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.
MLS #
CRSB24027892
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Garage/Parking
Carport, Garage, Other, Garage: 3 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | – | – |
22445 22455 Pacific Coast is a Residential Income in Malibu, CA 90265. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $7,995,000 and was built in 1955.
This address can also be written as 22445 22455 Pacific Coast, Malibu, CA 90265.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 29, 2024. For the most current information, please contact Todd Wohl, (866) 568-6638