
Thousand Oaks, California 91360
This property presents a High-Potential Investment Opportunity with a List Price of $1,299,900—positioned well above the $1,239,199 Fair Market Value by -4%. While currently priced above market, the 13,503 sqft lot and 4-bedroom single-story layout offer significant value-add potential. With a Condition Rating of 4, the home requires comprehensive modernization, making it a prime candidate for renovation. Located in the Conejo Valley Unified district near top-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a long-term project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1879 Marian Subject | $1,299,900* List Price | 4 | 3 | 2,070 | $599 | - |
A 1623 Fordham Avenue Sold | $1,560,000 | 4 | 2 | 1,956 | $798 | 0.3 mi |
B 635 W Velarde Drive Sold | $1,010,000 | 4 | 3 | 2,271 | $445 | 0.9 mi |
C 2050 Truett Circle Sold | $1,475,000 | 4 | 2 | 2,389 | $617 | 0.2 mi |
D 2026 Stonehill Circle Sold | $1,285,000 | 3 | 3 | 2,029 | $633 | 0.3 mi |
E 2153 Cook Circle Sold | $1,037,500 | 4 | 2 | 1,734 | $598 | 0.9 mi |
F 176 W Gainsborough Road Sold | $981,000 | 4 | 2 | 1,961 | $500 | 0.8 mi |
G 1252 Hendrix Avenue Sold | $1,050,000 | 5 | 2 | 2,085 | $504 | 0.9 mi |
H 1209 Greenfield Street Sold | $1,250,000 | 5 | 2 | 2,085 | $600 | 0.8 mi |
I 602 Lotus Ave. Active | $1,420,000 List Price | 3 | 2 | 1,889 | $752 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is in well-maintained but significantly dated condition. The kitchen and bathrooms appear to be mostly original or feature very old updates (30+ years), including oak cabinetry, white tile countertops, and fluorescent light boxes. While the home is functional and move-in ready, it requires comprehensive cosmetic modernization and likely updates to aged systems to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13503, living area = 2070.
Situated on over one-third of an acre (13,503 sqft), the property offers a rare amount of outdoor space for the area, providing privacy and significant potential for a pool, ADU, or custom landscaping.
The 2,070 square foot single-level floor plan is highly sought after for its accessibility and functional flow, featuring four bedrooms and three baths in a well-established neighborhood.
The description's emphasis on 'potential to make it your own' suggests the 1976 interior may require significant cosmetic updates and renovations to meet contemporary luxury standards.
Given the 1976 construction date, buyers should anticipate potential capital expenditures for aging systems such as plumbing, electrical, or roofing that are common in homes of this vintage.
Welcome to 1879 Marian Avenue, an exceptional single-story residence nestled ON A HUGE CORNER LOT in one of Thousand Oaks most established and desirable neighborhoods. This spacious 4-bedroom, 3-bath home offers approximately 2,070 square feet of thoughtfully designed living space on an expansive lot of over one-third of an acre. Filled with abundant natural light, the functional floor plan provides generous living and entertaining areas, creating a warm and inviting atmosphere throughout. The large backyard offers endless possibilities for outdoor living, gardening, or future enhancements while providing a peaceful setting to relax and unwind. Conveniently located near highly regarded schools, parks, shopping, dining, and scenic hiking trails, this home combines comfort, privacy, and an outstanding location. A wonderful opportunity to own a beautiful property in the heart of Thousand Oaks with endless potential to make it your own.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.9 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,070 | 2,085.5 |
| Lot Size | 13,503 | 9,147 |
| Price | $1.30M | $1.16M |
| Price per sq ft | $628 | $569 |
| Built year | 1976 | 1978 |
| HOA | $0 | $180 |
| Days on market | 9 | 50 |
Jul 13, 2026
$1,299,900
Initial Listing