1402 Ramona Drive, Thousand Oaks, California 91320, Thousand Oaks, 91320 - 2 bed, 1 bath
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1402 Ramona Drive
Thousand Oaks, California 91320
ACTIVE
CONDITION: FAIR
2Beds
1Baths
802Sq Ft
3,049Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$402,158
18% AboveMARKET VALUE
SUMMARY
This Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $475,000—positioned well above the $402,158 Fair Market Value by 18%. While the property requires cosmetic updates given its Condition Rating of 4, it offers functional living with an attached two-car garage and a private enclosed patio. Located in the highly regarded Conejo Valley School District, this unit provides a stable foundation for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a prime Newbury Park location.
Estimated Market Value
$402,158
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1402 Ramona Drive Subject 2 bd · 1 ba · 802 sqft · $501 | $475,000* List Price | 2 | 1 | 802 | $501 | - |
A 611 Avenida Del Platino Sold 2 bd · 1 ba · 810 sqft · $488 · 0.5 mi | $395,000 | 2 | 1 | 810 | $488 | 0.5 mi |
B 506 Avenida De La Plata Active 2 bd · 1 ba · 903 sqft · $464 · 0.5 mi | $419,000 List Price | 2 | 1 | 903 | $464 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972 with visible updates to the kitchen and flooring that appear to be 15-25 years old. While functional and move-in ready with dual-pane windows, the property remains dated with popcorn ceilings and older cabinetry styles, requiring minor cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Attached Two-Car Garage
The rare inclusion of an attached two-car garage with direct access and laundry hookups provides exceptional convenience and security seldom found in condos at this price point.
- Private Outdoor Space
A private, enclosed front patio offers a versatile outdoor area for entertaining, pets, or relaxation, effectively extending the functional living space of the home.
- Prime Location & Schools
Situated in the desirable Newbury Park area, the property offers proximity to hiking trails and placement within the highly-regarded Conejo Valley School District.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 802 square feet for a two-bedroom layout, the interior living areas may feel constrained for buyers seeking more spacious accommodations.
- Single Bathroom Limitation
The two-bedroom, one-bathroom configuration may limit appeal for families or co-living arrangements compared to units offering a second bathroom or powder room.
About 1402 Ramona Drive
Welcome to 1402 Ramona Dr, an inviting 2-bedroom, 1-bathroom townhome offering 802 square feet of comfortable living space in the highly desirable Newbury Park area of Thousand Oaks. The functional floor plan maximizes space and features energy-efficient dual-pane windows, creating a cozy and welcoming atmosphere. The kitchen features granite countertops and flows openly into an adjacent eating area. Step outside to enjoy a private, enclosed front patio perfectly suited for entertaining guests, hosting weekend BBQs, or relaxing with a pet. For added ease and security, the home includes an attached two-car garage featuring direct access and convenient laundry hookups. Homeowners will also love the fantastic community amenities, which include a pool, spa, and clubhouse. With its prime location just off Ventu Park Road, this property combines everyday convenience with the peaceful appeal of Ventura County living. You are just moments away from local shops, dining, and beautiful hiking trails, all while being located in the Conejo Valley Unified School District. Don't miss this fantastic opportunity!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $333.0 / Month
Neighborhood Insights
Thousand Oaks Unified Schools
Madrona Elementary School
Grades K-5 • 1.6 mi
6/10
Sequoia Middle School
Grades 6-8 • 1.6 mi
6/10
Redwood Middle School
Grades 6-8 • 2.0 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.2 |
| Baths | 1.0 | 1.7 |
| Square foot | 802 | 1,032.68 |
| Lot Size | 3,049 | 1,887.6 |
| Price | $475.0K | $511.5K |
| Price per sq ft | $592 | $479 |
| Built year | 1972 | 1979 |
| HOA | $333.0 | $504 |
| Days on market | 21 | 61 |
Pricing History
Listed for Sale
Oct 3, 2026
$475,000
Initial Listing
Sold
Jan 21, 2005
$315,000
Public Record
Sold
Jul 26, 2002
$210,500
Public Record
Sold
Jul 24, 2000
$150,000
Public Record
Sold
Aug 1, 1997
$107,500
Public Record