
Thousand Oaks, California 91320
Analysis of 653 Calle Clavel, Thousand Oaks, California 91320 is currently available with a list price of $860,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Thousand Oaks Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property is move-in ready with significant updates to the primary residence, including a remodeled open-concept kitchen with a granite island and stainless steel appliances. The interior features updated laminate flooring, recessed lighting, and well-maintained bathrooms. While the home dates back to 1960, the recent renovations and the addition of functional (though pending legal permitting) ADU spaces elevate its condition above fair, meeting the criteria for a well-maintained, updated home.
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 = 1950.
The property features both a detached ADU and a converted garage Jr ADU, providing a rare opportunity for substantial rental revenue or multi-generational living.
The main residence includes a remodeled open-concept kitchen with a granite island, offering a contemporary and high-value upgrade for the homeowner.
The additional units require city permitting to be finalized as legal ADUs, which may involve unforeseen costs, time, and regulatory challenges for the buyer.
Identified as a 'value-add' property from 1960, it likely requires further investment in repairs or modernization beyond the updated kitchen to reach its full potential.
Thousand Oaks Retreat with Incredible Income Potential!Value-add alert! This 5-bedroom, 4-bathroom property (total room count) is a versatile find in a prime location. The primary 3BR/2BA home (pictures coming soon) has been updated with a remodeled open kitchen and granite island.The property also features two additional ''bonus'' units: a converted garage Jr ADU 1-bedroom studio and a detached ADU 1BR/1BA structure. With a bit of vision and city permitting, these spaces can be finalized as legal ADUs for significant rental revenue or used as-is for a sprawling family multi generational estate. Situated on a generous 9,000 + sq. ft. lot with RV parking and an above-ground spa, this home is perfectly located near top-rated schools, parks, and hiking trails.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 4.0 | 3.0 | 85% |
| Square foot | 1,950 | 2,035 | 44% |
| Lot Size | 9,583 | 8,276 | 68% |
| Price | $860.0K | $1.07M | 13% |
| Price per sq ft | $441 | $535 | 13% |
| Built year | 1960 | 1978 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 169 | 2% |
Mar 31, 2026
$860,000
Initial Listing
Feb 2, 2018
$550,000
Public Record
Apr 4, 2007
$480,000
Public Record
Jun 15, 2001
$258,000
Public Record