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    415 Westlake Boulevard

    Malibu, CA 90265
    • $4,750,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: SR20200563
    UPDATED: 106 min ago
    $4,750,000
    • 6
      BEDS
    • 10.97
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 6,734
      SQFT
    • $705
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2001
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    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+GG 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 door MLS#SR20200567) listed at $2,700,000 NOI: $180,000 Cap Rate of 6.66%. A new lease contract will be arranged before close of escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T00:26:58.513. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.

    www.teamforss.com/homes/111175334
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    415 Westlake Boulevard Malibu, CA 90265

    • Price: $4,750,000
    • Status: Active
    • Updated: 106 min ago
    • ID#: SR20200563
    6
    Beds
    7
    Baths
    0
    ½ Baths
    10.97
    Acres
    6,734
    SQFT
    $705
    $/SQFT
    2001
    Built
    Neighborhood:
    C33 - Malibu
    County:
    Los Angeles
    Area:
    C33 - Malibu
    School District:
    Santa Monica-Malibu Unified
    Property Description
    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+GG 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 door MLS#SR20200567) listed at $2,700,000 NOI: $180,000 Cap Rate of 6.66%. A new lease contract will be arranged before close of escrow.
    Exterior Features

    Architectural Style French Attached Garage YN Yes Construction Materials ConcreteStuccoWood Siding Exterior Features Awning(S)Barbecue PrivateRain GuttersSatellite Dish Fence YN Yes Fencing Wrought Iron Foundation Details Slab Garage Spaces 3.00 Lot Features Back YardFront YardLawnIrregular LotYard Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayConcreteGarage - Three DoorGarage Door OpenerGuestOversizedRv Access/ParkingSide By Side Parking Total 3.00 Parking YN Yes Patio And Porch Features ConcreteCoveredDeckLanaiPatioPorch Patio YN Yes Pool Features PrivateFilteredGuniteHeatedIn GroundSolar Heat Pool Private YN Yes Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof ConcreteTile Spa Features PrivateHeatedIn GroundSolar Heated Spa YN Yes Structure Type House View HillsMountain(S)PanoramicPoolRocksTrees/Woods View YN Yes

    Interior Features

    Appliances Built-In RangeDishwasherDouble OvenFreezerDisposalMicrowavePropane OvenPropane RangePropane CooktopPropane Water HeaterRange HoodRecirculated Exhaust FanRefrigeratorWarming DrawerWater Heater Appliances YN Yes Bathrooms Full 7 Common Walls No Common Walls Cooling Central AirElectric Cooling YN Yes Door Features Double Door EntryFrench Doors Eating Area Dining RoomIn Kitchen Fireplace Features Living RoomMaster BedroomMaster RetreatTwo Way Fireplace YN Yes Flooring CarpetStoneTileWood Heating CentralForced AirPropane Heating YN Yes Interior Features BalconyBuilt-In FeaturesCathedral Ceiling(S)Ceiling Fan(S)Coffered Ceiling(S)Crown MoldingFurnishedGranite CountersOpen FloorplanPantryPhone SystemRecessed LightingStorageSunken Living RoomTwo Story CeilingsVacuum CentralWired For Sound Kitchen Features Granite CountersKitchen IslandKitchen Open To Family Room Laundry Features Individual RoomInsidePropane Dryer Hookup Levels Two Main Level Bathrooms 3 Main Level Bedrooms 1 Room Type EntryFamily RoomFormal EntryFoyerGreat RoomGuest/Maid's QuartersLiving RoomMain Floor Master BedroomOfficeRetreatSaunaTwo MastersUtility RoomWalk-In ClosetWalk-In Pantry Window Features Bay Window(S)Custom CoveringDrapesFrench/MullionedSkylight(S)

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Mountainous Country Us Electric 220 Volts in GarageStandard Elevation Units Feet Land Lease YN No Laundry YN Yes Lease Considered YN No Living Area Units Square Feet New Construction YN No Property Sub Type Single Family Residence Security Features Carbon Monoxide Detector(S)Closed Circuit Camera(S)Fire And Smoke Detection SystemSecurity SystemSmoke Detector(S) Senior Community YN No Sewer Conventional Septic Special Listing Conditions Standard Utilities Cable ConnectedElectricity ConnectedPhone ConnectedPropaneUnderground UtilitiesWater Connected Water Source PublicWell Year Built Source Assessor Zoning Lca11*

    Listing provided courtesy of Kevin Tehrani of American Dream Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T00:26:58.513. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.

     
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