In Real Estate is pleased to offer for sale, 23500 Park Sorrento, an architecturally pleasing mixed-use building with a retail and residential tenant mix. Park Sorrento consists of 4 retail spaces and 8 residential units. The building is at the entrance of the Calabasas Avanti luxury apartment community. With subterranean parking composed of 86 parking spaces and +/- 6 street parking spaces, retail tenant use carries a wide range of possibilities. 23500 Park Sorrento totals an approximate RBA of 14,886 soft and a total lot size of 20,473 sqft. A high and consistent rent-producing building, it can be a stable asset to add to your portfolio. The property features a 3 unique ground floor retail concepts, driving significant traffic to the area: Pressed Juicery, Orange Twist, and Be Kind Studio. The residential units are in a high-demand rental market against a luxury apartment community adjacent to HWY 101 between Los Angeles and Ventura County. Priced to sell, 23500 Park Sorrento is positioned at a 5.09% cap rate while situated in a dense high income demographic. Architecturally, this property is a flagship for the area and adds to the retail character unique to and expected from Calabasas. View brochure for full rent roll, P&L's, pro-forma, and tenant details. Must register through LoopNet first.