22147 Pacific Coast Highway , Malibu, CA - 90265 is For Sale

  • 21690448
  • 21690448
$7,400,000· Income 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.

Features

MLS#: 21690448
List Price : $7,400,000
Total Units : 8
Gross Operating Income : $294,000
Net Operating Income : $164,245
Sq M : 1,862 M2
Year Built : 1949
Days on market : 72 Days
Gross taxes : N/A
Address : 22147 Pacific Coast Highway
City : Malibu
State : CA
Zip Code : 90265
Neighborhood : N/A
Stories : 2
Parking Features : None
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $7,400,000
Acres : 0.46
Lot Size (Acres) : 0.46
Parking Features : None
Pool Desc : None
Cooling : None
Driving Directions : Walking distance from Nobu on Pacific Coast Highway
 
Courtesy of : Chase Simonton , RE/MAX One

Location

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