Malibu Canyon - exclusive guard-gated estate property under contract

[Dr G]

100,000 square foot lot, 40,000 square feet of build-able space.  Presently contains impressive main house, attached 3-car garage, and detached guest house.  Tennis/sports court with permitted/legal lighting, jacuzzi bath in master bathroom suite, pool, spa, brand new Viking kitchen, maid kitchen, smoking/media room, full bar, complete outdoor kitchen with another full bar, fully landscaped expansive front and rear yards, tranquil, exquisite views of the Santa Monica mountains.  Under contract and available for immediate assignment at $4.85million.  Can be immediately flipped in present condition for a minimum of $5.5million.  $500k in quick rehab would fetch a minimum of $7million and $2million on a 12-month rehab/rebuild plan timeline would fetch a minimum of $10million and as high as $18million.

Over six dozen photos available online upon request.  Serious 100% cash buyers only.  Escrow deposit in 24-48 hours with 10 day closing.