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415 Westlake Boulevard

Malibu, CA 90265

  • 6 beds
  • 7 baths
  • 7,406 sqft
  • ~11 acre lot
  • $641 per sqft
  • 2001 build
  • on site

This is A Once-in-a-Lifetime Investment Opportunity to acquire a single tenant 100% absolute triple net leased property in Malibu, one of the most significant & prestigious residential compounds in the United States with a gated estate & the utmost privacy of exquisitely landscaped gardens overlooking unobstructed views of the Boney Ridge, Sandstone 3,111 peak, Hidden valley & the Topatopa span across five mountain ridges. This resplendent property perched on Approx. 11 acres of land outfitted with front portico entry leads into the great room grand foyer w/soaring 24’ ceilings,7400 sq. ft. open floor plan, interiors with custom designer touches throughout, formal living room, hearth & French doors opening to nature overlooks the Malibu mountains, huge gourmet kitchen, expansive master suite and so much more. This residential income opportunity features a NNN lease with monthly income of $21,000 Cap Rate of 5.30%, currently is in the fourth year of a ten-year lease term with a five-year option. The tenant is an established Drug & Alcohol Rehab & Treatment Center holding a sub cense Abuse Drug & Alcohol license & certification approved by state of California and Federally holding JCAHO, Joint Commission on Accreditation of Healthcare Organizations. This property may be purchased individually or a portfolio sale, 265 Westlake Blvd (next door MLS# SR20200567) listed at $2,700,000 NOI:$168,000 Cap Rate:6.22%. A new lease contract can also be arranged upon close of escrow.

CRMLS_CA logo Listing courtesy of CRMLS_CA / Kevin Tehrani / American Dream Realty Group

Last checked: Checking… • Last updated Nov 23, 2020 • Source: CRMLS_CA

MLS# SR20200563 —

This home is listed in more than one place. See it here.

Amenities & Taxes

The Building

Year Built:
2001
Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Concrete, Stucco, Wood Siding
Architectural Style:
French
Roof:
Concrete, Tile
Exterior Features:
Awning(s), Barbecue Private, Rain Gutters, Satellite Dish
Patio:
1
Patio And Porch Features:
Concrete, Covered, Deck, Lanai, Patio, Porch
Foundation:
Slab
Common Walls:
No Common Walls
Total Number Of Units:
1
Stories Total:
2
Structure Type:
House

Interior

Features:
Balcony, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Crown Molding, Furnished, Granite Counters, Open Floorplan, Pantry, Phone System, Recessed Lighting, Storage, Sunken Living Room, Two Story Ceilings, Vacuum Central, Wired for Sound
Levels:
Two
Kitchen Features:
Granite Counters, Kitchen Island, Kitchen Open to Family Room
Eating Area:
Dining Room, In Kitchen
Door Features:
Double Door Entry, French Doors
Window Features:
Bay Window(s), Custom Covering, Drapes, French/Mullioned, Skylight(s)
Flooring:
Carpet, Stone, Tile, Wood
Room Type:
Entry, Family Room, Formal Entry, Foyer, Great Room, Guest/Maid's Quarters, Living Room, Main Floor Master Bedroom, Office, Retreat, Sauna, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry
Living Area Units:
Square Feet
Fireplace:
Yes
Fireplace:
Living Room, Master Bedroom, Master Retreat, Two Way
Laundry:
Individual Room, Inside, Propane Dryer Hookup
Laundry:
1

Room Dimensions

Living Area:
7406.00

Location

Directions:
PCH to Kanan to W on Mulholland Hwy. to N on Westlake Blvd to property. Or 101 Fwy to S on Westlake Blvd to property on right.
Latitude:
34.10837300
Longitude:
-118.85749500

The Property

Sub Type:
Single Family Residence
Zoning:
LCA11*
Lot Features:
Back Yard, Front Yard, Lawn, Irregular Lot, Yard
Lot Size Area:
477651.0000
Lot Size Acres:
10.9654
Lot Size Square Feet:
477651.00
View:
1
View:
Hills, Mountain(s), Panoramic, Pool, Rocks, Trees/Woods
Fencing:
Wrought Iron
Fence:
Yes
Road Surface Type:
Paved
Security Features:
Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Security System, Smoke Detector(s)
Road Frontage:
City Street
Additional Parcels:
No

Listing Agent

Contact info:

Taxes

Tax Census Tract:
8003.26
Tax Tract:
PM6459
Tax Lot:
1

Beds

Total Bedrooms:
6
Main Level Bedrooms:
1

Baths

Bathrooms Total:
7
Bathrooms,Full & 3/4:
7
Main Level Bathrooms:
3
Full Bathrooms:
7

The Listing

Virtual Tour
Virtual Tour URL Branded:
https://video214.com/play/AIS2phLKZS5g1MNHsuLamg/s/dark
Special Listing Conditions:
Standard
Virtual Tour URL Unbranded2:
http://malibuhillsrehab.com
Parcel Number:
4472002028

Heating & Cooling

Heating:
1
Heating:
Central, Forced Air, Propane
Cooling:
Yes
Cooling:
Central Air, Electric

Utilities

Utilities:
Cable Connected, Electricity Connected, Phone Connected, Propane, Underground Utilities, Water Connected
Sewer:
Conventional Septic
Electric:
220 Volts in Garage, Standard
Water Source:
Public, Well

Appliances

Appliances:
Built-In Range, Dishwasher, Double Oven, Freezer, Disposal, Microwave, Propane Oven, Propane Range, Propane Cooktop, Propane Water Heater, Range Hood, Recirculated Exhaust Fan, Refrigerator, Warming Drawer, Water Heater
Included:
Yes

Schools

High School District:
Santa Monica-Malibu Unified

The Community

Senior Community:
No
Features:
Mountainous
Pool:
Private, Filtered, Gunite, Heated, In Ground, Solar Heat
Private Pool:
Yes
Spa:
1
Association:
No
Spa Features:
Private, Heated, In Ground, Solar Heated
Assessments:
No
Assessments:
None

Parking

Parking:
Yes
Parking:
Driveway, Concrete, Garage - Three Door, Garage Door Opener, Guest, Oversized, RV Access/Parking, Side by Side
Parking Spaces:
3.00
Attached Garage:
Yes
Garage Spaces
3.00

Schools

Rating Details
7

Juan Cabrillo Elementary School

  • Public
  • K-5
  • 6.0 mi
9

Malibu High School

  • Public
  • 6-12
  • 6.1 mi
N/A

Malibu Middle School

  • Public
  • K-K
  • 6.1 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Monthly cost estimate

415 Westlake Boulevard

Asking price

$4,750,000

Mortgage Principal & interest
Assumes 20% down, 30 yr.
fixed, good credit

$16,205

Taxes N/A
Insurance $1,306
Utilities $287 See report
Total $17,798/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
10/20/20
Listed / Active CRMLS_CA $4,750,000 83.0% (17.3% / YR)
1/5/16
Sold CRMLS_CA $2,595,000

Finding records…

No additional history available

If new records are added for this property, we’ll share them here.

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415 Westlake Boulevard
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This house located in CA 90265 is currently for sale for $4,750,000. 415 Westlake Boulevard is a 7,406 square foot house with 6 beds and 7 baths that has been on Estately for 36 days. This house is in the attendance area of Juan Cabrillo Elementary School, Malibu High School, and Malibu Middle School.

CRMLS_CA logo Listing Courtesy of: CRMLS_CA and American Dream Realty Group. Based on information from California Regional Multiple Listing Service, Inc. as of 23:01 on Nov 24.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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