265 Westlake Boulevard

Malibu, CA 90265 View Map $2,700,000 Schedule a Tour
Beds5
Baths4
Sq.Ft.5,066
Year2002

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(323) 678-9004
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Status: Active
Property Type:Single Family Residence
MLS #:SR20200567
Sq. Feet:5,066
On Site:41 Days
Lot Size:3.8 Acres
County:Los Angeles
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. This exceptional and unique gated home with complete privacy and explosive unobstructed panoramic mountain views with Approx. 4 acres of land has endless possibilities with extra room to add a detached garage, a huge guest house, pool & spa, tennis court, basketball /sports court, playground and much more. Interior features bright and open floor plan, 5,066 sq. ft. ,5 bedrooms,4 baths, constructed in 2002 with sensational high quality finishes throughout ,spectacular resort-style outdoor sitting area with magnificent mountain views and so much more.
This residential income opportunity features a NNN lease with monthly income of $14,000 Cap Rate of 6.22% and currently is in the fourth year of a ten-year lease term with a five-year option. The tenant is an established Drug & Alcohol Rehab & Treatment Center which is 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, 415 Westlake Blvd(next door, MLS# SR20200563) listed at $4,750,000 NOI: $252,000 Cap Rate: 5.30%. A new lease contract can also be arranged upon close of escrow.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:265 Westlake Boulevard Malibu, CA 90265
City:Malibu
Zip Code:90265

Architecture

Bedrooms: 5
Bathrooms: 4
Year Built:2002
Stories:Two
Style:Traditional
Construction: Concrete, Drywall Walls, Stucco
Total Units: 1
Roofing: Tile
Foundation Details: Slab
Parking: Driveway, Concrete

Features / Amenities

Total Sq. Ft.:5066
Eating Areas: Breakfast Nook, Dining Room
Floor Material: Carpet, Tile, Wood
Interior: Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting, Storage
Kitchen Features: Granite Counters, Kitchen Island
Rooms: Family Room, Foyer, Kitchen, Laundry, Living Room, Walk-In Closet
Windows: Blinds, Drapes
Laundry: Individual Room, Inside, Propane Dryer Hookup, Washer Hookup
Common Walls: No Common Walls
Security Features: Automatic Gate, Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Patio: Concrete, Deck, Patio, Porch, Wood
Appliances: Dishwasher, Freezer, Microwave, Propane Oven, Propane Range, Propane Water Heater, Refrigerator, Water Heater
Fireplace(s): Propane
Cooling Type: Central Air, Electric
Heating Type: Central, Propane

Property Features

Lot Size: 3.8 Acres / 165605 Sq. Ft.
Lot Features: Irregular Lot
View: Canyon, Hills, Mountain(s), Rocks, Trees/Woods
Lot Number: 1
Sewer: Conventional Septic
Water: Public
Electric: 220 Volts, Standard
Fence: Chain Link, Wood, Wrought Iron
Zoning:LCA11*
Directions:PCH to Kanan to W on Mulholland Hwy. to N on Westlake Blvd to property. Or 101 Fwy to S on Westlake Blvd to property on right.

Tax and Financial Info

Land Lease: No

Schools

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265 Westlake Boulevard Malibu, CA 90265
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265 Westlake Boulevard Malibu, CA 90265
 
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Listing provided courtesy of Kevin Tehrani, American Dream Realty Group.
Based on information from California Regional Multiple Listing Service, Inc. as of November 29, 2020. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.