219 Sandberg Street, Thousand Oaks, California 91360, Thousand Oaks, - bed, bath
ACTIVE$1,499,000
219 Sandberg Street, Thousand Oaks, California 91360
4Beds
3Baths
1,836Sqft
10,018Lot
Year Built
1963
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
225005201
Home ConditionExcellent
Features
Patio
View-
About this home
What an incredible multi-family or investor opportunity. The main house is 4 bedrooms and 3 baths appx 1836 sq. ft. and ample backyard, and is rented for $5000. the ADU in back has 2 bedrooms, 1 bath, 749 sq. ft. and a nice size yard and is rented for $3000. and the junior 1 bed, 1 bath ADU has 399 sq. ft., has a patio and rents for $2000. All units have their own addresses. The ADU's are all new builds, beautiful inside and out with all new kitchens and baths. There is new insulation, new windows and doors and is all electric. All the work has been permitted.baths.
Price History
Date
Event
Price
10/15/25
Listing
$1,499,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (150 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 3 | 3 | 50% |
| Square foot | 1,836 | 2,061 | 32% |
| Lot Size | 10,018 | 10,018 | 50% |
| Price | $1.5M | $1.1M | 87% |
| Price per square foot | $816 | $548 | 94% |
| Built year | 1963 | 1968 | 31% |
| HOA | |||
| Days on market | 20 | 154 | 1% |
Condition Rating
Excellent
The property features two newly built Accessory Dwelling Units (ADUs) with all new kitchens, bathrooms, insulation, windows, doors, and electrical systems, meeting the highest standards of modern construction and design. While the main house was built in 1963, its exterior appears freshly updated, and the comprehensive nature of the permitted work suggests a high overall quality for the entire property. The ADUs alone represent a significant portion of the livable space and are virtually new, elevating the overall condition to excellent.
Pros & Cons
Pros
Exceptional Rental Income: The property boasts a significant combined rental income of $10,000 per month from three separate units, offering strong cash flow for investors.
Brand New ADU Construction: Both Accessory Dwelling Units are newly built with modern kitchens, baths, new insulation, windows, doors, and all-electric systems, ensuring high quality and low maintenance.
Permitted & Legal Units: All ADU construction has been fully permitted, providing assurance of legal compliance and structural integrity for the additional units.
Versatile Investment Opportunity: Explicitly marketed as a multi-family or investor opportunity, with three distinct units each having their own address, appealing to a broad market of income-seeking buyers.
Desirable Location & Lot Size: Located in Thousand Oaks, a well-regarded area, and situated on a generous 10,018 sq ft lot, providing ample space for all residences and outdoor living.
Cons
Main House Age & Unspecified Condition: The main house was built in 1963, and its condition or recent updates are not detailed, potentially indicating older systems or finishes that may require future investment compared to the new ADUs.
Significant Price Discrepancy: The listing price is approximately 19% higher than the estimated property value, which could lead to buyer hesitation or a longer time on the market.
Increased Management Complexity: Managing three separate rental units, even with individual addresses, inherently demands more time and effort in property management compared to a single-unit property.