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Property profile & analytics
FOR LEASE
Office buildings
22761 Pacific Coast Hwy Malibu, CA 90265
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8414420
For Lease
$10,710,000
22761 Pacific Coast Hwy, Malibu, CA 90265
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1980
Construction
CONCRETE
Total area
30,375 SF
Lot
1.48 ac (64,291 SF)
Zoning code
LCC3*
APN
4452-022-014
UPID
US09-8414420
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
-
Great Law Law Firm
-
AirGarage | Public Parking Parking Lot & Garage
-
Shain Robert A MD Physician
-
Same Day Garage Doo'r Repair Corp. Building Supply Hardware & Home Improvement
-
NuAge Energy Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.90M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.71M
Owner & transaction history
Ask Associates LLC · 19 yrs held
Ask Associates LLC
since 2007
7 recorded transactions
Zoning & alternative use
LCC3* · Malibu, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$14.1M
+3.1%
Medical building
$13.8M
+1.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,805,000
6.5%
$10,895,000
7%
$10,120,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$13,625,000
Current use
AUTO REPAIR, GARAGE
$14,050,000
Change: +3% · Conversion: Difficult
MEDICAL BUILDING
$13,810,000
Change: +1% · Conversion: Easy
RETAIL STORES
$11,640,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$10.71M
Range $9.64M – $11.78M · ±10%
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
$353 / 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
$270,169
Tax year 2024
Assessed value
$22,986,618
Assessed 2024
Previous assessed
$22,986,618
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$11,821,688
Assessed improvement
$11,164,930
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
30,375 SF
Lot
1.48 ac (64,291 SF)
Zoning code
LCC3*
APN
4452-022-014
UPID
US09-8414420
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Malibu, CAZoning LCC3* · permitted uses
LCC3* · Malibu, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$13.6M
AUTO REPAIR, GARAGE
Est. value
$14.1M
MEDICAL BUILDING
Est. value
$13.8M
RETAIL STORES
Est. value
$11.6M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1980
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
1.48 ac
Current owner
From public records · entity-resolved
Ask Associates LLC
Entity
Mailing address
9350 WILSHIRE BLVD STE #300, BEVERLY HILLS, CA 90212-3204
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2017
—
Ask Associates LLC
—
Deed
related
$180,000 · Citi Real Estate Funding INC
May 23, 2007
—
Ask Associates LLC
Malibu Vista Partners
Grant Deed
$14,000,000 · Merrill Lynch Mortgage Lending INC
Jun 30, 1995
$4,775,000
Malibu Vista Partners
Liberman,julio D & Ida
Grant Deed
related
—
Jan 21, 1992
—
Julio D Liberman
—
Deed Of Trust
related
—
Sep 27, 1991
$5,700,000
Julio D Liberman
Michael Katz Ent
Grant Deed
$3,000,000 · Far East National Bank
—
—
Malibu Vista Partners
—
Deed Of Trust
related
$3,350,000 · Union Bank Of California
—
—
Julio D Liberman
—
Deed Of Trust
related
$1,000,000 · Dundrel Securities I
—
—
Julio D Liberman
—
Deed Of Trust
related
$560,000 · Bank Leumi Le-israel
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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