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Calabasas Townhouses

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An auction offering 23 new contemporary townhouses in Calabasas will be conducted at 3 p.m. Nov. 25 at the Warner Center Hilton in Woodland Hills.

Minimum bids have been set at $150,000, reflecting major discounts for homes previously priced from $250,000 to $349,000.

The tree-level units are situated in a rural, hilly setting at 5340 Las Virgenes Road in Calabasas. Floor plans include two to four bedrooms and 2 1/2 baths, two-car garages, private balconies and fireplaces.

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Financing has been arranged by the seller and is available to qualified buyers. Additional information on terms of sale and details on the properties may be obtained at the site or from auctioneer Kennedy-Wilson Inc., (800) 933-0305.

Malibu Home Sites

An auction of 41 home sites in Malibu is planned Nov. 25 at 2 p.m. in the Marriott Hotel, Woodland Hills.

There will be no minimum bid for the sites in a development known as Malibu Highlands, according to Nationwide Auction Co. More details are available from Ray Lamb, Lamb Realty, 947 Thousand Oaks Blvd., Thousand Oaks.

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