5155 Old Scandia LnCalabasas, CA 91302

Property Details for 5155 Old Scandia Ln

Year built

1981

Construction

WOOD

Lot size

5.12 AC

Property size (Sq ft)

783 SF

Zone code

HHR-A-S*

Property type

Sports & entertainment properties

Property subtype

Other sports & entertainment properties

APN

2049-022-031

APU

2049022031

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.

• Alternative Use

  Use

  Valuation

  Residential

  $267,376

  Hospitality

  $244,915

  Educational

  $203,766

  Medical

  $210,774

  Retail

  $316,970

Location Insight

City

Calabasas

County

Los Angeles

State

California

Latitude

34.1574

Longitude

-118.654

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].