A singular opportunity to create the beach residence of your dreams, this Malibu Road property offers approximately 50 feet of sandy beachfront and a nonstop ocean panorama from Point Dume to the Palos Verdes peninsula. A recent $375,000 structural retrofitting. Configured as four apartments - two two-bedroom oceanfront units, and two one-bedroom units built over the four-car garage spots - all with private entrances and ocean views, the property could be transformed into a spectacular single-family home or a large owner-user unit with one or two rentals or guest accommodations. The existing apartments have high, rustic wood ceilings with exposed beams, view decks, wood floors, and an open-plan layout with plenty of light. The beach-side units each have a fireplace and skylights. An outside stairway leads down to the wide sandy beach and additional storage space beneath the structure. This is a rare opportunity to create a custom home on one of Malibu's most beautiful beaches.
Based on information from California Regional Multiple Listing Service, Inc. as of January 25th, 2020 at 10:32pm CST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.