
Thousand Oaks, California 91360
This Versatile Residential Property represents a High-Potential Investment Opportunity, currently listed at $1,250,000. While priced above the $1,126,963 Fair Market Value, the property offers significant long-term upside through its ADU & Investment Potential. Featuring a Condition Rating of 3, the home includes a remodeled kitchen, central A/C, and panoramic views. The large 10,890 sqft lot provides a foundation for up to three living units, making this an ideal acquisition for Buy-and-Hold Investors or Multigenerational Homeowners seeking flexible, income-generating living quarters.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1456 Calle Morera Subject 4 bd · 3 ba · 1,864 sqft · $576 | $1,149,500* List Price | 4 | 3 | 1,864 | $576 | - |
A 2660 Calle Limonero Sold 4 bd · 2 ba · 1,534 sqft · $577 · 0.1 mi | $885,000 | 4 | 2 | 1,534 | $577 | 0.1 mi |
B 2936 Rollings Sold 5 bd · 3 ba · 2,012 sqft · $517 · 0.3 mi | $1,040,000 | 5 | 3 | 2,012 | $517 | 0.3 mi |
C 3340 Tuxford Place Sold 4 bd · 2 ba · 1,725 sqft · $567 · 0.8 mi | $978,500 | 4 | 2 | 1,725 | $567 | 0.8 mi |
D 1455 Calle Morera Sold 4 bd · 4 ba · 1,938 sqft · $515 · 0.0 mi | $999,000 | 4 | 4 | 1,938 | $515 | 0.0 mi |
E 2343 Calle Alucema Sold 4 bd · 3 ba · 1,788 sqft · $615 · 0.4 mi | $1,100,000 | 4 | 3 | 1,788 | $615 | 0.4 mi |
F 3752 Corte De Los Reyes Sold 4 bd · 2 ba · 1,820 sqft · $511 · 0.9 mi | $930,000 | 4 | 2 | 1,820 | $511 | 0.9 mi |
G 1267 Calle Olmo Sold 3 bd · 2 ba · 1,791 sqft · $596 · 0.3 mi | $1,067,000 | 3 | 2 | 1,791 | $596 | 0.3 mi |
H 3571 Avenida Verano Sold 4 bd · 3 ba · 2,170 sqft · $518 · 0.8 mi | $1,125,000 | 4 | 3 | 2,170 | $518 | 0.8 mi |
I 975 E Avenida De Los Arboles Active 4 bd · 3 ba · 1,771 sqft · $548 · 0.5 mi | $969,999 List Price | 4 | 3 | 1,771 | $548 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the property has undergone significant renovations within the last 5-15 years. The kitchen features updated cabinetry, stone countertops, and stainless steel appliances. Modern system upgrades include a tankless water heater, central A/C, and an EV charging station. The interior shows well-maintained hardwood floors and recessed lighting, making it move-in ready.
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 flexibility with existing gas and water lines in the primary suite for easy conversion, plus space for a second ADU, potentially creating three separate living units for rental income or multigenerational use.
Designed for entertaining, the backyard features panoramic Thousand Oaks views, two covered patios, a built-in BBQ, and eight mature fruit-bearing trees, providing a high-end California lifestyle experience.
Built in 1960, the property may have underlying aged utility systems or structural elements typical of its era that could require maintenance despite recent cosmetic and appliance updates.
While the potential for three units is a value-add, maximizing this density on a 10,890 sqft lot may significantly reduce private outdoor space and involve complex permitting and construction logistics.
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 | 2.8 |
| Square foot | 1,864 | 2,127.858 |
| Lot Size | 10,890 | 9,656.536 |
| Price | $1.15M | $1.15M |
| Price per sq ft | $617 | $559 |
| Built year | 1960 | 1974 |
| HOA | $0 | $200 |
| Days on market | 58 | 50 |
Oct 22, 2026
$1,149,500
$1,199,500
-4% Price Drop
Initial Listing
Sep 29, 2026
$1,199,500
$1,250,000
-4% Price Drop
Initial Listing
Aug 27, 2026
$1,250,000
Initial Listing