$1,250,000
Thousand Oaks, CA 91360
4
Beds
2
Baths
1,735
Sq. Ft.
1960
Year Built
Ventura
County
SingleFamilyResidence
Property Type
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.
$6,653/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.