MLS® ID: 19432546
1050 LATIGO / Castro Peak Road
Malibu, California, 90265 $395,000
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.