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Key Details
Sold Price $80,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21240632
Lot Size 9.753 Acres
Type of Financing Cash
Property Description
Homes within a few miles of this parcel range in value from $1 M to 14 M. Located in the ultimate private setting in the hills of Calabasas. The land is a perfect square and quite large, 9.75 acres. Jump on this extremely well-priced parcel and invest in this amazing estate home site with an eye toward the future! No survey, no geological report, no other reports. The parcel is inside City limits so buyers will want to independently research building with the City of Calabasas. Agent and seller have no information about building. No street access and no recorded easement for access. You cannot drive all the way to this land, and you cannot put your feet on the land to walk it because it is landlocked, and you would be trespassing across the neighbors private property. The seller has not contacted the neighbors, has not attempted to arrange an easement, and will not do so. The City will not put in a road. The buyer can seek to arrange an easement for access with the neighbors after closing. The buyer for this parcel will be a long-term investor who understands that this acreage is a great bargain given the premium location but would require considerable work to get access and develop.
Homes within a few miles of this parcel range in value from $1 M to 14 M. Located in the ultimate private setting in the hills of Calabasas. The land is a perfect square and quite large, 9.75 acres. Jump on this extremely well-priced parcel and invest in this amazing estate home site with an eye toward the future! No survey, no geological report, no other reports. The parcel is inside City limits so buyers will want to independently research building with the City of Calabasas. Agent and seller have no information about building. No street access and no recorded easement for access. You cannot drive all the way to this land, and you cannot put your feet on the land to walk it because it is landlocked, and you would be trespassing across the neighbors private property. The seller has not contacted the neighbors, has not attempted to arrange an easement, and will not do so. The City will not put in a road. The buyer can seek to arrange an easement for access with the neighbors after closing. The buyer for this parcel will be a long-term investor who understands that this acreage is a great bargain given the premium location but would require considerable work to get access and develop.
Location
State CA
County Los Angeles
Area Calabasas (91302)
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with NON LISTED AGENT • San Diego
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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