the building was constructed in 1981, the unit features functional central A/C and updated finishes that meet current market standards for a turnkey investment.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Investment Opportunity
The property is currently tenant-occupied through August 2026 with a steady rental income of $2,345 per month, providing immediate cash flow and professional management for an investor.
- Prime Location
Centrally located in Thousand Oaks, the unit offers exceptional proximity to The Oaks Mall, high-ranking schools like Westlake High, and popular hiking trails.
- Modern Interior Upgrades
The condo features attractive wood-like laminate flooring, stainless steel appliances, and central A/C, ensuring a contemporary feel and reduced immediate maintenance needs.
CONSRISKS & DEFICIENCIES
- Delayed Owner-Occupancy
The fixed-term lease through late 2026 prevents primary residence buyers from moving in for over a year, significantly limiting the buyer pool to investors only.
- Shared Laundry Facilities
The lack of an in-unit washer and dryer requires residents to use community laundry facilities, which can be a convenience drawback compared to newer developments.
About 1342 E Hillcrest Drive 17
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!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 654 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $336.0 / Month
Neighborhood Insights
Thousand Oaks Unified Schools
Conejo Elementary School
Grades K-5 • 0.7 mi
Colina Middle School
Grades 6-8 • 0.2 mi
Westlake High School
Grades 9-12 • 2.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 654 | 1,200 | 9% |
| Lot Size | 654 | 907 | 43% |
| Price | $406.0K | $567.0K | 9% |
| Price per sq ft | $621 | $502 | 96% |
| Built year | 1981 | 1985 | 26% |
| HOA | $336.0 | $562 | 9% |
| Days on market | 50 | 184 | 13% |
Pricing History
Listed for Sale
Feb 27, 2026
$406,000
$410,900
-1% Price Drop
Initial Listing
Price Change
Feb 8, 2026
$410,900
$415,900
-1% Price Drop
Initial Listing
Price Change
Jan 26, 2026
$415,900
$425,995
-2% Price Drop
Initial Listing
Price Change
Jan 16, 2026
$425,995
Initial Listing
Sold
May 24, 2016
$250,000
Public Record
Sold
Feb 16, 1995
$70,000
Public Record