Thousand Oaks CA Historical Real Estate, Homes for Sale

4 Beds ⋅ 2 Baths ⋅ SR26200089 MLS

Attention All Thousand Oaks Buyers & Agents Wait Till You See This True Rare Offering! Welcome To This Fantastic Single-Story Pool Home Nestled On A Quiet Cul-De-Sac In The Highly Sought-After Conejo Crest Neighborhood, Just One Street From The Prestigious Conejo Oaks Community. Surrounded By Homes That Reflect True Pride Of Ownership, This Residence Offers The Perfect Blend Of Comfort, Privacy In One Of Thousand Oaks' Most Popular Neighborhoods. Set On An Expansive Approximately 10,000-Square-Foot Lot, The Entertainer’s Dream Backyard Is A True Retreat. Enjoy An Inviting Pool, Wonderful Landscaping, Exceptional Privacy With No Direct Rear Neighbors Overlooking The Yard & Plenty Of Space To Relax, Entertain Or Enjoy Southern California's Year-Round Outdoor Lifestyle. Inside, The Thoughtfully Designed Single-Level Floor Plan Features Four Bedrooms, An Inviting Open-Concept Living Area, Abundant Natural Light, Recessed Lighting, Dual-Pane Windows & French Doors & A Remodeled Kitchen With Granite Countertops And Stainless Steel Appliances. Updated Bathrooms, Ceiling Fans & Tasteful Finishes Throughout Make The Home Move-In Ready. The Home Has Been Comprehensively Re-Piped, Including A Brand-New Main Sewer Line From The House To The Street, Replacement Of The In-Home Sewer System & Copper Water Supply Lines Throughout. The HVAC System & Ductwork Have Been Completely Replaced For Improved Efficiency And Comfort, The Electrical Panel Has Been Upgraded & The Attached Two-Car Garage Has Been Fully Drywalled For A Clean, Finished Appearance. Conveniently Located Near Parks, Shopping, Restaurants, Hiking Trails, & Highly Regarded Conejo Valley Schools Including MATES Charter School. This Home Offers The Rare Opportunity To Own A Property Where The Expensive Behind-The-Scenes Work Has Already Been Done. Simply Move In, Enjoy The Private Backyard Oasis & Experience The Exceptional Lifestyle That Makes This Thousand Oaks Neighborhood So Desirable. If You’re Only Seeing One Pool Home In Thousand Oaks Make Sure This Is It! Must See! Do Not Miss! Thousand Oaks Living At Its Best!

1721 Bates Court, Thousand Oaks

$724,999

2 Beds ⋅ 1 Baths ⋅ CV26193710 MLS

Welcome to 1350 E. Hillcrest Drive, a rare opportunity to own a charming home in one of Thousand Oaks’ most desirable and centrally located neighborhoods. Thoughtfully refreshed with new interior & exterior paint, new windows, new patio cover, new garage door, new flooring, New Mini split A/C System, New updated baseboards, and a clean, modern feel throughout, this move-in-ready property offers the perfect combination of immediate comfort and long-term potential. Situated on a generous lot, this 2-bedroom, 1-bath home provides an excellent foundation for a variety of buyers. Whether you're a first-time homeowner, investor, or someone looking for a property with future expansion possibilities, the value here extends far beyond the existing home. The spacious lot presents an exciting opportunity to explore the addition of an ADU (Accessory Dwelling Unit), creating the potential for multigenerational living, rental income, a private guest house, or a dedicated home office space. Buyers may also appreciate the potential to further expand and customize the property to suit their vision, subject to city requirements and approvals. Inside, the home offers a functional single-story layout filled with natural light and comfortable living spaces. The recent improvements create a fresh and inviting atmosphere while allowing the next owner the flexibility to add their own personal touches over time.

1350 East Hillcrest Drive, Thousand Oaks

$829,500

3 Beds ⋅ 2 Baths ⋅ SR26189348 MLS

Step into effortless modern living. This completely remodeled home features a bright, open concept floor plan designed for both daily life and entertaining. At its heart is a designer kitchen showcasing elegant quartz countertops and ample cabinetry, flowing seamlessly into the main living spaces. Brand new flooring, and sleek recessed lighting elevate the interior, while the fully updated bathroom offers a fresh, modern retreat. Outside, newly landscaped front and back yards provide the perfect backdrop for outdoor gatherings. Upgraded with a brand-new, energy-efficient HVAC system, this turnkey property is perfectly move-in ready.

