Property profile

4766 Park Granada Calabasas, CA 91302

FOR LEASE
Office buildings
Property ID
US09-8611167
17,472 SF 0.54 ac lot Built 1978
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional opportunity presents two available office suites within the Park Granada Building, a two-story, 23,328 square foot traditional office building located at 4766 Park Granada, Calabasas, CA 91302. Built in 1984, the property offers convenient access to a variety of retail and restaurant options at the nearby Calabasas Commons. Each suite offers a minimum of 852 square feet and a maximum of 874 contiguous square feet, with a total of 1,726 square feet currently vacant. The building features a single structure with no elevators. Flexible lease terms are available. Ample free parking is provided for tenants in a common area. The property is situated in the Conejo Valley submarket, specifically the Calabasas submarket cluster within Los Angeles County, and is easily accessible via Park Sorrento. This is an ideal location for businesses seeking flexible, well-located office space in the desirable Calabasas area. The property is perfect for small businesses or those seeking a smaller footprint. The convenient location and flexible lease terms make this an attractive option for a variety of tenants.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction WOOD
Total area 17,472 SF
Lot 0.54 ac (23,631 SF)
Zoning code LCC2-RPD10
APN 2068-005-020
UPID US09-8611167

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
  • Plumbing Service General Contractor
  • Insurance Agency
  • Crisis Center Medical Clinic
  • Insurance Agency
  • Law Firm

Location

4766 Park Granada Calabasas, CA 91302
Calabasas metro Census 800204 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.23M
CAP Approach CAP
$6.27M
Comparable Approach Comparable
$4.75M
Blend (final) Blend
$7.39M

Owner & transaction history

since 2021
Last sale
$7.2M
4 recorded transactions
2023
Price N/A
2021
$7.2M
2011
$250,000
2007
$11.0M

Zoning & alternative use

LCC2-RPD10 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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