Malibu, CA 90265,25216 MALIBU RD

$8,275,000

Est. payment /mo

$8,950,000

7.5%
Est.Price: ?

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25216 MALIBU RD Malibu, CA 90265

7 Beds

5 Baths

4,032 SqFt

SOLD DATE : 09/26/2018

Key Details

Sold Price $8,275,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $2,052

MLS Listing ID 18302452

Sold Date 09/26/18

Bedrooms 7

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1961

Property Description

Incredible opportunity to own this rare beachfront triplex on 50 feet of prime Malibu Road. Stunning penthouse spanning the entire upper level offers an oceanfront great room with fireplace, great dining area and gourmet kitchen, all open to an expansive outdoor deck. The penthouse has 3 bedrooms, 2 baths and private laundry room. There are two lower units, each with 2 bedrooms, one with 1 bath and the other with 1.5 baths. They both have open living and kitchen spaces and private oceanfront decks. The property also has two 1 car private garages, and one 2 car garage with ample parking in front of the garages or street parking. Great owner user while having rental income or current owners are in process with Lester Tobias AIA to turn into a fantastic single family residence. All three units are currently occupied month to month. Perfect for a 1031 tax exchange as well.

Location

State CA

County Los Angeles

Area C32 - Malibu Beach

Zoning LCR3*

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Heating See Remarks

Cooling See Remarks

Flooring Carpet, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Refrigerator

Laundry Inside

Exterior

Garage Assigned

Pool None

View Y/N Yes

View Catalina, City Lights, Coastline, Ocean, Panoramic

Parking Type Assigned

Private Pool No

Building

Architectural Style Mediterranean

Others

Tax ID 4459015017

Special Listing Condition Standard

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Mike And Mary Jafarkhani

Mike And Mary Jafarkhani

+1(949) 533-5040

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Jeffrey Chertow • Pinnacle Estate Properties
Bought with Alex Galuz • Crescent Real Estate Corporati

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

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