22467 Pacific Coast Hwy Malibu, CA 90265-5032
- Office buildings
- 1,206 SF
- 0.59 lot acres
Current Use by Public Records
- Office buildings
Property Details for 22467 Pacific Coast Hwy
- Year built
- 1947
- Construction
- WOOD
- Lot size
- 0.59 lot acres
- Property size
- 1,206 SF
- Zone code
- LCCH*
- Property type
- Office buildings
- APN
- 4452-023-010
- APU
- 4452023010
Description
This exceptional Malibu retail property at 22467 Pacific Coast Highway presents a rare investment opportunity. Situated on a substantial 25,821 square foot lot, this 1,206 square foot building boasts 100% occupancy and is currently configured with exposed ceilings, three offices, a kitchen, two bathrooms, a conference room, open areas, and a sauna. Built in 1947, the property is zoned CV1 (Commercial Visitor Serving 1) and features a rare and irreplaceable existing pole sign. This is the first time on the market since 2006, and only the second time in approximately 150 years, making it a truly unique offering. The property offers significant potential for redevelopment, with previously approved plans for an additional approximately 12,650 square feet of ocean view retail/office space. A hillside rear lot provides further development possibilities. An approved and soon-to-be-installed On-site Wastewater Treatment System (OWTS) offers cost savings of approximately $175,000 for the new buyer, conforming to Malibu Municipal code. This is an ideal owner-user opportunity, or a prime investment for those seeking a rare and irreplaceable piece of Malibu's iconic coastline. The asking price is $4,550,000. APN: 4452-023-010.
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Location Insight
- Map
- Local Demand
- City
- Malibu
- County
- Los Angeles
- State
- California
- Longitude
- -118.665
- Latitude
- 34.0402
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA