One of the best priced burnout lots in malibu! This double lot of nearly half an acre is on a quiet dead-end street, near a calm stream and surrounded by oak trees. The original structure, lost last year in the woolsey fire, was a 720 square foot bungalow built decades ago. The buyer of this lot is entitled to the expedited rebuild process, which includes increasing the square footage by 10%. This is an incredible opportunity to bypass years of permitting and build a custom malibu bungalow or modern cabin made for indoor/outdoor living! Utilities located in street include water, electric and phone. The lot has received debris removal signoff from the county. Located just ten minutes from pacific coast hwy and in excellent proximity to beautiful beaches, coves, surf breaks, restaurants, markets, and more!
Home Size0 sqft
Lot Size0.4662 Acres
CountyLos Angeles County
Listing Agent: Russell GretherBroker: CompassBroker Phone: 3102305744
The vacancy rate of homes in 90265 is
18.6% with 59.07% of homes being owner-occupied. The median household income in 90265 is $136749 per year with those between 45 and 64 having the highest median income at $141403.