NOT LISTED FOR SALE

1720 Lechusa Rd Malibu, CA 90265

Santa Monica Mountains Neighborhood

Estimated Value: $2,136,000 - $3,509,000

0.99 Acre
$2,833,669 Price per Acre
43,151 Sq Ft Lot

Last Sold July 01, 2024

Last sale price $800,000 $242 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $15,616/month

139 Days on Market

Highlights

  • View of Trees or Woods
  • Private Yard
  • Foothills
  • Malibu Elementary School Rated A
  • No HOA
  • Bike Trail

About This Lot

As of July 2024

Nestled in the tranquil beauty of Malibu, discover the remarkable 1720 Lechusa Rd. This expansive property spans across picturesque Malibu Canyon hills and offers breathtaking views of the serene surroundings. Spanning ample space, this land is an ideal canvas for crafting your dream estate and offers a number of lucrative business opportunities. With essential amenities already in place, including utilities such as water, gas, septic tank, and power lines, the groundwork is set for your vision to come to life. Plans for the previous house are available as well to help streamline your permit timeline! Notably, the property boasts solar panels, offering eco-friendly energy solutions. Additionally, the land features a fully operational pool and jacuzzi, providing the perfect setting for relaxation amid nature's tranquility. Embrace the possibilities with a chance for creativity and innovation. A newly built structure, complete with essential facilities such as a washer, dryer, toilet, shower, sink, cabinet, and mirror, complements the vacant expanse, providing convenience and comfort. The property's location provides convenient access from both Encinal and Decker Canyons, ensuring ease of commute and connectivity. Only minutes away from stunning El Matador Beach, local shopping centers, grocery stores, and the allure of Mulholland HWY just over a mile away! With a generously long driveway, the property also offers room for potential amenities such as an ADU or even a treehouse Airbnb! Intercom/code for automatic gate function is also ready to use! We invite you to explore the boundless opportunities to create your very own Malibu sanctuary while exploring the potential of this remarkable canvas.

Last Agent to Sell the Property

Aleksandra Stojkovic

Real Brokerage Technologies, Inc. Brokerage Phone: 310-310-4204 License #02133798 Listed on: 01/10/2024

Last Buyer's Agent

Chadney Keenan

Coldwell Banker Realty License #02162949

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,868

Lot Details

  • 0.99 Acre Lot
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LCA11*

Property Views

  • Woods
  • Canyon
  • Mountain

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 4472010032

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Recreation

  • Bike Trail
  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$3,868

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LCA11*
  • Property Type: Land
  • Parcel Number: 4472010032
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 18.54

Exterior Features

  • View: Canyon, Mountain(s), Trees/Woods

Utilities

  • Electric: Electricity - On Property
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Gutters, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 43151.00
  • Lot Size Acres: 0.9906

Multi Family

  • Lot Size Area: 43151.0000 Square Feet

Tax Info

  • Tax Census Tract: 8004.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2024
Closed on
Jun 24, 2024
Sold by
Damon Bivens Living Trust and Bivens Damon
Bought by
1720 Lechusa Llc
Seller's Agent
Aleksandra Stojkovic
Real Brokerage Technologies, Inc.
Buyer's Agent
Chadney Keenan
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$800,000
Premium/Discount to List
-$700,000
-46.67%
Views
46
Current Estimated Value
$2,807,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,007,033
Avg. Annual Appreciation
197.89%

Purchase Details

Closed on
Nov 17, 2014
Sold by
Bivens Damon
Bought by
Bivens Damon and Damon Bivens Living Trust

Purchase Details

Closed on
Nov 26, 2002
Sold by
Bivens Damon and Morgan Robyn L
Bought by
Bivens Damon and The Damon Bivens Separate Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2001
Sold by
Bivens Damon and Damon Bivens Separate Property
Bought by
Bivens Damon and Morgan Robyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.1%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Bivens Damon
Bought by
Bivens Damon and Damon Bivens Separate Property

