$5,600,000
$5,950,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
25316 MALIBU RD Malibu, CA 90265
6 Beds
6 Baths
3,108 SqFt
Key Details
Sold Price $5,600,000
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,108 sqft
Price per Sqft $1,801
MLS Listing ID 14762301
Sold Date 01/09/15
Bedrooms 6
Full Baths 4
Half Baths 2
HOA Y/N No
Year Built 1958
Lot Size 8,015 Sqft
Acres 0.184
Property Description
First time on market in over 30 years! Rare opportunity to purchase this Prime 50+/- feet of Malibu Road ocean front 4 UNIT APARTMENT BLDG on sandy beach! Unit configuration is as follows: Two units are ocean front with 2 bedrooms and 1.5 baths each and two units are 1 bedroom 1 bath above the 4 car garage with fantastic ocean views.Owner says current income is $17,000/mo gross. 3 out of 4 units are on month to month rental. This is an ideal owner/user with possibility to turn the beachfront units into an amazing owners residence and still have two income producing units, guest suites or home offices. OR many of these Malibu Rd properties in the recent past, have been transformed into phenomenal single family residences. -Showings Mondays & Wednesdays only between 10am -2 PM with 24 hr. notice. PLEASE do not disturb tenants.
Location
State CA
County Los Angeles
Area C32 - Malibu Beach
Zoning LCR3*
Rooms
Ensuite Laundry CommonArea, SeeRemarks
Interior
Laundry Location CommonArea,SeeRemarks
Heating WallFurnace
Cooling None
Fireplaces Type LivingRoom
Fireplace Yes
Laundry CommonArea, SeeRemarks
Exterior
Garage Covered, Driveway
Garage Spaces 4.0
Garage Description 4.0
View Y/N Yes
View CityLights, Coastline, Ocean
Parking Type Covered, Driveway
Attached Garage No
Total Parking Spaces 4
Building
Sewer SepticTank
Architectural Style Traditional
Others
Tax ID 4459016015
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Cash,CashtoNewLoan
Special Listing Condition Standard
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Bought with Paul Woodman • Pritchett-Rapf & Associates