Details
The opportunities are endless at this 4-unit property with 50 feet of sandy beach on prestigious and exclusive old road in Malibu. With 180 degree ocean and coastline views, and adjacent to a vacant lot, this property is perfect for the investment savvy buyer. Recently updated interiors and exteriors, including new windows, non-corrosive water resistant vinyl decks and gates, copper plumbing, separate utility meters, large 4 car garage and new driveway with parking for 4 additional cars, 8 total. Purchase as an investment and collect rental income on all 4 units. Convert into a single family home and build out over the garage to increase square footage. Transform top 2 units into owner penthouse. This property has been modified to ensure low maintenance and minimize the wear and tear of coastal living, upgraded with high-quality materials and positioned with great investment potential.
