25216 MALIBU Road, Malibu, CA 90265 (MLS # 18302452)

Price $9,500,000
Status Active
Beds 7
Baths 5 baths
Home size 4,032 sq ft
Lot Size 6,489 sqft
Days on Market 11
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.
Property Type(s): Single Family
Last Updated 1/12/2018 Year Built 1961
Community C32 - Malibu Beach County Los Angeles

Additional Details

AIR See Remarks
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Garbage Disposal, Refrigerator
AREA C32 - Malibu Beach
FIREPLACE Yes
GARAGE Assigned
HEAT See Remarks
LOT 6489 sq ft
POOL DESCRIPTION None
STORIES 0
STYLE Mediterranean
VIEW Yes
VIEW DESCRIPTION Coastline,Panoramic,Ocean,City Lights,White Water,Catalina
ZONING LCR3*

Location

 

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Listing provided by : Jeffrey Chertow CalBRE:00976750, Pinnacle Estate Properties

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