22357 Pacific Coast Hwy, Malibu, CA 90265
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22357 Pacific Coast Hwy, Malibu, CA 90265
22357 Pacific Coast Hwy, Malibu, CA 90265
22357 Pacific Coast Hwy, Malibu, CA 90265
22357 Pacific Coast Hwy, Malibu, CA 90265
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$ 3,150,000
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22357 Pacific Coast Hwy Malibu, CA 90265

6 Beds

6 Baths

3,558 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,558 sqft

Price per Sqft $885

MLS Listing ID 26987323

Bedrooms 6

Year Built 1961

Lot Size 7,883 Sqft

Acres 0.181

Property Sub-Type Multi-Family

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 Malibu

Zoning LCR3*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Ceiling Fan

Flooring Laminate

Equipment Microwave, Refrigerator, Range/Oven

Laundry In Unit

Exterior

Parking Features Tandem

Garage Spaces 8.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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22357 Pacific Coast Hwy