23500 Park Sorrento Calabasas, CA 91302
This exceptional 1.11-acre parcel in Calabasas, California (Los Angeles County, zip code 91302), presents a rare development opportunity. Located at 23500 Park Sorrento, this property is zoned CMU (Commercial Mixed Use), offering significant flexibility for future projects. The land is situated adjacent to Avanti Calabasas, a high-end mixed-use condominium development completed in 2017, with resales currently starting at approximately $1.9 million, indicating strong market demand in the immediate vicinity. Its proximity to the Calabasas Tennis & Swim Center, a well-regarded community facility, further enhances its desirability. This is an "as-is" sale, and the seller will not provide time for the buyer to secure entitlements or building permits. The buyer is responsible for conducting their own due diligence to verify General Plan Land Use, Zoning Designation, and Development Standards. The asking price is $399,999. This represents an attractive basis in a supply-constrained market and offers a by-right land use in a highly desirable infill location. The APN is 2068-005-028.
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Peter Mahar Photography Wedding Service Photography Service
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Cellar Door Fine Wines Specialty Food Shop Wine and Liquor Store
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Abacus Wealth Partners Financial Advisor
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BE KIND STUDIOS CALABASAS Gym & Fitness Center
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be kind studios Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.