22357 Pacific Coast Highway, Malibu, CA 90265

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

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List Agent David Saghian () 818-231-5540 Lyon Stahl Investment Real Estate, Inc.; CoList ()

List Price
$3,150,000
Status
ACTIVE
MLS#
26987323
Year Built
1961
Bedrooms
6
Bathrooms
6
Living Sq. Ft
3,558
Lot Size
7,883
Days on Market
0
Property Type
Multifamily
Stories
Multi Level

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

Appliances
Microwave, Refrigerator
Heat
Central

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.