500 E Hillcrest, Thousand Oaks, CA 91360

Thousand Oaks
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
500 E Hillcrest,Thousand Oaks, CA 91360
$249,900
  • 0 Acres
  • Lots / Land
  • Active
Listed by: christopher wall, christian stubbs
Office: first team real estate
MLS#:RS26136749
Source:San Diego MLS via CRMLS

Price summary

  • Price:$249,900

About this home

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.

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Home facts

  • Listing ID #:RS26136749
  • Added:108 day(s) ago
  • Updated:October 30, 2026 at 02:35 PM

Finances and disclosures

  • Price:$249,900
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