Current Use by Public Records
- Peter Mahar Photography / Wedding Service / Photography Service
- Cellar Door Fine Wines / Specialty Food Shop / Wine and Liquor Store
- Abacus Wealth Partners / Financial Advisor
- BE KIND STUDIOS CALABASAS / Gym & Fitness Center
- be kind studios / Gym & Fitness Center
Property Details for 23500 Park Sorrento
- Lot size
- 1.11 lot acres
- Property type
- Land
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Calabasas
- County
- Los Angeles
- State
- California
- Longitude
- -118.64
- Latitude
- 34.1541
