3040 Crescent Way, Thousand Oaks, California 91362, Thousand Oaks, 91362 - 0 bed, 0 bath
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3040 Crescent Way
Thousand Oaks, California 91362
ACTIVE
CONDITION: FAIR
0Beds
0Baths
2,547Sq Ft
5,600Lot Size
Property Price
LIST PRICE$1,300,000
SUMMARY
Tucked away on a cul-de-sac in Thousand Oaks, 3040-3042 Crescent Way is a well-maintained townhouse-style duplex that combines comfortable living with an attractive investment opportunity. Each two-bedroom, one-and-a-half-bath residence has its own fenced patio, creating a private spot to relax, dine outdoors, or enjoy a morning coffee. Two dedicated parking spaces per unit add everyday convenience.The property has been thoughtfully cared for and improved, with a layout that gives each residence a welcoming, individual feel. With rents of approximately $3,200 or more per unit per month, it offers immediate income potential for an investor, along with the flexibility for an owner to live in one unit and rent the other. Close to shopping, dining, and local amenities, this is a chance to own a distinctive duplex in Thousand Oaks.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2002, this 24-year-old property is well-maintained and functional but shows its age. The kitchen features older cathedral-style cabinets that have been painted over, and the bathroom retains a dated vanity and basic finishes, indicating a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
With projected rents of $3,200 or more per unit, this duplex offers immediate cash flow and excellent flexibility for an owner-occupant to 'house hack' by living in one unit while renting the other.
- Modern Townhouse Design
Built in 2002, this property is newer than many area multi-family options, featuring a desirable townhouse-style layout, private fenced patios, and dedicated parking that appeals to high-quality tenants.
- Prime Location and Schools
Situated on a quiet cul-de-sac with mountain views, the property benefits from proximity to local amenities and enrollment in the highly-regarded Westlake High School district.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5600, other record lot size in square feet = 5662.
- Limited Bathroom Count
Each unit only offers 1.5 bathrooms, which may be a competitive disadvantage compared to newer rentals that typically provide two full bathrooms for two-bedroom configurations.
- Compact Lot Size
The 5,600 square foot lot is relatively modest for a duplex, which limits outdoor yard space and may restrict future expansion or the addition of an Accessory Dwelling Unit (ADU).
About 3040 Crescent Way
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 2002
- Lot Size
- 5,600 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Thousand Oaks Unified Schools
Conejo Elementary School
Grades K-5 • 0.7 mi
4/10
Colina Middle School
Grades 6-8 • 1.2 mi
6/10
Westlake High School
Grades 9-12 • 1.3 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Oct 13, 2026
$1,300,000
$1,350,000
-4% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$1,350,000
Initial Listing
Sold
Aug 6, 2018
$900,000
Public Record
Sold
Aug 29, 2003
$565,000
Public Record