1865 El Monte dr, Thousand Oaks, CA 91362
Active
$2,149,000
2%
2 Units
4 Beds
4 Baths
3,208 Area(sq.ft.)
Lot: 13,286 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 4,700 | $ 4,700 | $ 4,700 |
| Unit 2 | 1 | 2 | 2 | No | $ 5,300 | $ 5,300 | $ 5,300 |
| 2 | 4 | 4 | $ 10,000 | $ 10,000 | $ 10,000 |
| MLS #: | 25527951 |
| Days On Market: | 288 |
| Listing Date: | April 21, 2025 |
| County: | Ventura County |
| Property Type: | Residential Income |
| Price per ft2: | $ 670 |
| Price per unit: | $ 1,074,500 |
| Year Built: | 1959 |
Property Details
Fantastic Owner User or Long Term Investment Opportunity in much desirable Thousand Oaks! Recently remodeled SB9 conversion, consist of a high-end multi-unit compound surrounded by matured trees, nestled in beautiful Old Meadow Oaks neighborhood. Just under one third of an acre lot - approximately 3,208 sf offers 2 fantastic residential units - each 2 bedrooms + 2 baths. The thoughtfully designed compound boast bright and open living spaces with high-end finishes, chef's kitchens, and premium appliances. The property has been meticulously crafted for each unit to have its own private entrances, assigned parking, access to lush manicure backyards and storage units. The rear unit also benefits from an additional 320 sf auxiliary studio/office space. Enjoy the convenience of being minutes away from Conejo Creek North Park and various incredible bike and hiking trails. This one-of-a-kind property is a must-see for investors and owner-users alike!Interested in this Listing?
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Income Details
| Gross Operating Income: | $ 120,000 |
| Total Annual Expense: | $ 20,800 |
| Net Operating Income: | $ 99,200 |
| Gross Annual Income: | $ 120,000 |
| Cap Rate: | 4.5% |
| Gross Rent Multiplier: | 18.33 |
Structure
| Type of Units: | Attached |
| Buildings: | 1 |
| Levels: | One |
| Security Features: | Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Gated, 24 Hour |
| Style: | Ranch |
| Sewer: | In Street |
| Water: | District |
Land & Parking
| Parking Garage: | Assigned, Tandem |
Interior
| Cooking Appliances: | Cooktop - Gas, Double Oven, Built-Ins, Microwave |
| AC/Cooling: | Air Conditioning, Attic Fan, Central, Multi/Zone |
| Equipment: | Attic Fan, Built-Ins, Garbage Disposal, Dryer, Dishwasher, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer |
| Heating: | Central |
| Kitchen Features: | Remodeled |
| Laundry: | In Unit |
| Patio Features: | Covered, Concrete Slab |
Exterior
| Roof: | Composition, Shingle |
Detailed Map
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