Views
Address
265 Westlake Boulevard Malibu, CA
Price
$ 2,700,000
Property Attributes
  • 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

Property vs Zip Code Average in 90265

Price
AVG $14.05M
$2.7M
Visits
AVG 93
55
Year Built
AVG 1988
2002

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