727 Brossard, Thousand Oaks

$985,000

4 Beds ⋅ 2 Baths ⋅ SR26184014 MLS

Set on an expansive approximately 10,000-square-foot lot in a desirable Thousand Oaks neighborhood, this well-cared-for single-story home offers the space, location and opportunity to create something truly special. Thoughtfully updated throughout the years include central HVAC,a new 200-amp electrical panel, plumbing upgrades, dual-pane windows and more, adding practical value to a home that has clearly been maintained with care. A broad front yard and mature landscaping lead past a front entryway into an easy-flowing floor plan where the living and dining areas connect naturally for everyday living and entertaining, with a fireplace creating a warm focal point and generous rear-facing glass drawing the outdoors in. The eat-in kitchen has already undergone thoughtful improvements, including maple cabinetry, induction cooktop, and granite counters, while still leaving room for a future owner to refresh the finishes and make the space distinctly their own. Three good-sized bedrooms share a nicely appointed full hall bath. A generous primary suite is separated from the rest of the house to maximize privacy and create a comfortable retreat with dual closets and a remodeled, ¾ en-suite bath. The layout provides flexibility for sleeping rooms, a home office, guests or hobbies. Out back, the substantial yard borders the Arroyo Conejo and feels private and established, with mature trees, lawn, lush native plant garden, a small low-maintenance pond and a paver patio offering an inviting setting for outdoor dining, gardening, recreation or a future reimagining of the space. The attached two-car garage provides additional storage and workspace potential. Located within the award-winning Conejo Valley Unified School District and near highly rated Wildwood Elementary, Redwood Middle and Thousand Oaks High, the home is also convenient to Wildwood Regional Park and its extensive hiking and nature trails, including access to Paradise Falls, along with shopping, dining and entertainment at The Oaks and Janss Marketplace. This is an appealing opportunity to start with a well-kept, functional home on a generous lot and gradually transform it into a personalized long-term residence. Don’t miss out!

2574 Sirius Street, Thousand Oaks

$1,198,000

4 Beds ⋅ 2 Baths ⋅ WS26180914 MLS

Back on the market No fault of seller “Solar Panel Paid off” Pool Home in Newbury Park Welcome home to this amazing 4-bedroom, 2-bath, single-story pool home, offering approximately 1,790 sq. ft. of beautifully updated living space in the heart of Newbury Park. Step inside to a bright, open-concept floor plan designed for comfortable everyday living and effortless entertaining. The gorgeous remodeled kitchen features stainless-steel appliances, quartz countertops and backsplash, a large center island, and an abundance of storage. The spacious primary suite offers a beautifully updated en-suite bathroom featuring elegant Newport Brass fixtures. Three additional bedrooms are conveniently located down the hall and share a remodeled full guest bathroom. Step outside and discover your very own tropical oasis. The spectacular backyard features mature tropical landscaping, low-maintenance turf, and a sparkling pool and spa with top-of-the-line equipment and newer coping. Entertain family and friends at the built-in BBQ and bar, complete with a Bull cooler, while a storage shed provides additional convenience. And there’s even more! This home features paid-off solar, a newer Carrier A/C and forced-air system, wireless sprinkler system, new tankless water heater, and a 30-amp EV charging outlet in the garage—plus so much more. Beautifully updated, thoughtfully upgraded, and designed for indoor-outdoor living, this Newbury Park gem truly has it all.

752 Capitan, Thousand Oaks

$1,049,000

4 Beds ⋅ 3 Baths ⋅ SB26176129 MLS

Come see this beautifully maintained two-story home in one of the most desirable neighborhoods in Thousand Oaks! This home offers the perfect blend of comfort, space, and functionality across 4 bedrooms and 3 bathrooms in over 2100 square feet of living space. A beautiful tree shades the front yard and large balcony, with separate access to the side and back yards with a cemented patio with space to gather, as well as a beautiful lawn and mature lemon, key lime, and satsuma citrus trees.

