Generating approximately $8,400 per month in potential rental income, 880 E Avenida de las Flores presents an exceptional investment opportunity in Thousand Oaks. The property features a beautifully renovated main residence and a detached structure with two brand new, fully permitted ADUs totaling 735 square feet. The ADUs include a two bedroom, one bathroom unit and a separate studio, already generating a combined $4,400 per month in rental income from existing tenants.The modernized main house offers a move in ready living experience, while the two rear units provide immediate rental income. Investors can rent all three units to create multiple income streams, or owner occupants can live in the main residence while collecting $4,400 per month from the ADUs to help offset mortgage payments. With the main house estimated to rent for approximately $4,000 per month, the property offers an attractive opportunity for both investors and homeowners.Conveniently located near shopping, dining, parks, and freeway access, this property combines modern living, established rental income, and long term investment potential. Offered at $1,250,000, this is a unique opportunity to live, invest, or do both.
Property details
Bedrooms
4
Bathrooms
2
Square feet
1,735
Year built
1960
Property type
Residential
Lot size
10,625 sqft
Location
880 E Avenida De Las Flores • Thousand Oaks, CA 91360
2162 Montgomery Road: Sold $1,470,000 · 4 bd · 3 ba · 2,536 sqft · Aug 2026 · 0.1 mi Elite Residential Realty | DRE #02007242 Buyer's agent: Sherry Dilworth, Pinnacle Estate Properties | DRE #01873808
826 Calle Nogal: Sold $640,000 · 3 bd · 1 ba · 944 sqft · Sep 2026 · 0.4 mi RE/MAX One | DRE #01505983 Buyer's agent: Davis Bartels, Pinnacle Estate Properties, Inc. | DRE #01933814
1869 Country Club: Sold $1,100,000 · 4 bd · 4 ba · 2,122 sqft · Sep 2026 · 0.4 mi AXEN Realty | DRE #01372763 Buyer's agent: Cory Boldroff, AXEN Realty | DRE #01372763
2609 Calle Elegante: Sold $685,000 · 2 bd · 3 ba · 1,373 sqft · Aug 2026 · 0.5 mi Coldwell Banker Quality Properties | DRE #01192548 Buyer's agent: David Schechtman, Pinnacle Estate Properties, Inc. | DRE #02011745
1782 Montgomery Road: Sold $1,475,000 · 4 bd · 3 ba · 2,629 sqft · Aug 2026 · 0.5 mi The ONE Luxury Properties | DRE #01313431 Buyer's agent: Lori Mills, Keller Williams Westlake Village | DRE #01496034
290 W Columbia Road: Sold $820,000 · 3 bd · 2 ba · 1,526 sqft · Aug 2026 · 0.6 mi Keller Williams Westlake Village | DRE #01856385 Buyer's agent: Ashley Ing, Keller Williams Westlake Village | DRE #01856385
1254 Calle Pimiento: Sold $780,000 · 4 bd · 2 ba · 1,534 sqft · Sep 2026 · 0.6 mi Pinnacle Estate Properties, Inc. | DRE #02143034 Buyer's agent: Davis Bartels, Pinnacle Estate Properties, In | DRE #01933814
2340 Calle Malvon: Sold $875,000 · 3 bd · 2 ba · 1,185 sqft · Sep 2026 · 0.7 mi
Based on information from the California Regional Multiple Listing Service, Inc. as of 10/14/2026 10:04 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.
Listed by: Shane Homes
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.