
Topanga, California 90290
This property represents a High-Potential Investment Opportunity, listed at $1,650,000—positioned above the $1,489,758 Fair Market Value. While priced at a premium, the asset offers significant upside through its 24,004 sqft lot and two guest houses, providing immediate rental income. With a Condition Rating of 4, the home is functional but ready for modernization. The combination of Canyon Views and flexible zoning makes this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating compound in Topanga.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 N Topanga Canyon Boulevard Subject | $1,650,000* List Price | 2 | 2 | 1,136 | $1,311 | - |
A 21042 Entrada Road Active Under Contract | $1,649,000 List Price | 3 | 1 | 1,296 | $1,272 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1946, the property is well-maintained and functional for its current use as a rental/Airbnb. However, the interior photos reveal dated finishes, including honey oak cabinetry and older tile flooring that appear to be over 20 years old. While the listing describes the home as turnkey, the age of the structures and the visible systems suggest the property is due for modernization and minor cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24004, living area = 1136.
The property includes two separate guest houses, one of which is an active Airbnb with consistent year-round occupancy, providing immediate cash flow and investment value.
Situated on an oversized 24,004 sqft lot, the property offers rare privacy and significant room for future expansion or potential commercial use in a prime canyon location.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The buyer must independently verify all commercial licensing, zoning, and permits, as the seller's representation of limited commercial use requires rigorous due diligence.
Built in 1946, the main residence offers only 1,136 square feet of living space, which may be considered small for the price point without further development.
An exceptional opportunity to own a sprawling, oversized lot in the heart of Topanga Canyon. Set on expansive grounds surrounded by mature trees and natural beauty, this rare property offers outstanding privacy, flexibility, and room to create your vision. The generous lot size is complemented by a beautifully maintained, turnkey residence that is ready for immediate enjoyment, while also providing ample opportunity for future development. The property also includes two separate guest houses, enhancing both usability and income potential. Ideally located just minutes from Topanga Village, Malibu beaches, hiking trails, and the Westside, this unique property combines the serenity of canyon living with exceptional accessibility. Featuring one Airbnb unit operating on a short-term rental basis with consistent year-round occupancy and immediate cash flow. One additional unit is tenant-occupied under a short-term lease, which shall be assumed by the buyer and continue through close of escrow. Property may offer limited commercial use potential. Seller represents that limited commercial licensing exists. Buyer to independently verify all permitted commercial uses, licenses, zoning, and approvals with Los Angeles County.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,136 | 1,550 |
| Lot Size | 24,004 | 21,429 |
| Price | $1.65M | $1.52M |
| Price per sq ft | $1.5K | $723 |
| Built year | 1946 | 1946 |
| HOA | $0 | $0 |
| Days on market | 23 | 84 |
Jun 29, 2026
$1,650,000
Initial Listing
Oct 26, 2005
$725,000
Public Record