Malibu Real Estate
October 30th, 2009 by admin
To appreciate the diverse demographics and Malibu ca real estate, one must really take a drive through this beautiful area of Los Angeles. Malibu takes in 27 miles of scenic coastline.The City of Malibu, just recently incorporated, lies north of Santa Monica and The Palisades.P.C.H., or Pacific Coast Highway, winds around for 27 miles going north into Ventura County and through their beautiful country sides and beach communities.These canyons have streams and creeks that flow year around down to the Pacific Ocean and most into quiet lagoons along the beach. Fires and floods have taken their toll in Malibu, dating back to when the Chumash Indians were the primary residents here.
Sales prices as well as rental prices will be high, but the specific price will be determined by the structures age, size, location, and its amenities.
Along the beaches are beautiful homes with 1, 2 and 3 stories, many of them older single family homes built in the 1920s and 30s. Today many of these older beach homes are being replaced with modern single family homes and condos. Along the 27 miles of Pacific Coast Highway, are estates, and larger single family homes, many sitting on multiple acreage lots with lush landscaping of natural brush, trees, and many with meandering brooks and creeks coming out of the mountains above. Even with all of the tourists who visit Malibu, there are very few motels, hotels or resorts to speak of.
Condominiums and upper end townhomes have become quite popular in Malibu in recent years. There is a great selection of modern and gated condo complexes in Malibu and near by communities to check out if a condo is what you are looking for in this great sun filled town. The prices of all homes, condos and town homes in Malibu are going to be in the upper end category, with age, size, amenities and location the determining factors in prices, and the same is true for rental fees.
