3950 Las Flores Canyon Road

    Malibu, CA 90265
    • $2,295,000
    • STATUS: Active Under Contract
    • ON SITE: 173 days
    • ID#: 18356108
    Under Contract
    UPDATED: 23 min ago
    $2,295,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $1,148
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2008
    County:
    Area:

    School Ratings & Info

    Description

    Rare opportunity to purchase fully furnished, turnkey Malibu Income property perfect as vacation rentals or an owner user who wants to enjoy a Malibu home with the benefit of rental income from the second unit.This Duplex is an oasis, centrally located along Pacific Coast Highway at Las Flores Canyon Road with Duke's Restaurant directly across the street. Easy access to Santa Monica & the 10 Freeway, Surfrider and Carbon Beach and Pepperdine University. World class surfing, fantastic hikes, hip restaurants and shopping - all a short distance away. Each unit in the duplex has ocean views, stainless steel chef's kitchen appliances, and luxurious bathrooms with oversized tubs, wrap around private outdoor spaces and large private garages for each unit and certified septic.

    Monthly Payment Calculator



    Based on information from CARETS as of 2018-12-10T08:43:32.01. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/84822027

    3950 Las Flores Canyon Road Malibu, CA 90265

    • Price: $2,295,000
    • Status: Active Under Contract
    • Updated: 23 min ago
    • ID#: 18356108
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    2,000
    SQFT
    $1,148
    $/SQFT
    2008
    Built
    Neighborhood:
    Malibu (C33)
    County:
    Los Angeles
    Area:
    Malibu (C33)
    Property Description
    Rare opportunity to purchase fully furnished, turnkey Malibu Income property perfect as vacation rentals or an owner user who wants to enjoy a Malibu home with the benefit of rental income from the second unit.This Duplex is an oasis, centrally located along Pacific Coast Highway at Las Flores Canyon Road with Duke's Restaurant directly across the street. Easy access to Santa Monica & the 10 Freeway, Surfrider and Carbon Beach and Pepperdine University. World class surfing, fantastic hikes, hip restaurants and shopping - all a short distance away. Each unit in the duplex has ocean views, stainless steel chef's kitchen appliances, and luxurious bathrooms with oversized tubs, wrap around private outdoor spaces and large private garages for each unit and certified septic.
    Exterior Features

    Covered Spaces Total 4 Parking Features Driveway - Combination Parking Spaces Total 6 Parking Type Garage - 4+ Doors

    Interior Features

    Appliances DishwasherFreezerGarbage DisposalStackable W/D Hookup Cooking Appliances Microwave Cooling Type Air Conditioning Heating Type Other Total Floors 0 Unit Furnished01 Furnished Unit Furnished02 Furnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 2 Unit Number Of Bed02 2

    Property Features

    Adjusted Gross Income 101400.00 Assessed Improvement Value 352088.00 Assessed Land Value 1511910.00 Country United States Of America Expense Total Annual 4380.00 Gross Operating Income 98358.00 Gross Rent Multiplier 22.00 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 93978.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Estimated Unit Monthly Rent01 4000.00 Unit Monthly Rent02 4450.00 Unit Projected Total Monthly Rent01 4750.00 Unit Projected Total Monthly Rent02 4450.00 Unit Total Monthly Rent01 48000.00 Unit Total Monthly Rent02 53400.00 Unit Type01 1 Unit Type02 2 Units Total In Complex 2 Zoning Lcc2*

    Listing provided courtesy of Rosemary Clubb DRE#01378155 of Salt Air Real Estate.


    Based on information from CARETS as of 2018-12-10T08:43:32.01. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    RE/MAX of Santa Clarita
    25101 The Old Road
    Santa Clarita CA, 91381