
Thousand Oaks, California 91360
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $525,000—positioned above the $456,845 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3, boasting modern dark wood-look flooring, plantation shutters, and a new high-efficiency HVAC system. Located one block from California Lutheran University, the unit offers strong rental demand and a private balcony. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home in a prime academic corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 185 Mcafee Court Subject | $499,000* List Price | 2 | 1 | 920 | $476 | - |
A 211 Mcafee Court Sold | $578,000 | 3 | 3 | 1,267 | $456 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985, the property shows signs of recent updates including modern dark wood-look flooring, plantation shutters, and a new high-efficiency HVAC system. The interior appears well-maintained and move-in ready, fitting the 5-15 year renovation profile.
Situated just one block from California Lutheran University, this property offers exceptional convenience for students and faculty, ensuring strong rental demand and investment potential.
As an upper-level unit positioned at the edge of the complex, the home provides a secluded atmosphere and a private balcony, offering a quieter living experience than interior units.
The inclusion of a brand-new, state-of-the-art A/C system provides immediate value and long-term utility savings, a crucial upgrade for comfort in the Thousand Oaks climate.
With only one bathroom serving two bedrooms, the layout may be less convenient for roommates or small families compared to standard two-bathroom configurations.
Being an upper-level unit, the property requires stair access, which may limit its appeal to buyers with mobility concerns or those seeking ground-floor accessibility.
Welcome to this desirable upper-level two-bedroom, one-bath condo ideally situated edge of the complex in beautiful Thousand Oaks. Enjoy added privacy in a secluded setting that creates a peaceful place to call home. The thoughtfully designed floor plan features comfortable living space, two spacious bedrooms, and a private balcony perfect for morning coffee or unwinding at the end of the day. New A/C keeps you cool with state of the art efficiency. Conveniently located a block from California Lutheran University. This property is near shopping, dining, parks, hiking trails, and easy freeway access. An exceptional value for first-time buyers, downsizers, or investors seeking the best of the Thousand Oaks.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 1.0 | 1.6 |
| Square foot | 920 | 1,044.263 |
| Lot Size | 920 | 1,709.368 |
| Price | $499.0K | $500.3K |
| Price per sq ft | $542 | $469 |
| Built year | 1985 | 1980 |
| HOA | $396.0 | $520 |
| Days on market | 44 | 55 |
Aug 24, 2026
$499,000
$525,000
-5% Price Drop
Initial Listing
Jul 27, 2026
$525,000
Initial Listing
Feb 5, 2024
$495,000
Public Record
Mar 25, 2010
$269,000
Public Record