13 UNIT APARTMENT COMPLEX WITH 3 SEPARATE BUILDINGS ACROSS FROM CARBON – BILLIONAIRES BEACH
ON A 1 ACRE SITE FOR DEVELOPMENT OPPORTUNITY

22445-22455 Pacific Coast Highway | Malibu, CA 90265

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