Deal alert on a home that is now the best buy for an end-user or investor looking for solid rental income!
Just last night, I just got a huge price reduction on my listing at 26383 Ingleside Way in Malibu. The listing started at $1,395,000 and is now priced to sell at $1,155,000. No less than 6 inquiries have come in since the price reduction last night with several showings set up for the weekend.
The home was recently completed in 2010 and has amazing views of the Santa Monica mountains and has some ocean views. The build costs, according to the owner, we're close to $1,000,0000 and that is without the cost of the land! And consider this, the past tenants were paying $5800 making this a great rental property.
From the MLS “Built from the ground up in 2010, this 3 bed 2 bath contemporary home features high ceilings, natural light, & walls of glass framing amazing panoramic views. There is a gourmet kitchen w/ stainless appliances & a large center island, both w/ Ceaserstone countertops. The living room has a gas fireplace with doors that lead to a large balcony where you can see the Santa Monica mountains & some ocean views. The master bedroom has its own balcony, a walk-in closet, and a dual sink master bath w. a deep soaking tub and heated towel racks. The home even has an elevator running from the 2 car garage to the main level. The floors are engineered bamboo and the baths feature designer tiles and fixtures. Outside you will find a drought-tolerant landscape, 2 patios, and a custom-built water fountain. The home shows incredible attention to detail and fine craftsmanship. The septic system has just been modernized and upgraded to LA County codes. The garage has a large and separate storage room.”
View the website here with the cinematic video. 26383 Ingleside Way