NOT LISTED FOR SALE

Estimated Value: $756,928 - $1,817,000

2.25 Acres
$529,184 Price per Acre
97,953 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $738,980

Est. 69% increase in value since last sale

Current estimated payment $7,577/month

48 Days on Market

Highlights

  • Horse Property
  • Horse Property Unimproved
  • Mountain View
  • Chaparral Elementary School Rated A
  • 2.25 Acre Lot
  • No HOA

About This Lot

As of March 2022

This is your chance to purchase a beautiful 2.25 acre development site in Calabasas (Unincorporated LA County). The property comes with completed plans and approvals for a beautiful 5700 sq. ft. home and 1200 sq. ft. ADU, that have zoning approval and have been submitted to Building and Safety. The lot is relatively flat with mildly down slopping topography from Mulholland. Furthermore, the property is in the Las Virgenes School District, and outside the Coastal Commission Zone.

This location is spectacular, offering a quiet peaceful area in Mulholland, tucked against the Santa Monica Mountains, away from the hustle and bustle of city life, while still being close to everything the city has to offer. The property is under 30 minutes to Malibu Pier, Malibu Country Market, Pepperdine University and Malibu Beach. It's also less than 15 minutes to Warner Center, Westfield Topanga Mall, Westfield Village and the Commons in Calabasas.

This is your chance to build your dream home or project in a desirable, red hot real estate market in the highly acclaimed Calabasas community.

Last Agent to Sell the Property

Zack King

Keller Williams Realty Calabasas License #01882407 Listed on: 07/06/2021

Keller Williams Realty Calabasas

Last Buyer's Agent

Kathleen Lovely

Coldwell Banker Realty License #01352091

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,780

Lot Details

  • 2.25 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Gentle Sloping Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned LCA11*

Location

  • Urban Location
  • Suburban Location

Utilities

  • Overhead Utilities
  • Perc Test On File For Septic Tank
  • Soils Analysis Septic
  • Cable TV Available

Additional Features

  • Mountain Views
  • Agricultural
  • Horse Property Unimproved

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 4455011037

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail
  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$8,780

Lot Details

0

Listing Details

  • Other Phone Description: Zack
  • Other Phone Number: 818-825-7388
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCA11*
  • Property Type: Land
  • Parcel Number: 4455011037
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 7.54

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Connected
  • Sewer: Perc Test On File, Soils Analysis Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Horse Trails, Mountainous, Rural, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Agricultural, Gentle Sloping, Horse Property, Horse Property Unimproved, Lot Over 40000 Sqft, Irregular Lot, Utilities - Overhead, Value In Land
  • Lot Size Sq Ft: 97953.00
  • Lot Size Acres: 2.2487

Multi Family

  • Lot Size Area: 97953.0000 Square Feet

Tax Info

  • Tax Census Tract: 8002.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Feb 14, 2022
Sold by
Nitika Bajaj
Bought by
Bajaj Gaurav Raj
Seller's Agent
Zack King
Keller Williams Realty Calabasas
Buyer's Agent
Kathleen Lovely
Coldwell Banker Realty
List Price
$825,000
Sold Price
$738,980
Premium/Discount to List
-$86,020
-10.43%
Current Estimated Value
$1,250,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,072
Avg. Annual Appreciation
14.85%

Purchase Details

Closed on
Aug 25, 2021
Sold by
Tash Adam Joab and Livin Rachel
Bought by
Bajaj Gaurav Raj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2020
Sold by
Read Mary L and The Read Family Trust
Bought by
Tash Adam Joab and Tash Rachel Joy

Purchase Details

Closed on
May 31, 2018
Sold by
Read Mary L
Bought by
Read Mary L
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Bajaj Gaurav Raj -- Lawyers Title
Bajaj Gaurav Raj $739,000 Lawyers Title
Tash Adam Joab $380,000 Lawyers Title Company
Read Mary L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajaj Gaurav Raj $440,000
Previous Owner Bajaj Gaurav Raj $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $738,980 -10.4% --
08/23/2021 08/23/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $825,000 +117.1% --
08/12/2020 08/12/20 Sold $380,000 -20.0% --
06/27/2020 06/27/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $475,000 +25.0% --
04/07/2020 04/07/20 Off Market $380,000 -- --
02/07/2020 02/07/20 For Sale $475,000 -- --
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 $8,780 $784,232 $784,232 --
2024 $8,780 $768,855 $768,855 --
2023 $9,415 $753,780 $753,780 $0
2022 $4,516 $387,600 $387,600 $0
2021 $4,509 $380,000 $380,000 $0
2020 $1,125 $76,226 $76,226 $0
2019 $1,095 $74,732 $74,732 $0
2018 $1,116 $73,267 $73,267 $0
2016 $1,055 $70,423 $70,423 $0
2015 $1,041 $69,366 $69,366 $0
2014 $1,084 $68,008 $68,008 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21145161

California Regional Multiple Listing Service (CRMLS)

APN: 4455-011-037