• 22445 22455 Pacific Coast Malibu, CA 90265

  • $7,995,000
  • 0
    Bed(s)
  • 0
    Baths
  • 7,890
    Sq Ft
  • 30036
    Sqft
  • Listed By: Todd Wohl, Premiere Estates International Real Estate, DRE #01912556
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Septic Type Unknown

Interior Features

Fireplace: Living Room

Fireplace

Fireplace Features: Living Room

Has Fireplace: 1

Building Information

Year Built: 1955

Building Area Total: 7,890

Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.6895

Lot Size Source: Assessor

Lot Size Square Feet: 30036

Listing Price Information

Original List Price: 7,995,000

Listing Contract Date: 2024-01-10

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4452023012

Garage and Parking

Garage Description: Carport,Door-Multi,Driveway,Garage

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Pending

Source Neighborhood: C32 - Malibu Beach

Postal Code Plus 4: 5032

Directions: across from carbon beach access

Zoning: LCR3*

Source Property Type: Residential Income

Area: C32 - Malibu Beach

Property SubType: Mixed Use

Building and Construction

Property Age: 69

Common Walls: 2+ Common Walls

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: street

Property Attached: Yes

Levels or Stories: Three Or More

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27432 Latigo Bay View D.., Malibu, CA,90265 $4,195,000 5 3 4,321 46094 Sqft
29500 Heathercliff Rd. #3, Malibu, CA,90265 $1,395,000 3 2 1,568 4050 Sqft
34040 Mulholland Highway, Malibu, CA,90265 $469,000 -- -- -- 215104 Sqft
22800 Beckledge Terrace, Malibu, CA,90265 $8,250,000 3 3 2,878 46244 Sqft

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ByOwner last updated this listing 05/19/2024 @ 00:59

MLS: SB24027892
LISTED BY: Todd Wohl, Premiere Estates International Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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