Overview
- Updated On:
- May 18, 2022
Description
Disclaimer: This is a pocket investor opportunity. This property is not currently listed with a broker. For more information, please contact us directly at 818-216-8960.
This property does have a view of the ocean!!!
This Latigo Canyon Road, Malibu property is located in the unincorporated area of Los Angeles County.
Unincorporated areas do not have to abide by Malibu City building restrictions.
Fire hydrant directly across from the land, so no need a water tank at $50,000+.
33,600 sq ft parcel, 210 feet of frontage, free of debris, cleared of brush, never built on.
House plan previously approved for 2500 sq. ft home, 3 car garage with pool.
Opportunity to create a Green, Zen inspired compound and live with Nature.
Current owner has owned the land for 16 years.
Clean title with current taxes.
Original GEO studies show the 4 Pit tests results, soil, slide slope conditions. (some attached)
Foundation estimate $100K to $120K.
Three levels of grading started.
This parcel is ideal for a compound with a playground, gardens, pool, collector car garage,
5 minutes to ocean or PCH, 10 min Center of Malibu & Pepperdine Univ, 45 to LAX or Beverly Hills.
Latigo is the third best road in the US according to the motorcycle industry, a driver’s dream.
Latigo leads to Mulholland and 101 FWY and is an evacuation route so LA County keeps it clear.
This Land gets extra daylight hours since sun sets across the canyon behind the mountain.
Two blocks to the north 880 acres have been designated as park land, so no construction.
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- Principal and Interest
- Property Tax
- HOO fees