Smoking Deal Alert for Malibu Condo
18 February 2011 · by Mike Gardner Malibu Real Estate Agent 310-699-8428

Deal alert! New to the market just a few hours ago…..4 bedroom condo for sale in Malibu for $370,000! Here’s the low down….Bank owned unit located in the Malibu Villas near Paradise Cove. Appliances were stripped out and it needs some fixin, BUT it’s a nice unit with ocean views and a short stroll to the beach. It’s on the first row which means you’ll get some PCH noise, but rent the place out to a bunch of Pepperdine kids who probably won’t even hear it, sit back and collect rent checks! This is the least expensive 4 bedroom condo for sale in all of Malibu.
8:38pm update. Offers are starting to come in but there is still time, this weekend to write. The kitchen has nice cabinets, a nice stainless sink, and really nice countertops. The master bath has a spa tub and radiant heat floors. There are two 80 gallon new water heaters in the garage.The bad…..all appliances gone, toilet is missing, faucets are gone, and even a few light fixtures are gone. There are some cracks and things in the walls too. Still, it would be a great rental for college kids. My guess is that it going to take 10k-30k to get the place livable again.

Call for a showing. I can show it any time and I’ve already got two scheduled for today.
Email Me to get all properties in Malibu on my Bank Owned/ Foreclosure/ Short Sale list. There are 40 right now within the Malibu real estate market. You can run your own reports anytime on the link above called Foreclosures.

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For seriously straight talk about actually buying or selling a home in Malibu, call me on my cell at 310 699 8428 anytime 7am to 10pm.

bank-own

listed with D. Carroll Prudential Malibu

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