Neighborhood
5941 Ramirez Canyon Rd, Malibu, CA 90265
4 beds · 2 baths · 2,760 sq ft · Lot: 21,208 sq ft · Single Family Home · Built: 1942
Est. Value:
$2.18M
Est. Rent:
$5.2K/month

5941 Ramirez Canyon Rd Malibu, CA 90265

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4 beds · 2 baths · 2,760 sq ft · Lot Size: 21,208 sq ft · Single Family Home · Ramirez Canyon
Est. Property Value: $2,178,256

High Demand Long-Term RentalValued below Market MedianOwner Age 55 - 65

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5941 Ramirez Canyon Rd is in the Ramirez Canyon neighborhood of Malibu, CA. It is located in Los Angeles County and ZIP code 90265. This Single Family Home was built in 1942 and is approximately 83 years old. The single family home spans 2760 sq ft with 4 bedrooms and 2 bathrooms and sits on a 21208 sq ft lot. According to public records, it was sold for $125,000 and has a tax-assessed value of $4,186,440, which is $789 per sq ft. The Ramirez Canyon area of Malibu has 23 residential homes with an average size of 4494 sq ft. Analyze and compare real estate investment strategies for properties like this home at 5941 Ramirez Canyon Rd Malibu, CA 90265 with Property Intel by Whitepages.

Investment Potential for 5941 Ramirez Canyon Rd

The property has a current estimated value of $2,178,256, which is 32% below the neighborhood median, based on public records. It last sold for $125,000. Projected long-term
is $62,400 annually ($5,200 per month) with a 76% occupancy rate.

Discover more Single Family Homes in Ramirez Canyon.
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Long-Term

Gross Rental
$62,400 per year($5,200 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
76%in 90265 zip code
 
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Owners & Occupancy for 5941 Ramirez Canyon Rd

This property is owned by Kelly K Lee. Owner contact information includes 5 phone numbers and 2 email addresses.

Property Owners

OccupationProperty Manager and Owner, Leavitt And Lee
Cell Phone(310) ***-****View Cell Phone
Residence**********
Landline(805) 984-7004
Distance from Property**********
Email Address**************@yahoo.comView Email
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Property Ownership Information

Property Tax Amount$3,545 in 2023
Purchase Price$125,000

Occupancy

Resident 1************* age 55
Resident 2************ age 86

Property Details for 5941 Ramirez Canyon Rd

Property Details

Property Sq Ft

Living Area

2,760 sq ft

39% below market

Lot Size

21,208 sq ft

76% below market

Price Per Sq Ft

Living Area

$789 / sq ft

3% below market

Lot Size Area

$103 / sq ft

50% above market

Property condition, age, exterior, etc. for 5941 Ramir…
Longitude: -118.791703 Latitude: 34.032445 Parcel Number (APN): 4467-008-015…
Mortgage originated on through lender: Bank Of America for$******View Mortgage Details
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Recommended Properties in Ramirez Canyon

Discover more single family homes near 5941 Ramirez Canyon Rd in Malibu, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 5941 Ramirez Canyon Rd in Los Angeles County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$2,178,256
$828,362
$1,349,894 (163%)
$*******
$1,023,933
$2,306,807 (225%)
YoY Price Change
****%
1.04%
151%
Year Built
1942
1981
-39 years
Living Space
2,760 sq ft
2,263 sq ft
497 (22%)
$ Per Living Sq Ft
$789
$406
$383 (94%)
Lot Size
21,208 sq ft
7,612 sq ft
13596 (179%)
$ Per Lot Sq Ft
$103
$110
-$7 (-7%)

Net Operating Income
$*****
$26,929
$7,862 (29%)
Annual Revenue
$62,400
$44,400
$18,000 (41%)
$*****
$18,058
$9,551 (53%)
Net Operating Income
$*****
$26,929
$7,862 (29%)
Cap Rate
****%
3.4%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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