• Malibu, CA 90265

  • Single Family Home / Owner Financing

Property Details for null St, Malibu, CA 90265

Features

Facts

Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Spectacular 7.6 acre lot overlooking the ocean and the Malibu mountains. Owner Financing:15% Down Payment ( $59,250) , 85% Loan( $335,750) carried by Owner for 3 Years with 7.5% annual Interest payable with monthly Interest ($2098.43)only payments , balance due in 3 years from close of escrow. Lowest price lot with a productive water well in Malibu. Located only 5 miles from the Pacific Coast Highway/ocean and 7 miles from the 101 Freeway Price includes soils reports, percolation report, water well with quality test, conceptual plans for a 4500 to 6500 sq.ft home, expired approval in Concept from LA County Planning Dep. Electricity is nearby down the street. See attached photos for detailed aerial topographical maps /detailed directional maps.

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