2616 Calle Olivo, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 2 bath
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2616 Calle Olivo
Thousand Oaks, California 91360
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,324Sq Ft
12,908Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$846,139
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned well below the $846,139 Fair Market Value (Note: Market data indicates a premium listing). While the property requires a full interior refresh due to its Fair Condition Rating, the expansive 12,908 sq. ft. lot offers significant A.D.U. Potential. This asset is ideal for Buy-and-Hold Investors or Contractors seeking to build immediate equity through strategic modernization in the established Conejo Valley Unified district.
Estimated Market Value
$846,139
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2616 Calle Olivo Subject 4 bd · 2 ba · 1,324 sqft · $639 | $899,000* List Price | 4 | 2 | 1,324 | $639 | - |
A 2665 Calle Limonero Sold 4 bd · 2 ba · 1,534 sqft · $554 · 0.2 mi | $850,000 | 4 | 2 | 1,534 | $554 | 0.2 mi |
B 1254 Calle Pimiento Sold 4 bd · 2 ba · 1,534 sqft · $508 · 0.3 mi | $780,000 | 4 | 2 | 1,534 | $508 | 0.3 mi |
C 912 Calle Tulipan Sold 3 bd · 1 ba · 979 sqft · $756 · 0.6 mi | $740,000 | 3 | 1 | 979 | $756 | 0.6 mi |
D 826 Calle Nogal Sold 3 bd · 1 ba · 944 sqft · $678 · 0.6 mi | $640,000 | 3 | 1 | 944 | $678 | 0.6 mi |
E 607 Calle Tulipan Active Under Contract 4 bd · 2 ba · 1,324 sqft · $623 · 0.5 mi | $825,000 List Price | 4 | 2 | 1,324 | $623 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1960 (64 years old) and explicitly described as a 'cosmetic fixer' after long-term tenant occupancy. The interior features dated popcorn ceilings, worn carpeting, and older finishes that indicate a need for a full rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12908, living area = 1324.
- ADU Potential & Lot Size
The expansive 12,908 sq. ft. lot provides significant space for a potential Accessory Dwelling Unit (ADU), offering excellent value-add opportunities for investors or multi-generational living.
- Investment Opportunity
As a cosmetic fixer priced competitively for Thousand Oaks, this property presents a prime opportunity to build immediate equity through strategic renovations and modernization.
CONSRISKS & DEFICIENCIES
- Cosmetic Condition
Described as a cosmetic fixer that has been tenant-occupied for years, the property requires a comprehensive refresh to address deferred maintenance and outdated finishes.
- Vintage Infrastructure
Built in 1960, the home likely requires modernization of its core systems to align with contemporary efficiency and safety standards, increasing the total cost of ownership.
About 2616 Calle Olivo
Four bed two bath with enclosed patio Cosmetic fixer. Has been tenant occupied for years and Just needs a little love. Super large back yard. Good candidate for A.D.U. Nice new shed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 12,908 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,324 | 2,127.858 |
| Lot Size | 12,908 | 9,656.536 |
| Price | $899.0K | $1.15M |
| Price per sq ft | $679 | $559 |
| Built year | 1960 | 1974 |
| HOA | $0 | $200 |
| Days on market | 24 | 50 |
Pricing History
Listed for Sale
Sep 30, 2026
$899,000
Initial Listing
Sold
Aug 9, 2004
$540,000
Public Record