2717 Los Robles Road, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 2 bed, 1 bath
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Thousand Oaks, California 91362
This property presents a High-Potential Investment Opportunity with a List Price of $849,900—positioned well above the $741,610 Fair Market Value. While the pricing reflects the land value, the 11,761 sq. ft. lot offers significant development potential, including ADU construction or multi-unit expansion. With a Condition Rating of 4, the structure requires comprehensive modernization. Located near Westlake High School, this asset provides a rare foundation for value-add strategies. It is an ideal acquisition for Buy-and-Hold Investors or Developers seeking to capitalize on the expansive lot and zoning flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2717 Los Robles Road Subject | $849,900* List Price | 2 | 1 | 1,338 | $554 | - |
A 2685 Los Feliz Drive Sold | $618,000 | 3 | 2 | 1,249 | $495 | 0.2 mi |
B 2457 Chiquita Lane Sold | $835,000 | 3 | 1 | 1,058 | $789 | 0.3 mi |
C 2453 Los Feliz Sold | $755,000 | 3 | 2 | 1,120 | $674 | 0.3 mi |
D 1835 Los Feliz Drive Active Under Contract | $990,000 List Price | 3 | 2 | 1,285 | $770 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1936 and marketed as an investment/development opportunity, the home is significantly dated. While the interior appears clean and 'well-maintained' per the description, the kitchen cabinetry and bathroom finishes appear to be over 20 years old. The presence of exposed wiring in living areas and the age of the structure suggest the need for system updates and modern remodeling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1338.
The expansive 11,761 sq. ft. lot with alley access provides a rare opportunity for investors to remodel, add an ADU, or explore multi-unit development in a rapidly improving neighborhood.
The property boasts a private and peaceful setting featuring mature oak trees, grapevines, and a variety of fruit trees, offering immediate character and curb appeal.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1338, other record living area = 960.
Built in 1936 with only one bathroom, the home's original layout and infrastructure likely require significant modernization to meet current market expectations.
The small bathroom-to-bedroom ratio and the age of the structure may necessitate a full-scale renovation or teardown, increasing the initial capital investment required.
Attention Investors & Developers! First time on the market in over 40 years. This well-maintained home offers 3 bedrooms, 1 bathroom, and approximately 1,338 sq. ft. of living space on an expansive 11,761 sq. ft. lot. The possibilities are endless! Remodel the existing home, add an ADU, or explore additional development potential (buyer to verify with the city). The surrounding neighborhood features numerous properties with two and three units on similar-sized lots, making this an exceptional opportunity in a rapidly improving area. The property also features a covered patio, fire pit, mature oak trees, grapevines, and a variety of fruit trees, including orange, lemon, and fig, creating a private and peaceful setting. Additional amenities include alley access, an attached workshop off the garage, and two separate storage sheds. Conveniently located near shopping, dining, schools, and major freeways, this is a rare opportunity to own a large lot with incredible upside potential. Don't miss this exceptional investment
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,338 | 2,085.5 |
| Lot Size | 11,761 | 9,147 |
| Price | $849.9K | $1.16M |
| Price per sq ft | $635 | $569 |
| Built year | 1936 | 1978 |
| HOA | $0 | $180 |
| Days on market | 28 | 50 |
Jun 24, 2026
$849,900
Initial Listing