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    22147 Pacific Coast Hwy

    Malibu, CA 90265
    • $7,400,000
    • STATUS: Active
    • ON SITE: 130 days
    • MLS #: 21-690448
    UPDATED: 14 min ago
    $7,400,000
    • 8
      BEDS
    • 0.46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,084
      SQFT
    • $1,456
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:
    Area:

    School Ratings & Info

    Description

    22147 Pacific Coast Hwy is part of "The Queens Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 22147 Pacific Coast Hwy is a trophy property with a large community patio and ocean views from the units. Located on the hillside directly across from Carbon Beach, better known as Billionaires Beach in Malibu, the subject property is walking distance to the world famous Nobu, V's Restaurant, the Santa Monica Pier, and Soho House. Rarely does a multi-family property come to market in Malibu, so take advantage of the opportunity to own your 20,000 SF piece of prime Malibu investment real estate.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T07:42:27.913. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.deserthouseseekers.com/homes/114037720
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    22147 Pacific Coast Hwy Malibu, CA 90265

    • Price: $7,400,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: 21-690448
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.46
    Acres
    5,084
    SQFT
    $1,456
    $/SQFT
    1949
    Built
    Neighborhood:
    Malibu
    County:
    Los Angeles
    Area:
    Malibu
    Property Description
    22147 Pacific Coast Hwy is part of "The Queens Necklace Portfolio," a 3-building, class-A asset group of apartment buildings located in Malibu and Santa Monica. 22147 Pacific Coast Hwy is a trophy property with a large community patio and ocean views from the units. Located on the hillside directly across from Carbon Beach, better known as Billionaires Beach in Malibu, the subject property is walking distance to the world famous Nobu, V's Restaurant, the Santa Monica Pier, and Soho House. Rarely does a multi-family property come to market in Malibu, so take advantage of the opportunity to own your 20,000 SF piece of prime Malibu investment real estate.
    Exterior Features

    Lot Size Area 20038 Other Structures None Parking Garage None Pool Description None Pool YN No Total Parking 8

    Interior Features

    Baths Total 8.00 Cooling None Equipment None Heating Wall Gas

    Property Features

    Assessed Total Value 4489039 Gross Income 294000 Gross Operating Income 294000 Like Units1 8 Net Operating Income 164245.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 129755 Type Of Units 1+1 Year Built Source Vendor Enhanced Zoning Lcr3*

    Listing provided courtesy of Chase Simonton DRE#01766871 of Re/Max One.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T07:42:27.913. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    75486 Augusta Drive
    Indian Wells CA, 92210