Beachfront
For Sale
$1,950,000
19836 Pacific Coast Highway, Malibu, CA 90265
Legal three-unit property with beach frontage and an additional fire rebuild option.
Property Size5,316 SF
Price / SF$366.82
Days on Market475
Property Features for 19836 Pacific Coast Highway
General Information
Standard status
Active
Size
5,316 SF
Property subtype
Land Lot
Zoning
MA-SF-M*
Additional Details
Multifamily Units
3
Amenities
No
Listing Agency:
Coldwell Banker Realty
(310) 600-6692
Listed By:
Daniel Moss · License #01929872
(310) 600-6692
Source:
Compass
Added: May 13, 2025
Changed: Aug 29
Last Checked: Aug 29 at 10:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This legal triplex contains 2,243 sq ft and includes an additional 10% fire rebuild option. The property offers 84 feet of beach frontage at 19836 Pacific Coast Highway in Malibu, California. Zoning is MA-SF-M*.
Key Highlights
- Legal triplex with 2,243 sq ft
- 84 feet of beach frontage
- Additional 10% fire rebuild option
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,836
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,856,720
$1.9M
Cap Rate 7%
$1,326,229
$1.3M
Cap Rate 9%
$1,031,511
$1.0M
Market Conditions
NOI Build-Up for 5,316 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$143.5K $27.00/SF
− Vacancy
−$10.9K −$2.05/SF
EGI
$132.6K $24.95/SF
− OpEx
−$39.8K −$7.48/SF
NOI
$92.8K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,856,720
Cap Rate 7%
$1,326,229
Cap Rate 9%
$1,031,511
Alternative Uses
Best Use
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $92,836 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,539 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,232 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
36
Businesses Nearby
Explore this area
Business Placement
Demographics for 90265, CA
15,186
Population
8,642
Households
1.8
Avg Household Size
51
Median Age
71%
College-Educated
98%
High-School Grad
111.0 sq mi
ZIP Area
137
Density / Sq Mi
$191,080
Median Household Income
$72,420
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Legal three-unit property with beach frontage and an additional fire rebuild option.
Where is this triplex located?
The property is located at 19836 Pacific Coast Highway Malibu, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Legal triplex with 2,243 sq ft; 84 feet of beach frontage; Additional 10% fire rebuild option
