Thousand Oaks, CA 91362,3195 Royal Oaks Drive
Thousand Oaks, CA 91362,3195 Royal Oaks Drive
Thousand Oaks, CA 91362,3195 Royal Oaks Drive
42
$2,246,160
$2,352,000
4.5%
Est.Price: ?

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5 BD

3195 Royal Oaks Drive Thousand Oaks, CA 91362

Est. payment /mo
SOLD DATE : 08/09/2024

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Key Details

Sold Price $2,246,160

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24110368

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

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 permitted and is operated as a 4 bedroom/3 bath. The assessor appears to have the incorrect square footage listed. Assessor square footage is listed at 4,720 prior to completion of ADU permit noted at 579 sq.ft. Square footage per seller is 5,673. Per assessor, with ADU addition, 5,299. Investor to verify sq

Location

State CA

County Ventura

Zoning Seller

Interior

Cooling Central Forced Air

Exterior

View Y/N No

Roof Type Composition

Building

Story 2

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MLS Router / San Diego MLS
Listed by Braemon Hanes Hanes Investment Rlty
Bought with General NONMEMBER NONMEMBER MRML

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Dave Dennis

Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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