
Calabasas, California 91302
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,500,000—positioned well below the $1,738,400 Fair Market Value by 13%. This valuation gap offers $238,400 in Instant Equity. Featuring a remodeled gourmet kitchen and a private pool and spa, the home maintains a Good Condition Rating. While the bankruptcy status requires court approval, the location within the Las Virgenes Unified School District ensures long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value in Calabasas.
Stunning 5-bed Calabasas home in Mulholland Heights. Remodeled kitchen, pool, and top-rated schools. Priced $238k below market value. Court approval required.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3525 Eddingham Avenue Subject | $1,500,000* List Price | 5 | 3 | 2,682 | $648 | - |
A 22649 Town Crier Road Sold | $1,700,000 | 4 | 3 | 2,414 | $704 | 0.8 mi |
B 3811 Algonaut Sold | $1,265,000 | 4 | 2 | 2,004 | $631 | 0.3 mi |
C 3935 Bon Homme Sold | $1,758,855 | 4 | 4 | 3,041 | $578 | 0.6 mi |
D 4086 Declaration Sold | $1,560,000 | 4 | 3 | 2,521 | $619 | 0.8 mi |
E 22815 Sparrowdell Active | $1,699,000 List Price | 5 | 4 | 2,810 | $605 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features a recently remodeled, high-end gourmet kitchen with premium Wolf appliances and modern finishes (<5y reno). However, the bathrooms and laundry areas remain significantly dated, reflecting the original 1972 construction or older renovations (>20y). While the home is well-maintained and move-in ready, the inconsistency between the modern kitchen and dated baths places it in the Good category.
Situated in the prestigious Mulholland Heights neighborhood and served by the top-rated Las Virgenes Unified School District, offering exceptional long-term value for families.
Features a high-end, fully remodeled kitchen with premium appliances and finishes, serving as a modern centerpiece for both daily living and entertaining.
The property includes a private backyard complete with a swimming pool and Jacuzzi, providing a luxurious space for relaxation and year-round Southern California outdoor living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1550, other record lot size in square feet = 15527. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1550, living area = 2682.
The property is involved in a Chapter 11 bankruptcy filing and requires court approval, which may result in a more complex and prolonged closing process.
Stunning Mulholland Heights Home in the Heart of Calabasas. Welcome to this beautifully appointed 5-bedroom, 3-bathroom residence nestled in one of Calabasas's most sought-after neighborhoods Mulholland Heights. Offering the perfect blend of comfort, space, and location, this home is an exceptional opportunity for families looking to plant roots in a premier community.The heart of the home is a fully remodeled gourmet kitchen, thoughtfully designed with high-end appliances, premium finishes, and the style and functionality that today's discerning buyer demands. Whether you're hosting dinner parties or enjoying a quiet family meal, this kitchen will not disappoint. The main level also features a private maid's quarters complete with its own full bathroom, ideal for extended family, guests, or live-in help. Upstairs, four bedrooms and two full bathrooms provide ample space for the whole family. Step outside to your own private backyard, where a sparkling swimming pool and relaxing Jacuzzi await. Perfect for entertaining, unwinding after a long day, or soaking up the beautiful Southern California sunshine year-round. Located within the highly acclaimed Las Virgenes Unified School District, residents enjoy access to top-rated schools, with Alice C. Stelle Middle School and Calabasas High School just minutes away making the morning school run effortless. Mulholland Heights is one of the most desirable enclaves in Calabasas, known for its tree-lined streets, pride of ownership, and close-knit community feel. Enjoy easy access to the 101 Freeway, The Commons at Calabasas, fine dining, shopping, and everything this prestigious city has to offer. This home is in bankruptcy and filed for chapter 11. Court approval is needed.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.7 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,682 | 3,125 |
| Lot Size | 15,500 | 11,864 |
| Price | $1.50M | $1.98M |
| Price per sq ft | $559 | $716 |
| Built year | 1972 | 1991 |
| HOA | $0 | $362 |
| Days on market | 41 | 56 |
Jun 11, 2026
$1,500,000
Initial Listing