Price
$ 4,250,000

20120 PACIFIC COAST Highway, Malibu, CA 90265  

20120 PACIFIC COAST Highway, Malibu, CA 90265  

Unit #1 was originally a two bedroom townhouse but is now 2 - 1 bedroom units. It can easily be converted back to a two bedroom townhouse. This impeccably designed oasis is located on prestigious Malibu beach with sweeping oceanfront views of Palos Verdes, Catalina, and Pt. Dume. This property offers a rare opportunity to own income property in Malibu! Breathe in the fresh ocean air on your private balcony while basking in the afternoon sun. This unique oasis offers 4 updated, 1BD + 1BA apartments with private balconies in every unit. Three units are located on top and one is located beneath, which stretches across the entire width of the building. Perfect for investors, value-adders, or owner-users, this property has it all! Not subject to LA rent control, upside in rents, and separately metered. With tenant on-site parking, this Malibu retreat is a special opportunity you don't want to miss out on!

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Listing Type
Multi-Family
Listing ID
16982903
Listing Status
Active
Year Built
1948
County
Los Angeles
Floors
0
Units
3
Zoning
MA-SF-M*
TaxID
4450002040
Listing courtesy of Sally Forster Jones~John Aaroe Group
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    Listing Information Provided By:
    RE/MAX ESTATE PROPERTIES
    620 Santa Monica Blvd Ste B Santa Monica, CA 90401 | Phone: (310) 264-2225
    RE/MAX ESTATE PROPERTIES is licensed in the state of California CalBRE License #: 01879720
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.