
Calabasas, California 91302
Analysis of 24745 Mulholland, Calabasas, California 91302 is currently available with a list price of $1,295,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Calabasas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property was built in 1963 (60+ years old) and appears to be in mostly original or older condition. While functional and currently occupied, the interior shows dated flooring and finishes, and the exterior wood structures show signs of weathering. It meets the 'Fair' criteria as it is >20 years old and requires cosmetic updates and likely system inspections due to its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 45798, living area = 2270.
The property features over an acre of land with nearly half an acre of rare flat grounds, providing significant potential for a pool, ADU, or extensive outdoor entertaining spaces.
A large freestanding garage offers a unique secondary structure ideal for car enthusiasts, a professional workshop, or a creative studio, adding substantial functional value.
Built in 1963, the home likely requires significant modernization and updates to its systems and finishes to meet the expectations of contemporary luxury buyers in Calabasas.
The current list price of $1.295M is notably lower than the 2022 sale price of $1.5M, suggesting potential deferred maintenance or a downward adjustment in the property's specific market valuation.
Nestled in the serene, woodsy hills of Calabasas, this exceptional single-family estate offers a rare blend of privacy, natural beauty, and functional space. Set on over an acre of land, the property features a unique combination of gently rolling terrain and nearly half an acre of usable flat grounds—perfect for entertaining, recreation, or future expansion. A charming private bridge welcomes you into this tranquil retreat, creating a storybook entrance framed by mature trees and lush surroundings. The home itself is enveloped in nature, offering a peaceful escape while still being just minutes from the best of Calabasas. One of the standout features is the expansive, freestanding garage—ideal for car enthusiasts, a workshop, studio, or additional storage. The generous lot size provides endless possibilities, from adding a pool or guest house to creating your own outdoor sanctuary. This is a rare opportunity to own a distinctive property that combines rustic charm with versatility and space in one of Southern California’s most sought-after communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 4.0 |
| Square foot | 2,270 | 3,125 |
| Lot Size | 45,798 | 11,864 |
| Price | $1.29M | $1.98M |
| Price per sq ft | $570 | $716 |
| Built year | 1963 | 1991 |
| HOA | $0 | $362 |
| Days on market | 30 | 56 |
Jun 22, 2026
$1,295,000
Initial Listing
Apr 14, 2022
$1,500,000
Public Record
Oct 18, 2013
$745,000
Public Record