Malibu, CA 90265,22041 PACIFIC COAST HWY

$2,460,000

Est. payment /mo

$2,980,000

17.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

22041 PACIFIC COAST HWY Malibu, CA 90265

4,840 SqFt

SOLD DATE : 08/12/2016

Key Details

Sold Price $2,460,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,840 sqft

Price per Sqft $508

MLS Listing ID 16116124

Sold Date 08/12/16

HOA Y/N No

Year Built 1963

Property Description

Rare income property in a great Malibu location, steps to Carbon Beach access.The building is a legal 4 unit operating as 6 Units. Unit #5 is non-conforming and is rented at $675 (the income is not included in calculations). Unit #6 is a bachelor; one bed room was split off from and is legal leasable sq, footage. Units 1 - 4 have wood burning fireplaces, balconies and single garages. Two of the units have been extensively upgraded with duel-pane windows, dishwashers, and granite and tiled counter tops. The two upper units have vaulted ceilings and ocean views. A new septic system was recently installed and a City Operating Permit obtained. A new 75 gallon water heater was installed in May 2015. There is laundry on-site (leased month to month). Unit two is leased until 2/27/17.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR3*

Interior

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Garage Concrete, DoorSingle, Garage

Parking Type Concrete, DoorSingle, Garage

Total Parking Spaces 8

Building

Story 2

Others

Tax ID 4451007014

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
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 Anne Baber • AOA Commercial Brokerage
Bought with Anne Baber • AOA Commercial Brokerage

Mike And Mary Jafarkhani

Broker Associate | License ID: 00999447

+1(949) 533-5040

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.