1714 Thousand Oaks blvd - Thousand Oaks Land Development Portfolio Sale 4.61 Acres of Commercial Land Offered at $3,965,126 CAD in Thousand Oaks, CA 91362

Leola Commercial Inc and Solstice International Realty is proud to present this Prime Development Opportunity in the affluent city of Thousand Oaks. It consist of 4.61 acres adjacent to the 101 Fwy and ingress through Thousand Oaks Blvd, a major commuting artery in the heart of Thousand Oaks, CA. Land is not entitled. In Thousand Oaks, CA, C-2 zoning, also known as "Commercial Zone," allows for a broad range of commercial activities. This includes retail, restaurants, offices, and other businesses that serve a wider area than neighborhood-specific uses. C-2 zones are generally intended for areas where a variety of commercial uses can coexist, often in more developed commercial districts. According to a city code library, the specific permitted uses in a C-2 zone are outlined in Article 21 of the city's zoning regulations. C2 zoning is intended to provide a method by which land located in the zone may be designed and developed for both commercial and residential uses. . 2.39 acres (3 of the 4 parcels) are zoned —- Specific Plan 20 (SP-20) which overlays in the Mix Use Zone and the MUOZ. The Mixed-Use Overlay Zone is intended to provide a method by which land located in the zone may be designed and developed for both commercial and residential uses. Up to 72 units can developed on this land. Land is not entitled. Thousand Oaks is the second-largest city in Ventura County, California, located in the northwestern part of Greater Los Angeles. Approximately 15 miles from the city of Los Angeles and 40 miles from Downtown Los Angeles, it is named after the many oak trees present in the area. A number of high-tech companies moved to Newbury Park in the 1960s. The city is a biotech hub anchored by Amgen with life sciences being one of the economic engines of the community. The per capita income in Thousand Oaks is significantly higher than both the state and national averages. Average household income is $134,367.