- $75k Price
- 1½ Acres
- 129 DOM
1848 Newell Road
The listed address of 1848 Newell is based on addresses of nearby developed properties. The County of Los Angeles has confimed the address. The LA County GIS system indicates that the average slope of the lot has a desending slope of 3 feet of vertical for every 1 foot of horizontal towards the north. The previous home on the property was built on stilts. The likely buyer is someone who wants to utilize the the Transfer Development Credit Program to increase the size of a home that exists or they want to build in the Malibu Bowl neighborhood in Corral Cyn. and it is priced accordingly. There are other homes nearby which indicates that this may be developed as a single family home. The owner was told by the county that he would be limited to about 900 Sq. feet of habitable space plus a garage. No plans, approvals, studies or reports exist. The current owners inherited the property over 25 years ago and have decided it is surplus to their needs.
Essential Information
- MLS® #25533585
- Price$75,000
- Bathrooms0.00
- Acres1.50
- TypeLand
- StatusActive
Community Information
- Address1848 Newell Road
- AreaC33 - Malibu
- CityMalibu
- CountyLos Angeles
- Zip Code90265
Amenities
View
Park/Greenbelt, Hills, Mountain(s), Canyon
Exterior
Lot Description
Horse Property, Rectangular Lot, Value In Land, Sloped Down, No Landscaping
School Information
- DistrictSanta Monica-Malibu Unified
Additional Information
- Date ListedMay 2nd, 2025
- Days on Market129
- ZoningLCR17500*
Listing Details
- AgentPaul Grisanti
- OfficePinnacle Estate Properties
Paul Grisanti, Pinnacle Estate Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of September 8th, 2025 at 12:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.