Pending
22445 Pacific Coast
MALIBU CA, 90265
$7,995,000
$1,013.31 per sqft
Pending
1 Bed
7,890 sqft
Residential
Built in 1955
Trust Sale - First time on market in 40+ years. Rare opportunity to own multifamily in the heart of Malibu across from the famous Carbon Beach "Billionaires Beach" section of Malibu. 13 units, 3 buildings on almost an acre. A redevelopment opportunity or value add opportunity. Proforma income estimated to be 150% higher than existing gross income. A stones throw from the famous Malibu Pier, close to the Country Mart shopping center and right across the street is the beach access through the some of the most valuable oceanfront properties in California. One unit just remodeled. A 3 car garage may be a possible ADU conversion.
SB24027892MR
MLSⓇ ID
January 10, 2024
Listed
April 5, 2024
Updated
Map
22445 Pacific Coast
MALIBU CA, 90265
Interior Features
Total Stories
2
Bedrooms
1
Laundry Description
Laundry Area
Fireplace
Yes
Fireplace Description
Living Room
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.69 Acres
Sewer
Septic Tank Type Unknown
Other Property Details
Area Name
Malibu Beach
Days on Market
40
Garage
Yes
Garage Spaces
3
Parking
Carport, Driveway, Garage, Garage - 3 Car
Parking Total
15
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LCR3*
Listing History
Date | Event | Price |
|---|---|---|
3/29/2024 | Pending | — |
Listed by Todd Wohl with Premiere Estates International Real Estate
Listing Contact: 866-568-6638
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Brian Merrick shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/5/2024
