Mixed-Use Property with Medical
For Sale
Contact for pricing
24100 Calabasas Rd, Calabasas, CA 91302
Combines medical space with residential apartments in a multi-use building.
Property Size18,197 SF
Price / SF$390.17
Days on Market194
Property Features for 24100 Calabasas Rd
General Information
Standard status
Active
Size
18,197 SF
Class
B
Total Parking Spaces
36
Property subtype
Office
Zoning
CR-SC-RM
Investment Type
Value Add
Building Details
Year Built
2007
Buildings
2
Units
8
Tenancy
Single
Listing Agency:
Commercial Real Estate Investments
Listed By:
Karl Niehaus · License #CA 01450751
(310) 826-8200
Source:
Crexi
Added: Apr 4
Changed: Oct 11
Last Checked: Oct 12 at 6:06PM
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 Commercial Real Estate Investments
Investment Insights
Based on property information with market context.
This 18,197-square-foot mixed-use property combines medical space with eight apartments. Four residences are positioned directly above the medical component, with 11-foot ceilings and patios or balconies. The building offers an integrated residential and medical configuration within a single improved property.
Located at 24100 Calabasas Rd in Calabasas, the property is one block from The Commons of Calabasas and one-half block from the 101 freeway on/off ramp. This placement provides direct access to the surrounding area and connects the property with a nearby mixed-use destination.
Located at 24100 Calabasas Rd in Calabasas, the property is one block from The Commons of Calabasas and one-half block from the 101 freeway on/off ramp. This placement provides direct access to the surrounding area and connects the property with a nearby mixed-use destination.
Key Highlights
- 18,197‑square‑foot mixed‑use property with medical space and 8 apartments
- 4 apartments are located directly above the medical space
- Residential units feature 11‑foot‑high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$397,772
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,955,440
$8.0M
Cap Rate 7%
$5,682,457
$5.7M
Cap Rate 9%
$4,419,689
$4.4M
Market Conditions
NOI Build-Up for 18,197 SF
Gross rent
$698.8K $38.40/SF
− Vacancy
−$168.4K −$9.25/SF
EGI
$530.4K $29.15/SF
− OpEx
−$132.6K −$7.29/SF
NOI
$397.8K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,955,440
Cap Rate 7%
$5,682,457
Cap Rate 9%
$4,419,689
Alternative Uses
Best Use
Office B
$5.68M
$4.97M – $6.63M
NOI $397,772 @ 7.0% cap · market cap 5.60%
Second Best
Mixed Use
$5.26M
$4.61M – $6.14M
NOI $368,489 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$9.74M
$8.52M – $11.37M
NOI $681,982 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 91302, CA
25,468
Population
10,235
Households
2.5
Avg Household Size
45
Median Age
71%
College-Educated
98%
High-School Grad
27.4 sq mi
ZIP Area
929
Density / Sq Mi
$167,470
Median Household Income
$91,426
Median Earnings
$3,011
Median Rent
$1,674,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Combines medical space with residential apartments in a multi-use building.
Where is this mixed-use property located?
The property is located at 24100 Calabasas Rd Calabasas, CA.
What is the asking price?
The asking price for this property is $7,100,000.
What are key features of this property?
This property features: 18,197‑square‑foot mixed‑use property with medical space and 8 apartments; 4 apartments are located directly above the medical space; Residential units feature 11‑foot‑high ceilings