Purchase Details

Closed on
Jun 9, 1997
Sold by
Texas Commerce Bank Na
Bought by
Ge Capital Mtg Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
2.95%

Purchase Details

Closed on
May 13, 1997
Sold by
Ge Capital Mtg Services Inc
Bought by
Bivens Damon and Morgan Robyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
2.95%

Purchase Details

Closed on
Mar 20, 1997
Sold by
Dirnberger John and Texas Commerce Bank Na
Bought by
Texas Commerce Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
2.95%

Purchase Details

Closed on
Sep 26, 1996
Sold by
Dirnberger John and Dirnberger Maria E
Bought by
Texas Commerce Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1720 Lechusa Llc $800,000 Lawyers Title
Bivens Damon -- Lawyers Title
Bivens Damon -- None Available
Bivens Damon -- None Available
Bivens Damon -- --
Bivens Damon -- Chicago Title Co
Bivens Damon -- --
Ge Capital Mtg Services Inc -- Stewart Title
Bivens Damon $415,000 Stewart Title
Texas Commerce Bank Na $575,000 First Southwestern Title
Texas Commerce Bank Na $430,852 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1720 Lechusa Llc $3,162,525
Previous Owner Bivens Damon $261,500
Previous Owner Bivens Damon $100,000
Previous Owner Bivens Damon $300,700
Previous Owner Bivens Damon $265,000
Previous Owner Bivens Damon $207,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $800,000 -30.4% $242 / Sq Ft
04/19/2024 04/19/24 Price Changed $1,150,000 -23.3% $347 / Sq Ft
01/10/2024 01/10/24 For Sale $1,500,000 0.0% $453 / Sq Ft
05/30/2017 05/30/17 Rented $16,000 -8.6% --
05/02/2017 05/02/17 Price Changed $17,500 +79.5% $4 / Sq Ft
03/13/2017 03/13/17 For Rent $9,750 -30.4% --
07/01/2014 07/01/14 Rented $14,000 +75.0% --
07/01/2014 07/01/14 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $8,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,868 $800,000 $799,000 $1,000
2024 $3,868 $263,562 $263,451 $111
2023 $3,682 $258,395 $258,286 $109
2022 $3,691 $253,329 $253,222 $107
2021 $3,538 $248,362 $248,257 $105
2019 $3,462 $240,997 $240,895 $102
2018 $7,438 $594,020 $236,172 $357,848
2016 $7,124 $570,955 $227,002 $343,953
2015 $7,028 $562,380 $223,593 $338,787
2014 $6,957 $551,365 $219,214 $332,151
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Aleksandra Stojkovic

    Real Brokerage Technologies, Inc.

    Section Image

  • C

    Buyer's Agent in 2024

    Chadney Keenan

    Coldwell Banker Realty

    (818) 222-0577

    1 in this area

    22 Total Sales

    Chadney Keenan
    Section Image
  • John Cosentino

    Seller's Agent in 2017

    John Cosentino

    Sotheby's International Realty

    (310) 365-2001

    1 in this area

    16 Total Sales

    John Cosentino
    Section Image
  • Matthew Ogden

    Seller Co-Listing Agent in 2017

    Matthew Ogden

    Compass

    (310) 990-2079

    4 Total Sales

    Matthew Ogden
    Section Image
  • Gina Longo

    Buyer's Agent in 2017

    Gina Longo

    Coldwell Banker Realty

    (310) 259-7999

    19 Total Sales

    Gina Longo
    Section Image

  • M

    Buyer Co-Listing Agent in 2014

    Marco Cosentino

    Sotheby's International Realty

    (310) 456-6431

    1 Total Sale

    Marco Cosentino
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24002061

California Regional Multiple Listing Service (CRMLS)

APN: 4472-010-032

California Los Angeles County Malibu 90265 Santa Monica Mountains

1720 Lechusa Rd, Malibu, CA

This home is located at 1720 Lechusa Rd, Malibu, CA 90265 since 10 January 2024 and is currently estimated at $2,807,033, approximately $847 per square foot. 1720 Lechusa Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes