
Calabasas, California 91302
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $1,399,000—positioned well below the $1,470,772 Fair Market Value by 4%. This valuation gap provides $71,772 in Instant Equity. With a Condition Rating of 4, the home features recent cosmetic updates but offers significant potential for modernization in the kitchen and baths. Located on a private cul-de-sac near Top-Rated Schools like Chaparral Elementary, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22421 Kearny Street Subject | $1,399,000* List Price | 4 | 3 | 2,611 | $563 | - |
A 3811 Algonaut Sold | $1,265,000 | 4 | 2 | 2,004 | $631 | 0.2 mi |
B 4086 Declaration Sold | $1,560,000 | 4 | 3 | 2,521 | $619 | 0.4 mi |
C 3935 Bon Homme Sold | $1,758,855 | 4 | 4 | 3,041 | $578 | 0.3 mi |
D 22815 Sparrowdell Active | $1,699,000 List Price | 5 | 4 | 2,810 | $605 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1965 and features recent surface-level updates including new paint and faux wood flooring. However, the kitchen and bathrooms are significantly dated, featuring older oak cabinetry and tile countertops likely from a renovation over 20 years ago. While functional and move-in ready, the core systems and wet areas require modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12961, living area = 2611.
Situated on a quiet cul-de-sac in a prestigious Calabasas neighborhood, the home is within walking distance to award-winning schools, including Chaparral Elementary and Calabasas High.
The spacious 2,611-square-foot, one-story layout offers excellent flow and accessibility, featuring four bedrooms and three bathrooms that cater well to families and downsizers alike.
While the home features new paint and faux wood flooring, the invitation to 'add your own style' suggests that the kitchen and bathrooms likely require full modernizations to meet current luxury standards.
Built in 1965, the property may necessitate updates to older mechanical, electrical, or plumbing systems that are common in homes of this vintage to ensure long-term efficiency.
Spacious 1-story home on cul de sac in prime Calabasas neighborhood. This classic 4 bedroom 3 bath home features new paint and faux wood flooring throughout. Move in now at an affordable price and add your own style and touches! The gated entryway leads inside to a large living room with fireplace, as well as a family room, dining room, breakfast area, and kitchen with lots of storage space. The spacious master bedroom comes with a walk-in closet and a large bathroom with separate shower and soaking tub. Many of the rooms look out onto the expansive, private backyard, which is perfect for leisure or entertaining. Also features a newly landscaped front yard, 2-car garage, and central AC. Enjoy upscale Calabasas living near shopping, dining, and award-winning schools!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.2 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,611 | 3,125 |
| Lot Size | 12,961 | 11,864 |
| Price | $1.40M | $1.98M |
| Price per sq ft | $536 | $716 |
| Built year | 1965 | 1991 |
| HOA | $0 | $362 |
| Days on market | 26 | 56 |
Jun 26, 2026
$1,399,000
Initial Listing