
Thousand Oaks, California 91360
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned slightly above the $986,464 Fair Market Value. While the property requires a full rehabilitation due to its Fair/Poor Condition Rating, the 9,147-square-foot lot and four-bedroom layout provide a solid foundation for value-add renovations. Located near top-rated schools like Thousand Oaks High and Wildwood Elementary, this asset offers significant long-term upside. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a substantial renovation project in a desirable neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 195 W Avenida De Las Flores Subject | $999,000* List Price | 4 | 3 | 2,305 | $423 | - |
A 635 W Velarde Drive Sold | $1,010,000 | 4 | 3 | 2,271 | $445 | 0.8 mi |
B 612 Azalea Street Sold | $944,926 | 4 | 3 | 1,900 | $497 | 0.8 mi |
C 252 W Columbia Road Sold | $875,000 | 5 | 3 | 1,804 | $485 | 0.9 mi |
D 2769 Beckett Court Sold | $965,000 | 4 | 2 | 1,986 | $486 | 0.3 mi |
E 1970 Ferndale Place Sold | $899,000 | 3 | 2 | 1,611 | $558 | 0.7 mi |
F 2219 Goldsmith Avenue Sold | $843,000 | 4 | 2 | 1,626 | $518 | 0.5 mi |
G 417 W Columbia Road Sold | $910,000 | 3 | 3 | 1,769 | $514 | 1.0 mi |
H 1558 Dover Avenue Active | $1,050,000 List Price | 4 | 2 | 2,085 | $504 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1966 with no evidence of recent renovations. The interior features original popcorn ceilings, dated wallpaper, worn carpeting, and obsolete bathroom fixtures. As an REO property, it requires a full rehabilitation and systems overhaul to meet modern standards.
With 2,305 square feet and a functional four-bedroom, three-bathroom layout, this ranch-style home provides a spacious foundation and a versatile floor plan featuring dual fireplaces and separate living areas.
The oversized 9,147-square-foot lot includes a paved backyard and a unique Koi pond, offering significant privacy and ample room for outdoor entertaining or future landscape expansions.
The property is ideally situated within a desirable Thousand Oaks neighborhood, offering close proximity to highly-rated schools such as Thousand Oaks High and Wildwood Elementary.
As a bank-owned (REO) property, it is likely sold in as-is condition, which may involve a more complex purchase process and the risk of deferred maintenance.
Built in 1966 and marketed for its 'potential,' the home likely requires substantial capital investment for modern upgrades and repairs to bring it up to contemporary standards.
This unique ranch-style REO property offers significant potential, featuring a spacious, open floor plan with four bedrooms and three bathrooms.Key features include: - Separate living and family rooms, each with its own fireplace. - A bright family room with a sliding glass door that opens to a paved backyard complete with small Koi pond. - A dedicated dining area well-suited for formal gatherings. - Four bedrooms providing excellent opportunities for custom upgrades. - An oversized 9,147-square-foot lot, offering ample space for outdoor entertaining.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,305 | 2,074.024 |
| Lot Size | 9,147 | 9,277.097 |
| Price | $999.0K | $1.15M |
| Price per sq ft | $433 | $564 |
| Built year | 1966 | 1974 |
| HOA | $0 | $191 |
| Days on market | 49 | 50 |
Jul 22, 2026
$999,000
Initial Listing