265 Westlake Boulevard,  Malibu  (90265)

$2,700,000

5 bedrooms 5   4 bathrooms 4   5066 square feet 5,066
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PROPERTY DETAILS

Address: view address
Malibu, CA 90265
Map Location
Features: Air Conditioning, Balcony, Multi-level
Bedrooms:5Bathrooms:4 (full: 4)
Square Feet:5,066 sq.ft.Lot Size:3.80 acres
Year Built:2002Styles:Traditional
Property Type:Single Family ResidenceCounty:Los Angeles
List Date:2020-10-08Listing Number:SR20200567
Virtual Tour:Click Here

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.






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Interior

Air Conditioning:YesCable Television Available:Yes
Carpet:YesCeiling Fan(S):Yes
Central Air:YesCentral Heat:Yes
Dishwasher:YesFreezer:Yes
Microwave Oven:YesOven:Yes
Propane Heat:YesRange:Yes
Refrigerator:YesSecurity System:Yes
Smoke Alarm:YesTile Flooring:Yes
Walk-In Closet(S):YesWindow Coverings:Yes

Exterior

Balcony:YesChain Fencing:Yes
Deck:YesLiving Square Feet:5,066
Patio:YesPorch:Yes
Slab Foundation:YesStucco Exterior:Yes
Style:TraditionalTile Roof:Yes

Property and Lot Details

Has View:YesHigh School:Santa Monica-Malibu Unified
Irregular Lot:YesLot Acres:4
Lot Has Mountain View:YesLot Near Mountains:Yes
Lot Number:4,472,031,014Lot On Municipal Road:Yes
Lot Sqft:165,605Lot Zoned:LCA11*
Propane Gas:YesPublic Water:Yes
Septic System:YesTransaction Type:Sale
Wood Fencing:YesYear Built:2002

PHOTO GALLERY

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