1848 Newell Road, Malibu, CA 90265 - Berkshire Hathaway HomeServices California Properties

1848 Newell Road, Malibu, CA 90265

$75,000 Approx. USD 0 beds, 0 baths

Listing Agent


Paul Grisanti | Paul@MalibuRE.com
Lic#: 00621552
Broker: Courtesy of Pinnacle Estate Properties

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 25533585
Price: $75,000
Beds: 0
Baths: 0
1.50 acres
Lot size: 1.5006
County: Los Angeles
Zoning: LCR17500*
Lot description: Horse Property,No Landscaping,Rectangular Lot,Value In Land,Sloped Down
MLS area: C33 - Malibu

Last Updated: 6/27/2025

 Days On Market (DOM): 86

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This listing belongs to the C33 - Malibu MLS area

Lat/Long: 34.063118, -118.739746.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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