Multifamily Property with Carport
3040 Crescent Way, Thousand Oaks, CA 91362
For Sale
$1,300,000
Central air and a range of kitchen appliances serve the residential interiors.
Property Size2,547 SF
Days on Market49
Property Features for 3040 Crescent Way
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Net Operating Income
Additional Details
Highway Access
Amenities
Curbs, Park, Suburban
Central Air
Central
Dishwasher, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Water Heater, Dryer, Washer, Washer/Dryer Stacked
Ceiling Fan(s), Crown Molding, Recessed Lighting, Storage
Living Room
Mountain(s)
Vinyl
Covered, Carport, Detached Carport, Driveway, On Site, Private
Building Details
Building Size
Year Built
Buildings
Stories
Listed By:
Daniel Freeman
(818) 419-3749
Source:
Evrealestate
Added: Sep 22
Changed: Nov 2
Last Checked: Nov 8 at 5:47AM
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 Daniel Freeman
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Investment Insights
Based on property information with market context.
Built in 2002, this multifamily property in Thousand Oaks includes central air, ceiling fans, recessed lighting, and crown molding. Kitchen appliances include a dishwasher, gas cooktop, gas oven, microwave, and refrigerator; a washer and dryer are also listed. The exterior is vinyl, with mountain views noted.
On-site parking is available via a detached carport and driveway. The property is located at 3040 Crescent Way in Ventura County.
On-site parking is available via a detached carport and driveway. The property is located at 3040 Crescent Way in Ventura County.
Key Highlights
- Built in 2002
- On‑site parking with detached carport and private driveway
- Central air, ceiling fans, recessed lighting, and crown molding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,318
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,360
$806.4K
Cap Rate 7%
$575,971
$576.0K
Cap Rate 9%
$447,978
$448.0K
Market Conditions
NOI Build-Up for 2,547 SF
Gross rent
$77.3K $30.36/SF
− Vacancy
−$4.0K −$1.58/SF
EGI
$73.3K $28.78/SF
− OpEx
−$33.0K −$12.95/SF
NOI
$40.3K $15.83/SF
Area
Thousand Oaks, CA
Vacancy
5.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$806,360
Cap Rate 7%
$575,971
Cap Rate 9%
$447,978
Alternative Uses
Best Use
Apartment 5plus
$576.0K
$504.0K – $672.0K
NOI $40,318 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$998.0K
$873.3K – $1.16M
NOI $69,861 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,289
Businesses Nearby
Explore this area
Business Placement
Demographics for 91362, CA
35,803
Population
14,456
Households
2.5
Avg Household Size
46
Median Age
56%
College-Educated
96%
High-School Grad
19.0 sq mi
ZIP Area
1,884
Density / Sq Mi
$143,683
Median Household Income
$64,921
Median Earnings
$2,735
Median Rent
$1,078,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Ventura County, CA
Properties on Market for Multifamily properties in Ventura County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Central air and a range of kitchen appliances serve the residential interiors.
Where is this multifamily property located?
The property is located at 3040 Crescent Way Thousand Oaks, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Built in 2002; On‑site parking with detached carport and private driveway; Central air, ceiling fans, recessed lighting, and crown molding
