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
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of April 18, 2021 5:35 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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