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22605 Pacific Coast Highway, Malibu, CA 90265

Property Details

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22605 Pacific Coast Highway
Malibu, CA 90265

In Escrow / Under Contract: $3,750,000

Property Type: Fourplex
MLS#: 17294250

  • Building Size: 3006 SF
  • Lot Size: 19602 SF
  • Number of Units: 4
  • Year Built: 1953
  • Days on market: 341
  • Net Operating Income: $170,800
  • Gross Scheduled Income: $173,400
  • Rent Control: No
  • GRM: 1.00
  • Contact Listing Agent Direct:
  • Bobby Lehmkuhl, 4 Malibu Real Estate

Property Description

Incredible Multi-Family Opportunity in the Heart of Malibu! Stunning Panoramic White Water Ocean Views from Malibu Pier to Santa Monica Bay. Directly across from Carbon Beach and conveniently located near restaurants, shopping and beach access, this highly-desirable multi-family property is a rare find. Property has three structures: 2 Bedroom Main House with attached 3 Car Garage, Two 1 Bedroom Bungalows with private patios, and one 1 Bedroom Guest House. Commercially zoned with nine additional off-road uncovered parking spaces for tenants and guests. Centrally located on the land side of PCH with high visibility. Great opportunity for future development while collecting rents during the process. Each remodeled unit has its own PCH address 22605, 22607, 22609, 22609 1/2.

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22605 Pacific Coast Highway, Malibu, CA 90265

Based on information from California Regional Multiple Listing Service, Inc. as of March 19, 2018. 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. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Bobby Lehmkuhl, 4 Malibu Real Estate

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