2100 Shady Brook dr, Thousand Oaks

$1,125,000

4 Beds ⋅ 3 Baths ⋅ BB26175422 MLS

Welcome to 1423 Calle Fidelidad, a gorgeous home offering 4 bedrooms, 3 bathrooms, and 2,241 square feet of comfortable living space on an expansive 8,690-square-foot lot. This well-designed multi level floor plan features bright open living and dining areas, and a versatile Den ideal for a playroom, movie night, guest quarters, or a dedicated home office. The home offers a private front and backyard with endless potential for outdoor entertaining or gardening. No need for a 2nd job to pay for an electricity bill as you will have Solar Panels! Situated in a quiet neighborhood within a top-rated School District, this home provides an incredible blend of functional space and community. Golf and recreation enthusiasts will love being right down the road from the Sunset Hills Country Club and nearby Sunset Hills Open Space hiking trails, which feature scenic ridgeline views and direct access to local preserves. The vibrant campus of California Lutheran University is just moments away, bringing local athletic events, concerts, and beautiful walking grounds right to your doorstep. With quick freeway access, seamless proximity to local markets, downtown Thousand Oaks dining, and neighborhood favorites like Wildwood Regional Park and Gardens of the World, this property sits at the center of everything the area has to offer.

1423 Calle Fidelidad, Thousand Oaks

$949,900

4 Beds ⋅ 3 Baths ⋅ SR26166199 MLS

Welcome to 862 Camino La Maida, a spacious single-story property offering exceptional flexibility in a desirable Thousand Oaks neighborhood with an attached 1-Bedroom ADU/guest house with a private entrance and yard! The main residence features generous living spaces, abundant natural light, warm wood flooring and an inviting layout. The well-appointed kitchen offers ample cabinetry, generous counter space, stainless-steel refrigerator and black appliances and a functional breakfast area. The spacious living room showcases wood flooring, a distinctive brick fireplace, custom built-in shelving and a skylight that fills the room with natural light, creating a warm and welcoming gathering space. An additional oversized family/bonus room features expansive windows overlooking the mature landscaping, providing an ideal setting for entertaining, relaxing or enjoying the peaceful surroundings. The primary bedroom has a bathroom and two closets-one walk-in and additional bedrooms offer comfortable accommodations and flexibility for family, guests or a home office. One of the property's standout features is the attached one-bedroom ADU/guest house, complete with its own separate entrance and private yard. This versatile space provides an excellent option for extended family, guests, a private office or potential rental use while maintaining privacy from the main living areas. Outside, the generous lot offers established landscaping, mature fruit trees, palms and multiple outdoor spaces. The private rear patio and garden area create a peaceful setting for outdoor dining, entertaining or simply enjoying the Southern California climate. With its spacious single-story floor plan, substantial lot, charming architectural details, abundant natural light and highly desirable attached one-bedroom ADU with separate entrance and private yard, 862 Camino La Maida offers a rare combination of space, flexibility and potential in Thousand Oaks.

862 Camino La Maida, Thousand Oaks

$1,330,000

6 Beds ⋅ 3 Baths ⋅ PW26172756 MLS

Welcome to this fully reimagined, turnkey 6-bedroom, 3-bathroom single-family residence spanning 2,383 square feet of modern luxury in Thousand Oaks. No detail has been spared in this extensive, top-to-bottom transformation, which features updated plumbing, electrical, and full central AC and heating for year-round comfort. From the high-end finishes to the resort-style backyard, this open floorpan layout seamlessly balances contemporary style with expansive functional space. Step inside to a bright, fluid open-concept floor plan unified by premium laminate flooring and illuminated by energy-efficient recessed LED lighting. The central living area serves as the heart of the home, centered around a cozy fireplace that anchors the room. The gourmet kitchen flows effortlessly into the main living areas and features All-new stainless steel appliances, including all new gas range, vent hood, microwave, and refrigerator. Sleek modern cabinetry with abundant prep space, an expansive open layout optimized for both daily living and effortless hosting. With 6 bedrooms and 3 fully updated bathrooms, this home offers unparalleled flexibility for large families, multi-generational living, or dedicated executive home offices. Primary Retreat: Features a massive walk-in closet and a luxurious ensuite bathroom complete with a large, designer-tiled walk-in shower. Guest Bedrooms: Generously sized with ample closet space and easy access to beautifully renovated bathrooms boasting high-end, designer finishes. An Entertainer’s Backyard Paradise situated on an 8,700+ square foot lot, the outdoor space is designed as a private sanctuary. The large sliding door leads out to a massive entertainer's yard featuring a large covered patio with a custom pergola, perfect for al fresco dining. The crown jewel of the yard is a sparkling, in-ground swimming pool newly upgraded with fresh plaster and premium tile work.

50 Doone, Thousand Oaks

$600,000

3 Beds ⋅ 1 Baths ⋅ SR26167274 MLS

Calling All Developers, Builders, and Investors! Your next opportunity is here! Situated on a spacious 9,000+ sq. ft. lot in the heart of Thousand Oaks, this 3-bedroom, 1-bath home is a heavy fixer with incredible potential. Whether you're looking to renovate, rebuild, or explore future development possibilities, this property offers endless opportunities. The large lot provides plenty of room to bring your vision to life. Don't miss this rare chance to invest in a prime Thousand Oaks location with tremendous upside!

826 Calle Nogal, Thousand Oaks

$1,149,000

4 Beds ⋅ 3 Baths ⋅ BB26146636 MLS

$100,000.00 price improvement for ONE lucky Buyer. . . Experience ranch-style living in this exceptional 4-bedroom, 3-bathroom Home where design meets comfort. Thoughtfully designed for entertaining and everyday living, this beautifully appointed residence offers a blend of warmth, and resort-style amenities. The spacious open-concept interior is filled with natural light, featuring expansive windows, inviting living spaces, and a striking fireplace that serves as the heart of the home. The kitchen offers abundant cabinetry, generous prep space, quality appliances and breakfast nook. The primary suite is a private sanctuary, complete with a spacious walk-in closet and a spa-inspired en-suite bath featuring a soaking tub and dual vanities. Three additional bedrooms are generously sized, providing comfort and flexibility for family, guests, or additional workspace, while two beautifully appointed full bathrooms complete the home's thoughtful layout. Step outside into your own private oasis. The resort-style backyard is designed for year-round enjoyment, highlighted by a sparkling swimming pool surrounded by sun loungers, a covered patio, and beautifully maintained grounds. Entertain effortlessly with the outdoor dining area and BBQ, gather around the fire pit beneath the stars, or simply relax and enjoy the peaceful surroundings. The expansive yard offers ample space for recreation while maintaining a sense of serenity and seclusion. A standout feature of the property is the detached, climate-controlled office overlooking the pool - an ideal retreat for remote professionals, entrepreneurs, or creative pursuits, offering privacy without sacrificing convenience. Additional amenities include a two car garage, laundry in the garage (off the kitchen), and ample parking for multiple vehicles. Perfectly positioned in a desirable neighborhood that offers convenient access to shopping, dining, scenic hiking trails, local farms, and a variety of recreational opportunities. Combining luxury, comfort, and functionality, this exceptional ranch-style home presents a rare opportunity to enjoy space and room to grow.

2636 Calle Manzano, Thousand Oaks

$979,000

4 Beds ⋅ 2 Baths ⋅ SR26157798 MLS

Welcome to the kind of home that checks all the boxes for today’s family. Nestled on a quiet, tree-lined street in one of Thousand Oaks’ most desirable neighborhoods, this spacious 4-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and future potential. Step inside to vaulted ceilings, an open-concept floor plan, and a warm fireplace that anchors the inviting living room. The layout flows effortlessly, making it ideal for everyday living and entertaining alike.Outside, you’ll find a private, low-maintenance backyard complete with a screened-in porch/Florida room—the perfect place to enjoy morning coffee, outdoor dining, or relaxing year-round in a peaceful setting. One of the home’s most versatile features is the garage conversion, currently being used as a home office with its own dedicated air-conditioning unit. Whether you envision a family room, game room, home office, gym, or home-based business, the possibilities are endless. Located in a serene neighborhood known for its friendly atmosphere, neighborhood kids, and highly regarded schools, this is a place where families put down roots. Finding a true four-bedroom home at this price point is increasingly rare. Move in and enjoy it today, or personalize it over time with your own updates and renovations while building valuable sweat equity. It’s the perfect opportunity to create your dream home without paying a premium for someone else’s remodel. This is more than just a house—it’s a smart investment, an exceptional value, and a wonderful place to call home. PREVIOUS SALES SHOWS 2,054 SQ FT.. SUNROOM SQ FT MAY BE INCLUDED-BUYER TO VERIFY.

3976 Verde Vista Drive, Thousand Oaks

$949,999

3 Beds ⋅ 2 Baths ⋅ OC26158341 MLS

Spacious backyard with a sparkling pool and scenic views! Set on an expansive 10,454 sq. ft. lot in the heart of Thousand Oaks, this 3-bedroom, 2-bath home also features a versatile bonus room. Fresh interior paint and recently updated plumbing provide a great start, while the home's timeless charm offers the opportunity to add your own personal style. Enjoy the best of indoor-outdoor living in one of Thousand Oaks' most established neighborhoods, conveniently located near parks, shopping, dining, and within the Conejo Valley Unified School District.

