WOW! ATTENTION DEVELOPERS, OPPORTUNITY KNOCKS! Don't miss this rare ~~ONE AND ONLY~~ great INVESTMENT OPPORTUNITY! Approximately half an acre (0.4834/21,055 square feet) lot ZONED R-3 nestled in a multi-family community. Ideal for a developer or an investor to develop a fantastic multi-family units, apartments, duplex or a single family residence in a prime area of Thousand Oaks, one of the most desirable communities in Southern California. The lot includes a one story SINGLE FAMILY RESIDENCE with 3 bedrooms , 1 bath and a detached two car garage. The home is approximately 1,100 square feet great for bringing in rental income to any developer/investor while submitting plants to the City for construction of multi-family housing units. The location of the property is situated close to Civic Arts Plaza, City Hall, transportation, schools, Lakes shopping center, Gardens of the World, Janss Market Place, The Oaks Mall, restaurants and entertainment. Paved streets, all utilities available including sewer. This is a rare opportunity. An apartment building lot rarely becomes available in this community. Don't miss out. Come see this land before it goes.
Single-familyProperty Type
1969Year Built
0.48 acresLot Size
$1,296Est. Price/Sq.Ft.
2 car garageParking
Listed by Cathy Zomalai•DRE #01927271• Realty One Group Success
Bought with Loretta Younkin•DRE #01974022• Robert Younkin Jr
Rare infill apartment development land 86' X 250', located close to Civic Arts Plaza, schools, transportation, shopping at the Lakes, restaurants and entertainment. Buyer to check with the City of Thousand Oaks on building potentially 10-15 2 bedroom town home style apartments over a two car garage. Excellent rental market, in demand area, great neighborhood. There are not enough rental properties in this location of Thousand Oaks, creating a strong demand for new apartments. Great construction/building project for a developer/investor in need of a safe place to invest, build future passive income in one of the most desirable communities in Southern California. An apartment building lot rarely becomes available in this community. This is a rare opportunity. Build now to condo specs. Rent out for high income, sell as condos in the future. Buyer to verify all information. Broker/Agent makes not warranties expressed or implied.
CRMLS #SR15234243
Feb 3, 2016
Sold
$961,000
$874/sq ft
Feb 1, 2016
Pending
—
Jan 26, 2016
Contingent
—
Nov 11, 2015
Pending
—
Oct 27, 2015
Listed
$1,040,000
$945/sq ft
CRMLS #SR14049369
Dec 31, 2014
Listing Removed
—
Mar 10, 2014
Listed
$850,000
$773/sq ft
Public Records
May 30, 1989
Sold
$140,000
$127/sq ft
Public Records
Jun 27, 1977
Sold
$65,000
$59/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$12,496 (+2.2%)
$1,122,948 + $37,427
$1,160,375
2024
$12,226 (+2.8%)
$1,100,929 + $36,694
$1,137,623
2023
$11,890 (+1.7%)
$1,079,342 + $35,975
$1,115,317
2022
$11,685 (+1.7%)
$1,058,179 + $35,270
$1,093,449
2021
$11,489 (+4.6%)
$1,037,430 + $34,579
$1,072,009
2020
$10,987 (+2.7%)
$1,017,089 + $33,901
$1,050,990
2019
$10,698 (+2.0%)
$1,006,661 + $33,554
$1,040,215
2018
$10,485 (+2.0%)
$986,923 + $32,897
$1,019,820
2017
$10,283 (+104.7%)
$948,600 + $31,620
$980,220
2016
$5,024 (−24.8%)
$948,600 + $31,620
$980,220
2015
$6,677 (+1.4%)
$469,648
2014
$6,583 (+37.3%)
$616,000
2013
$4,796 (+1.8%)
$616,000
2012
$4,712
$449,381
Tax history for 271 Erbes Rd
Year
Property tax
Land + Additions
Assessment*
2025
$12,496 (+2.2%)
$1,122,948 + $37,427
$1,160,375
2024
$12,226 (+2.8%)
$1,100,929 + $36,694
$1,137,623
2023
$11,890 (+1.7%)
$1,079,342 + $35,975
$1,115,317
2022
$11,685 (+1.7%)
$1,058,179 + $35,270
$1,093,449
2021
$11,489 (+4.6%)
$1,037,430 + $34,579
$1,072,009
2020
$10,987 (+2.7%)
$1,017,089 + $33,901
$1,050,990
2019
$10,698 (+2.0%)
$1,006,661 + $33,554
$1,040,215
2018
$10,485 (+2.0%)
$986,923 + $32,897
$1,019,820
2017
$10,283 (+104.7%)
$948,600 + $31,620
$980,220
2016
$5,024 (−24.8%)
$948,600 + $31,620
$980,220
2015
$6,677 (+1.4%)
$469,648
2014
$6,583 (+37.3%)
$616,000
2013
$4,796 (+1.8%)
$616,000
2012
$4,712
$449,381
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.48 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Ventura County
APN
6700210420
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 24, 2026.
Jan 27, 2015 • Final
Electrical
Install conduit for a new service line.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Garage Spaces: 2
Driveway, Garage
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Outside
Kitchen Information
Appliances: Dishwasher, Garbage Disposal, Gas Oven, Gas Cooktop
Has Appliances
Area
Bathroom Information
# of Baths (Full): 1
Cooling Information
Wall Window
Has Cooling
Room Information
All Bedrooms Down, Entry, Living Room, Primary Bedroom, Main Floor Bedroom, Main Floor Primary Bedroom
Flooring Information
Wood
Interior Features
Ceiling Fan, Laminate Counters
Levels: One
Exterior
Exterior Information
Construction Materials: Asphalt, Concrete
Exterior Features
Patio And Porch Features: See Remarks
Has Patio
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Lot Shape-Rectangular, Lot 20000-39999 Sqft, Near Public Transit
Property Information
Total # of Units: 1
Common Walls: No Common Walls
Living Area Source: Estimated
Parcel Number: 6700210420
Has View
Year Built Source: Seller
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Electric: Electricity - On Property
Electricity Available, Sewer Connected, Sewer Available, Telephone - On Property, Water Connected
Water Source: District/Public
Location
Multi-Unit Information
# of Units In Community: 1
Neighborhood Information
Community Features: Curbs, Gutters, Sidewalks, Street Lighting
Location Information
Latitude: 34.18069800
Longitude: -118.84866300
Directions: Erbes Road is located between Hillcrest and Thousand Oaks Blvd.
Road Frontage Type: Access via City Streets
Road Surface Type: Paved
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.48 acres
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Ventura County
APN: 6700210420
Home facts updated by county records on Sep 24, 2026
Other
Listing Information
Days Active in MLS: 101
Continuous Days Active in MLS: 101
Listing Agent Information
List Agent First Name: Cathy
List Agent Last Name: Zomalai
Listing Office Information
List Office Name: Realty One Group Solutions
Selling Agent Information
Buyer Agent First Name: Loretta
Buyer Agent Last Name: Younkin
Selling Office Information
Buyer Office Name: Robin Realty
Around this home
Schools
Conejo Academy of Leadership and Language Immersion
Public K-5 • Assigned • 0.5mi
3/10
Colina Middle School
Public 6-8 • Assigned • 0.2mi
6/10
Westlake High School
Public 9-12 • Assigned • 2.3mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
9% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 100° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Thousand Oaks, CA • 91362
Average low and high temperatures (°F)
67
45
69
46
71
48
70
48
73
52
77
55
83
59
85
61
81
60
79
54
69
48
69
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 6.2 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.36M – $1.64M
Reach more buyers when you sell with Redfin. Save up to $14,257 in fees.3 minutes to get started.