$75,000

1848 Newell Rd Malibu, CA 90265

Santa Monica Mountains Neighborhood

Estimated payment $485/month

Total Views 2,536
1.5 Acres
$49,980 Price per Acre
65,366 Sq Ft Lot

Highlights

  • Horse Property Unimproved
  • 1.5 Acre Lot
  • Rectangular Lot
  • Webster Elementary School Rated A
  • Canyon View

About This Lot

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.

Listing Agent

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 05/02/2025

Pinnacle Estate Properties

Property Details

Property Type

  • Land

Lot Details

  • 1.5 Acre Lot
  • Rectangular Lot
  • Lot Sloped Down
  • Hillside Location
  • Value in Land
  • Property is zoned LCR17500*

Property Views

  • Canyon
  • Mountain
  • Hills
  • Park or Greenbelt

Horse Facilities and Amenities

  • Horse Property Unimproved
  • Horses Allowed On Property

Utilities

  • Property is located within a water district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4457-011-001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The listed address of 1848 Newell has been confirmed by The County of Los Angeles. The likely buyer is someone who wants to utilize the the Transfer Development Credit Program to increase the size of a home they want to build in the Malibu Bowl neighborhood in Corral Cyn. and it is priced accordingly. The County's Slope Density Formula indicates a maximum size of 900 feet of habitable plus a garage. No plans, approvals, studies or reports exist. The current owners have owned the property for over 25 years and have decided it is surplus to their needs.
  • Exclusions: Seller has no reports of any kind
  • Legal Description: 4457-011-001
  • Lot Acreage: 1.5006
  • Probate: No
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Dirt/Gravel, Private, Asphalt
  • Street Lights: No
  • View: Green Belt, Hills, Canyon, Mountains
  • View: Yes

Utilities

  • Cable: No
  • Electric: Unknown
  • Gas: Bottled, Propane
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: No
  • Water: Water District

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4457-011-001
  • Land Value: 75000.00
  • Land Value Percent: 100.00
  • Lot Description: Horse Property Unimproved, Value In Land, Single Lot, No Landscaping, Raw Land, Lot Shape-Rectangular
  • Lot Location: Hillside
  • Lot Size Area: 65365
  • Potential Usage: Transfer development Credit program
  • Present Use: Vacant land
  • Price Per Acre: 50000.00
  • Site Decription: Hilltop, Rural
  • Staked: No
  • Topography: Downhill

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $75,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25533585

The MLS

California Los Angeles County Malibu 90265 Santa Monica Mountains

1848 Newell Rd, Malibu, CA

This home is located at 1848 Newell Rd, Malibu, CA 90265 and is currently priced at $75,000. 1848 Newell Rd is a home located in Los Angeles County with nearby schools including Webster 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Paul Grisanti
Listing Agent
Paul Grisanti
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Pinnacle Estate Properties
(310) 945-2902