22
See all 22 photos
$3,150,000
Est. payment /mo
6 Beds
6 Baths
3,558 SqFt
New
22357 Pacific Coast HWY Malibu, CA 90265
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,558 sqft
Price per Sqft $885
MLS Listing ID 26987323
Bedrooms 6
HOA Y/N No
Year Built 1961
Lot Size 7,884 Sqft
Property Description
22357 Pacific Coast Highway presents a rare four-unit investmentopportunity in prime Malibu, ideally positioned just steps from the beach and minutes from some of the area's most sought-after dining, shopping, and lifestyle destinations, including Nobu Malibu and Cross Creek Ranch. The property is fully furnished and features an attractive unit mixconsisting of two (2) two-bedroom, two-bathroom units and two (2) one-bedroom, one-bathroom units. With statewide rent control applicable in Malibu, the property offers investors an opportunity to own a well-located multifamily asset in one of Southern California's most supply-constrained coastal markets. Multifamily properties of this size rarely become available in Malibu, with only four multifamily transactions of fewer than 16 units occurring over the past four years. The area's historically low turnover and significant barriers to new supply further enhance the long-term value of the offering. In addition to its investment appeal, 22357 Pacific Coast Highway may present an exceptional owner-user opportunity, with the potential to utilize residential financing while enjoying the benefits of living in Malibu andgenerating income from the remaining units.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCR3*
Interior
Heating Central
Flooring Laminate
Fireplace No
Appliance Microwave, Refrigerator
Exterior
Parking Features Garage, Tandem
Total Parking Spaces 8
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4452024015
Special Listing Condition Standard
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252
Nearby Locations
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