265 Westlake Boulevard,  Malibu  (90265)

$2,700,000

0 bedrooms 0   0 bathrooms 0   165528 square feet 165,528
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PROPERTY DETAILS

Address: view address
Malibu, CA 90265
Map Location
Features: Air Conditioning, Balcony, Multi-level
Square Feet:165,528 sq.ft.Lot Size:3.80 acres
Year Built:2002Styles:Traditional
Property Type:Single Family ResidenceCounty:Los Angeles
List Date:2020-10-07Listing Number:SR20199855

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#SR20198018) listed at $4,750,000 NOI: $240,000 Cap Rate of 5.05%. A new lease contract will be arranged before close of escrow.






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Interior

Air Conditioning:YesCable Television Available:Yes
Ceiling Fan(S):YesCentral Air:Yes
Central Heat:YesDishwasher:Yes
Freezer:YesGarbage Disposal:Yes
Laminate Flooring:YesMicrowave Oven:Yes
Oven:YesPropane Heat:Yes
Range:YesRefrigerator:Yes
Security System:YesSmoke Alarm:Yes
Tile Flooring:YesWalk-In Closet(S):Yes
Window Coverings:Yes

Exterior

Balcony:YesChain Fencing:Yes
Parking Spaces:10Slab Foundation:Yes
Stucco Exterior:YesStyle:Traditional
Tile Roof:Yes

Property and Lot Details

Has View:YesIrregular Lot:Yes
Lot Acres:4Lot Has Mountain View:Yes
Lot Near Mountains:YesLot Number:4,472,031,014
Lot On Municipal Road:YesLot Sqft:165,605
Lot Zoned:LCA11*Propane Gas:Yes
Public Water:YesSeptic System:Yes
Transaction Type:SaleWood Fencing:Yes
Year Built:2002

PHOTO GALLERY

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Listing courtesy of: Kevin Tehrani of American Dream Realty Group (CA DRE #00905115)