Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Unique Calabasas Office Space Title is generated by Realmo AI

    23632 Calabasas Road, Calabasas, CA 91302

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Sublease opportunity in a unique Calabasas office space.

    Type:Office
    Property size:
    15,800 SF
    Added:
    Nov 26, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 9:18 pm

    Property Features for 23632 Calabasas Road

    General Information

    Standard status
    Active
    Size
    15,800 SF
    Property subtype
    Office

    Building Details

    Year Built
    1983

    Spaces For Lease

    at 23632 Calabasas Road Contact us

    We can help!

    Listing Contact
    Jared Smits
    Jared Smits

    Listing agent Jared Smits License #CalDRE #01839532

    Listing office Lee & Associates - LA North - Calabasas

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Lee & Associates - LA North - Calabasas

    HighLights

    • Unique office space available for sublease.
    • Sublease opportunity in a prime location.
    • Located in Calabasas, Los Angeles.
    • Office space built in 1983.

    Overview

    This sublease opportunity features a unique office space located in Calabasas, Los Angeles. The property offers 15,800 square feet of office space.
    Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Postal Service ASJ Family Counseling ... Counselor Calabasas Center for Natural ... Physician Asal Houshiarnejad, PsyD ... Crisis Center Langlois Family Law, ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Calabasas
    County
    Los Angeles
    State
    California
    Longitude
    -118.644
    Latitude
    34.1554

    Nearby Similar for Lease

    • Contact for pricing
      132 SF

      Compact Office Space in Calabasas

      Efficient 132 sq. ft. office space for lease.
      22231 Mulholland, Calabasas, CA 91302
      View Details
    • $2 SF/Yr
      36,670 SF

      Calabasas Two-Story Office Building

      Two-story office building in Calabasas, approximately 36,670 square feet.
      26010 Mureau Road, Calabasas, CA, 91302
      View Details
    • $2 SF/Yr
      3,530 SF

      Calabasas Class A Office Space

      Class A office space in Calabasas with freeway visibility.
      27001 Agoura Road, Calabasas, CA, 91302
      View Details
    • $2 SF/Yr
      10,919 SF

      Calabasas Class A Office Space

      Class A office space with freeway visibility and local management.
      26901 Agoura Road, Calabasas, CA, 91302
      View Details
    • Sponsored
      $129-$9,656/Mo
      11-1,292 SF

      Spaces Park Calabasas

      4500 Park Granada Blvd, Calabasas, CA 91302
      View Details
    • $0.19 SF/Yr
      1,200 SF

      Retail Space in Calabasas Plaza

      Retail space available in a busy Calabasas shopping center.
      26500 W Agoura Rd | Calabasas, CA 91302, CA 91302
      View Details
    • $2 SF/Yr
      32,186 SF

      Industrial Units for Lease

      Multiple industrial units available for lease with freeway access.
      5115 Douglas Fir Road, Calabasas, CA 91302
      View Details
    • $2 SF/Yr
      3,732 SF

      Calabasas Office Space Available

      Office space available for lease in Calabasas, California.
      24005 Ventura Boulevard, Calabasas, CA, 91302
      View Details
    • $2 SF/Yr

      Calabasas Office Space For Lease

      Office space for lease with freeway visibility in Calabasas.
      5230 Las Virgenes Rd, Calabasas, CA 91302
      View Details
    • $11,000/Mo
      1,200 SF

      Freestanding Building on Ventura Blvd

      Freestanding retail building with US 101 exposure for lease.
      24000 Ventura Blvd, Calabasas, CA 91302
      View Details
    • $2 SF/Yr
      35 SF

      Calabasas Office Space for Lease

      Office space in park-like setting with excellent freeway access.
      23586 Calabasas Rd | Calabasas, CA 91302, CA 91302
      View Details
    • $2,950/Mo
      615 SF

      Calabasas Office Condo For Lease

      Office condominium for lease in the heart of Calabasas.
      23501 Park Sorrento #211, Calabasas, CA 91302
      View Details

    FAQs

    What type of property is this?
    Office units - Sublease opportunity in a unique Calabasas office space.
    Where is this office units located?
    The property is located at 23632 Calabasas Road Calabasas, CA.
    What are key features of this property?
    This property features: Unique office space available for sublease.; Sublease opportunity in a prime location.; Located in Calabasas, Los Angeles.
    (818) 444-4986
    We can help!
    Listing Contact
    Jared Smits
    Jared Smits
    Real Estate License ID: CalDRE #01839532
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    23632 Calabasas Road, Calabasas, CA 91302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!