25316 MALIBU Road, Malibu, CA 90265
Single-family home · 2 recorded sales since 2015
Sold November 2015
Listing Agent: Paul Woodman (DRE #01338766) · Listing Office: Pinnacle Estate Properties · Contact: 310-456-0880 · Bought with: Christopher Cortazzo · Coldwell Banker Residential Br · MLS #15955381 · Source: CRMLS
About this single-family home
Exceptional opportunity on 50+/- feet of sandy beachfront Malibu Road. This 4 unit apartment building is easily the best buy on the beach and priced for a quick sale. An application has been submitted and is currently under review to combine the 2 oceanfront units into 1 spacious beachfront owner's showplace, while retaining the 2 existing 1 bedroom apartments. Both with amazing ocean views over the 4 car garage each with their own private entrance. Perfect to use as rentals for additional income, guest quarters or home offices. 3 of the 4 units are on month-to-month leases and require 24 hours notice to show. 1 unit is being kept vacant for short notice showings. Prior to the planned vacancy, the combined monthly gross income was $17,000. Many of these rare properties have been transformed into phenomenal single family residences in the past years. Don't miss out on the potential this property has to offer!
Listing description from the November 2015 sale, as reported to CRMLS.
Sale history
