25216 MALIBU Road, Malibu, CA 90265

About this single-family home

Incredible opportunity to own this rare beachfront triplex on 50 feet of prime Malibu Road. Stunning penthouse spanning the entire upper level offers an oceanfront great room with fireplace, great dining area and gourmet kitchen, all open to an expansive outdoor deck. The penthouse has 3 bedrooms, 2 baths and private laundry room. There are two lower units, each with 2 bedrooms, one with 1 bath and the other with 1.5 baths. They both have open living and kitchen spaces and private oceanfront decks. The property also has two 1 car private garages, and one 2 car garage with ample parking in front of the garages or street parking. Great owner user while having rental income or current owners are in process with Lester Tobias AIA to turn into a fantastic single family residence. All three units are currently occupied month to month. Perfect for a 1031 tax exchange as well.

Listing description from the September 2018 sale, as reported to CRMLS.

Sale history

$8,275,000

Sold September 2018 · listed $8,950,000, orig. $9,500,000, on market January 2018 · MLS #18302452 · Source: CRMLS

Listing Agent: Jeffrey Chertow · Listing Office: Pinnacle Estate Properties · Contact: 310-456-0880 · Bought with: Alex Galuz · Crescent Real Estate Corporati

$7,562,500

Sold May 2017 · listed $7,995,000, on market January 2017 · MLS #17189504 · Source: CRMLS

Listing Agent: Jeffrey Chertow · Listing Office: Pinnacle Estate Properties · Contact: 310-456-0880 · Bought with: Jeffrey Chertow · Pinnacle Estate Properties

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