20058 Pacific Coast Hwy Malibu, CA 90265

Listing agent Paul Grisanti License #00621552 Show Phone

Listing office Pinnacle Estate Properties p***@pinnacleestate.com 23733 Malibu Rd. Suite 500, CA Show Phone

Listing date Feb 11, 2026

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MLS# 26650919 Listing URL

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Investment Insights

Based on property information with market context.

This property, located in Malibu, California, was previously the site of a three-story duplex with 4 bedrooms and 3 bathrooms, encompassing 2,732 square feet. Constructed in 1957, the duplex was destroyed by the Palisades fire in January 2025. The seller has determined that the insurance coverage is insufficient to replace the duplex while meeting current code upgrade requirements. However, fire replacement codes permit a new structure of 2,975 square feet, which is 10% larger than the original, plus a 440-square-foot garage. The design also incorporates 735 square feet of decks. The design allows for flexibility, as it can be utilized as either a duplex or a single-family dwelling by opening a connecting door. A coastal permit is not required for rebuilding due to the Governor's order. Architectural renderings of the proposed house are available for review by appointment with Vitus Matare & Assoc. The lot size is approximately 0.0512 acres.

Key Highlights

• Approved plans for a new, larger structure of 2,975 sq ft with a 440 sq ft garage.
• Design offers flexibility for a duplex or single‑family home.
• No Coastal Permit needed for rebuild.

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FAQs

What type of property is this?

Residential land & home lot - Land in Malibu with approved plans for a new structure.

Where is this residential land & home lot located?

The property is located at 20058 Pacific Coast Hwy Malibu, CA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Approved plans for a new, larger structure of 2,975 sq ft with a 440 sq ft garage.; Design offers flexibility for a duplex or single‑family home.; No Coastal Permit needed for rebuild.