NOT LISTED FOR SALE

27300 Old Chimney Rd Malibu, CA 90265

Estimated Value: $358,000 - $373,580

11.62 Acres
$31,479 Price per Acre
506,167 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $399,000

Est. 8% decrease in value since last sale

Current estimated payment $2,257/month

76 Days on Market

Highlights

  • Horses Allowed On Property
  • View of Catalina
  • Property Near a Canyon
  • Webster Elementary School Rated A
  • 11.62 Acre Lot
  • Secluded Lot

About This Lot

As of April 2024

11.6 plus acres of unobstructed ocean views of Catalina, the Santa Monica mountains and Point Dume just to the North of this incredible property. Located up Latigo Canyon in the heart of Malibu, the property has endless potential - a paved road to the site, electricity and LVMWD water, and useable flat land with both an upper and lower driveway (at the bottom of Carrita Dr). The existing foundation from a 2,400 plus sqft home (burnt down 25 + yrs ago). The current owner performed geology tests (over 15 yrs ago) on two different areas of the property as well as a percolation test. A rare find to build your dream home/compound in the heart of Malibu. The property is perfect to build your dream home on 11 + acres with unobstructed ocean views. Located in a quiet neighborhood, without a neighbor near the building site. Feel free to drive by and view lot. Buyer and Agents to verify ALL MLS information.

Last Agent to Sell the Property

Stephen Garrett

The Agency License #01991646 Listed on: 01/31/2024

The Agency

Last Buyer's Agent

Alex Gao

Wetrust Realty License #01921068

Property Details

Property Type

  • Land

Lot Details

  • 11.62 Acre Lot
  • Property Near a Canyon
  • Secluded Lot
  • Property is zoned LCA11*

Property Views

  • Bay
  • Catalina
  • Canyon
  • Hills

Additional Features

  • Horses Allowed On Property
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4465-013-007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 11.6200
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Bay, Canyon, Catalina, Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No
  • Water: District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4465-013-007
  • Lot Description: Secluded, Single Lot
  • Lot Location: Canyon
  • Lot Size Area: 506176
  • Topography: Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Apr 23, 2024
Sold by
Feghallsf Trust and Elfeghali Chucri
Bought by
Jps Holding Llc
Seller's Agent
Stephen Garrett
The Agency
Buyer's Agent
Alex Gao
Wetrust Realty
List Price
$399,000
Sold Price
$399,000
Views
62
Current Estimated Value
$365,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,210
Avg. Annual Appreciation
-5.13%

Purchase Details

Closed on
Apr 22, 2020
Sold by
Feghali Chucri El
Bought by
Elfeghali Chucri and The Feghallsf Trust

Purchase Details

Closed on
Apr 24, 2000
Sold by
Bourque William L
Bought by
Feghali Chueri El

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Jps Holding Llc $399,000 First American Title Company
Elfeghali Chucri -- None Available
Feghali Chueri El $180,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feghali Chueri El $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $399,000 0.0% --
04/16/2024 04/16/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $399,000 -- --
Source: The MLS

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 $4,092 $406,980 $406,980 --
2024 $4,092 $271,219 $271,219 --
2023 $3,924 $265,901 $265,901 $0
2022 $3,867 $260,688 $260,688 $0
2021 $3,754 $255,577 $255,577 $0
2020 $3,733 $252,957 $252,957 $0
2019 $3,661 $247,998 $247,998 $0
2018 $3,525 $243,136 $243,136 $0
2016 $3,404 $233,696 $233,696 $0
2015 $3,358 $230,186 $230,186 $0
2014 $3,374 $225,677 $225,677 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Stephen Garrett

    The Agency

    (818) 432-1500

    16 Total Sales

    Stephen Garrett
    Section Image
  • Alex Gao

    Buyer's Agent in 2024

    Alex Gao

    Wetrust Realty

    (626) 656-5685

    7 Total Sales

    Alex Gao
    Section Image
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Map

Source: The MLS

MLS Number: 24-353913

The MLS

APN: 4465-013-007

California Los Angeles County Malibu 90265

27300 Old Chimney Rd, Malibu, CA

Not Listed for Sale

Lots

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