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Key Details
Sold Price $730,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 635 sqft
Price per Sqft $1,149
Subdivision Old Town - Oldt
MLS Listing ID 221006429
Bedrooms 1
Full Baths 1
Year Built 1951
Lot Size 8,001 Sqft
Property Description
Unbelievable and unique investment opportunity in a market where multi-family residences are at a premium. This is a rare 4 unit zoned property in the heart of Thousand Oaks. On the large, flat, and completely useable 8,000 sqft there is currently a move-in ready 1 bedroom and 1 bathroom brick home. The property is clear of debris for the immediate start of the building upon approval of final plans. This home has been completely refreshed in the last 10 years with a new roof, electrical, copper plumbing, sewer pipe, heating and air conditioning, flooring, and Milgard double pane windows installed. This is perfect for owner-occupied or investors looking for great rental income potential. There are also expired design plans for a duplex 2 level property with each unit having a garage, with 2 bedrooms, and 2 bathrooms approximately @ 1200 sqft each and one stand-alone home that has a 2 car garage with 3 bedrooms and 3 bathrooms approximately @ 1600 sqft. Plans are available for review at the property site. Property is within walking distance to all the amenities on Thousand Oaks Blvd, North Ranch Shopping Center, and The Promenade at Westlake Village and less than a minute to the 101 freeway.
Location
State CA
County Ventura
Area Toe - Thousand Oaks East
Zoning RPD-15U
Interior
Heating Electric
Flooring Carpet
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Kitchen
Exterior
Fence Partial, Wood
View Y/N No
Building
Lot Description Rectangular Lot, Sprinklers On Side
Story 1
Foundation Slab
Sewer Public Sewer
Schools
School District Conejo Valley Unified
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Laurette Henry • Pinnacle Estate Properties, Inc.