$275,000
Malibu, CA 90265
Los Angeles
County
Land
Property Type
Use these coordinates to locate the property (34.0477119, -118.7721332) Rare opportunity to create a Malibu retreat on a downslope ocean-view lot in an established neighborhood approximately 3 miles from PCH. The property is situated on a paved street with neighboring homes and previously had a Coastal Development Permit for a proposed 1,979 sq. ft. residence plus approximately 1,282 sq. ft. of decks and balconies. Supporting documentation on file includes a Water Department Will Serve letter, Fire Department approval, signed Health Department approval of the septic system, a Notice of Extension Request for the CDP, and a Notice of Intent to Issue CDP. The prior CDP has expired, and any future development will be subject to current regulations and agency approvals. Newer height restrictions may affect the allowable square footage and overall design of a future residence. Buyer to conduct independent due diligence regarding development potential, permits, approvals, and applicable restrictions.
$1,464/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.