Mixed-Use Property with Restaurant
For Sale
Contact for pricing
28925 Pacific Coast Highway, Malibu, CA 90265
Two-level commercial property combines retail, restaurant, office, and service-oriented space with flexible suite configurations.
Property Size7,953 SF
Price / SF$565.82
Days on Market58
Property Features for 28925 Pacific Coast Highway
General Information
Standard status
Active
Size
7,953 SF
Class
B
Total Parking Spaces
30
Property subtype
Retail, Office
Zoning
LACCPD
Investment Type
Value Add
Building Details
Year Built
1980
Buildings
1
Stories
2
Units
7
Tenancy
Multi
Listing Agency:
The Marella Group
Listed By:
Nicholas Oertli · License #CA 02139924
Source:
Crexi
Added: Aug 11
Changed: Oct 2
Last Checked: Oct 7 at 10:19AM
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 The Marella Group
Investment Insights
Based on property information with market context.
This 7,953-square-foot mixed-use commercial property, built in 1980, includes ground-floor retail and restaurant space along Pacific Coast Highway. The configuration features a built-out restaurant with patio, boutique retail suites, and spaces that can be combined for larger concepts. The second level includes office and service-oriented retail space, along with access to a common deck of approximately 1,000 SF overlooking the highway.
The property is located at 28925 Pacific Coast Highway in Malibu and is zoned LACCPD. Nearby destinations identified in the property information include Paradise Cove, Geoffrey's, Zuma Beach, Spruzzo, and Point Dume Village, which includes Pavilions, Starbucks, Sunlife Organics, and Lily's. Several spaces are available or expected to become available soon.
The property is located at 28925 Pacific Coast Highway in Malibu and is zoned LACCPD. Nearby destinations identified in the property information include Paradise Cove, Geoffrey's, Zuma Beach, Spruzzo, and Point Dume Village, which includes Pavilions, Starbucks, Sunlife Organics, and Lily's. Several spaces are available or expected to become available soon.
Key Highlights
- 7,953 SF mixed‑use property at 28925 Pacific Coast Highway in Malibu
- Ground‑floor retail and restaurant spaces include a built‑out restaurant with patio
- Second‑floor office and service‑oriented retail space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,525
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,770,500
$3.8M
Cap Rate 7%
$2,693,214
$2.7M
Cap Rate 9%
$2,094,722
$2.1M
Market Conditions
NOI Build-Up for 7,953 SF
Gross rent
$269.1K $33.84/SF
− Vacancy
−$17.8K −$2.23/SF
EGI
$251.4K $31.61/SF
− OpEx
−$62.8K −$7.90/SF
NOI
$188.5K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,770,500
Cap Rate 7%
$2,693,214
Cap Rate 9%
$2,094,722
Alternative Uses
Best Use
Specialty Retail
$2.69M
$2.36M – $3.14M
NOI $188,525 @ 7.0% cap · market cap 4.19%
Second Best
Retail
$2.51M
$2.20M – $2.93M
NOI $175,957 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,060 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
415
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial property combines retail, restaurant, office, and service-oriented space with flexible suite configurations.
Where is this mixed-use property located?
The property is located at 28925 Pacific Coast Highway Malibu, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 7,953 SF mixed‑use property at 28925 Pacific Coast Highway in Malibu; Ground‑floor retail and restaurant spaces include a built‑out restaurant with patio; Second‑floor office and service‑oriented retail space
