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    Property profile & analytics
    OFF-MARKET Estimated value $6,630,000
    Office buildings

    3840 Old Topanga Cyn Rd, Calabasas, CA 91302-1875

    9,801 SF 0.81 ac lot Built 1984
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-6352204
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Kids Club Program Training Center Family Recreation Center
    • Nicky's Pro Karate Training Center Sports School
    • GBTY Health Corporate Office
    • Montessori of Calabasas Too! Daycare Center
    • Mrs Cleaners (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $6.68M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.63M
    Owner & transaction history
    Topanga Canyon Partners LLC · 4 yrs held
    Topanga Canyon Partners LLC
    since 2022
    Last sale
    $6.6M
    7 recorded transactions
    2022
    $6.6M
    2020
    2019
    2014
    $6.2M
    2009
    $1.9M
    2008
    2008
    $2.6M
    Zoning & alternative use
    CS CL* · Calabasas, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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