249 Dryden St., Thousand Oaks

$949,000

4 Beds ⋅ 4 Baths ⋅ SR26148192 MLS

Welcome to 1869 Country Club Drive in the highly desired Waverly Heights Neighborhood in Thousand Oaks. This property is very unique with endless possibilities; it can be a perfect fit for a family, multi- generational family, an investor, a buyer looking to house hack or even someone looking to buy their first home to their forever home. The layout is very special as it has 3 bedrooms and 3 bathrooms (one is the original primary suite) on one side of the house, and a fully permitted additional Primary suite, big enough to make it a Jr. ADU. Pride of Ownership and updates shines through on this house, from the water copper re-piping, landscaping front and backyards, 2017 full replacement of the roof, new insulation in the attic, replacement of Sewer Mainline to street, complete exterior & Interior Painting,. 40A EV Charger, 10KW Rooftop Solar installed and more. Now this home is move in ready but its also part of our EXCLUSIVE Dream Home Program, so if there is anything you want changed, updated or remodeled, we can do in escrow; just like new construction. Saving you tens of thousands if not hundreds of thousands out of pocket. Call us for Details. This rare opportunity will not last long, and might not have another one that checks so many boxes come on market again.

1869 Country Club, Thousand Oaks

$889,950

3 Beds ⋅ 2 Baths ⋅ OC26110084 MLS

Welcome to 1806 Pepper Tree Court, a beautifully updated single-story home tucked at the end of a quiet cul-de-sac in one of Thousand Oaks' most established neighborhoods. This 3-bedroom, 3-bath single-level home offers comfortable Conejo Valley living with brand-new quartz countertops in the kitchen. Inside, a sun-drenched open floor plan flows from a generous living room into the dining area and a bright updated kitchen featuring crisp white cabinetry, brand-new countertops, stainless gas cooktop, and wood-look flooring. The thoughtful layout connects everyday living spaces with effortless ease. Three well-proportioned bedrooms include a generous primary suite with vaulted ceiling and en-suite bath, plus two additional bedrooms with mirrored closets, vaulted ceilings, and classic white wainscoting for an inviting, designer-finished feel. All three bathrooms feature brand-new countertops and modern brass fixtures. Outside, classic Thousand Oaks curb appeal welcomes you with a brick-paver walkway, manicured lawn, and mature landscaping. The attached 2-car garage delivers everyday convenience and storage. Set in a desirable Thousand Oaks pocket with quick access to the 101 and 23 Freeways, top-rated Conejo Valley Unified schools, Wildwood Regional Park, Sherwood Country Club, and the conveniences that make Thousand Oaks one of Ventura County's most beloved communities. Minutes to Westlake Village, Newbury Park, and the natural beauty of the Conejo Valley. Finance-ready and welcoming FHA, VA, and conventional buyers alike. Call your Realtor to schedule a tour and make an offer today!

1806 Pepper Tree Court, Thousand Oaks

$1,079,000

4 Beds ⋅ 3 Baths ⋅ TR26121593 MLS

Beautifully renovated ranch style oasis. Tons of natural lighting! Plantation shutters! Vaulted ceilings! Recent upgrades include brand new roof, front yard turf, freshly planted grass in back, new carpet, natural hardwood floors, and solid Mahogany front door. Move-In Ready. Attached two car garage. Gladiator overhead garage storage racks. Washer and dryer hookups. Home is located on a friendly cul-de-sac in a quiet neighborhood. Backyard is large, with well established trees. Plenty of parking in driveway includes space for an extra vehicle or even trailer or RV. This property offers lots of privacy. It backs onto a wash/tributary providing for no neighbor directly behind. If you have young ones, Ladera Stars Academy elementary school is a mere 3 minute away by foot. The quaint community feel of the neighborhood is accentuated by the cul-de-sac keeping traffic and noise to a minimum.

