18103 Coastline Drive

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18103 Coastline Drive, a well-maintained four-unit multifamily property overlooking the Pacific Ocean in the tranquil coastal community of Malibu. Located around the corner from The Getty Villa and one mile north of Sunset Boulevard, residents are close in proximity to the Pacific Palisades and Santa Monica. The 4,858 SF two-story building sits on a 12,288 SF lot, and is comprised of (4) bright and spacious two-bedroom and two bath units featuring stunning panoramic ocean views from every room (except the back bedroom). Each unit comes equipped with a washer and dryer. Additionally, the subject property includes 6 side-by-side garage parking spots. This beachside property offers a significant value-add opportunity to potential investors, as current rents are approximately 43% below market value for nicely remodel remodeled units in the area. 18103 Coastline Drive allows investors to acquire a phenomenal multifamily property in Los Angeles elite coastal community.
18103 Coastline Drive, Malibu, CA 90265 | Residential Income | Active | 12289 SF Lot | Built 1967 | 2 Stories | MLS# 20622068

Offered at $4,388,000

Features

Garage Spaces: 6 | Parking Spaces: 6 | Pool: No | View: Ocean,Coastline | Colling : None | Heating : Electric

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of October 24, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Kenny Stevens, Compass, Source: Local MLS