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Property profile & analytics
OFF-MARKET Estimated value $5,985,000
Community centers

23401 Civic Ctr Way Malibu, CA 90265-4800

39,481 SF 5.96 ac lot Built 2019
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8723374
Property summary
AI-generated overview

This exceptional 945-square-foot retail storefront is ideally situated at 23401 Civic Center Way, Suite 1C, in the vibrant city of Malibu, California, within Los Angeles County. The property is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire space. Classified as a retail storefront with multiple tenancy capabilities, this property offers significant potential for a variety of businesses. The address is conveniently located in Malibu, zip code 90265, providing excellent access to the area's thriving community and high volume of foot traffic. The building's total square footage is 945 square feet, all of which is currently available for lease. This presents a blank canvas for a business seeking to establish a strong presence in this desirable coastal location. The property is categorized as retail and is specifically a storefront type. This space is perfect for a business looking for high visibility and accessibility in a prime Malibu location. The property is ready for immediate occupancy, allowing for a quick start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 2019
Construction TILT-UP CONCRETE
Total area 39,481 SF
Lot 5.96 ac (259,819 SF)
Zoning code LCC2*
APN 4458-022-030
UPID US09-8723374
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
  • Blue Bottle Coffee Cafe & Coffee Shop
  • Howdy's Restaurant
  • Sparky’s Sports Bar Bar & Pub
  • Sorenity Rocks Malibu (Bike/Boat/Book/etc) Store
  • Unity Service Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.99M
Owner & transaction history
Market Park Center LLC · 2 yrs held
Market Park Center LLC
since 2024
2 recorded transactions
2024
Price N/A
2021
Price N/A
Zoning & alternative use
LCC2* · Malibu, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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