31454 Broad Beach Rd Malibu, CA 90265
- Commercial real estate
- 8,795 SF
Current Use by Public Records
- Commercial real estate
Property Details for 31454 Broad Beach Rd
- Year built
- 1992
- Property size
- 8,795 SF
- Property type
- Commercial real estate
- APN
- 4470-017-062
Description
This exceptional Malibu office property, located at 31454 Broad Beach Rd, offers unparalleled ocean views and direct beach access. The 8,795 square foot building, constructed in 1992 and renovated in 2007, boasts three stories and sits on an 11,264 square foot lot (APN: 4470-017-062). The property features a private infinity-edge pool and spa, multiple spacious outdoor decks, a THX-certified theater room, and a 2,500-bottle world-class wine cellar with a separate tasting room. Additional amenities include a gym/recording studio. The expansive living room, dining area, and gourmet kitchen seamlessly flow onto a large deck with sliding glass doors that open to showcase breathtaking coastal views. A luxurious master suite includes a separate sitting area, fireplace, and a master bath with floor-to-ceiling marble and dual showers. Currently leased until December 31, 2027, this property provides substantial short-term income and qualifies for a 1031 exchange. Situated on the western end of Broad Beach, it benefits from minimal sand replenishment requirements and is connected to public sewer. The asking price is $19,750,000 ($2,245.59 per square foot). This is a rare opportunity to acquire a truly exceptional Malibu property. The modified gross lease structure means the tenant covers all maintenance expenses.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Malibu
- County
- Los Angeles
- State
- California
- Longitude
- -118.8595666
- Latitude
- 34.0357832
