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.
Additional Features
- Partial
- Forced Air
- Central
- Wood
- Deck
- Two
- Trees/Woods
- Parking spaces: 5.00
- Listing Status: Active
- Listing Agent: Ellen Francisco
(lic# 00709314)
of Malibu
- Listing Office: Coldwell Banker Realty
(lic# 00616212)
- CO-Listing Agent: Brian Merrick
(lic# 01204107)
of Malibu
- CO-Listing Office: Coldwell Banker Realty
(lic# 00616212)
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Based on information from CRISNet MLS as of 9th August 2026 at 1:18am. 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.
