$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
Listing Status Sold
Purchase Type For Sale
Subdivision Agoura (850)
MLS Listing ID OC21220163
Sold Date 06/29/22
HOA Y/N No
Lot Size 2.370 Acres
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 ½ 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 Agoa - Agoura
Zoning LCRR1Y
Interior
Fireplace No
Exterior
Community Features HorseTrails, Mountainous, Park
View Y/N Yes
View ParkGreenbelt, Mountains
Building
Lot Description Item25UnitsAcre, CornerLot, HorseProperty, LotOver40000Sqft, NearPark, Trees, ValueInLand
Water SeeRemarks
New Construction No
Others
Senior Community No
Tax ID 4462005025
Acceptable Financing Cash, CashtoNewLoan, Conventional, Contract, Submit
Horse Property Yes
Horse Feature RidingTrail
Listing Terms Cash, CashtoNewLoan, Conventional, Contract, Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Felix Fooks • Rodeo Realty