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Key Details
Sold Price $1,075,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $767
MLS Listing ID 22184149
Sold Date 12/31/22
Bedrooms 3
Full Baths 1
Three Quarter Bath 1
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1947
Lot Size 7,104 Sqft
Lot Dimensions Assessor
Property Description
Showings are by appointment with Listing Agent only. 1,400 Square Foot + Unfinished Garage Currently Vacant Commercial Building divisible in to two (2) Units. Currently zoned MF - Multi-Family. Conversion to single family residential is possible due to it being a permitted use under the current zoning. 1000 Feet from Pacific Coast Highway and world famous Duke's Restaurant with the rare benefits of less PCH traffic and being walking distance to the ocean. Take advantage of the unique opportunity to buy the cheapest commercial property in Malibu! Malibu is a hot market. Lowest Price Multi-Family or Commercial In Malibu! I get a lot of calls. Seller is motivated and looking for a qualified buyer. All offers are welcome. Rare for sale House 3 bedroom + 2 bathroom 1000 feet to Ocean and Duke restaurant. Needs TLC. Needs a new septic tank +new windows. Big potential Architect can help Possibility to build a second story by the code. Property Type: Multi-Family Single Family and Commercial Office: Parcel #: 4450-026-079 Building SF: 1400 SF - 1947 to 1956 Land SF: 7104 SF Land Dimensions: 64' x 112'Land Dimensions (Depth): 148 on the South to 165 Feet Deep on the North Land Dimensions (Width/Frontage): 64 Feet on Las Flores and 32 Feet in the rear. Zoning: Multi-family Zoned. Residential Possible. Price is $1,590,000,00. Owner will carry $590,000.00 for 3 years with $1 Million Down. One-of-a-kind-Rare Owner User Office or Multi-Family or Single Family Investment Opportunity in Malibu! Former Iconic Malibu Times Headquarters! Existing Vacant Office Building Property for Sale in Malibu. Lowest Price Multi-Family or Commercial In Malibu! Zoning: Multi-family Zoned. Office or Single Family Residential Use Possible. Malibu is a hot market. I get a lot of activity and calls. Seller is Motivated and looking for solid qualified buyers. All offers are welcome. Escape with your family relocate your home or business to the beautiful city of Malibu. Ideal for Multi-Family or Architect or Upscale Office for Thriving Business. Perfect Peaceful Place to Escape your next Home Paradise. 3 offices/rooms/areas. 2 bathrooms. Flooring: new tile + new solid wood. small backyard garden with unlimited possibilities Tile roof 5 parking spaces Approximately 1,000 Feet North of Pacific Coast Highway/Ocean/Dukes Restaurant on Las Flores Canyon Road Between Topanga Canyon Road and Malibu Canyon Road/Las Virgenes Canyon Road1000 feet to the Ocean/Duke restaurant. Owner User/Investor Buyer Options: 1) This property can be used as an office 2) Can be rebuilt as a 2 story residential Home building 3) This property can be converted into residential multifamily units. Property Needs TLC. Demo permit process good for 2 years in progress ok. Septic Current 1000 Gallon Tank. Permit process good for 2 year in progress ok. For future single family 3 + 2 - 2,000 gallons would be required. Drywall violation cleaning in progress. Owner's architect and expeditor can help. This property is zoned Multi-family (MF). A dropbox link with files and pictures and the City of Malibu Municipal Code link are available upon request.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCC2*
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating None
Cooling None
Flooring Tile
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Inside
Exterior
Garage Attached Carport, Carport, One Space, On Street, Uncovered
Pool None
View Y/N Yes
View Canyon
Roof Type Composition,Shingle,Tile
Porch Covered, Front Porch
Parking Type Attached Carport, Carport, One Space, On Street, Uncovered
Attached Garage Yes
Total Parking Spaces 5
Private Pool No
Building
Lot Description Yard
Faces North
Story 1
Foundation Raised, Slab
Sewer Septic Type Unknown
Architectural Style Contemporary
New Construction No
Construction Status Additions/Alterations
Schools
School District Santa Monica-Malibu Unified
Others
Senior Community No
Tax ID 4450026079
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Bob Catania • Infinity Real Estate Services