3840 Old Topanga Canyon RdCalabasas, CA 91302

Property Details for 3840 Old Topanga Canyon Rd

Year built

1984

Construction

WOOD

Lot size

0.81 AC

Property size (Sq ft)

9,801 SF

Zone code

CS CL*

Property type

Office buildings

APN

2079-021-006

APU

2079021006

Description

This Calabasas retail property, located at 3840 Old Topanga Canyon Rd (cross street: Mullholland Hwy), offers 3,835 square feet of immediately available space in a 10,000 square foot building situated on 0.81 acres. The property consists of two single-story buildings, built in 1984 and renovated in 2010, with a total of six suites. Currently, 3,835 square feet is vacant, divisible into spaces as small as 939 square feet, with a maximum contiguous space of 3,835 square feet. The property boasts a high-traffic location at a signalized intersection, offering excellent visibility with unobstructed store signs and a monument sign. Ingress and egress are easy. The location benefits from proximity to Calabasas High School and Performing Arts Center, and enjoys a strong demographic profile, with an average household income of $224,000 and an average home price of $1.7 million. Current co-tenants include Montessori of Calabasas, SEV Laser, and Mrs. Cleaners. The property is zoned D and has an APN of 2079-021-006. Utilities are provided by So Cal Edison. There are 24+ parking spaces on-site, with plans for an additional parking lot currently under review. Property taxes are $0.65 per square foot. Available spaces include Unit E (1,548 sq ft), a former nail salon

• CAP approach

  CAP return

  Valuation

  6%

  $2,837,174

  6.5%

  $2,618,930

  7%

  $2,431,863

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,863,758

  Geo Method

  $1,863,758

• Alternative Use

  Use

  Valuation

  Residential

  $3,247,473

  Hospitality

  $2,974,668

  Educational

  $2,474,888

  Medical

  $2,560,004

  Retail

  $3,849,827

Location Insight

City

Calabasas

County

Los Angeles

State

California

Latitude

34.1373

Longitude

-118.63

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].