Renovated 3-Unit
New
For Sale
$1,899,990
1065 Warwick, Thousand Oaks, CA 91360
Three distinct residences offer private backyards, in-unit laundry, and a pool serving the largest unit.
Property Size3,586 SF
Price / SF$529.84
Days on Market5
Property Features for 1065 Warwick
General Information
Standard status
Active
Size
3,586 SF
Property subtype
Triplex
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 5BR/2BA, 1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
3
Amenities
pool
private backyard
in-unit washer/dryer
Building Details
Building Size
3,586 SF
Year Built
1962
Year Renovated
2024
Listing Agency:
Del Rey Residential
Listed By:
Julian Nan · License #01928893
(949) 396-2974
Source:
Truthrealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 5:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Del Rey Residential
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Investment Insights
Based on property information with market context.
This 3,586-square-foot triplex contains three residences: a 1,808-square-foot home with five bedrooms and two bathrooms, a 1,378-square-foot unit with three bedrooms and two bathrooms, and a 400-square-foot accessory dwelling unit with one bedroom and one bathroom. Major renovations in 2024 included new kitchens, refreshed bathrooms, lighting, paint, a roof, and backyard landscaping and fencing. The ADU was completed in September 2026. Each residence has a private backyard; the largest unit includes a pool. Refrigerators, cooktops, ovens, dishwashers, and in-unit washers and dryers are provided in all three units.
Two units are occupied, while the ADU is vacant. Electricity and gas are separately metered. Water submeters are installed, with electronic data transmission dependent on an updated communication system. The property is 1.1 miles from the 101 Freeway, 1.6 miles from The Oaks and Los Robles Medical Center, 2.9 miles from The Lakes retail plaza, and 3.6 miles from Amgen headquarters.
Two units are occupied, while the ADU is vacant. Electricity and gas are separately metered. Water submeters are installed, with electronic data transmission dependent on an updated communication system. The property is 1.1 miles from the 101 Freeway, 1.6 miles from The Oaks and Los Robles Medical Center, 2.9 miles from The Lakes retail plaza, and 3.6 miles from Amgen headquarters.
Key Highlights
- 3,586 SF across three units: 1,808 SF, 1,378 SF, and 400 SF
- Unit mix: 5 bedrooms/2 bathrooms, 3 bedrooms/2 bathrooms, and 1 bedroom/1 bathroom
- 2024 renovations included kitchens, bathrooms, roof, lighting, paint, and backyard landscaping and fencing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,564
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,280
$1.2M
Cap Rate 7%
$879,486
$879.5K
Cap Rate 9%
$684,044
$684.0K
Market Conditions
NOI Build-Up for 3,586 SF
Gross rent
$92.5K $25.80/SF
− Vacancy
−$4.6K −$1.27/SF
EGI
$87.9K $24.53/SF
− OpEx
−$26.4K −$7.36/SF
NOI
$61.6K $17.17/SF
Area
Thousand Oaks, CA
Vacancy
4.94%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,231,280
Cap Rate 7%
$879,486
Cap Rate 9%
$684,044
Alternative Uses
Best Use
Multifamily LT 5
$879.5K
$769.6K – $1.03M
NOI $61,564 @ 7.0% cap · market cap 3.24%
Second Best
Apartment 5plus
$810.9K
$709.6K – $946.1K
NOI $56,765 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,359 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 91360, CA
43,046
Population
15,631
Households
2.8
Avg Household Size
44
Median Age
44%
College-Educated
92%
High-School Grad
15.4 sq mi
ZIP Area
2,795
Density / Sq Mi
$116,729
Median Household Income
$51,132
Median Earnings
$2,412
Median Rent
$887,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three distinct residences offer private backyards, in-unit laundry, and a pool serving the largest unit.
Where is this triplex located?
The property is located at 1065 Warwick Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $1,899,990.
What are key features of this property?
This property features: 3,586 SF across three units: 1,808 SF, 1,378 SF, and 400 SF; Unit mix: 5 bedrooms/2 bathrooms, 3 bedrooms/2 bathrooms, and 1 bedroom/1 bathroom; 2024 renovations included kitchens, bathrooms, roof, lighting, paint, and backyard landscaping and fencing
