415 Westlake Boulevard

Malibu, CA 90265 View Map $4,750,000 Schedule a Tour
Beds6
Baths7
Sq.Ft.7,406
Year2001
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Status: Active
Property Type:Single Family Residence
MLS #:SR20200563
Sq. Feet:7,406
On Site:45 Days
Lot Size:10.97 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 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 $21,000 Cap Rate of 5.30%, 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 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:$168,000
Cap Rate:6.22%. A new lease contract can also be arranged upon close of escrow.

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

Detailed Maps

Community Information

Address:415 Westlake Boulevard Malibu, CA 90265
City:Malibu
Zip Code:90265

Architecture

Bedrooms: 6
Bathrooms: 7
Year Built:2001
Stories:Two
Style:French
Construction: Concrete, Stucco, Wood Siding
Total Units: 1
Stories Total: 2
Roofing: Concrete, Tile
Foundation Details: Slab
Parking: Driveway, Concrete, Garage - Three Door, Garage Door Opener, Guest, Oversized, RV Access/Parking, Side by Side
Garage Spaces: 3

Features / Amenities

Total Sq. Ft.:7406
Eating Areas: Dining Room, In Kitchen
Floor Material: Carpet, Stone, Tile, Wood
Interior: Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Furnished, Granite Counters, Open Floorplan, Pantry, Phone System, Recessed Lighting, Storage, Sunken Living Room, Two Story Ceilings, Vacuum Central, Wired for Sound
Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open to Family Room
Rooms: Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Office, Retreat, Sauna, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry
Windows: Bay Window(s), Custom Covering, Drapes, French/Mullioned, Skylight(s)
Laundry: Individual Room, Inside, Propane Dryer Hookup
Common Walls: No Common Walls
Security Features: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
Spa: Private, Heated, In Ground, Solar Heated
Patio: Concrete, Covered, Deck, Lanai, Patio, Porch
Pool: Private, Filtered, Gunite, Heated, In Ground, Solar Heat
Parking Total: 3
Appliances: Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Propane Oven, Propane Range, Propane Cooktop, Propane Water Heater, Range Hood, Recirculated Exhaust Fan, Refrigerator, Warming Drawer, Water Heater
Fireplace(s): Living Room, Master Bedroom, Master Retreat, Two Way
Cooling Type: Central Air, Electric
Heating Type: Central, Forced Air, Propane

Property Features

Lot Size: 10.97 Acres / 477651 Sq. Ft.
Lot Features: Back Yard, Front Yard, Lawn, Irregular Lot, Yard
View: Hills, Mountain(s), Panoramic, Pool, Rocks, Trees/Woods
Lot Number: 1
Sewer: Conventional Septic
Water: Public, Well
Electric: 220 Volts in Garage, Standard
Fence: 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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415 Westlake Boulevard Malibu, CA 90265
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415 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 December 4, 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.
Property Summary:
Home for sale at .

Description: The home at 415 Westlake Boulevard Malibu, CA 90265 with the MLS Number SR20200563 is currently listed at $4,750,000 and has been on the Malibu market for 44 days.

GeoCoordinates:
-118.857495
34.108373

List Price: $4,750,000

You are viewing the MLS property details of the home for sale at 415 Westlake Boulevard Malibu, CA 90265, which includes 6 bedrooms, 7 bathrooms and has approximately 7406 sq.ft. of living area.