Land - 20058 Pacific Coast Highway 1, Malibu, CA

$1,750,000

20058 Pacific Coast Highway 1, Malibu, CA

20058 Pacific Coast Highway 1, Malibu, CA 90265 - $1,750,000 · Land for Sale, photo 3

20058 Pacific Coast Highway 1, Malibu, CA 90265 - $1,750,000 · Land for Sale, photo 4

20058 Pacific Coast Highway 1, Malibu, CA 90265 - $1,750,000 · Land for Sale, photo 5

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Description

Reduced! This property held a three story 4 br 3 ba duplex of 2,732 sq. ft that was built in 1957, until the Palisades fire destroyed in in January of 2025. The Seller have come to the conclusion that their insurance is insufficient to replace the Duplex that was destroyed with the necessary code upgrades. The Fire replacement code allows what was there before plus 10% so the new structure totals 2,975 sq feet plus a 440 sq. ft. garage. The design also includes 735 sq. ft. of decks. The design can either be used as a duplex or a single family dwelling by opening a connecting door. No Coastal Permit is required because of the Governor's order regarding rebuilds. Please make an appointment to look at the plans by Vitus Matare & Assoc. Photos are actually Architectural renderings of the proposed house.

Property details

Property type

Land

Lot size

2,231 sqft

Location

20058 Pacific Coast Highway 1 • Malibu, CA 90265

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Listed by

Paul Grisanti · Pinnacle Estate Properties

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