NOT LISTED FOR SALE

Estimated Value: $754,000 - $1,138,329

2.37 Acres
$383,417 Price per Acre
103,246 Sq Ft Lot

Last Sold June 29, 2022

Last sale price $650,000

Est. 40% increase in value since last sale

Current estimated payment $5,603/month

61 Days on Market

Highlights

  • 2.37 Acre Lot
  • Mountain View
  • Wooded Lot
  • Sumac Elementary School Rated A
  • Property is near a park
  • Corner Lot

About This Lot

As of June 2022

2.37 prime acres of equestrian property in Malibou Lakeside. Build your dream home steps away from the trail-head of the 8000+ square acre Malibu Creek State Park that is in the heart of the Santa Monica Mountain Range (the "Yosemite" of Southern California).
The property can also be used as the ultimate Airbnb. The unique zoning of R-R-1 allows the owner to build a bed and breakfast (essentially a SFR with rentable rooms) with up to 5 rentable rooms along with multiple other options without the hassle of obtaining a conditional use permit by right (see Los Angeles County R-R-1 Resort and Recreation zoning - buyer to verify).

There is a water meter on site which will save you $13k+. Owner is currently having a new Geoflow septic system designed and the report with the design will be provided to the future buyer which will save you another $10K+.

There is an easement for a small park (just over ½ acre) at the north end of the property that the community is allowed to use as a park and an easement on the eastside for a bus stop for school children in the neighborhood.

Last Agent to Sell the Property

TERESA OWEN

Red Brick Realty, Inc. License #01447263 Listed on: 10/06/2021

Last Buyer's Agent

Felix Fooks

Rodeo Realty License #01919417

Rodeo Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,815

Lot Details

  • 2.37 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Density is 2-5 Units/Acre
  • Value in Land
  • Property is zoned LCRR1Y

Property Views

  • Mountain
  • Park or Greenbelt

Additional Features

  • Property is near a park
  • Horse Property Improved

Listing and Financial Details

  • Tax Tract Number 7374
  • Assessor Parcel Number 4462005025
  • $334 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Agoura Subdivision
  • Mountainous Community

Recreation

  • Horse Trails

Property Details

Property Type

Land

Est. Annual Taxes

$7,815

Lot Details

0

Listing Details

  • Other Phone Description: Megan - TC
  • Other Phone Number: 7144250436
  • Subdivision Name Other: Agoura (850)
  • View: Yes
  • Zoning: LCRR1Y
  • Property Type: Land
  • Parcel Number: 4462005025
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 6.30

Exterior Features

  • View: Mountain(s), Park/Greenbelt

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Horse Property Improved, Lot Over 40000 Sqft, Park Nearby, Treed Lot, Value In Land
  • Lot Size Sq Ft: 103245.00
  • Lot Size Acres: 2.3702

Multi Family

  • Lot Size Area: 103245.0000 Square Feet

Tax Info

  • Tax Census Tract: 8003.30
  • Tax Tract Number: 7374
  • TaxOtherAnnualAssessmentAmount: 334.00

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
06/29/2022 06/29/22 Sold $650,000 -7.0% --
05/04/2022 05/04/22 For Sale $699,000 0.0% --
12/06/2021 12/06/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $699,000 -- --
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 $7,815 $689,785 $689,785 --
2024 $7,815 $676,260 $676,260 --
2023 $7,674 $663,000 $663,000 $0
2022 $4,354 $367,469 $367,469 $0
2021 $4,347 $360,264 $360,264 $0
2019 $4,194 $349,579 $349,579 $0
2018 $4,120 $342,725 $342,725 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21220163

California Regional Multiple Listing Service (CRMLS)

APN: 4462-005-025