$10,975,000
6bds6ba3580sqft

25426 Malibu Road, Malibu, CA 90265

Property Type

Single Family Residence

Year Built

1957

Price Per sqft

$3066

Please note: the seller can accept an offer at any time.

Description

Take advantage of this rare opportunity to own a multi-unit property on world famous Malibu Road. Fantastic beach and unbelievable views from all units. With approximately 3,600 square feet and set on a roughly 50 ft wide lot, this property boasts a multitude of opportunities for an owner. Keep the property as an income property and collect rents, do a 1031 exchange or even consider the possibility of adding square footage and converting the property to 2 large units or a single family property. Current owner is awaiting approval of an approximate 1700 square foot addition and converting the property to two large townhomes. Come and enjoy the Malibu life style. Located close to all restaurants and shopping.

Location

Features

Laundry

Features:

Common Area

Open parking

Total:

4

Waterfront

Features:

Ocean Front

Presented by

Douglas E. Carroll

Brokered by

Pinnacle Estate Properties

310-456-0880

Broker Location:

Malibu

Data Source:

CRMLS

Source's Property ID:

23311445

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