Property · 3 recorded sales since 2020
Listing Agent: Bob Catania (DRE #01029118) · Listing Office: Infinity Real Estate Services · Contact: 818-318-1258 · Bought with: Bob Catania · Infinity Real Estate Services · MLS #22202215 · Source: CRMLS
1,400 Square Foot + Unfinished Garage Currently Vacant Commercial Building divisible in to two (2) Units. Currently zoned MF - Multi-Family. Conversion to single family residential is possible due to it being a permitted use under the current zoning. 1000 Feet from Pacific Coast Highway and world famous Duke's Restaurant with the rare benefits of less PCH traffic and being walking distance to the ocean. Take advantage of the unique opportunity to buy the cheapest commercial property in Malibu! Malibu Land For Sale Approximately 7,104 SF! Multi-Family Zoning. Possibility to build 2 Units and 2 stories. Residential Single Family Use Permitted. Property Currently Classified as Commercial Use. Utilities Available on Site: Water, Electricity, Gas, Septic Tank. Bonus: Old Existing Office Building approximately 1,400 Square Foot. Close Walking Distance to Ocean and Restaurant Duke. Seller is motivated. Seller will Finance 50% of Purchase. Land being sold for Land Value, in it's As-Is Condition. For information please contact the Malibu planning Dept. Price: $1,290,000.00.
Listing description from the December 2022 sale, as reported to CRMLS.