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Key Details
Sold Price $1,075,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22202215
Sold Date 12/31/22
HOA Y/N No
Lot Size 7,104 Sqft
Lot Dimensions Assessor
Property Description
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 Land For Sale Approximately 7,104 SF! Multi-Family Zoning. Possibility to build 2 Units and 2 stories. Residential Single Family Use Permitted. Property Currently Classified as Commercial Use. Utilities Available on Site: Water, Electricity, Gas, Septic Tank. Bonus: Old Existing Office Building approximately 1,400 Square Foot. Close Walking Distance to Ocean and Restaurant Duke. Seller is motivated. Seller will Finance 50% of Purchase. Land being sold for Land Value, in it's As-Is Condition. For information please contact the Malibu planning Dept. Price: $1,290,000.00.
Location
State CA
County Los Angeles
Area C33 - Malibu
Zoning LCC2*
Interior
Fireplace No
Exterior
View Y/N Yes
View Canyon
Building
Lot Description Yard
Sewer Septic Type Unknown
New Construction No
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
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692