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3840 Old Topanga Canyon Rd
Calabasas, CA 91302
Calabasas Place · Retail Property For Sale
Investment Highlights
- Unique opportunity to acquire a high-quality triple net leased retail strip center with a well-diversified tenant mix, small suites, and low risk.
- Recently renovated with limited deferred maintenance or near-term capital requirements and tenants provide their own improvements.
- Easy to manage with value-add potential in both undeveloped land on Mulholland Hwy and upside potential in the below market existing lease rates.
- Dense, infill location in an established and desirable Los Angeles community limits future competition from new construction or redevelopment.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.80 AC
Zoning
CL
Parking
34 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 2079-021-006 | Improvements Assessment | $4,202,383 |
| Land Assessment | $2,801,589 | Total Assessment | $7,003,972 |
Property Taxes
Parcel Number
2079-021-006
Land Assessment
$2,801,589
Improvements Assessment
$4,202,383
Total Assessment
$7,003,972
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