Investment Highlights

• 13 unit apartment complex with 3 separate buildings
• Across from Carbon – Billionaires Beach0
• On a 1 acre site for development opportunity
• Both properties are sold together
• The property is being sold in AS IS condition
• Seller will not make any repairs
• Buyer will execute hold harmless addendum
• Buyer to provide proof of funds with offer
• Buyer deposit upon acceptance of offer is 3% of purchase price

Investment Overview

• Property Address: 22445-22455 Pacific Coast Highway, Malibu, CA 90265
• Total Units: 13
• Total Buildings: 3
• Included:
  • 11 Covered Parking Spaces
  • 1 Uncovered Parking Space
  • 3 Car Garage
  • Electric and Gas are individually metered
  • Landlord pays for water disposal and septic
  • West Driveway has an easement with neighboring property owner
  • Each unit has working wood/gas fireplace
• 22445 PCH – DUPLEX
  • Bedrooms – each unit: 1
  • Bathrooms – each unit: 1
  • Building Square Footage: 1,290 SF
  • Lot Square Footage: 2,895 SF
  • APN#: 4452-023-012
  • Zoning: LCR3
• 22449 PCH – TRIPLEX
  • Bedrooms – each unit: 1
  • Bathrooms – each unit: 1
  • Building Square Footage 1,500 SF
  • Lot Square Footage 14,699 SF
  • APN# 4452-023-013
  • Zoning LCR3
• 22455 PCH – 8 UNIT APARTMENT COMPLEX
  • Bedrooms – each unit: 1
  • Bathrooms – each unit: 1
  • Building Square Footage: 5,100 SF
  • Lot Square Footage: 25,641 SF
  • APN#: 4452-023-011
  • Zoning: LCR3