22357 Pacific Coast Hwy, Malibu, CA 90265
- $3,150,000
- 6
- BD
- 6
- BA
- 3,558
- SqFt
- List Price
- $3,150,000
- MLS#
- 26987323
- Year Built
- 1961
- Bedrooms
- 6
- Bathrooms
- 6
- Living Sq. Ft
- 3,558
- Lot Size
- 7,883
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- 2
Property Description
22357 Pacific Coast Highway presents a rare four-unit investmentopportunity in prime Malibu, ideally positioned just steps from the beach and minutes from some of the area's most sought-after dining, shopping, and lifestyle destinations, including Nobu Malibu and Cross Creek Ranch. The property is fully furnished and features an attractive unit mixconsisting of two (2) two-bedroom, two-bathroom units and two (2) one-bedroom, one-bathroom units. With statewide rent control applicable in Malibu, the property offers investors an opportunity to own a well-located multifamily asset in one of Southern California's most supply-constrained coastal markets. Multifamily properties of this size rarely become available in Malibu, with only four multifamily transactions of fewer than 16 units occurring over the past four years. The area's historically low turnover and significant barriers to new supply further enhance the long-term value of the offering. In addition to its investment appeal, 22357 Pacific Coast Highway may present an exceptional owner-user opportunity, with the potential to utilize residential financing while enjoying the benefits of living in Malibu andgenerating income from the remaining units.
Additional Information
- Other Buildings
- None
- Heat
- Central
- Cooling
- Ceiling Fan
- Number of Cars in Garage
- Tandem
Mortgage Calculator
Courtesy of Lyon Stahl Investment Real Estate, Inc., David Saghian - CA DRE#01992252
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