880 E Avenida De Las Flores, Thousand Oaks, California 91360, Thousand Oaks, 91360 - 4 bed, 2 bath
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880 E Avenida De Las Flores
Thousand Oaks, California 91360
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,735Sq Ft
10,625Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,146,696
9% AboveMARKET VALUE
SUMMARY
This Turnkey Multi-Unit Asset is a Strong Value Opportunity, listed at $1,250,000—positioned above the $1,146,696 Fair Market Value. While priced at a premium, the property features a High-End Condition Rating with a modernized main residence and two brand-new, permitted ADUs generating $4,400 in monthly income. Located just 0.3 miles from Thousand Oaks High School, this property offers exceptional utility and immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through established rental streams.
Estimated Market Value
$1,146,696
Based on Realkey algorithm analyzing recent comparable sales in Thousand Oaks.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 880 E Avenida De Las Flores Subject 4 bd · 2 ba · 1,735 sqft · $661 | $1,250,000* List Price | 4 | 2 | 1,735 | $661 | - |
A 353 Kevin Street Sold 3 bd · 2 ba · 1,613 sqft · $632 · 0.4 mi | $1,020,000 | 3 | 2 | 1,613 | $632 | 0.4 mi |
B 2343 Calle Alucema Sold 4 bd · 3 ba · 1,788 sqft · $615 · 0.7 mi | $1,100,000 | 4 | 3 | 1,788 | $615 | 0.7 mi |
C 2934 Globe Avenue Sold 3 bd · 2 ba · 1,712 sqft · $672 · 0.9 mi | $1,150,000 | 3 | 2 | 1,712 | $672 | 0.9 mi |
D 2168 Young Avenue Sold 4 bd · 2 ba · 1,623 sqft · $601 · 0.9 mi | $975,000 | 4 | 2 | 1,623 | $601 | 0.9 mi |
E 1881 Wellesley Drive Sold 4 bd · 3 ba · 1,791 sqft · $684 · 0.3 mi | $1,225,000 | 4 | 3 | 1,791 | $684 | 0.3 mi |
F 104 Tarkio Street Sold 5 bd · 3 ba · 2,050 sqft · $566 · 0.9 mi | $1,160,000 | 5 | 3 | 2,050 | $566 | 0.9 mi |
G 2153 Cook Circle Sold 4 bd · 2 ba · 1,734 sqft · $598 · 0.7 mi | $1,037,500 | 4 | 2 | 1,734 | $598 | 0.7 mi |
H 975 E Avenida De Los Arboles Active 4 bd · 3 ba · 1,771 sqft · $559 · 0.5 mi | $989,999 List Price | 4 | 3 | 1,771 | $559 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a comprehensive recent renovation of the main residence and two brand new, fully permitted ADUs. Interior images show a modernized kitchen with stainless steel appliances, new shaker cabinetry, updated flooring, recessed lighting, and updated HVAC systems, fitting the criteria for a high-end renovation under 5 years old.
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 = 10625, living area = 1735.
- Exceptional Income Potential
The property generates a robust $4,400 monthly from two brand-new, permitted ADUs, with a total potential income of $8,400, offering a high-yield opportunity for investors or house-hackers.
- Turnkey Multi-Unit Setup
With a modernized main residence and two newly constructed detached units, the property is move-in ready and requires no immediate renovation, ensuring immediate cash flow and low maintenance.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1735, other record living area = 1358. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Premium Price per Square Foot
The list price of $1,250,000 for 1,735 total square feet represents a high cost per foot, which may be a concern for buyers prioritizing interior living space over income potential.
- Potential Privacy Constraints
Managing three separate tenancies on a 10,625 square foot lot may lead to limited private outdoor space and increased density, potentially impacting the living experience for an owner-occupant.
About 880 E Avenida De Las Flores
Generating approximately $8,400 per month in potential rental income, 880 E Avenida de las Flores presents an exceptional investment opportunity in Thousand Oaks. The property features a beautifully renovated main residence and a detached structure with two brand new, fully permitted ADUs totaling 735 square feet. The ADUs include a two bedroom, one bathroom unit and a separate studio, already generating a combined $4,400 per month in rental income from existing tenants.The modernized main house offers a move in ready living experience, while the two rear units provide immediate rental income. Investors can rent all three units to create multiple income streams, or owner occupants can live in the main residence while collecting $4,400 per month from the ADUs to help offset mortgage payments. With the main house estimated to rent for approximately $4,000 per month, the property offers an attractive opportunity for both investors and homeowners.Conveniently located near shopping, dining, parks, and freeway access, this property combines modern living, established rental income, and long term investment potential. Offered at $1,250,000, this is a unique opportunity to live, invest, or do both.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 10,625 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
Thousand Oaks Unified Schools
Glenwood Elementary School
Grades K-5 • 1.0 mi
4/10
Weathersfield Elementary School
Grades K-5 • 1.2 mi
8/10
Los Cerritos Middle School
Grades 6-8 • 1.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,735 | 2,127.858 |
| Lot Size | 10,625 | 9,656.536 |
| Price | $1.25M | $1.15M |
| Price per sq ft | $720 | $559 |
| Built year | 1960 | 1974 |
| HOA | $0 | $200 |
| Days on market | 10 | 50 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,250,000
Initial Listing
Sold
Feb 3, 2023
$765,000
Public Record