For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $650,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
Subdivision Agoura (850)
MLS Listing ID OC21220163
Sold Date 06/29/22
Property Sub-Type Lots/Land
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.
Location
State CA
County Los Angeles
Community Horse Trails
Direction Cornell Way to Crags
Interior
Fireplace No
Exterior
View Y/N No
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with NON LISTED AGENT San Diego
