25316 MALIBU ROAD, MALIBU, CA 90265

  • 6 beds
  • 6.00 baths
  • 3,108 sqft
  • Lot Size: 8,021 sqft
  • MLS #19426288
For Sale $8,450,000

Description

A singular opportunity to own a piece of treasured California coastline. This quiet off-highway oceanfront property offers apx. 50 ft of sandy beachfront & a nonstop ocean panorama from Point Dume to the Palos Verdes peninsula. Four rental units - two two-bdrm oceanfront units, & two set back one-bdrm units - all have private entrances & sensational ocean views. Contemporary design for beach living features high wood ceilings w/exposed beams, view decks, wood floors, cook's kitchens, & an open-plan layout w/plenty of light. The two-bdrm units each w/wood-burning FP & skylights. An outside stairway leads down to the wide sandy beach/a shower & add'l storage space beneath. This is a highly desirable income property w/future potential as a spectacular single family home or a large owner-user unit with one or two rentals or guest accommodations. In any configuration, this is one of Malibu's most appealing locations. "Long term rent roll: $45,000; Short term rent roll: $58,000 (per owner)."

FACTS / FEATURES

  • Residential, Single Family Residence
  • Lot Size: 8,021 sqft
  • Style: See Remarks
  • View: Coastline, Panoramic, Ocean, City Lights, White Water, Catalina
  • Cooling: None
  • Heating: Wall Furnace

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Listing Provided by Christopher Cortazzo, Coldwell Banker Residential Br
Based on information from California Regional Multiple Listing Service, Inc. as of December 13, 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.