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Investment Highlights

  • Can develop up to 72 multi family units!
  • Adjacent to 101 HWY!
  • Thousand Oaks Blvd major artery to the city!
  • Affluent Area!
  • High Visibility!

Executive Summary

Leola Commercial Inc. is proud to present this Prime Development Opportunity. It consist of 2.39 acres adjacent to the 101 Fwy and major boulevard in Thousand Oaks, CA. It is zoned Specific Plan 20 (SP-20) which overlays in the Mix Use Zone and the MUOZ. The Mixed-Use Overlay Zone is intended to provide a method by which land located in the zone may be designed and developed for both commercial and residential uses. Up to 72 units can developed on this land. Land is not entitled.

Property Facts

Price $1,400,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 2.39 AC
Zoning MU / MUOZ - The MU or Mixed-Use Zone and the MUOZ or Mixed-Use Overlay Zone are intended for commercial and residential use.

1 Lot Available

Lot

Price $1,400,000
Price Per AC $585,774.06
Lot Size 2.39 AC

2.39 acres of land ready for development. All three parcels are adjacent to each other. Grading will be needed. Land is not entitled. Per zoning, land can be developed for mix use, retail and up to 72 units of multi family.

Description

Prime Development Land Deal! 2.39 acres that can be developed as mix use, with retail and up to 72 units for multi family. Thousand Oaks is the second-largest city in Ventura County, California, located in the northwestern part of Greater Los Angeles. Approximately 15 miles (24 km) from the city of Los Angeles and 40 miles from Downtown Los Angeles, it is named after the many oaktrees present in the area. While agriculture was the dominant industry in Thousand Oaks until the 1950s, a number of high-tech companies moved to Newbury Park in the 1960s. The city is a biotech hub anchored by Amgen with life sciences being one of the economic engines of the community. The per capita income in Thousand Oaks is significantly higher than both the state and national averages. Average household income is $134,367.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 670-0-181-380
  • 670-0-181-420
  • 670-0-181-400
Land Assessment
$1,485,688
Improvements Assessment
$0
Total Assessment
$1,485,688
  • Listing ID: 35745911

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: 1712 E Thousand Oaks Blvd, Thousand Oaks, CA 91362

Contact the Sale Advisor

1712 E Thousand Oaks Blvd - Thousand Oaks Development

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