613 Orangewood Avenue, Thousand Oaks, California 91320, Thousand Oaks, 91320 - 4 bed, 2 bath
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Thousand Oaks, California 91320
This Single Family Residence represents a Strong Value Opportunity, listed at $874,000—positioned well below the $885,682 Fair Market Value by 1.3%. This valuation gap offers $11,682 in Instant Equity. Featuring a Fair Condition Rating (4/10), the property includes a detached flex space and an expansive 9,147 sq. ft. lot with mountain views. While the interior requires cosmetic updates, the layout provides significant potential for customization. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile property in Newbury Park.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 613 Orangewood Avenue Subject | $874,000* List Price | 4 | 2 | 1,137 | $779 | - |
A 2967 Firwood Court Active | $1,099,000 List Price | 3 | 2 | 1,380 | $796 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this home is well-maintained but shows its age with dated features such as popcorn ceilings and older laminate flooring. While the addition of solar panels and a detached studio provide value, the interior finishes and likely the kitchen/baths (not pictured but implied by general condition) appear to be over 20 years old, necessitating cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9147, living area = 1137.
The property sits on a generous 9,147 square foot lot, offering significant potential for outdoor entertaining, gardening, or future customization such as a pool or ADU.
A standout detached outdoor office/art studio provides a versatile workspace perfect for remote professionals, hobbyists, or a home gym without occupying interior living area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms packed into just 1,137 square feet, the individual rooms and living areas may feel cramped and lack the spaciousness expected in a family home.
Built in 1971, the home may require significant capital investment for modernizing major systems or cosmetic updates to meet contemporary buyer standards.
Welcome to 613 Orangewood Ave in the heart of Newbury Park! This charming 4-bedroom, 2-bathroom home offers 1,137 square feet of thoughtfully designed living space on an expansive 9,147 square foot lot. Inside, you'll find a bright and functional layout with comfortable living spaces, flexible bedroom options, and a warm, inviting feel throughout. The home is ideal for those seeking both practicality and charm in a one of a kind neighborhood. Step outside to enjoy the amazing oversized backyard with endless potential for entertaining, gardening, play, or future customization.This yard is something truly spectacular and a must see! A standout feature of the property is the detached outdoor office/art studio -- perfect for working from home, creative projects, a gym, or additional flex space. Conveniently located near parks, schools, shopping, dining, and scenic hiking trails, this Newbury Park gem combines indoor comfort with exceptional outdoor living opportunities. Don't miss the chance to make this versatile property your next home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 40% |
| Square foot | 1,137 | 2,036 | 2% |
| Lot Size | 9,147 | 8,276 | 64% |
| Price | $874.0K | $1.10M | 13% |
| Price per sq ft | $769 | $543 | 94% |
| Built year | 1971 | 1978 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 141 | 1% |
May 23, 2026
$874,000
Initial Listing
Dec 3, 2004
$490,000
Public Record