2857 Calle Damasco, Thousand Oaks

$1,149,000

4 Beds ⋅ 2 Baths ⋅ IV26047728 MLS

NEW PRICE – An exceptional opportunity in Thousand Oaks! This beautifully upgraded single-story home offers 4 bedrooms, 2 bathrooms and approximately 2,085 square feet of living space on an approximately 8,712 square foot lot—now offered at an attractive new price. The centerpiece of the home is the stunning remodeled kitchen featuring Thermador Professional Series stainless steel appliances, built-in ovens, speed oven/microwave combination and an impressive approximately 10' x 6' center island with built-in gas range and hood. Designed for entertaining and everyday living, this is a kitchen that truly sets the home apart. The comfortable single-level floor plan offers an inviting living area with a wood-burning fireplace, luxury vinyl flooring, newer carpet, four spacious bedrooms, two full bathrooms and an indoor laundry area. Step outside and enjoy multiple areas designed for relaxing and entertaining. The private backyard features a large covered patio, pergola seating area with firepit and a built-in gas BBQ island with refrigerator. The enclosed front courtyard provides additional outdoor enjoyment with fruit-bearing lemon and olive trees, low-maintenance landscaping and a peaceful fountain. Additional improvements include newer exterior paint and a new sewer line installed in 2025. A detached two-car garage and attached storage shed provide added convenience. With its upgraded kitchen, desirable single-story layout, generous lot and exceptional indoor-outdoor entertaining spaces, this home represents a compelling opportunity at its new price. Conveniently located near shopping, restaurants, parks, hiking trails and freeway access. Don't miss this opportunity to make this Thousand Oaks home your own!

554 Calle Jazmin, Thousand Oaks

$1,320,000

4 Beds ⋅ 4 Baths ⋅ WS26022491 MLS

Welcome to this upgraded single-story home in Thousand Oaks featuring 4 bedrooms, 4 bathrooms, a flexible split-bedroom layout, gated RV/boat access 2 cars garage and more parking space, and a flat 10,454 sqft lot. Recent improvements include fresh interior and exterior paint, an updated roof, newer HVAC, energy-efficient LED lighting, and a bright kitchen with white cabinetry, gas range, and a large peninsula offering extra counter space and seating. The thoughtful layout places bedrooms and bathrooms on both sides of the home, giving the floor plan excellent separation and flexibility for guests, office space, hobbies, or extended living needs. The spacious living area offers room for dining, entertaining, media, or additional gathering space, centered around a tiled fireplace. The gated side access provides additional parking options, while the flat backyard offers room for outdoor living and future possibilities. Buyer to verify all permits, square footage, bathroom count, improvements, zoning, and any potential ADU options with the appropriate city/county authorities.

1229 Coventry Drive, Thousand Oaks

$10,000,000

SB23055274 MLS

North Oaks Center is beautiful and well-designed 47,792 square foot shopping center, consisting of 16 separate stores (14 leased/2 vacant) and is located in the very desirable neighborhood of Thousand Oaks, CA. The building is situated at the corner of Avenida De Los Arboles and Avenida De Las Palmas, a few blocks east of Moorpark Blvd. and approximately 1-mile west of the Moorpark (23) Freeway, which connects the Ventura (101) Freeway with the Foothill (118) Freeway. Nearby employers include Cal Lutheran University, a 290-acre private university, with approximately 4,300 students and Los Robles Regional Medical Center, the largest hospital in eastern Ventura County with approximately 382-beds. Thousand Oaks has outstanding demographics, with approximately 127,000 residents and an average household income of approximately $143,000, according to the 2020 Census. The shopping center is anchored by a freestanding 99¢ Only Store building, which was constructed in 1960. This building recently received a $300,000 renovation. The remainder of the center, built in 1970, features an excellent mix of restaurant and service-based tenants. The property is currently 95.27% occupied, with only two small vacancies. The shopping center features an abundance of parking and very good ingress/egress. The asking price for this unique asset is $10,000,000. At $10,000,000, the pricing metrics are $209.24/sq. ft. and a 6.62% cap rate based on the Current NOI of $661,693. The Current NOI assumes the existing rent for 99¢ Only Store, which is $8.06/sq. ft. or $15,023.17/month. The tenant’s lease expires on January 31, 2024, and has not provided notice to exercise their option yet. The tenant is required to deliver the notice to exercise to the landlord no later than August 4, 2023. Based on conversations with the tenant’s representative, we do not expect the 99¢ Only Store to renew their lease. There is significant value to be added by backfilling the freestanding 99¢ Only Store building and moving the rent to market, which is much higher than the tenants option rent. The Proforma NOI stated in this Offering Memorandum assumes a rent of $14/sq. ft. for the 99¢ Only Store space. There is some deferred maintenance at the property, specifically the roofs on the inline shop space and the parking lot. This property is being sold as-is, so any deferred maintenance concerns should be contemplated in the offer price. Offering Memorandum included as a supplement.

950 E Avenida De Los Arboles, Thousand Oaks

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