California Community

The Groves, Thousand Oaks Ventura County

The Groves are 91 condominiums and townhomes
located in the beautiful suburban community of Thousand Oaks in eastern Ventura County.

The development consists of stacked one-level flats and two-story townhomes over parking.

Amenities include a pool, spa and landscaped oak tree groves, and the development is located close to shopping and freeways.

The Groves was a very successful affordable for-sale development, targeting buyers with 80-120% of AMI of Ventura County.

100% affordable:
2-bedroom (962 s.f.)
3-bedroom (1,185-1,304 s.f.)

Photos

Year Built

Type

No. Units

Total Cost

$17,000,000

Developer

AMCAL Diversified Corp.

Contractor

AMCAL General Contractors

Architect

Barry Berkes

Financing

Equity

AMCAL Enterprises

Construction

Bank of A. Levy

Permanent

FHA - First Deed of Trust

Agency

City of Thousand Oaks - Down Payment Assistance Program

Non-Profit