10
Map
$690,000
↓ $35K (4.8%)
●
Land -
For Sale
27152 Carrita Road
Malibu, CA 90265
Studio
0 Bath
$3,389
Est. Monthly
About This Property
Malibu Ocean View Ready-to-Build Permitted Lot! Lowest Priced in
Malibu! Rare opportunity to own a fully permitted ocean-view lot in
the highly sought-after Latigo Canyon area of Malibu just 5 minutes
from central Malibu, Pepperdine University, premier shopping,
dining, and the iconic Surfrider Beach. This exceptional property
includes approved plans for a stunning 1,980 sq. ft. custom
architectural modern home, set on an expansive 0.6-acre lot (26,344
sq. ft.), offering breathtaking ocean views and privacy. Save
hundreds of thousands of dollars in time, costs, and effort.
Major improvements already completed and paid for include:
Water meter installed, Concrete driveway completed Graded, Graded
Building site, Full septic system in place, Approved architectural
plans, All required reports and permits secured. Also , great lot
for horses with nearby trails. This is an extremely rare
opportunity to start building your dream home immediately after
close of escrow no delays, no uncertainty.
Unit Size
-
Days on Market
199 days
Land Size
0.61 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1981
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #26671791)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2026 | Price Decreased |
$690,000
↓ $35K
(4.8%) | |
| Price Decreased | |||
| Mar 31, 2026 | Listed by Coldwell Banker Realty | $725,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 16, 2020 | In contract | - | |
| In contract | |||
| Jan 21, 2020 | Listed | $585,000 | |
| Listed | |||
| | |||
|
LOOKING FOR BACK UP: Big flat view lot located in a quiet cul-de-sac. Offering peace and tranquility with magical, unobstructed ocean, island and mountain views. Plans are for a modern 2 story 2,482 SF home which includes a 2 car garage (original home lost in the Woolsey Fire) *NOTE* PERMITS will be pulled and paid for by the Seller, at close of escrow. Reports include amongst others, Public Works Fire Debris clean up completion certificate, Approved Fuel Modification Plan, Recorded Fuel Modification Covenant, Fire Department Approval to proceed, Approval Letter Stating "EXEMPT" from Coastal Commission and a Topographical Survey. Reports and Plans are available at the discretion of the Seller. This is a well priced, rare opportunity for a developer and or owner user.
| |||
Property Highlights
Exterior Details
Lot Size Area: 26352
Lot Size Units: Square Feet
Lot Size Acres: 0.605
Lot Size Square Feet: 26352
Lot Size Dimensions: 65x140
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
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ft²
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HOA + Taxes
About Los Angeles
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Listed by: Bill Moss, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26671791
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26671791
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