500 E Hillcrest,Thousand Oaks, CA 91360
Thousand Oaks, CA 91360
Description
A rare infill opportunity on E Hillcrest Drive. This is a ±4,000 sq. ft. residential lot in the heart of Thousand Oaks, priced well below what the land appraises for. Zoning is RPD-6.3U-SFD, which allows a custom single-family residence up to three stories. Entitlement is in process and nearing completion, meaning the hard part is already underway for whoever takes it over. A recent Broker Price Opinion (BPO) puts the land at $400,000 as-is and $500,000 with entitlement finalized. The seller is motivated and will consider a short sale at a minimum of $290,000 cash offer and a quick close. The spread speaks for itself. The location puts you next to established neighborhoods, medical offices, retail, restaurants, and parks, with quick access to the 101 and other major routes. Build to hold, build to sell, or land bank it while entitlement wraps. Buyer to verify zoning, entitlement status, buildability, and utility availability with the City of Thousand Oaks.
Details
| MLS # | RS26136749 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 45 |
| Listing Provided By | First Team Real Estate | Christopher Wall |
Features
| Zoning | RPD-6.3-SFD |
|---|---|
| Acreage | 0.10 |
| Property View | None |
Exterior
| Lot Features | Sloped Down, Gentle Sloping, Irregular Lot, Value In Land |
|---|---|
| Fencing | None |
Utilities
| Utilities | None |
|---|---|
| Sewer | Unknown |
Location
| Community Features | Curbs, Street Lights, Suburban, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Ventura |
| City | Thousand Oaks |
| Zip Code | 91360 |
| Area | TOE Thousand Oaks East |
| Community Name | Unknown |
| Listing VS Median (in Unknown) | |
Price: $290,000 low | high Med: $849,950 On site: 45 low | high Med: 48.5 | |
Market Activity 91360
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Learn More About This Property
| State | CA |
|---|---|
| County | Ventura |
| City | Thousand Oaks |
| Zip Code | 91360 |
| Area | TOE Thousand Oaks East |
| Community Name | Unknown |
| Listing VS Median (in Unknown) | |
Price: $290,000 low | high Med: $849,950 On site: 45 low | high Med: 48.5 | |
