4766 Park GranadaCalabasas, CA 91302

Property Details for 4766 Park Granada

Year built

1978

Construction

WOOD

Lot size

0.54 AC

Property size (Sq ft)

17,472 SF

Zone code

LCC2-RPD10

Property type

Office properties

Property subtype

Office buildings

APN

2068-005-020

APU

2068005020

Description

This exceptional opportunity presents two available office suites within the Park Granada Building, a two-story, 23,328 square foot traditional office building located at 4766 Park Granada, Calabasas, CA 91302. Built in 1984, the property offers convenient access to a variety of retail and restaurant options at the nearby Calabasas Commons. Each suite offers a minimum of 852 square feet and a maximum of 874 contiguous square feet, with a total of 1,726 square feet currently vacant. The building features a single structure with no elevators. Flexible lease terms are available. Ample free parking is provided for tenants in a common area. The property is situated in the Conejo Valley submarket, specifically the Calabasas submarket cluster within Los Angeles County, and is easily accessible via Park Sorrento. This is an ideal location for businesses seeking flexible, well-located office space in the desirable Calabasas area. The property is perfect for small businesses or those seeking a smaller footprint. The convenient location and flexible lease terms make this an attractive option for a variety of tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $5,191,990

  6.5%

  $4,792,606

  7%

  $4,450,277

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,322,476

  Geo Method

  $3,322,476

• Alternative Use

  Use

  Valuation

  Residential

  $5,942,832

  Hospitality

  $5,443,602

  Educational

  $4,529,013

  Medical

  $4,684,772

  Retail

  $7,045,131

Location Insight

City

Calabasas

County

Los Angeles

State

California

Latitude

34.1539

Longitude

-118.641

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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