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3195 Royal Oaks DR Thousand Oaks, CA 91362
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Key Details
Sold Price $2,246,160
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRSR24110368
Sold Date 08/09/24
Originating Board California Regional MLS
Year Built 1997
Lot Size 0.251 Acres
Property Description
We are proud to announce that we have been selected as the exclusive marketing agent for the prime investment opportunity located at 3195 Royal Oaks, Thousand Oaks, California. The Royal Oaks property currently consists of one, free-standing single-family residence operating as four bedrooms and three baths plus three, two bedroom, two bath townhouse style units (with enclosed yards/patios) and one single plus one bath ADU (permitted and finalized). The property appears to have been very well maintained by the current, hands-on, ownership who, until approximately 9 months ago, lived in the single-family unit and has owned the property for approximately 45 years. Pride of ownership. Excellent location. Finished garages, concrete drive and gated. Excellent unit mix and A+ location. Eight parking spaces with possible room for more. Individually metered, ADU sub metered. Perfect for owner occupancy plus income. Real capitalization rate of 4.77% including professional management. 10%+ upside in rents. SFR patio is highly upgraded.The SFR was remodeled in 1991. The fouplex was built in 1997. The SFR was originally permitted as a 2 bedroom, 1 1/2 bath. The bonus room/den is essentially a bedroom as it has a closet and window. The garage was converted to a bedroom and bath, not pe
Location
State CA
County Ventura
Area Tow - Thousand Oaks West
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Garage Carport , Private / Exclusive, Garage, Gate / Door Opener, Other, Parking Area
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Shingle,Composition
Building
Lot Description Grade - Level, Paved
Water District - Public
Others
Tax ID 6710181050
Special Listing Condition Not Applicable
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Bought with Steven Bard