415 Westlake Boulevard,  Malibu  (90265)

$4,750,000

0 bedrooms 0   0 bathrooms 0   477853 square feet 477,853
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PROPERTY DETAILS

Address: view address
Malibu, CA 90265
Map Location
Features: Air Conditioning, Balcony, Forced Air, Garage, Multi-level, Pool
Square Feet:477,853 sq.ft.Lot Size:10.97 acres
Year Built:2001Styles:French
Property Type:Single Family ResidenceCounty:Los Angeles
List Date:2020-10-07Listing Number:SR20198018

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 with a gated estate & the utmost privacy of exquisitely landscaped gardens overlooking unobstructed views of the Boney Ridge, Sandstone 3,111 peak, Hidden valley & the Topatopa span across five mountain ridges. This resplendent property perched on Approx. 11 acres of land outfitted with front portico entry leads into the great room grand foyer w/soaring 24' ceilings,7400 sq. ft. open floor plan, interiors with custom designer touches throughout, formal living room, hearth & French doors opening to nature overlooks the Malibu mountains, huge gourmet kitchen, expansive master suite and so much more. This residential income opportunity features a NNN lease with monthly income of $20,000 Cap Rate of 5.05%. The tenant is an established Drug & Alcohol Rehab &Treatment Center 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 can be purchased individually or a portfolio sale, 265 Westlake Blvd (next door MLS#SR20199855) listed at $2,700,000 NOI: $180,000 Cap Rate of 6.66%. A new lease contract will be arranged before close of escrow.






Contact Agent

Interior

Air Conditioning:YesCable Television Available:Yes
Carpet:YesCathedral Ceilings:Yes
Ceiling Fan(S):YesCentral Air:Yes
Central Heat:YesCentral Vacuum:Yes
Dishwasher:YesDouble Oven:Yes
Fireplace In Living Room:YesFireplace In Master Bedroom:Yes
Forced Air:YesFreezer:Yes
French Doors:YesGarbage Disposal:Yes
Microwave Oven:YesOven:Yes
Propane Heat:YesRange:Yes
Refrigerator:YesSecurity System:Yes
Skylight:YesSmoke Alarm:Yes
Sound System:YesSpa:Yes
Tile Flooring:YesWindow Coverings:Yes

Exterior

Automatic Garage Door Opener:YesBalcony:Yes
Barbecue:YesBay Windows:Yes
Garage Size:3Inground Pool:Yes
Parking Spaces:3Pool:Yes
Satellite Dish:YesSlab Foundation:Yes
Stone Exterior:YesStucco Exterior:Yes
Style:FrenchTile Roof:Yes
Wood Exterior:Yes

Property and Lot Details

Has View:YesIrregular Lot:Yes
Lot Acres:11Lot Has Mountain View:Yes
Lot Near Mountains:YesLot Number:4,472,002,028
Lot On Municipal Road:YesLot Sqft:477,651
Lot Zoned:LCA11*Propane Gas:Yes
Public Water:YesSeptic System:Yes
Transaction Type:SaleUnderground Utilities:Yes
Well Water:YesYear Built:2001

PHOTO GALLERY

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