24753 Mulholland Highway, Calabasas, California 91302, Calabasas, 91302 - 4 bed, 4 bath
24753 Mulholland Highway
Calabasas, California 91302
Property Price
SUMMARY
Analysis of 24753 Mulholland Highway, Calabasas, California 91302 reveals a Prime Investment Opportunity with a current list price of $2,995,000—significantly undercutting the $3,238,357 Fair Market Value by 8%. This valuation gap indicates a +$243,357 Instant Equity potential for buyers. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24753 Mulholland Highway Subject | $2,995,000* List Price | 4 | 4 | 4,306 | $752 | - |
A 2266 Cold Canyon Road Active | $2,995,000 List Price | 4 | 4 | 3,604 | $831 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this property shows signs of being well-maintained but has interiors that are largely dated. The kitchen features light wood cabinets and speckled granite countertops, suggesting a renovation approximately 15-25 years ago, which is no longer current for a luxury estate. While one bathroom appears more recently updated with a freestanding tub and subway tile shower, other areas like the fireplace with green tile and a basic pedestal sink in a half bath indicate a mix of older and moderately updated components. The property is functional and clean, but significant aesthetic updates would be required to align with contemporary luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 97241, living area = 4306.
- Expansive Lot & Privacy
Set on over 2 acres (97,241 sqft) of lush, landscaped grounds, the property offers exceptional privacy, space, and potential for further customization.
- Prestigious Calabasas Location
Located in Calabasas, a highly desirable and affluent area known for its luxury estates and exclusive community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =97241, other record lot size in square feet = 97026. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4306, other record living area = 3546.
- Age of Construction
Built in 1964, the property may have original systems or architectural styles that could require significant updates to meet contemporary luxury standards, despite being 'beautifully maintained'.
- High Price Point
The nearly $3 million list price targets a very specific, limited buyer demographic, which could potentially extend the property's market time.
About 24753 Mulholland Highway
Stunning Calabasas Estate on over 2 Acres in Calabasas, this beautifully maintained estate offers the perfect blend of luxury, privacy, and space. Set on over 2 acres of lush, landscaped grounds with a dog run for the dog lovers the property features 4 spacious bedrooms and 4 elegant bathrooms, ideal for both comfortable living and stylish entertaining.Step outside to a serene oasis with a sparkling pool, surrounded by mature trees and manicured gardens that create a truly tranquil setting. Whether you're hosting gatherings or enjoying quiet mornings, the outdoor space offers endless possibilities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 97,241 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,306 | 3,056 | 72% |
| Lot Size | 97,241 | 12,218.5 | 91% |
| Price | $3.00M | $1.98M | 71% |
| Price per sq ft | $696 | $699 | 50% |
| Built year | 1964 | 1987 | 12% |
| HOA | $0 | $178 | 44% |
| Days on market | 101 | 187 | 17% |
Pricing History
Listed for Sale
Nov 25, 2025
$2,995,000
Initial Listing
Sold
Feb 28, 2005
$1,375,000
Public Record
Sold
Mar 14, 1996
$582,500
Public Record