170 Erbes Rd, Thousand Oaks, CA 91362

$1,990,000
List Price
$1,990,000
MLS#
24-430493
Status
ACTIVE
Type
Land

Property Description

Exciting Opportunity for BUILDERS, DEVELOPERS, and INVESTORS! Unlock the potential of this Fully Entitled 30 Unit Condo Style Apartment Development situated in a very desirable location, just a stone's throw away from Thousand Oaks City Hall and Ventura County's top-tier schools. Nestled within a few hundred feet of the bustling Thousand Oaks Blvd corridor, known for its exquisite dining, quick bites, and fantastic shopping, this development promises to be a gem. Discover the charm of this meticulously designed development, boasting a diverse range of units to cater to various lifestyles. With three 2+1 Lofts, sixteen 1+1 Lofts, one 2+1 Flat, and ten 1+1 Flats, there's something for everyone. Notably, the majority of units are designated as Market Rate units with the exception of four units, ensuring a lucrative return on investment. Convenience meets accessibility with ground-level Parking and an inviting Lobby complete with a mailroom. Residents will relish the amenities, including a central Courtyard, tranquil seating areas, a sizzling BBQ area, a cozy Fire Pit, a state-of-the-art Business Center, and a well-equipped Gym. Don't miss out on this incredible opportunity to turn this prime location into a thriving investment. Seize the moment and make your mark in Thousand Oaks. Contact us today to learn more about this exceptional property.

Additional Information

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Courtesy of Exp Commercial of California, Inc., Louis Chavez.

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