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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6 Beds
6 Baths
3,558 SqFt
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22357 Pacific Coast HWY Malibu, CA 90265

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Saghian Lyon Stahl Investment Real Estate, Inc. #01992252

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22357 Pacific Coast HWY

NEARBY SCHOOL & BUSINESS

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Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

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