Agoura Hills Condo with
29121 Thousand Oaks Boulevard #C Agoura, Agoura Hills, CA 91301
For Sale
$630,000
Updated 2-bedroom condo in desirable Agoura Hills community.
Property Size1,274 SF
Price / SF$494.51
Days on Market665
Property Features for 29121 Thousand Oaks Boulevard #C Agoura
General Information
Standard status
Size
Property subtype
Amenities
Fireplace
Security System
Central Air
Central
Dishwasher
Disposal
Gas Range
Microwave
Refrigerator
Trash Compactor
Dryer
Washer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building Details
Building Size
Year Built
Stories
Listing Agency:
LRS Realty & Management Inc.
Listed By:
Margaret Begey
(818) 231-9811
Source:
Kw
Added: Jan 14, 2025
Changed: Nov 4
Last Checked: Nov 8 at 8:23AM
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 LRS Realty & Management Inc.
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath condominium offers a blend of comfort and elegance, situated in the Meadow Ridge community of Agoura Hills. The living area features bamboo floors. The remodeled kitchen includes granite counters, ample cabinets, under-cabinet lighting, a spacious breakfast bar, and stainless steel appliances such as a refrigerator, microwave, gas range, and wine fridge. A fireplace adds warmth, and wall-to-wall sliding doors open to a balcony with views of the pool area and mountains. The primary bedroom has a walk-in closet and wood floors, while the second bedroom offers a spacious layout, a walk-in closet, and carpeted floors. The unit includes a full-size washer and dryer. A 2-car attached garage provides overhead racks and cabinets for storage. The complex features grounds, a pool, a jacuzzi, and waterfalls. The location is near Malibu and Zuma beaches, Kanan Road, the 101 Freeway, shops, restaurants, supermarkets, and banks. The property size is 1274 square feet.
Key Highlights
- Desirable location in Agoura Hills' Meadow Ridge community, close to Malibu/Zuma beaches, Kanan Road, 101 Freeway, shops, restaurants, and banks.
- Remodeled kitchen with GRANITE COUNTERS, ample cabinets, stainless steel appliances and breakfast bar.
- Two bedrooms, each with a WALK‑IN CLOSET; primary bedroom with wood floors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,500
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,000
$410.0K
Cap Rate 7%
$292,857
$292.9K
Cap Rate 9%
$227,778
$227.8K
Market Conditions
NOI Build-Up for 1,274 SF
Gross rent
$40.5K $31.80/SF
− Vacancy
−$3.2K −$2.54/SF
EGI
$37.3K $29.26/SF
− OpEx
−$16.8K −$13.17/SF
NOI
$20.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$410,000
Cap Rate 7%
$292,857
Cap Rate 9%
$227,778
Alternative Uses
Best Use
Apartment 5plus
$292.9K
$256.3K – $341.7K
NOI $20,500 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$682.1K
$596.8K – $795.8K
NOI $47,747 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
993
Businesses Nearby
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Business Placement
Demographics for 91301, CA
24,790
Population
9,394
Households
2.6
Avg Household Size
45
Median Age
66%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
749
Density / Sq Mi
$166,912
Median Household Income
$85,240
Median Earnings
$3,163
Median Rent
$1,096,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles County, CA
Properties on Market for Apartment buildings in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2-bedroom condo in desirable Agoura Hills community.
Where is this apartment building located?
The property is located at 29121 Thousand Oaks Boulevard #C Agoura Agoura Hills, CA.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Desirable location in Agoura Hills' Meadow Ridge community, close to Malibu/Zuma beaches, Kanan Road, 101 Freeway, shops, restaurants, and banks.; Remodeled kitchen with GRANITE COUNTERS, ample cabinets, stainless steel appliances and breakfast bar.; Two bedrooms, each with a WALK‑IN CLOSET; primary bedroom with wood floors.
