CA > Malibu
Malibu, CA 90265,1848 Newell Rd
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John Matukas

John Matukas

+1(323) 377-4961
$75,000
Est. payment /mo
1.5 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25533585

Lot Size 1.501 Acres

Acres 1.5006

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

Area Malibu

Zoning LCR17500*

Exterior

Waterfront Description None

View Y/N Yes

View Green Belt, Hills, Canyon, Mountains

Building

Lot Description Horse Property Unimproved, Value In Land, Single Lot, No Landscaping, Raw Land, Lot Shape-Rectangular

Sewer Septic Tank

Water Water District

Schools

School District Santa Monica-Malibu Unified School District

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Pinnacle Estate Properties

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John Matukas

+1(323) 377-4961

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