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Based on information from California Regional Multiple Listing Service, Inc. as of February 17, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. To view the full disclaimer, please click here.
Find Malibu Investment Properties and Multi-family Homes For Sale
Malibu is located in Los Angeles County and is a great place to buy or sell multifamily, duplex, triplex, fourplex and larger commercial apartment properties. Its job industry, conveniences, and attractions make this a great place to live and there is a good market available to buy multifamily rental properties such as duplexes, triplexes, and fourplexes. These properties can bring in great income and can be sold quickly if you need to move your investments around. There is also no rent control in Malibu.
Malibu’s population was 12,832 as of 2012. The estimated median household income in 2011 was $123,509 (it was $102,031 in 2000). This is larger than the California median which was $57,287 in 2011.
Malibu has large professional, scientific, and technical industries which comprise 18.5% of all industries in the city, which is more than twice that of the California average. This is because employers such as HRL Laboratories, the research arm of the former Hughes Aircraft Company, is the largest employer in Malibu. Pepperdine University, the Surfrider Foundation, Heal the Bay, and Passages Malibu are also top employers.
The city also enjoys being close to a variety of conveniences. The nearest major airport is Los Angeles International Airport (LAX). This airport has international and domestic flights from Los Angeles and is 34 miles from the center of Malibu.. The two closest hospitals are Thousand Oaks Surgical Hospital (9 miles) and Los Robles Hospital & Medical Center (13 miles). Pepperdine is the closest university to Malibu, lying directly next to Malibu’s borders and has 5,436 full time enrolled students.
Malibu has many attractions, the most popular is its 21 mile sandy beach, including Zuma Beach, Malibu Laguna State Beach, Point Dume, and Malibu Creek. Also, The Malibu Art Association produces shows, demonstrations and workshops for its members, and offers art for public display throughout the community.
All of these features make Malibu a great city to buy or sell multifamily investment rental properties such as duplexes, triplexes, fourplexes and larger commercial apartment buildings. This vibrant, wealthy community has great attractions, a healthy work industry, and above average rent. The density of the city and the desire for people to live here, make it an ideal location for multifamily living and the city does have great duplex, triplex, and fourplex properties.
Also serving other Los Angeles County Cities.
This information was gathered from www.ci.malibu.ca.us, city-data.com, and wikipedia
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