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Medical + 8 Apts, 61k SF Lot, Affluent Area 24100 Calabasas Rd 18,197 SF 100% Leased Office Building Calabasas, CA 91302 $7,100,000 ($390.17/SF)
Investment Highlights
- 6,207 SF Medical Oncology Office plus 8 Apartments (2 Buildings)
- 1 Block from The Commons at Calabasas – Brand New $140m Caruso Mixed Use Development (to be completed in 2027)
- Convenient Access to all Amenities and Restaurants
- 61,681 SF Lot, Ideal for Development: Highest Resource and DDA Designated
- Affluent Neighborhood – $211,000 Median HH Income within 1 Mile
Executive Summary
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: 24100 Calabasas Rd, Calabasas offers an investor a highly improved medical building with 8 apartments one block from The Commons of Calabasas, the brand new $140m Caruso mixed use redevelopment. 4 apartments are directly above the medical space and are large with 11 foot-high ceilings with patios/balconies. Located ½ block from the 101 freeway on/off ramp gives easy access to all clients in one of the most affluent neighborhood of Southern California. The Commons redevelopment further continues the trend of developers investing into and further improving Calabasas to cater to the affluent and famous residents. The large lot provides development opportunities and expansion of the existing property.
DEMOGRAPHICS: One of the most affluent neighborhoods of Southern California and a favorite place for celebrities to live. Median Household Income is over $211,000
PRICE: $7,100,000 – 18,197 SF Building on 61,681 SF of Land
OFFERING SUMMARY: 24100 Calabasas Rd, Calabasas offers an investor a highly improved medical building with 8 apartments one block from The Commons of Calabasas, the brand new $140m Caruso mixed use redevelopment. 4 apartments are directly above the medical space and are large with 11 foot-high ceilings with patios/balconies. Located ½ block from the 101 freeway on/off ramp gives easy access to all clients in one of the most affluent neighborhood of Southern California. The Commons redevelopment further continues the trend of developers investing into and further improving Calabasas to cater to the affluent and famous residents. The large lot provides development opportunities and expansion of the existing property.
DEMOGRAPHICS: One of the most affluent neighborhoods of Southern California and a favorite place for celebrities to live. Median Household Income is over $211,000
PRICE: $7,100,000 – 18,197 SF Building on 61,681 SF of Land
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
18,197 SF
Building Class
B
Year Built
2007
Price
$7,100,000
Price Per SF
$390.17
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,099 SF
Slab To Slab
11’
Building FAR
0.30
Lot Size
1.42 AC
Zoning
CR-SC-RM - Commercial
Parking
30 Spaces (1.65 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2069-032-030 | Improvements Assessment | $2,813,364 |
| Land Assessment | $3,928,503 | Total Assessment | $6,741,867 |
Property Taxes
Parcel Number
2069-032-030
Land Assessment
$3,928,503
Improvements Assessment
$2,813,364
Total Assessment
$6,741,867
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Medical + 8 Apts, 61k SF Lot, Affluent Area | 24100 Calabasas Rd
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