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: | 2001 | Styles: | French |
Property Type: | Single Family Residence | County: | Los Angeles |
List Date: | 2020-10-07 | Listing Number: | SR20198018 |
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.
Air Conditioning: | Yes | Cable Television Available: | Yes |
Carpet: | Yes | Cathedral Ceilings: | Yes |
Ceiling Fan(S): | Yes | Central Air: | Yes |
Central Heat: | Yes | Central Vacuum: | Yes |
Dishwasher: | Yes | Double Oven: | Yes |
Fireplace In Living Room: | Yes | Fireplace In Master Bedroom: | Yes |
Forced Air: | Yes | Freezer: | Yes |
French Doors: | Yes | Garbage Disposal: | Yes |
Microwave Oven: | Yes | Oven: | Yes |
Propane Heat: | Yes | Range: | Yes |
Refrigerator: | Yes | Security System: | Yes |
Skylight: | Yes | Smoke Alarm: | Yes |
Sound System: | Yes | Spa: | Yes |
Tile Flooring: | Yes | Window Coverings: | Yes |
Automatic Garage Door Opener: | Yes | Balcony: | Yes |
Barbecue: | Yes | Bay Windows: | Yes |
Garage Size: | 3 | Inground Pool: | Yes |
Parking Spaces: | 3 | Pool: | Yes |
Satellite Dish: | Yes | Slab Foundation: | Yes |
Stone Exterior: | Yes | Stucco Exterior: | Yes |
Style: | French | Tile Roof: | Yes |
Wood Exterior: | Yes |
Has View: | Yes | Irregular Lot: | Yes |
Lot Acres: | 11 | Lot Has Mountain View: | Yes |
Lot Near Mountains: | Yes | Lot Number: | 4,472,002,028 |
Lot On Municipal Road: | Yes | Lot Sqft: | 477,651 |
Lot Zoned: | LCA11* | Propane Gas: | Yes |
Public Water: | Yes | Septic System: | Yes |
Transaction Type: | Sale | Underground Utilities: | Yes |
Well Water: | Yes | Year Built: | 2001 |