Rancho Serrano Townhomes

Jones Lang LaSalle Americas, Inc., as exclusive advisor, is pleased to present for sale Rancho Serrano (the “Property”), a rare 22-unit townhome community located in the coveted Thousand Oaks, CA. Delivered in 2008, Rancho Serrano represents an exclusive townhome enclave in one of Ventura County’s most desirable markets, offering residents a unique combination of privacy, luxury, and convenience. The Property has exhibited strong operational performance including positve lease renewals.

The community features exceptionally spacious 3-bedroom, 2.5-bathroom townhome units averaging ±1,925 square feet—the largest floorplans available in Thousand Oaks. Each unit includes a direct access 2-car garage, a rare amenity in the Thousand Oaks rental market that provides a distinct competitive advantage. The units remain in original condition, presenting attractive value-add opportunities through key enhancement possibilities including upgraded appliances, premium countertops, modern cabinetry, luxury vinyl plank flooring, and contemporary bathroom finishes to capture market rents and reduce the gap to new construction. Additionally, all homes are separately parceled providing new ownership the ability to readily pursue a for-sale exit. Rancho Serrano’s prime location offers exceptional convenience with close proximity to major retail destinations including The Oaks super regional mall and Janss Marketplace, providing residents immediate access to upscale dining, shopping, entertainment, and essential services.

The Property presents a rare opportunity to acquire a boutique townhome community in the high barrier to entry Thousand Oaks market. With minimal new multifamily construction and favorable demographic fundamentals, Rancho Serrano offers investors the ability to capitalize on both immediate value-creation opportunities and long-term market appreciation in this coveted Ventura County location.