$4,995,000

4 Beds   5 Baths   7,402 Sq. Ft.   Single-Family
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Kanan Dume Rd
Malibu, CA 90265

Potential Profit

$1,046,819

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Status: Inactive
Listing ID: 57534680

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Property Information

  • Price: $4,995,000
  • Bedrooms: 4
  • Bathrooms: 5
  • Full Baths: 3
  • Half Baths: 2
  • Living Area Size: 7,402
  • Total Square Feet: 7,402
  • Lot Size: 2.4 acres
  • Style: Colonial
  • Air Conditioning: Central A/C
  • Year Built: 1979
  • Comments: Listing Status: Pending
  • Source ID: 22-131345
  • Day(s) On Site: 221
  • Subdivision: KELLER MATTHEW LAND OF IN THE
  • School District: Santa Monica-Malibu Unified School District
  • Property Type: Single Family Dwelling
  •  

Public Records

  • Bedrooms: 4
  • Baths: 5
  • Full Baths: 5
  • Rooms: 9
  • No. of Stories: 2
  • Parking: ON SITE
  • Air Conditioning: CENTRAL
  • Fireplaces: YES
  • Exterior Wall Type: SHINGLE SIDING
  • Floor Type: CONCRETE
  • Foundation Type: SLAB
  • Heating Type: CENTRAL
  • Roof Material: TILE
  • Roof Type: GABLE
  • Land Area Sqft: 104,625
  • Year Built: 1979
  • APN: 4467-008-035
  • Property Type: Single Family Residence
  • Living Sqft: 7,402
  • Parking Spaces: 4
  • Style: COLONIAL
  •  
  • Subdivision: KELLER MATTHEW LAND OF IN THE

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Kanan Dume Rd located in Malibu, CA is $4,680/month. Comparable homes around Kanan Dume Rd that are rentals have monthly ranges starting as low as $3,740 per month and as high as $5,620 per month. An owner looking to use this property as an investment could bring a return in the area of $3,740 - $5,620 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.


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Homes On This Street
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Kanan Dume Rd
Malibu, CA 90265

4 Beds   5 Baths   7,402 sq. ft.   Single-Family

$4,995,000

Status: Inactive Listing ID: 57534680

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Kanan-Dume-Rd-Malibu-CA-90265/57534680_lid

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