Trust Sale - First time on market in 40+ years. Rare opportunity to own multifamily in the heart of Malibu across from the famous Carbon Beach "Billionaires Beach" section of Malibu. 13 units, 3 buildings on almost an acre. A redevelopment opportunity or value add opportunity. Proforma income estimated to be 150% higher than existing gross income. A stones throw from the famous Malibu Pier, close to the Country Mart shopping center and right across the street is the beach access through the some of the most valuable oceanfront properties in California. One unit just remodeled. A 3 car garage may be a possible ADU conversion.
Additional Features
- Lot 20000-39999 Sqft
- Three Or More
- Parking spaces: 15.00
- Listing Status: Pending
- Listing Agent: Todd Wohl
(lic# 01912556)
of South Bay
- Listing Office: Premiere Estates International Real Estate
(lic# 01375969)
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Based on information from CRISNet MLS as of 19th May 2024 at 1:46am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
