5155 Old Scandia Ln, Calabasas, CA 91302-2510
- Sports & entertainment properties
- 783 SF
- 5.12 lot acres
Current Use by Public Records
- Calabasas Pickleball Club / Gym & Fitness Center
Property Details for 5155 Old Scandia Ln
- Year built
- 1981
- Construction
- WOOD
- Lot size
- 5.12 lot acres
- Zone code
- HHR-A-S*
- Property type
- Sports & entertainment properties
- APN
- 2049-022-031
- APU
- 2049022031
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 4, 2026 | — | Calabasas Pb Land LLC | — | Deed · related | $274k · United States Small Business Admin |
| Apr 12, 2024 | — | Calabasas Pb Land LLC | — | Deed · related | $4M · Mandalay Income Fund I Reit LLC |
| Jan 24, 2024 | — | Nicholas P Karazissis | Karen Baldwin Karazissis | Transaction History Record | — |
| Dec 26, 2023 | $6,100,000 | Calabasas Pb Land LLC | Nicholas P Karazissis | Grant Deed | — |
| Apr 21, 2021 | — | Nicholas P Karazissis | Nicholas P Karazissis | Intrafamily Transfer · related | — |
| Jan 25, 2021 | — | Nicholas P Karazissis | Karazissis N P 2006 Trust | Quit Claim Deed · related | — |
| Oct 13, 2006 | — | Karazissis N P 2006 Trust | Karazissis,nicholas P | Quit Claim Deed · related | — |
| Aug 26, 1999 | $100,000 | Nicholas P Karaziassis | Sacker,neil J | Grant Deed | — |
| Dec 8, 1972 | $30,000 | — | — | Grant Deed · related | — |
| — | — | Nicholas P Karazissis | — | Deed Of Trust · related | $250k · First Century Bank |
| — | — | Nicholas P Karazissis | — | Deed Of Trust · related | $360k · Metrocities Mortgage LLC |
| — | — | Karazissis,n P 2006 Trust | — | Deed Of Trust · related | $622k · Bank Of America |
Description
This exceptional 6.22-acre fee simple property in Calabasas, CA (APN: 2049-022-031 & 2049-029-114), presents a rare redevelopment opportunity. The existing Calabasas Pickleball Club, built in 1981 and extensively renovated in 2023, features 16 state-of-the-art courts, a clubhouse, and common areas. Situated on Old Scandia Ln, 91302, this property boasts a prime location bordering the exclusive Hidden Hills community, known for its high-value homes. The site benefits from exceptional accessibility via the 101 Freeway (192,000 vehicles per day), placing it near high-performing retail centers like The Commons at Calabasas and El Camino Shopping Center, which attract over 8.3 million annual visitors. The property's Rural Residential (RR) zoning allows for diverse development options, including potential residential redevelopment. The strong demographics of the area, with an average household income exceeding $258,046 within a 1-mile radius, and a large workforce within a 5-mile radius, create a robust consumer base. This generational investment is unaffected by the LA Mansion Tax, making it an attractive proposition for both hands-on and passive investors seeking significant upside potential in a highly desirable Southern California location. The property's size and location offer substantial long-term value and growth prospects.
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Location Insight
- Map
- Local Demand
- City
- Calabasas
- County
- Los Angeles
- State
- California
- Longitude
- -118.654
- Latitude
- 34.1574
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
