22357 Pacific Coast Highway, Malibu, CA 90265

$3,150,000
6
BD
6
BA
3,558
SqFt

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Listing courtesy of Listing Agent: David Saghian (dsaghian@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

List Price
$3,150,000
Status
ACTIVE
Days on Market
0
MLS#
26987323
Subtype
Residential Income
Year Built
1961
Bedrooms
6
Bathrooms
6
Living Area
3,558
Lot Size
7,883
Acres
0.18
MLS Area Major
Malibu (C33)

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.

Additional Information

Zoning
LCR3*
Flooring
Laminate
Appliances
Microwave, Refrigerator
Heating
Central
Stories
Multi Level
Levels
Multi/Split
Parking Features
Garage, Tandem

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.