1848 Newell Road Active

Malibu,CA 90265

$ 75000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CL25533585

HOA Y/N No

Lot Size 1.501 Acres

Acres 1.5

Property Sub-Type Unimproved Land

Property Description

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.

Location

State CA

County Los Angeles

Zoning LCR1

Interior

Fireplace No

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View Canyon,Park/Greenbelt,Hills,Mountain(s)

Building

New Construction No

Others

Tax ID 4457011001

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