
Calabasas, California 91302
This property presents a High-Potential Investment Opportunity with a List Price of $475,000—positioned well below the $548,061 Fair Market Value by 13%. This valuation gap offers $73,061 in Instant Equity. Featuring a Condition Rating of 3, this updated top-floor condo offers a tranquil creek view and access to community amenities. Located in a district with Top-Rated Schools like Calabasas High, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value in a premium area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23637 Park Capri Subject | $475,000* List Price | 2 | 2 | 1,054 | $520 | - |
A 4720 Park Granada 212 Sold | $585,000 | 2 | 2 | 1,006 | $582 | 0.0 mi |
B 23635 Park Capri 32 Sold | $549,000 | 2 | 2 | 1,054 | $521 | 0.0 mi |
C 4734 Park Granada 238 Active | $529,000 List Price | 2 | 2 | 1,054 | $502 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1972, the property is listed as updated and interior photos show modern laminate flooring and fresh paint. It appears well-maintained and move-in ready, consistent with a renovation within the 5-15 year range.
Located in the highly desirable Calabasas area, the property is zoned for top-rated schools including Calabasas High School (Rating: 8), providing excellent long-term value and appeal for families.
As a top-floor unit, this condo offers enhanced privacy with no neighbors above and features a tranquil creek/stream view from the private patio, creating a peaceful living environment.
Listed at $475,000, the property is priced well below its 2021 sale price of $618,000, offering substantial upside potential for investors or buyers willing to navigate the probate process.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =526640, other record lot size in square feet = 526809.
The sale is subject to probate auction requirements, which often involve a more complex, court-mandated bidding process and less flexibility than a traditional residential sale.
The monthly HOA fee of $652.39 is relatively high for a two-bedroom unit, which increases the total monthly carrying cost and may impact buyer affordability.
PROBATE AUCTION!!! SET WITHIN PARKLIKE GROUNDS IN THE HIGHLY SOUGHT AFTER AREA OF CALABASAS IS AN OPPORTUNITY TO PURCHASE AN UPDATED 2 BEDROOM, 2 BATHROOM, TOP FLOOR CONDO IN THE OAK PARK H.O.A.. ENJOY SWIMMING IN THE COMMUNITY POOL OR RELAXING ON YOUR PRIVATE PATIO, WHICH FLOWS OUT FROM THE LIVING ROOM. THIS UNIT OFFERS A TRANQUIL LIVING OPPORTUNITY. WELCOME HOME!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,054 | 1,443.5 |
| Lot Size | 526,640.375 | 203,039 |
| Price | $475.0K | $887.9K |
| Price per sq ft | $451 | $651 |
| Built year | 1972 | 1989 |
| HOA | $652.39 | $524 |
| Days on market | 20 | 71 |
Jul 2, 2026
$475,000
Initial Listing
Mar 3, 2021
$618,000
Public Record
Dec 27, 2012
$261,000
Public Record
Dec 17, 2002
$227,500
Public Record
Jul 7, 1995
$125,000
Public Record