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$3,150,000

FOR SALE
Active

22357 Pacific Coast Highway

Malibu, CA

MLS# 26987323

3,558 Sq Ft6bd • 6ba
52 days on marketNalren refreshed

Listing Agent

David Saghian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01992252

(310) 425-9838

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

6

Bedrooms

6

Bathrooms

3,558 sqft

Square Feet

1961

Year Built

7,883 sqft

Lot Size

$885

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

ONE UNIT TO BE DELIVERED VACANT! 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. One Unit to be Delivered Vacant by December. 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 and generating income from the remaining units.

Facts & Features

Interior

Appliances
Microwave, Refrigerator
Flooring
Laminate

Building

Year Built
1961
Living Area
3,558 sqft
Building Area Total
3,558
Levels
Multi Split
Stories Total
2

Utilities

Heating
Central

Parking

Parking Features
Garage, Tandem
Parking Total
8

Community / HOA

HOA
No

Sale history for 22357 Pacific Coast Highway

  • Sold $2,250,000 in November 2023 · MLS #23294889 · Source: CRMLS

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