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Malibu Beach Duplex For Sale - 09/11/09 12:41 PM
Investors looking for long term income know that rental properties are a great way to produce cash. New to the Malibu Real Estate market this week is this beachfront duplex on the water in Malibu. There is a 3 bedroom unit and a 1 bedroom unit, both of which could make easy rentals, or stay in one and rent out the other . At $1,996,000 it may be time to get into your Mr. Furley leasure suit and become a landlord in Malibu. Call for a showing 310 699 8428. From the MLS " BEACHFRONT DUPLEX IN MALIBU… ENJOY THE SOUND (0 comments)
The Malibu Chili Cook Off. This Weekend Only! - 09/11/09 12:41 PM
Don't miss the Malibu Chili Cook Off this year! This is the last year it will be held in the Civic Center area. I went last night for what is commonly knows as "locals night" where the community turns out in force. There were hundreds of teenagers going nuts, loaded up on sugar from cotton candy, churros, and coke. There was the wine crew hanging in the tasting tent listening to live music, sampling the local vineyards latest offerings, and getting their "buzz on". The rides were great, I think I counted 6 types of Ferris Wheels, and several Hammer Head, (0 comments)
Malibu Park Deal Alert. Charming Ranch House Close To Schools. - 09/11/09 12:40 PM
There's a great ocean view house for sale on Calpine in Malibu Park. Malibu Park is known for it's family friendly environment and having k-12 schools located about 1 mile from any house in the neighborhood. Real estate prices in this area range form $1.7m and up. This particular house may be a good buy because of the following reasons... It was purchased for $1,895,000 in 2007 The owners spent upwards of $350,000 remodeling the property They spent an estimated $35,000 on preliminary research and plans for an additional 800 sq.ft. to be added on and a pool. Final plans need (0 comments)
L.A Times Report...Home Prices Rise. Further Evidence of Recovery? - 09/11/09 12:39 PM
Read the story below. Further evidence that we may be at the bottom and buyers are buying up bargains. More evidence that backs up my feelings as reported yesterday. I think you'll soon see this hit the condo market and the mobile home market in Malibu. Those two markets are flooded with inventory and bargains are starting to show. A few years ago I would get calls asking if there are any condos under $500k and I'd always say no. Now there are several....nice ones too, with ocean views to boot! http://www.latimes.com/business/la-fi-home-sales19-2009aug19,1,994564.story (0 comments)
Are We at the Bottom of the Malibu Real Estate Market? - 09/11/09 12:37 PM
I going out on a limb here an claiming that the later half of 09 will be the "bottom of the market" for Malibu real estate. Why? Condos have been slashed. The unit for $499k on the third row of the Malibu Vilas is a significant chop and a great value. I've seen a few Malibu beach houses sell at close to half of their original asking price. There are real investors out there that know it's the right time to buy and they are coming out of the woodworks with cash. Trust me on this, I get 3 calls a (0 comments)
$499 Are You Out Of Your Mind? - 09/11/09 12:36 PM
A condo has surfaced in the Malibu Villas for $499,000 on the third row. That's a crazy price and worth having a look at if you are sending some kids to Pepperdine for a few years. I don't think anyone on the upper rows of Malibu Villas ever thougt they'd see a condo ASK under $500,000. If you'd like to search the Malibu Condo Market click this link. (0 comments)
Quick Update on Deals in The Malibu Real Estate Market - 09/11/09 12:35 PM
Condos have come down in price and there are so many units on the market that your bound to find a seller who will let one go at a great price. If you are a Pepperdine Parent and have a student heading to school for four years, now would be a good time to consider picking up a unit. There are few great deals out there on beach houses that have been on the market to long and can be purchased at 30 to 50% off the original asking price. Long term, there are few real estate investments as good as (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.