721 N Lois Avenue, Newbury Park, California 91320, Newbury Park, 91320 - 4 bed, 2 bath
721 N Lois Avenue
Newbury Park, California 91320
Property Price
SUMMARY
Analysis of 721 N Lois Avenue, Newbury Park, California 91320 reveals a Fairly Priced Property with a current list price of $920,000 aligned with the estimated $907,576 Fair Market Value. This represents a stable investment opportunity at market rate. 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 Newbury Park 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 721 N Lois Avenue Subject | $920,000* List Price | 4 | 2 | 1,777 | $511 | - |
A 560 Randy Drive Sold | $850,000 | 3 | 2 | 1,451 | $586 | 0.4 mi |
B 149 S Dewey Sold | $970,000 | 3 | 2 | 1,827 | $531 | 0.9 mi |
C 585 N Wendy Drive Sold | $675,000 | 3 | 2 | 1,633 | $413 | 0.2 mi |
D 261 Hiram Avenue Sold | $965,000 | 4 | 2 | 1,541 | $626 | 0.7 mi |
E 90 Lupe Avenue Sold | $945,000 | 5 | 3 | 1,934 | $489 | 0.8 mi |
F 2606 Theresa Street Active Under Contract | $949,000 List Price | 4 | 3 | 1,946 | $488 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant upgrades, including a remodeled kitchen with KraftMaid custom cabinetry and granite countertops. Recent improvements such as fresh interior paint, new vanity lighting, and updated bathroom fixtures enhance its appeal. While the home was built in 1966, it has been well-maintained with a newer heater and roof repairs; however, the lack of central air conditioning and the age of the original infrastructure keep it from the 'excellent' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1777.
- ADU Potential
The detached garage and generous 8,276 sq ft lot provide a prime opportunity for an Accessory Dwelling Unit (ADU), offering significant future value-add and rental income potential.
- Turnkey Upgrades
The property features extensive recent improvements, including a remodeled kitchen with KraftMaid cabinetry, fresh interior paint, and essential repairs to the roof and driveway, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Lack of Central Cooling
The property does not have a central air conditioning system, which may be a drawback for buyers during peak summer temperatures despite the area's temperate climate.
- Vintage Infrastructure
Built in 1966, the home may have original underlying systems or structural elements that could require ongoing maintenance or modernization beyond the recent cosmetic and surface-level upgrades.
About 721 N Lois Avenue
Beautifully Updated Casa Conejo Home with Views, Space & ADU PotentialPerched near the top of Lois Avenue, this beautifully maintained 4-bedroom, 2-bath Casa Conejo home offers panoramic mountain views, a spacious 8,276 sq ft lot, and a thoughtful blend of comfort, upgrades, and future potential.Inside, the home features a large, upgraded kitchen with KraftMaid custom cabinetry, granite countertops, and a GE Signature oven and stove, opening seamlessly to the main living areas--perfect for everyday living and entertaining. The entire home has been freshly painted, creating a light, clean, move-in-ready feel throughout.Designed with lifestyle in mind, the property offers a gated front courtyard, expansive side and back yards, and a new back patio cover, making it ideal for a young family, outdoor gatherings, or simply enjoying the peaceful surroundings. The detached garage provides excellent ADU potential, adding long-term flexibility and value.Recent upgrades include a new dishwasher, newer heater, newer roll-up garage door, newer side doors, new front door locks, new vanity lighting, new bathroom mirrors and faucet, updated cabinet knobs and closet door pulls, a new doorbell, roof repairs, driveway repairs, fencing improvements, and beautifully refreshed landscaping.Located just a short walk to Walnut Elementary and Newbury Park High School, the home also benefits from cool ocean breezes and a temperate climate, minimizing the need for air conditioning. Casa Conejo's National Firewise certification further enhances peace of mind and can be a plus for homeowners insurance.This is a rare opportunity to own a turnkey home with views, space, and future upside in one of Newbury Park's most desirable neighborhoods.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1966
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 38% |
| Square foot | 1,777 | 1,995 | 38% |
| Lot Size | 8,276 | 7,840 | 51% |
| Price | $920.0K | $1.01M | 31% |
| Price per sq ft | $518 | $533 | 41% |
| Built year | 1966 | 1977 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 178 | 1% |
Pricing History
Listed for Sale
Mar 1, 2026
$920,000
Initial Listing