Property profile

3840 Old Topanga Cyn Rd Calabasas, CA 91302

OFF-MARKET
Office buildings
Property ID
US09-6352204
9,801 SF 0.81 ac lot Built 1984
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Calabasas retail property, located at 3840 Old Topanga Canyon Rd (cross street: Mullholland Hwy), offers 3,835 square feet of immediately available space in a 10,000 square foot building situated on 0.81 acres. The property consists of two single-story buildings, built in 1984 and renovated in 2010, with a total of six suites. Currently, 3,835 square feet is vacant, divisible into spaces as small as 939 square feet, with a maximum contiguous space of 3,835 square feet. The property boasts a high-traffic location at a signalized intersection, offering excellent visibility with unobstructed store signs and a monument sign. Ingress and egress are easy. The location benefits from proximity to Calabasas High School and Performing Arts Center, and enjoys a strong demographic profile, with an average household income of $224,000 and an average home price of $1.7 million. Current co-tenants include Montessori of Calabasas, SEV Laser, and Mrs. Cleaners. The property is zoned D and has an APN of 2079-021-006. Utilities are provided by So Cal Edison. There are 24+ parking spaces on-site, with plans for an additional parking lot currently under review. Property taxes are $0.65 per square foot. Available spaces include Unit E (1,548 sq ft), a former nail salon

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Construction WOOD
Total area 9,801 SF
Lot 0.81 ac (35,248 SF)
Zoning code CS CL*
APN 2079-021-006
UPID US09-6352204

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center Family Recreation Center
  • Training Center Sports School
  • Corporate Office
  • Daycare Center
  • (Bike/Boat/Book/etc) Store

Location

3840 Old Topanga Cyn Rd Calabasas, CA 91302-1875
Calabasas metro Census 800101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.64M

Owner & transaction history

since 2022
Last sale
$6.6M
7 recorded transactions
2022
$6.6M
2020
Price N/A
2019
Price N/A
2014
$6.2M
2009
$1.9M
2008
Price N/A
2008
$2.6M

Zoning & alternative use

CS CL* · Calabasas, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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