880 E Avenida De Las Flores, Thousand Oaks, CA 91360

$1,250,000
4
BD
2
BA
1,735
SqFt

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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
Days on Market
1
Property Type
Single Family Residential
Stories
1

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.

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Calculator source: Real Geeks

Courtesy of Shane Homes, Listing agent: Shane F Dulgeroff

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