List Price: $4.85M

Listing Status: Active

Days on Market: 3

8 Bedrooms · 8 Bathrooms · 4,858 sq ft

Property Type: ResidentialIncome

Year Built: 1967

Lot Size: 12,292 sq ft

Garage Spaces: 6

MLS Number: 26692929

About This Property

Perched along the iconic Malibu coastline, this exceptional 4-unit complex offers a rare blend of luxury, income potential, and breathtaking ocean views. Each spacious unit features approximately 1,200 square feet of thoughtfully designed living space, complete with 2 bedrooms and 2 bathrooms. All units boast sweeping ocean views from the living room, primary bedroom, and kitchen, creating a serene coastal living experience throughout. Interiors are well-appointed with hardwood or tile flooring, remodeled kitchens, and in-unit washers and dryers for added convenience. Expansive private decks extend the living space outdoors, perfect for enjoying sunsets and ocean breezes. The property includes garage parking for residents, enhancing both comfort and security. One unit is currently leased at $6,500 per month on a long-term basis, providing immediate, stable income. Two units are vacant, offering flexibility for additional leasing at market rates or owner occupancy, while the fourth unit is currently owner-occupied. This is a unique opportunity to own a prime Malibu investment property with strong rental upside, desirable unit layouts, and premium coastal amenities. Ideal for investors or owner-users seeking a trophy asset in one of Southern California's most coveted beach communities.

Property Photos