$1,400,000
●
House -
Off Market
9625 WELLS Road
Malibu, CA 90265
4 Beds
3 Baths
3,316 Ft²
$2,298,498
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
*Reduced!* Ultra private ocean view ranch home in Western Malibu!
This newly repainted property boasts nearly 9 acres and is situated
at the end of a private and completely paved driveway. It features
a formal entry and living room with soaring vaulted ceilings and
wood burning fireplace. The chef's kitchen with granite counter
tops, duel fuel range and wine fridge opens to the spacious family
room with wood burning fireplace. The master bedroom has hardwood
floors with an open concept bath with a sauna. The master also
features over 700 hundred sq ft of outdoor deck overlooking the
ocean and canyons. Truly a stunning property in the ultimate
setting! Three car oversized garage with plenty of parking for
entertaining.
Unit Size
3,316 Ft²
Days on Market
144 days
Land Size
8.71 acres
Price per sqft
$437
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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 #17240354)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2020 | Sold | ||
| Sold | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Sep 9, 2019 | Listed by Pritchett-Rapf & Assoc. | $495,000 | |
| Listed by Pritchett-Rapf & Assoc. | |||
| | |||
| Nov 2, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $1,449,000 | |
| Listed | |||
| | |||
|
*Reduced!* Ultra private ocean view ranch home in Western Malibu! This newly repainted property boasts nearly 9 acres and is situated at the end of a private and completely paved driveway. It features a formal entry and living room with soaring vaulted ceilings and wood burning fireplace. The chef's kitchen with granite counter tops, duel fuel range and wine fridge opens to the spacious family room with wood burning fireplace. The master bedroom has hardwood floors with an open concept bath with a sauna. The master also features over 700 hundred sq ft of outdoor deck overlooking the ocean and canyons. Truly a stunning property in the ultimate setting! Three car oversized garage with plenty of parking for entertaining.The manager has listed the unit size as 3316 square feet.
| |||
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Property Highlights
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ventura
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Listed by: Russell Grether, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17240354
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17240354
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