Malibu, CA 90265,1848 Newell Rd
$75,000
Est. payment /mo
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1.5 Acres Lot
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1848 Newell Rd Malibu, CA 90265

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25533585

Lot Size 1.501 Acres

Acres 1.5006

Property Description

The listed address of 1848 Newell is based on addresses of nearby developed properties. The County of Los Angeles has confimed the address. The LA County GIS system indicates that the average slope of the lot has a desending slope of 3 feet of vertical for every 1 foot of horizontal towards the north. The previous home on the property was built on stilts. The likely buyer is someone who wants to utilize the the Transfer Development Credit Program to increase the size of a home that exists or they want to build in the Malibu Bowl neighborhood in Corral Cyn. and it is priced accordingly. There are other homes nearby which indicates that this may be developed as a single family home. The owner was told by the county that he would be limited to about 900 Sq. feet of habitable space plus a garage. No plans, approvals, studies or reports exist. The current owners inherited the property over 25 years ago and have decided it is surplus to their needs.

Location

State CA

County Los Angeles

Area Malibu

Zoning LCR17500*

Exterior

Waterfront Description None

View Y/N Yes

View Green Belt, Hills, Canyon, Mountains

Building

Lot Description Horse Property Unimproved, Value In Land, Single Lot, No Landscaping, Raw Land, Lot Shape-Rectangular

Sewer Septic Tank

Water Water District

Schools

School District Santa Monica-Malibu Unified School District

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Pinnacle Estate Properties

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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1848 Newell Rd