740 Benson Way, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 3 bath
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Thousand Oaks, California 91360
This Value-Add Residential Asset represents a Strong Value Opportunity, with a List Price of $815,000—positioned well below the $892,703 Fair Market Value by 8%. This valuation gap provides $77,703 in Instant Equity for buyers ready to address its Dated Condition Rating. The property features a rare attached 1-bedroom ADU and mountain views, offering significant ROI through modernization and rental income. Situated on an 8,150 sqft lot near Westlake High School, this project is ideal for Fix-and-Flip Investors or Owner-Occupants seeking a high-equity "house hack."
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 740 Benson Way Subject | $815,000* List Price | 4 | 3 | 2,210 | $404 | - |
A 37 Wales Street Sold | $960,000 | 5 | 2 | 2,085 | $460 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a highly dated 'time-capsule' condition, featuring original 1960s dark wood kitchen cabinetry, green shag carpeting, and obsolete fluorescent and decorative light fixtures. Both the main house and the ADU require a complete interior rehabilitation, including new flooring, modern kitchens, and updated bathrooms, to meet current market standards. The listing description explicitly markets the home as a 'vision' project requiring substantial investment.
The property features a rare 1-bedroom, 1-bathroom attached ADU, offering immediate potential for rental income, a guest suite, or a private home office.
With 2,210 square feet of living space and a functional two-story layout, this home provides a significant opportunity for buyers to build equity through cosmetic updates and modernization.
The generous 8,150 square foot lot includes a large, private backyard and an extended driveway, providing ample room for outdoor entertaining, gardening, or further development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8150, other record lot size in square feet = 7840. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1965 and marketed as a 'vision' project, the home likely requires a substantial investment in renovations to update the kitchen, bathrooms, and overall interior finishes.
While the area is served by a high-performing high school, the immediate elementary school carries a lower rating, which may be a concern for families prioritizing primary education scores.
Opportunity knocks in this spacious two-story home situated on a large lot with endless potential! Featuring 3 bedrooms and 2 bathrooms, this property offers a functional layout with generously sized living areas, including a bright living room with a cozy brick fireplace and a separate dining area off the kitchen.The kitchen provides ample cabinet space and a great footprint, ready for your personal touch. Upstairs, you'll find well-proportioned bedrooms and a convenient layout ideal for comfortable living. This property offers a 1 bedroom 1 full bath attached ADU.Step outside to a huge backyard with plenty of room to expand, create your dream outdoor space. The lot offers privacy and room for entertaining, gardening, or future development.Additional features include a 2-car garage, extended driveway, and a desirable location close to schools, parks, and local amenities.This is a fantastic opportunity for buyers looking to customize and add value--bring your vision and make it your own!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,210 | 2,082 | 62% |
| Lot Size | 8,150 | 9,583 | 22% |
| Price | $815.0K | $1.08M | 11% |
| Price per sq ft | $369 | $556 | 5% |
| Built year | 1965 | 1970 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 170 | 2% |
Mar 25, 2026
$815,000
Initial Listing