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- MLS#SR20200567
- TypeSingle Family
- CountyLOS ANGELES
- CityMalibu
- AreaMalibu
- Zip90265
- StyleTraditional
- Price$ 2,700,000
- Bedrooms5
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage5066
- Lot Size3.8 Acres
Listing Provided Courtesy Of:
Kevin Tehrani with American Dream Realty Group.
Data Source:
CRMLS
Property Description
This is A Once-in-a-Lifetime Investment Opportunity to acquire a single tenant 100% absolute triple net leased property in Malibu, one of the most significant & prestigious residential compounds in the United States. This exceptional and unique gated home with complete privacy and explosive unobstructed panoramic mountain views with Approx. 4 acres of land has endless possibilities with extra room to add a detached garage, a huge guest house, pool & spa, tennis court, basketball /sports court, playground and much more. Interior features bright and open floor plan, 5,066 sq. ft.,5 bedrooms,4 baths, constructed in 2002 with sensational high quality finishes throughout, spectacular resort-style outdoor sitting area with magnificent mountain views and so much more. This residential income opportunity features a NNN lease with monthly income of $15,000 Cap Rate of 6.66%. The tenant is an established Drug & Alcohol Rehab & Treatment Center which is holding a sub cense Abuse Drug & Alcohol license & certification approved by state of California and Federally holding JCAHO, Joint Commission on Accreditation of Healthcare Organizations. This property may be purchased individually or a portfolio sale, 415 Westlake Blvd (next door MLS#SR20200563) listed at $4,750,000 NOI: $240,000 Cap Rate of 5.05%. A new lease contract will be arranged before close of escrow.
Price History | |
---|---|
10/20/2020 | Listed $2,700,000 |
General Features
Appliances | Dishwasher, Freezer, Microwave, Propane Oven, Propane Range, Propane Water Heater, Refrigerator, Water Heater |
---|---|
Architectural Style | Traditional |
Community Features | Mountainous |
Construction Materials | Drywall, Concrete, Stucco |
Cooling | Central Air, Electric |
Electric | Standard, 220 Volts |
Exterior Features | Rain Gutters |
Flooring | Carpet, Tile, Wood |
Heating | Central, Propane |
High School District | Santa Monica-Malibu Unified |
Interior Features | Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Storage, Entrance Foyer, Walk-In Closet(s) |
Levels | Two |
MLS Area | C33 - Malibu |
Parking Features | Concrete, Driveway |
Patio/Porch Features | Concrete, Deck, Patio, Porch, Wood |
Pool Features | None |
Property SubType | Single Family Residence |
Property Type | Residential |
Roof | Tile |
Rooms | Kitchen, Living Room, Laundry, Kitchen, Foyer, Family Room |
Security Features | Security System, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s) |
Sewer | Septic Tank |
Spa Features | None |
Structure Type | House |
Terms | Cash, Cash to New Loan, Submit |
Total Units | 1 |
Utilities | Cable Connected, Electricity Connected, Propane, Phone Connected, Water Connected |
View | Canyon, Hills, Mountain(s), Rocks, Trees/Woods |
Virtual Tour | https://video214.com/play/xoiJJ9SjGlRRkHYPGm1Y3A/s/dark |
Virtual Tour | https://video214.com/play/xoiJJ9SjGlRRkHYPGm1Y3A/s/dark |
Zoning | LCA11* |
Interior Features
Air Conditioning Y/N | Yes |
---|---|
Common Walls | No Common Walls |
Fireplace Features | Propane |
Fireplace Y/N | Yes |
Full Baths | 4 |
Heating Y/N | Yes |
Laundry Features | Washer Hookup, Inside, Laundry Room, Propane Dryer Hookup |
Living Area | 5066 |
Main Level Bathrooms | 2 |
Main Level Bedrooms | 2 |
Total Baths | 4 |
Total Bedrooms | 5 |
Window Features | Blinds, Drapes |
Exterior Features
Fencing | Chain Link, Wood, Wrought Iron |
---|---|
Foundation Details | Slab |
Lot Features | Irregular Lot |
Lot Size Acres | 3.8 |
Lot Size Area | 165605 |
Lot Size Source | Assessor |
Lot Size Square Feet | 165605 |
Lot Size Units | Square Feet |
Road Frontage Type | City Street |
View Y/N | Yes |
Water Source | Public |
Room Details
Room | Dimensions | Level | Flooring | Details |
---|---|---|---|---|
Family Room | ||||
Foyer | ||||
Kitchen | ||||
Kitchen | ||||
Laundry | ||||
Living Room |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool