
Thousand Oaks, California 91360
This Versatile View Property represents a High-Potential Investment Opportunity, listed at $1,250,000—positioned above the $1,126,020 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 and offers exceptional ADU & Multigenerational Potential through existing utility hookups and expansion space. With a large 10,890 sqft lot, mature fruit trees, and panoramic views, this asset provides significant long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income through multi-unit conversion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1456 Calle Morera Subject | $1,250,000* List Price | 4 | 3 | 1,864 | $604 | - |
A 2936 Rollings Sold | $1,040,000 | 5 | 3 | 2,012 | $517 | 0.3 mi |
B 2343 Calle Alucema Sold | $1,100,000 | 4 | 3 | 1,788 | $615 | 0.4 mi |
C 3340 Tuxford Place Sold | $978,500 | 4 | 2 | 1,725 | $567 | 0.8 mi |
D 1455 Calle Morera Sold | $999,000 | 4 | 4 | 1,938 | $515 | 0.0 mi |
E 3752 Corte De Los Reyes Sold | $930,000 | 4 | 2 | 1,820 | $511 | 0.9 mi |
F 1267 Calle Olmo Sold | $1,067,000 | 3 | 2 | 1,791 | $596 | 0.3 mi |
G 785 Calle Tulipan Sold | $1,250,000 | 4 | 3 | 2,144 | $583 | 0.7 mi |
H 1609 Corte Del Rey Sold | $1,100,000 | 4 | 2 | 2,086 | $527 | 0.9 mi |
I 2636 Calle Manzano Active | $1,249,000 List Price | 4 | 3 | 1,816 | $688 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1960, the property has undergone significant updates including a renovated kitchen, tankless water heater, and central A/C. The interior features modern hardwood flooring and recessed lighting, and the listing describes it as move-in ready, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 1864.
The property offers exceptional versatility with existing gas and water hookups in the primary suite for an ADU conversion, plus space to add a second unit off the garage, potentially creating three separate living quarters.
Situated on a large lot with beautiful Thousand Oaks views, the backyard is a standout feature with two covered patios, a built-in BBQ, and eight mature fruit-bearing trees, ideal for entertaining.
Built in 1960, the property may possess older underlying systems or structural elements that could require more maintenance compared to newer constructions in the area.
With four bedrooms distributed across 1,864 square feet, the individual room sizes and common areas may feel relatively small for buyers prioritizing spacious indoor living.
Thousand Oaks View Property with Exceptional Potential!Enjoy beautiful Thousand Oaks views from this well-appointed home featuring an updated kitchen, comfortable living spaces, and a variety of desirable upgrades. The property offers a tankless water heater, central A/C, and gas fireplace for year-round comfort.The backyard is designed for both entertaining and everyday enjoyment, featuring two covered patios, a built-in BBQ, automatic sprinklers, and eight mature fruit-bearing trees. The outdoor spaces provide plenty of room for dining, relaxing, and enjoying the surrounding views.The rear primary bedroom offers an exciting opportunity for added flexibility and potential ADU conversion. The space is already set up with gas and water, providing an excellent foundation for creating a private guest suite, multigenerational living area, or an ADU rental property. Additionally, an opportunity exists to add a room off the back of the garage, creating the potential for a second ADU and giving the property the unique potential to offer three separate units of living quarters--an ideal setup for extended family, multigenerational living, guests, or investment income.Additional features include six televisions throughout the home, updated kitchen finishes, and thoughtful improvements that make this property move-in ready. A great opportunity to own a Thousand Oaks view property with exceptional outdoor amenities and versatile living options.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,864 | 2,074.024 |
| Lot Size | 10,890 | 9,277.097 |
| Price | $1.25M | $1.15M |
| Price per sq ft | $671 | $564 |
| Built year | 1960 | 1974 |
| HOA | $0 | $191 |
| Days on market | 13 | 50 |
Aug 27, 2026
$1,250,000
Initial Listing