880 E Avenida De Las Flores, Thousand Oaks, CA 91360
- $1,250,000
- 4
- BD
- 2
- BA
- 1,735
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 226004884
- Year Built
- 1960
- Bedrooms
- 4
- Bathrooms
- 2
- Living Sq. Ft
- 1,735
- Lot Size
- 10,625
- Acres
- 0.24
- Days on Market
- 0
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
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.
Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Shane Dulgeroff (shanedrealtor@gmail.com) from Listing Office: Shane Homes.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.