26136 Veva Way, Calabasas, California 91302, Calabasas, 91302 - 3 bed, 2 bath
ACTIVE$999,000
26136 Veva Way, Calabasas, California 91302
3Beds
2Baths
1,850Sqft
7,937Lot
Price Vs. Estimate
The estimated value ($882,728.82) is $116,271.18 (11%) lower than the list price ($999,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 7937, living area = 1850.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Compared to the nearby listings
Price:$999.0K vs avg $1.98M ($-976,000)3%
Size:1,850 sqft vs avg 3,056 sqft9%
Price/sqft:$540 vs avg $69713%
More Insights
Built in 1964 (61 years old).
Condition: Built in 1964, this property is 60 years old and shows significant signs of age. The kitchen features very dated white tile countertops, old white appliances, and original-style cabinetry. The bathrooms also exhibit outdated white tile, vanities, and fixtures, including globe lighting. While the property has 'strong bones' as per the description, the interior finishes, particularly in the kitchen and bathrooms, require substantial rehabilitation and modernization to meet current standards. The flooring consists of worn carpet and dated tile, further indicating a need for extensive updates. This aligns with the 'poor' condition criteria, as it requires significant renovation beyond minor cosmetic changes.
Year Built
1964
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$540
HOA
-
Days on market
-
Sold On
-
MLS number
GD25272856
Home ConditionPoor
Features
Patio
View-
About this home
Nestled away in a highly desirable Calabasas pocket, this 3-bedroom, 2-bath home presents an outstanding opportunity to update and elevate a well-located residence. With strong bones and primarily cosmetic upgrades needed, the home offers the perfect foundation to create something truly special while building long-term value. The excellent floor plan features separate family and living rooms, offering an ideal balance of comfort, flexibility, and entertaining space. The property also features a spacious yard with ample room for a custom pool and outdoor lounging areas, creating the potential for a true indoor–outdoor lifestyle. Located within the coveted Las Virgenes School District, the home is perfectly positioned for long-term desirability and strong resale appeal. A compelling opportunity for both homeowners seeking to personalize their dream home and investors pursuing a high-upside cosmetic project in one of Calabasas’ most sought-after neighborhoods.
Nearby schools
7/10
Lupin Hill Elementary School
Public,•K-5•0.3mi
7/10
Arthur E. Wright Middle School
Public,•6-8•1.7mi
8/10
Calabasas High School
Public,•9-12•4.4mi
Price History
Date
Event
Price
05/02/17
Sold
$750,000
Condition Rating
Poor
Built in 1964, this property is 60 years old and shows significant signs of age. The kitchen features very dated white tile countertops, old white appliances, and original-style cabinetry. The bathrooms also exhibit outdated white tile, vanities, and fixtures, including globe lighting. While the property has 'strong bones' as per the description, the interior finishes, particularly in the kitchen and bathrooms, require substantial rehabilitation and modernization to meet current standards. The flooring consists of worn carpet and dated tile, further indicating a need for extensive updates. This aligns with the 'poor' condition criteria, as it requires significant renovation beyond minor cosmetic changes.
Pros & Cons
Pros
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 = 7937, living area = 1850.
Prime Calabasas Location: Nestled in a highly desirable Calabasas pocket, the property offers strong long-term desirability and resale appeal in a sought-after neighborhood.
Top-Rated School District: Located within the coveted Las Virgenes School District, with highly-rated elementary, middle, and high schools nearby, enhancing family appeal.
Significant Value-Add Potential: Presents an outstanding opportunity for homeowners to personalize and investors to pursue a high-upside cosmetic project, building long-term value.
Spacious Yard with Expansion Potential: Features a spacious yard with ample room for a custom pool and outdoor lounging areas, ideal for creating an indoor-outdoor lifestyle.
Functional Floor Plan: The excellent floor plan includes separate family and living rooms, providing a balanced and flexible space for comfort and entertaining.
Cons
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Requires Significant Renovation: The property is described as needing 'primarily cosmetic upgrades' and an 'opportunity to update and elevate,' indicating substantial immediate investment beyond the purchase price for modernization.
Older Infrastructure: Built in 1964, the home likely has original or older systems (electrical, plumbing, HVAC) that may require costly upgrades or replacement in the near future, beyond just cosmetic improvements.
Limited Move-in Readiness: For buyers seeking a turn-key home, the need for extensive updates and personalization means the property is not move-in ready and will require significant time and resources before full enjoyment.