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Mar Vista Ridge Dr - PRIME MALIBU LAND SITE

0.23 Acres of Residential Land Offered at $160,000 in Malibu, CA 90265

Investment Highlights

  • PRIME LAND SITE IN MALIBU FOR A GREAT PRICE!
  • SURROUNDED BY OTHER SINGLE FAMILY HOMES IN THE NEIGHBORHOOD
  • POTENTIAL OCEAN VIEWS
  • BUYER TO VERIFY BUT WE BELIEVE NO COASTAL COMMISSION APPROVALS NEEDED

Executive Summary

PRIME RESIDENTIAL LAND IN MALIBU!
Agents, your investors and builders will love this prime Malibu land lot that fronts on two streets, Mar Vista Ridge Drive and Latigo Canyon Drive. The almost 10,000 square foot lot allows a developer to build a large home with ocean views. The property is located within a very short drive of the beach and is surrounded by multi-million dollar estates. This is a steal of a deal as it was purchased back in 2014 for over $800k! Now priced at $160,000, this property is a great opportunity for a developer/investor to come in and build a nice spec home or a dream home for themselves. There are no entitlements at this time. Buyers to check on utilities provided to the lot. Buyers to perform their own due diligence and rely on their own investigations of the property and any future development. Don't wait as this lot will sell fast at this price!

Property Facts

Price $160,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.23 AC

1 Lot Available

Lot

Price $160,000
Price Per AC $700,390
Lot Size 0.23 AC

Street to Street lot that is gently downsloped

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4461-010-029
Land Assessment
$72,908
Improvements Assessment
$0
Total Assessment
$72,908

zoning

Zoning Code LCA11
LCA11
  • Listing ID: 24766123

  • Date on Market: 1/4/2022

  • Last Updated:

  • Address: Mar Vista Ridge Dr, Malibu, CA 90265

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