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Property profile & analytics
OFF-MARKET
Estimated value
$9,735,000
Schools
24255 Pacific Coast Hwy Malibu, CA 90263-3999
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8660706
Property profile
Verified
Property type
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Year built
1983
Construction
WOOD
Total area
78,344 SF
Lot
1.7 ac (73,853 SF)
Zoning code
LCA11*
APN
4458-037-027
UPID
US09-8660706
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
-
Pepperdine University Bookstore Clothing Store Book Store
-
University Church of Christ Church
-
Pepperdine Graziadio Business School - Malibu Vocational School Training Center
-
Pepperdine School of Public Policy Graduate School
-
Villa Graziadio Executive Center University Conference Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.74M
Owner & transaction history
David R Young · 5 yrs held
David R Young
since 2021
Last sale
$9.7M
2 recorded transactions
Zoning & alternative use
LCA11* · Malibu, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$13.0M
+852.7%
Restaurant
$12.2M
+795.9%
Auto repair, garage
$12.0M
+780.6%
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
$9,535,000
ML approach
$9,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$12,980,000
Change: +853% · Conversion: Difficult
RESTAURANT
$12,205,000
Change: +796% · Conversion: Difficult
AUTO REPAIR, GARAGE
$12,000,000
Change: +781% · Conversion: Difficult
RETAIL STORES
$9,145,000
Change: +571% · Conversion: Difficult
MEDICAL BUILDING
$8,600,000
Change: +531% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,370,000
Change: +441% · Conversion: Difficult
Blend value · Realmo final
$9.74M
Range $8.76M – $10.71M · ±10% · vs last sale $9.73M (May 17 2021)
Last sale anchor
$9.73M
May 17 2021
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
$124 / 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
$61,463
Tax year 2024
Assessed value
$9,932,855
Assessed 2024
Previous assessed
$9,932,855
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$182,515
Assessed improvement
$9,750,340
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Schools
Use group
COLLEGE, UNIVERSITY, VOC SCHOOL
Status
Off-Market
Year built
1983
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
4
Stories
1
Units
77
Bathrooms
38
Total area
78,344 SF
Lot
1.7 ac (73,853 SF)
Zoning code
LCA11*
APN
4458-037-027
UPID
US09-8660706
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA11* · Malibu, CA
Zoning LCA11* · permitted uses
LCA11* · 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
OFFICE BUILDING
Est. value
$13.0M
RESTAURANT
Est. value
$12.2M
AUTO REPAIR, GARAGE
Est. value
$12.0M
RETAIL STORES
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$7.4M
OFFICE BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1983
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
77
Bathrooms
38
Lot
1.7 ac
Current owner
From public records · entity-resolved
David R Young
Individual
Mailing address
24255 PACIFIC COAST HWY, MALIBU, CA 90263-3999
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2021
$9,725,000
David R Young
Adam B Stern
Grant Deed
$7,293,750 · Citibank NA
Mar 2, 1972
—
Pepperdine University
—
Grant Deed
related
—
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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