Attention buyers and investors looking to unlock tremendous value--this is the opportunity you've been waiting for! Whether you're ready to remodel this charming and spacious single-story 3 bedroom, 2 bathroom home to make it your own in a fantastic neighborhood, or purchase as a strong rental investment, this property offers exceptional upside! Originally a 4-bedroom, 2-bath home, the current primary suite has been expanded by incorporating one of the bedrooms, creating a spacious retreat that can easily be converted back to the original four-bedroom layout if desired. Inside the home you will find a great floor plan just waiting for your vision with separate living and family rooms, surround sound wiring in family room, updated bathrooms, and a permitted bonus sunroom that provides flexible space ideal for a home office, playroom, or den. Outside the lot offers views from the front, a spacious curved driveway, attached 2-car garage and low maintenance backyard offering privacy. Located just up the street from California Lutheran University where you can enjoy their public swimming pool, and close to award-winning Conejo Valley schools, shopping, dining, parks, and scenic hiking trails - this property combines location, versatility, and unlimited potential. A true diamond in the rough in one of Thousand Oaks most desirable areas!