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Listed by Shane F Dulgeroff • Shane Homes
$ 1,250,000
Est. payment | /mo
4 Beds
2 Baths
1,735 SqFt
$ 1,250,000
Est. payment | /mo
4 Beds
2 Baths
1,735 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,735 sqft
Price per Sqft $720
MLS Listing ID 226004884
Bedrooms 4
Full Baths 2
Year Built 1960
Lot Size 10,625 Sqft
Property Sub-Type Single Family Residence
Source Conejo Simi Moorpark Association of REALTORS®
Property Description
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.
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.
Location
State CA
County Ventura
Area Toe - Thousand Oaks East
Interior
Flooring Wood/Wood Like
Exterior
View Y/N No
Building
Story 1
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114