
Oak Park, California 91377
This 5-bedroom single-family residence represents a Strong Value Opportunity, listed at $1,228,800—positioned above the $1,133,257 Fair Market Value. While the list price exceeds the current valuation, the property offers significant upside through modernization. Featuring a 4/5 Condition Rating, the home provides a blank canvas for value-add renovations, including updating the original 1991 primary bath. Located in the acclaimed Ventura Unified School District, this home is perfect for Value-Add Investors or Owner-Occupants seeking to build long-term equity in a highly desirable Oak Park community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 256 Ocho Rios Subject | $1,192,800* List Price | 5 | 3 | 2,247 | $482 | - |
A 445 Cremona Way Sold | $1,250,000 | 4 | 3 | 2,088 | $599 | 0.4 mi |
B 5118 Churchwood Drive Sold | $1,180,000 | 3 | 3 | 2,071 | $570 | 0.6 mi |
C 588 Monteleone Avenue Active | $1,200,000 List Price | 3 | 3 | 2,041 | $588 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is over 30 years old and shows a mix of conditions. While the kitchen has been recently renovated with modern white cabinetry and stone counters, the primary bathroom remains in its original 1991 state with dated oak cabinets and gold-trimmed fixtures. The listing description explicitly notes the home can be 'modernized to your taste,' confirming that significant portions of the interior require updates to meet modern standards.
Situated in the highly sought-after Oak Park community, the property offers access to top-rated schools and is within walking distance to local campuses, making it a premier choice for families.
Marketed as a 'blank canvas,' this property provides a rare opportunity for buyers to modernize to their own taste and build immediate sweat equity in a high-demand neighborhood.
The spacious 2,247 sqft floor plan includes five bedrooms, offering excellent flexibility for a home office, den, or multi-generational living arrangements.
The property is positioned as needing vision and creative updates, indicating that the interior is likely dated and will require additional capital investment after purchase.
With a lot size of just 3,746 square feet for a large five-bedroom residence, the backyard and outdoor living areas are relatively small compared to typical suburban standards.
BUY THE SPACE. CREATE THE LOOK. BUILD THE VALUE. WHY NOT S-P-R-E-A-D OUT? Space gives you options. And options create opportunity. Created offering price gap to build equity potential. With vision, creativity, and smart spending, this wide-open floor plan can be modernized to your taste while giving you the potential to create real equity. DIGITALLY enhanced ideas shared for future options if exercised. Peaceful Oak Park Living (+) Acclaimed Schools (+) Convenient Community Amenities = Exceptional Lifestyle! Discover the lifestyle that makes Oak Park so highly sought after: acclaimed schools, a strong sense of community, beautiful parks, a community pool, scenic walking trails, and miles of nearby hiking & golf. Peaceful and serene from the moment you enter, the community offers a welcome retreat while remaining conveniently close to the 101 Freeway, Westlake Village, Calabasas, & scenic drive to the coast. The Four Seasons Hotel, local shopping, dining, and everyday conveniences are all just a short drive away. An exceptional opportunity to enjoy nature, connection, and convenience in one of the area’s most desirable communities. A refreshing, wide open floor plan welcomes you from the moment you enter. The open concept kitchen flows seamlessly into the living space with a cozy fireplace, creating an inviting setting for everyday living and entertaining. The private backyard offers a comfortable place to relax and gather with family and friends. Upstairs are five (5) bedrooms and two baths, with the fourth bedroom offering flexibility as a den or home office, plus a convenient half bath downstairs. Located within walking distance of the school and near a convenient student pickup location. (5+2 UP / 5th: maintain as a bedroom / home office / Den / 1/2 guest bath down stairs). We have shared multi options for your interior and exterior vision with before and after ideas. Why pay for previous owners vision at a premium?!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.2 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,247 | 2,153.577 |
| Lot Size | 3,746 | 6,561.731 |
| Price | $1.19M | $1.30M |
| Price per sq ft | $531 | $626 |
| Built year | 1991 | 1987 |
| HOA | $123.0 | $233 |
| Days on market | 30 | 51 |
Sep 3, 2026
$1,192,800
$1,228,800
-3% Price Drop
Initial Listing
Aug 27, 2026
$1,228,800
$1,268,800
-3% Price Drop
Initial Listing
Aug 10, 2026
$1,268,800
Initial Listing
Mar 18, 2020
$900,000
Public Record