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Property profile & analytics
OFF-MARKET
Estimated value
$4,250,000
Apartment buildings
22147 Pacific Coast Hwy Malibu, CA 90265-5071
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8414406
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1949
Construction
WOOD
Total area
5,084 SF
Lot
0.46 ac (20,004 SF)
Zoning code
LCR3*
APN
4451-008-010
UPID
US09-8414406
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Malibu Cove Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.25M
Owner & transaction history
Valley Star Property Investments Ll · 2 yrs held
Valley Star Property Investments Ll
since 2024
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
LCR3* · Malibu, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+146.9%
Neighborhood: shopping center
$3.1M
+130.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Malibu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malibu submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$4,250,000
ML approach
$4,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,310,000
Change: +147% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,095,000
Change: +131% · Conversion: Difficult
Blend value · Realmo final
$4.25M
Range $3.83M – $4.68M · ±10% · vs last sale $4.25M (May 21 2024)
Last sale anchor
$4.25M
May 21 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$836 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$61,780
Tax year 2024
Assessed value
$5,109,354
Assessed 2024
Previous assessed
$5,109,354
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$4,176,345
Assessed improvement
$933,009
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
YES
Units
8
Bathrooms
8
Total area
5,084 SF
Lot
0.46 ac (20,004 SF)
Zoning code
LCR3*
APN
4451-008-010
UPID
US09-8414406
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCR3* · Malibu, CA
Zoning LCR3* · permitted uses
LCR3* · Malibu, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malibu. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$3.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1949
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
8
Bathrooms
8
Lot
0.46 ac
Current owner
From public records · entity-resolved
Valley Star Property Investments Ll
Entity
Mailing address
1 CENTERPOINTE DR STE #400, LA PALMA, CA 90623-2530
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2024
—
Valley Star Property Investments Ll
Valley Star Property Investments Ll
Intrafamily Transfer
related
$2,000,000 · Jpmorgan Chase Bank NA
May 26, 2017
—
Valley Star Property Investments Ll
—
Deed
related
$2,300,000 · Jpmorgan Chase Bank NA
May 30, 2014
$4,250,042
Valley Star Investments LLC
Eugen Nissel LLC
Grant Deed
$1,900,000 · Jpmorgan Chase Bank NA
Nov 10, 2008
—
Eugen Nissel LLC
Wilshire Skyline Const LLC
Grant Deed
—
Sep 25, 2008
$3,200,000
Wilshire Skyline Const LLC
Billionaires Beach Club Of Malibu
Grant Deed
—
Sep 25, 2008
—
Billionaires Beach Club Of Malibu
Goldstein Family Trust
Grant Deed
—
Apr 5, 2006
—
Goldstein Family Trust
Mcloughlin,kerry S
Grant Deed
$1,950,000 · East West Bank
Jun 4, 2004
—
Kerry S Mcloughlin
Sagamore Hill Two LLC
Grant Deed
$1,032,500 · First Federal Bank Ca
Jan 28, 2004
—
Sagamore Hill Two LLC
Miller,scott G
Quit Claim Deed
related
—
Aug 26, 2003
—
Scott G Miller
Miller,tr
Quit Claim Deed
related
$1,150,000 · Quaker City Bank
May 1, 2001
—
Miller,scott G & Lisa M Tr
Miller,s G & L M
Quit Claim Deed
related
—
Mar 8, 2001
$421,127
Miller,scott G & Lisa M
Zacky,ronald A & Sandra L
Trustees Deed
$875,000 · Abn Amro Mortgage Group INC
Mar 8, 2001
$842,372
Miller,scott G & Lisa M
Peris,david
Trustees Deed
—
Feb 13, 1990
$638,000
Zacky Ronald A Co Tr Et Al
Unknown
Trustees Deed
—
Dec 26, 1972
$125,000
—
—
Grant Deed
related
—
—
—
Zacky Trust
—
Deed Of Trust
related
$603,435 · Marathon National Bank
—
—
Peris
—
Deed Of Trust
related
$100,000 · Romar Financial
—
—
Eugen Nissel LLC
—
Deed Of Trust
related
$1,824,000 · Sovereign Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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