
Calabasas, California 91302
This Value-Add Residential Asset is a High-Potential Investment Opportunity listed at $1,395,000, with a Fair Market Value of $1,079,014. Situated on a 11,154 sqft Corner Lot in the Monte Nido community, the property has a Condition Rating of 5 and requires substantial renovation. It features High Available Lot Utilization, a Flat Patio, and Forested Greenbelt Views within the prestigious Las Virgenes School District. With vaulted ceilings and a functional single-story footprint, the property provides significant upside for modernization. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25614 Timpangos Drive Subject | $1,395,000* List Price | 3 | 2 | 1,892 | $570 | - |
A 828 Wonder View Drive Sold | $1,250,000 | 3 | 3 | 2,200 | $568 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975, the property is 49 years old and the listing explicitly states it is 'in need of updating.' The kitchen features original or very dated dark wood cabinets, tile countertops, and old appliances (electric coil stovetop, dated built-in oven/microwave). One bathroom is significantly outdated with 70s/80s style shower doors, wall paneling, and vanity. While one bathroom shows some minor cosmetic updates, the overall condition of major components, particularly the kitchen and primary bathroom, requires substantial renovation and rehabilitation to meet current standards, aligning with the 'Poor' category criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11154, living area = 1892.
Nestled in the desirable Monte Nido community, offering excellent freeway access (101 Fwy), proximity to Malibu and Calabasas, and served by an exceptional school district.
A prime corner lot with a wonderful wooded setting, providing privacy, ample outdoor space, and dedicated fenced areas for children and pets.
The residence is explicitly noted as 'in need of updating,' suggesting a substantial investment in renovations and modernizations will be necessary.
A large living room has been temporarily converted to a bedroom plus nursery, which may require buyers to reconfigure the space to suit their preferences.
Built in 1975, the property likely features original systems and finishes that may be nearing the end of their lifespan or are outdated, contributing to the need for extensive updating.
Corner lot - corner to corner. Wonderful wooded lot with single story warm home. Vaulted ceilings. Fenced areas for children's play, canine fun and safety, sliders off family room for inside/outside activities. Breakfast bar open to family room with fireplace. Formal entry. Former large living room has been temporarily converted to bedroom plus nursery. (4th). Office space is attached to the primary suite with high ceilings and direct access to another flat patio. Lots of parking and lawn area off the street. Residence is in need of updating. Monte Nido is an eclectic and close in community, adjacent to both Malibu and Calabasas/Agoura and 101 Fwy. Annual 4th of July festival is legendary. Exceptional school district. Bring your dreams and make it your own.
No exterior & parking available.
Grades K-5 • 5.5 mi
Grades 6-8 • 3.6 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 26% |
| Baths | 2.0 | 4.0 | 13% |
| Square foot | 1,892 | 2,828.5 | 16% |
| Lot Size | 11,154 | 12,245 | 43% |
| Price | $1.40M | $1.96M | 21% |
| Price per sq ft | $737 | $715 | 54% |
| Built year | 1975 | 1987 | 35% |
| HOA | $0 | $202 | 42% |
| Days on market | 92 | 196 | 21% |
Jan 20, 2026
$1,395,000
Initial Listing
May 29, 1996
$2,500
Public Record
May 28, 1996
$2,500
Public Record