$249,900

500 E Hillcrest, Thousand Oaks CA, 91360

Price per sqft$57.37

Lot size0.1 Acres

Property typeLand

Overview

Active

Listed Jul 20, 2026

Updated 2 weeks ago

A rare infill opportunity on E Hillcrest Drive. This is a ±4,000 sq. ft. residential lot in the heart of Thousand Oaks, priced well below what the land appraises for. Zoning is RPD-6.3U-SFD, which allows a custom single-family residence up to three stories. Entitlement is in process and nearing completion, meaning the hard part is already underway for whoever takes it over. A recent Broker Price Opinion (BPO) puts the land at $400,000 as-is and $500,000 with entitlement finalized. The seller is motivated and will consider a short sale at a minimum of $290,000 cash offer and a quick close. The spread speaks for itself. The location puts you next to established neighborhoods, medical offices, retail, restaurants, and parks, with quick access to the 101 and other major routes. Build to hold, build to sell, or land bank it while entitlement wraps. Buyer to verify zoning, entitlement status, buildability, and utility availability with the City of Thousand Oaks.

Additional information

MLS^® ID: RS26136749

Exterior Features

Lot Size: 0.1 Acres

Other Property Details

55+/Senior Community: No

Listed by Christopher Wall, First Team Real Estate, CA DRE 02226116

Listing Contact: 949-988-3000

Based on information from the CRISNet MLS as of 9/25/2026, 3:48 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.