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1350 E Hillcrest, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 2 bed, 1 bath

1350 E Hillcrest, Thousand Oaks, California 91362 home-pic-0
ACTIVE$735,000$864/sqft
Est. Value: $657,493
-10%
AboveEstimate
1350 E Hillcrest, Thousand Oaks, California 91362
2Beds
1Bath
864Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($657,492.95) is $77,507.05 (10%) lower than the list price ($735,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime & Desirable Location: Situated on iconic E Hillcrest Drive, offering unbeatable access to shopping, dining, parks, award-winning schools, and freeway access in a highly sought-after Thousand Oaks neighborhood.
Top Cons:
Requires Extensive Renovation (TLC): The property is explicitly stated to be 'in need of TLC,' indicating that significant investment and effort will be required for modernization and repairs.

Compared to the nearby listings

Price:$735.0K vs avg $1.34M ($-605,000)2%
Size:864 sqft vs avg 2,504 sqft1%
Price/sqft:$851 vs avg $57596%

More Insights

Built in 1957 (69 years old).
Condition: Built in 1957, this property is explicitly marketed as 'in need of TLC' and requiring 'extensive renovation' due to 'dated construction & systems.' The images confirm this, showing severely outdated interiors with old tiled flooring, a very dated bathroom (basic vanity, old tub, older fixtures), and a vintage chandelier. The exterior also appears worn with older windows and overgrown landscaping, indicating significant deferred maintenance. While the listing mentions 'solid bones,' the overall condition necessitates substantial repairs and rehabilitation of finishes, fixtures, and likely major systems to bring it to a livable and modern standard.
Year Built
1957
Close
-
List price
$735K
Original List price
$735K
Price/Sqft
$851
HOA
-
Days on market
-
Sold On
-
MLS number
SR26009964
Home ConditionPoor
Features
View-

About this home

Opportunity knocks in one of Thousand Oaks’ most desirable locations. Situated on iconic E Hillcrest Drive, this property offers an unbeatable setting with convenient access to shopping, dining, parks, and award-winning schools. Perfectly placed in a well-established neighborhood, this home presents a rare chance to create value in a prime area where renovated properties command strong demand. The home is in need of TLC, making it an ideal canvas for investors, builders, or buyers looking to customize and build equity. With solid bones and a functional layout, the potential here is undeniable—whether you envision a thoughtful remodel, modern update, or long-term hold. Enjoy the benefits of Thousand Oaks living: a central location, easy freeway access, and a community known for its quality of life, safety, and long-term appreciation. Properties in this area are rarely available at this price point with such upside. Bring your vision, contractor, and creativity—this is a value-add opportunity you don’t want to miss.

L
Laura Craven
Listing Agent
Condition Rating
Poor
Built in 1957, this property is explicitly marketed as 'in need of TLC' and requiring 'extensive renovation' due to 'dated construction & systems.' The images confirm this, showing severely outdated interiors with old tiled flooring, a very dated bathroom (basic vanity, old tub, older fixtures), and a vintage chandelier. The exterior also appears worn with older windows and overgrown landscaping, indicating significant deferred maintenance. While the listing mentions 'solid bones,' the overall condition necessitates substantial repairs and rehabilitation of finishes, fixtures, and likely major systems to bring it to a livable and modern standard.
Pros & Cons

Pros

Prime & Desirable Location: Situated on iconic E Hillcrest Drive, offering unbeatable access to shopping, dining, parks, award-winning schools, and freeway access in a highly sought-after Thousand Oaks neighborhood.
Significant Value-Add Potential: Presents a rare opportunity for investors, builders, or buyers to customize, remodel, and build substantial equity in an area known for strong demand for renovated properties.
Established Community Benefits: Located in a well-established neighborhood within Thousand Oaks, renowned for its high quality of life, safety, and consistent long-term property appreciation.
Solid Structural Foundation: Described as having 'solid bones and a functional layout,' providing a strong base for renovation and modernization efforts.
Attractive Entry Point for Upside: Positioned at a price point that offers considerable upside potential in a market where properties with such value-add opportunities are rarely available.

Cons

Requires Extensive Renovation (TLC): The property is explicitly stated to be 'in need of TLC,' indicating that significant investment and effort will be required for modernization and repairs.
Dated Construction & Systems: Built in 1957, the home likely features outdated systems, finishes, and design, necessitating comprehensive updates to meet contemporary standards.
Limited Living Space: With only 864 sqft, the property offers relatively small living quarters, which may not suit buyers seeking more expansive space or additional bedrooms/bathrooms.
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