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 may be purchased individually or a portfolio sale, 265 Westlake Blvd (next do
MLS #
CNSR20200563
MLS Source
CRMLS
Days on Site
158
Bedrooms
Ground Floor Bedroom, Master Suite/Retreat - 2+
Kitchen
Exhaust Fan, Other, Pantry
Appliances
Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Other, Oven - Double, Oven Range, Oven Range - Built-In, Refrigerator, Warming Drawer
Dining Room
Formal Dining Room, In Kitchen
Family Room
Other
Fireplace
Living Room, Master Bedroom, Two-Way
Laundry
In Laundry Room, Other
Cooling
Ceiling Fan, Central Forced Air, Central Forced Air - Electric
Heating
Central Forced Air, Forced Air, Propane
Roof
Concrete, Tile
Foundation
Slab
Pool
Gunite, Heated, Heated - Solar, In Ground, Pool - Yes, Spa - Private
Style
French
Garage/Parking
Garage, Gate/Door Opener, Guest / Visitor Parking, Other, Room for Oversized Vehicle, RV Access, Side By Side, Garage: 3 Car(s)
Elementary District
Santa Monica-Malibu Unified
High School District
Santa Monica-Malibu Unified
Sewer
Septic Tank
Water
Well
HOA Fee
$0
Zoning
LCA11*
415 Westlake Bld is a Single Family Residence in Malibu, CA 90265. This 6,734 square foot property sits on a 10.965 Acres Lot and features 6 bedrooms & 7 full bathrooms. It is currently priced at $4,750,000 and was built in 2001.
This address can also be written as 415 Westlake Bld, Malibu, CA 90265.©2021 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.