6-Bedroom Residential Income — 22357 Pacific Coast Highway, Malibu, CA
$3,150,000
22357 Pacific Coast Highway, Malibu, CA
About this property
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.
Property details
Location
22357 Pacific Coast Highway • Malibu, CA 90265
Listed by
David Saghian · Lyon Stahl Investment Real Estate, Inc.
Nearby listings in Malibu, CA
- 24146 Malibu Road · $45,000/mo
- 31776 Broad Beach Road, Malibu, CA · $85,000/mo
- 33002 Pacific Coast Highway, Malibu, CA · $4,995,000
- 0 Castro Peak Motorway, Malibu, CA · $599,000
- 6259 Frondosa Drive, Malibu, CA · $4,000,000
- 23963 De Ville Way, Malibu, CA · $1,848,000
- 29225 Cliffside Drive, Malibu, CA · $13,500,000
- 6000 Philip Avenue, Malibu, CA · $7,495,000
- 29233 Heathercliff Road 3, Malibu, CA · $6,500/mo
- 7006 Birdview Avenue, Malibu, CA · $2,400,000
- 28901 Boniface Drive, Malibu, CA · $6,300,000
- 28873 Boniface Drive, Malibu, CA · $7,700,000