500 E Hillcrest, Thousand Oaks, CA 91360
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500 E Hillcrest, Thousand Oaks, CA 91360
500 E Hillcrest, Thousand Oaks, CA 91360
500 E Hillcrest, Thousand Oaks, CA 91360
500 E Hillcrest, Thousand Oaks, CA 91360
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500 E Hillcrest Thousand Oaks, CA 91360

4,356 Sqft Lot


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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Unknown

MLS Listing ID RS26136749

HOA Y/N No

Lot Size 4,356 Sqft

Property 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.

Location

State CA

County Ventura

Area Toe - Thousand Oaks East

Zoning RPD-6.3-SFD

Interior

Fireplace No

Exterior

Fence None

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available None

View Y/N No

View None

Present Use Residential,Single Family,See Remarks

Building

Lot Description Sloped Down, Gentle Sloping, Irregular Lot, Value In Land

Sewer Unknown

Water Public

New Construction No

Others

Senior Community No

Tax ID 6690142260

Acceptable Financing Cash, Conventional, Land Use Fee

Listing Terms Cash, Conventional, Land Use Fee

Special Listing Condition Standard


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Listed by Christopher Wall First Team Real Estate #02226116

NEARBY SCHOOLS & PROPERTIES

Federico Filippi

Federico Filippi

Advisor | License ID: 01493503

+1(661) 904-4223

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500 E Hillcrest