1690 E Hillcrest Drive, THOUSAND OAKS, CA 91362 (MLS# 26-2690)

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1690 E Hillcrest Drive, THOUSAND OAKS, CA 91362

New Listing

$6,450,000

Property Type: Res Inc Square Footage: 14,665 Lot Size (sq. ft.): 27,529 Status: Active

Current Price: $6,450,000 List Date: 8/13/2026 Last Modified: 8/13/2026

Overview

Description

First time on market in 45+ years for this well maintained 20-unit bldg in the highly desirable, low turnover sale marketplace of Thousand Oaks. 1963 built w/ (1) 3BD/2BA, (6) 2BD/1BA and (13) 1BD units. Dual-pane windows, copper plumbing, newer exterior paint and recent upgrades to exterior 2nd story walkways. 6 units recently updated w/ contemporary finishes, featuring updated cabinetry, quartz countertops, stainless steel sinks, luxury vinyl plank flooring, upgraded electrical subpanels, and split-system HVAC systems. Additional amenities include an onsite laundry facility w/ leased equipment on mo/mo agreement, tuck-under and open parking, and well-maintained common areas. 3 units to be delivered vacant, providing an immediate value-add opportunity.

Listing Details MLS# 26-2690

Location Info

District: 00 - VENTURA
Street #: 1690
Dir: E
Street Name: Hillcrest
Street Suffix: Drive
State: CA
Country: US
Postal Code: 91362
County: Ventura
Parcel Number: 670-0-210-330
Cross Street: Erbes

Contract Info

Price: 6450000
Begin Date: 2026-08-13

Property Information

Number of Units: 20
Year Built: 1963
Main House SqFt: 14665
Apx # Acres: 0.63
Apx Lot SqFt: 27529
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3
Deposit Type: %

Unit 1

# Units: Yes
# Bedrooms: 3
# Baths: 2
Rent: 2841
Monthly Total: 2841
# Half Baths: 0

More Information

Unit 2

# Units: 6
# Bedrooms: 2
# Baths: Yes
Rent: 2339
Monthly Total: 14031
# Half Baths: 0

Unit 3

# Units: 13
# Bedrooms: Yes
# Baths: Yes
Rent: 2096
Monthly Total: 27246

Neighborhood/Schools

Elementary School: Other
Junior High School: Other
High School: Other

Income/Expenses

Total Monthly Income: 44418
Gross Rent Multiplr: 12.1
Capitalization Rate: 5.3

Zoning

R-3: Yes

Terms

Conventional: Yes

Listing Type

ER: Yes

Property Features

Zoning: R-3 Terms: Conventional Listing Type: ER

Listing Office: Beachside Partners

Last Updated: August - 13 - 2026

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