22357 Pacific Coast Highway, Malibu, CA 90265
List Price: $3.15M
Listing Status: Active
0Days on Market: 0
6 Bedrooms · 6 Bathrooms · 3,558 sq ft
Property Type: ResidentialIncome
Year Built: 1961
Lot Size: 7,883 sq ft
MLS Number: 26987323
About This Property
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.
Listing provided by: David Saghian DRE #01992252 310-425-9838 dsaghian@lyonstahl.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26987323
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.