$650,000
$699,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
2.37 Acres Lot
SOLD DATE : 06/29/2022
Key Details
Sold Price $650,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21220163
Sold Date 06/29/22
HOA Y/N No
Lot Size 2.370 Acres
Acres 2.3702
Property Description
2.37 prime acres of equestrian property in Malibou Lakeside. Build your dream home steps away from the trail-head of the 8000+ square acre Malibu Creek State Park that is in the heart of the Santa Monica Mountain Range (the "Yosemite" of Southern California). The property can also be used as the ultimate Airbnb. The unique zoning of R-R-1 allows the owner to build a bed and breakfast (essentially a SFR with rentable rooms) with up to 5 rentable rooms along with multiple other options without the hassle of obtaining a conditional use permit by right (see Los Angeles County R-R-1 Resort and Recreation zoning - buyer to verify). There is a water meter on site which will save you $13k+. Owner is currently having a new Geoflow septic system designed and the report with the design will be provided to the future buyer which will save you another $10K+. There is an easement for a small park (just over acre) at the north end of the property that the community is allowed to use as a park and an easement on the eastside for a bus stop for school children in the neighborhood.
2.37 prime acres of equestrian property in Malibou Lakeside. Build your dream home steps away from the trail-head of the 8000+ square acre Malibu Creek State Park that is in the heart of the Santa Monica Mountain Range (the "Yosemite" of Southern California). The property can also be used as the ultimate Airbnb. The unique zoning of R-R-1 allows the owner to build a bed and breakfast (essentially a SFR with rentable rooms) with up to 5 rentable rooms along with multiple other options without the hassle of obtaining a conditional use permit by right (see Los Angeles County R-R-1 Resort and Recreation zoning - buyer to verify). There is a water meter on site which will save you $13k+. Owner is currently having a new Geoflow septic system designed and the report with the design will be provided to the future buyer which will save you another $10K+. There is an easement for a small park (just over acre) at the north end of the property that the community is allowed to use as a park and an easement on the eastside for a bus stop for school children in the neighborhood.
Location
State CA
County Los Angeles
Area Agoura Hills (91301)
Exterior
Community Features Horse Trails
Complex Features Horse Trails
Building
Lot Description Corner Lot
Others
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
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Bought with NON LISTED AGENT • San Diego
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States