31256 Bailard Road, Malibu, CA 90265
List Price: $2.25M
Listing Status: Active
0Days on Market: 3
5 Bedrooms · 3 Bathrooms · 2,984 sq ft
Property Type: Residential
Year Built: 1970
Lot Size: 7,667 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: 26864683
About This Property
Income opportunity - First time on the market in almost 50 years. Western Malibu mid-century duplex with 5 bedrooms and 3 bathrooms. Zoned as a duplex, but currently occupied as three units. The property features two inviting upper residences, each offering 2 bedrooms, 1-bathroom, generous bright living rooms with fireplaces, dining areas, kitchens and spacious multiple private decks that enjoy fresh ocean breezes. 2 car garage below one of the units is currently being used as a gym. Unit downstairs is one bedroom, bathroom, great room with a kitchen, and a carport. Mid-century with sliding glass doors to decks, open beam ceilings and individual laundry hook-ups. All units are in lovely condition and have been kept up quite nicely. Live in Malibu, rent out the second unit or rent out all units. Includes beach rights at Sea Level Drive. These opportunities don't come along often. Rich with classic Old Malibu character, these units capture the relaxed beach lifestyle we all know and love about Malibu. Located just moments from Broad Beach, Zuma Beach, Trancas Country Mart and Point Dume, all of which make this property appealing to rental prospects and potential owners.
Listing provided by: Ellen Francisco DRE #00709314 310-457-6550 ellen@malibuonline.com, Coldwell Banker Realty
Source: CRMLS, MLS #: 26864683
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