
Thousand Oaks, California 91320
This Value-Add Residential Project is listed at $850,000, reflecting the premium demand of the Newbury Park neighborhood against a $734,036 Fair Market Value. Currently holding a Condition Rating of 5, the home requires a comprehensive renovation to modernize its 1970s infrastructure and dated interior. However, the functional 4-bedroom layout, vaulted ceilings, and scenic Hills View provide a solid foundation for forced appreciation. Situated in the Conejo Valley Unified district near major employers like Amgen, the location ensures high resale demand. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1577 Glenbrock Subject | $850,000* List Price | 4 | 2 | 1,529 | $480 | - |
A 803 Green Valley Drive Sold | $855,000 | 4 | 3 | 1,679 | $509 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 and explicitly marketed as a 'value-add opportunity' and 'project' for investors, this property requires substantial rehabilitation. While it features 'solid bones' and vaulted ceilings, the listing description and property analysis confirm the need for extensive renovation to modernize the dated 1970s infrastructure, kitchen, and bathrooms.
Situated on a quiet cul-de-sac in the highly desirable Newbury Park area, the property offers excellent proximity to major employers like Amgen, shopping, and convenient freeway access.
With vaulted ceilings and a functional four-bedroom layout, this home serves as an ideal canvas for investors or buyers looking to build equity through a comprehensive renovation.
The property features a spacious backyard and central A/C on a generous lot, providing a solid foundation for enhancing both indoor and outdoor living spaces in a high-demand community.
The home is positioned as a project property, requiring a significant investment of time and capital to modernize the interior and address likely deferred maintenance.
Built in 1978, the property may require updates to aging systems such as plumbing, electrical, or roofing to meet current building codes and modern buyer expectations.
Unlock the potential in this 4-bedroom, 2-bathroom home situated on a quiet cul-de-sac in the highly desirable Newbury Park area of Thousand Oaks. With solid bones, vaulted ceilings, central A/C, a two-car garage, and a spacious backyard, this property presents an exceptional value-add opportunity for investors or buyers looking to renovate and maximize returns. The layout offers great functionality, and the generous lot provides room to enhance both indoor and outdoor living spaces. Located in a beautiful neighborhood close to Newbury Park schools, parks, shopping, freeway access, and major employers such as Amgen, the location alone supports strong resale or rental potential. Whether you’re looking for your next project or a long-term rental investment in a stable, high-demand community, this property offers the location and upside savvy investors are looking for. Bring your vision and transform this home into something special.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-5 • 1.9 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 36% |
| Square foot | 1,529 | 2,035 | 17% |
| Lot Size | 6,098 | 8,276 | 22% |
| Price | $850.0K | $1.07M | 12% |
| Price per sq ft | $556 | $536 | 58% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 169 | 14% |
Feb 14, 2026
$850,000
Initial Listing