Malibu, CA 90265,22445 22455 Pacific Coast
Malibu, CA 90265,22445 22455 Pacific Coast
Malibu, CA 90265,22445 22455 Pacific Coast
35
$5,800,000
$7,995,000
27.5%
Est.Price: ?

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0.69 Acres Lot

22445 22455 Pacific Coast Malibu, CA 90265

Est. payment /mo
SOLD DATE : 06/14/2024

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Key Details

Sold Price $5,800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CRSB24027892

Sold Date 06/14/24

Originating Board California Regional MLS

Year Built 1955

Lot Size 0.690 Acres

Property Description

Trust Sale - First time on market in 40+ years. Rare opportunity to own multifamily in the heart of Malibu across from the famous Carbon Beach "Billionaires Beach" section of Malibu. 13 units, 3 buildings on almost an acre. A redevelopment opportunity or value add opportunity. Proforma income estimated to be 150% higher than existing gross income. A stones throw from the famous Malibu Pier, close to the Country Mart shopping center and right across the street is the beach access through the some of the most valuable oceanfront properties in California. One unit just remodeled. A 3 car garage may be a possible ADU conversion.

Location

State CA

County Los Angeles

Area C32 - Malibu Beach

Interior

Laundry Laundry Area

Exterior

Garage Carport , Garage, Other

Garage Spaces 15.0

Pool None

Building

Story Three or More Stories

Water District - Public

Others

Tax ID 4452023012

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MLS Listing IDX PLUS
Listed by Todd Wohl • Premiere Estates International Real Estate
Bought with Todd Wohl • Premiere Estates International Real Estate

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Paul Locatelli

Broker Associate | License ID: 1348436

+1(831) 750-9795

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