Malibu, CA 90265 1848 Newell Road
$75,000
Presented By: Paul Grisanti with Pinnacle Estate Properties;
- MLS# 25533585
- 05/02/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
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.
Presented By: Paul Grisanti with Pinnacle Estate Properties;
Interior Features for 1848 Newell Road
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1848 Newell Road
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMalibu
CountyLos Angeles
DirectionsPCH to Corral Canyon, go up approximately 3 miles then turn right onto Newell Road and drive to is heading west and then turns sharply to the North. The Property is on your right.
DisclosuresCoastalCommissionRestrictions, Unincorporated
ElectricUnknown
ExclusionsSeller has no reports of any kind
Full Baths
Garage Y/NNo
HOANo
High School DistrictSanta Monica-Malibu Unified
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash
Lot Size Square Feet65365.0
Lot Size UnitsSquareFeet
MLS AreaC33 - Malibu
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeVacant
PossessionCloseOfEscrow
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerSepticTypeUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
ViewCanyon, ParkGreenbelt, Hills, Mountains
ZoningLCR17500*
Exterior for 1848 Newell Road
Crops Included Y/NNo
Horse Y/NYes
Irrigation Water Rights Y/NNo
Lot FeaturesHorseProperty, NoLandscaping, RectangularLot, ValueInLand, SlopedDown
Lot Size Acres1.5006
Lot Size Area65365.0
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate