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23633 Dresser Road, Malibu, CA 90265
7 photos
$999,000
23633 Dresser Road Malibu, CA 90265
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Acres
0.00
Property Type
Land
Days on Market
10
Property Highlights
Perched high in the iconic Malibu hills this extraordinary property offers a rare opportunity to build your dream home on an unmatched 2 acre piece of pristine land once graced by a uniquely designed architectural masterpiece built by actor Tim Matheson in 1978 The creative energy that this location emits is palpable Though the original home was lost in the recent wildfires its legacy lives on and so does the Sellers expedited permitting fully transferable to the new owner saving you valuable time and effort as you begin to realize your own epic vision on this fire recovery property The property has been professionally cleared and is ready for development From this elevated vantage point experience sweeping 180degree views of the tranquil valley below and the vast expanse of the Pacific Ocean Beyond rolling hills of wildflowers a clear view of Santa Catalina Island will grace your mornings Wake up to the scent of fresh ocean air and fall asleep to the gentle whisper of coastal breezes This is a site where hawks soar overhead deer roam freely and nature is your closest neighbor Prepare to be transfixed as each evening the skies perform a dramatic show with sunsets that paint the horizon in vibrant hues of crimson gold and violet These views are simply unmatched Whether youre designing a contemporary sanctuary or a soulful retreat this canvas is primed for something truly exceptional If youre seeking peace beauty creativity and possibility this Malibu property offers it all Important to note This was the first plot in the area that was chosen as a build site in the 1970s It is bedrock The road that leads to the property is deeded to this APN For more logistical information about building and the advantages to buying this particular property relative to rebuilding after the fires please contact listing agent or have your agent access documents through the MLS
Property Features
Property Management Analysis for 23633 Dresser Road*
Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $3,954 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
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Property Services
$3,330
Low
$3,954
Estimate
$4,412
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market in the 90265 area is expected to remain strong in the upcoming years. Located in Malibu, California, 90265 is known for its scenic beaches, vibrant lifestyle, and proximity to Los Angeles. These factors have consistently attracted a steady stream of renters, both local residents and those seeking a second home or vacation rental. As the demand for spacious homes and luxury living increases, property owners and investors in 90265 can expect to see steady rental income and a stable market. Additionally, the recent shift towards remote work has made Malibu an even more appealing destination, with professionals seeking to work in a peaceful and picturesque environment. With limited available land and stringent building regulations, the supply of rental properties in 90265 is expected to remain relatively constant, allowing for continued rental price stability and potential for long-term property appreciation. Overall, the rental real estate market outlook in 90265 appears promising for landlords and investors alike, making it an attractive location for those looking for long-term rental income and potential capital appreciation.
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$
30 years fixed
7%
Monthly Payment
$5,317
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.
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