545 E Gainsborough Road, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 2 bath
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Thousand Oaks, California 91360
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned well above the $813,038 Fair Market Value by 10%. While the home features Extensive Infrastructure Upgrades like Romex wiring and double-pane windows, it carries a Fair Condition Rating due to dated finishes and a known ceiling leak. The large, flat 0.22-acre lot offers significant potential for ADU construction or expansion. This asset is best suited for Buy-and-Hold Investors or Contractors capable of addressing maintenance issues to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 545 E Gainsborough Road Subject | $895,000* List Price | 4 | 2 | 1,145 | $710 | - |
A 1230 Whitecliff Road Sold | $810,000 | 4 | 2 | 1,145 | $707 | 0.4 mi |
B 685 Paige Lane Sold | $865,000 | 2 | 2 | 1,220 | $709 | 0.3 mi |
C 1005 Sheffield Place Sold | $800,000 | 4 | 2 | 1,243 | $644 | 0.4 mi |
D 628 Paige Lane Sold | $810,000 | 3 | 2 | 1,296 | $625 | 0.3 mi |
E 807 Briar Cliff Road Sold | $945,000 | 4 | 3 | 1,531 | $617 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property features excellent system upgrades including Romex wiring, a tankless water heater, and an 8-year-old furnace, the overall aesthetic is dated. The 'Fair' rating is specifically applied due to the age of the interior finishes and the disclosure of a known ceiling water leak requiring repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1145.
The property boasts significant 'behind-the-walls' improvements, including updated Romex wiring, double-pane windows, a tankless water heater, and comprehensive insulation for both energy efficiency and sound deadening.
Situated on a nearly quarter-acre flat lot, the property offers rare usable outdoor space in Thousand Oaks, providing excellent potential for ADU construction, gardening, or expansion.
For a four-bedroom residence, the 1.5-bath configuration is a notable drawback that may impact daily convenience for families and overall market competitiveness.
The disclosure of an active ceiling water leak, despite the offered $3,000 concession, indicates the need for immediate repair and potential underlying roof or structural assessment.
This single-family home features 1198 sq. ft. Home lot size is approx. ¼ acre. Lot is all flat. 4 bedrooms and 1.5 baths. No HOA All wiring has been updated to Romex and added circuits. Exterior walls and ceiling have been insulated. Can lights and track lights throughout. A/C. Exterior mounted tankless water heater. Windows replaced with insulated double pane. Interior walls insulated for sound deadening. Gas furnace replaced approx. 8 years old. Enclosed 10’x12’ storage shed. Separate covered storage for yard equipment. Seller will provide a concession of $3000 for known ceiling water leak.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,145 | 2,085.5 |
| Lot Size | 9,583 | 9,147 |
| Price | $895.0K | $1.16M |
| Price per sq ft | $782 | $569 |
| Built year | 1962 | 1978 |
| HOA | $0 | $180 |
| Days on market | 2 | 50 |
Jul 20, 2026
$895,000
Initial Listing
Dec 21, 2005
$579,000
Public Record
Sep 29, 1998
$189,000
Public Record