For Sale
$19,750,000

31454 Broad Beach RdMalibu, CA 90265

Luxury oceanfront office, stunning views.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Malibu office property, located at 31454 Broad Beach Rd, offers unparalleled ocean views and direct beach access. The 8,795 square foot building, constructed in 1992 and renovated in 2007, boasts three stories and sits on an 11,264 square foot lot (APN: 4470-017-062). The property features a private infinity-edge pool and spa, multiple spacious outdoor decks, a THX-certified theater room, and a 2,500-bottle world-class wine cellar with a separate tasting room. Additional amenities include a gym/recording studio. The expansive living room, dining area, and gourmet kitchen seamlessly flow onto a large deck with sliding glass doors that open to showcase breathtaking coastal views. A luxurious master suite includes a separate sitting area, fireplace, and a master bath with floor-to-ceiling marble and dual showers. Currently leased until December 31, 2027, this property provides substantial short-term income and qualifies for a 1031 exchange. Situated on the western end of Broad Beach, it benefits from minimal sand replenishment requirements and is connected to public sewer. The asking price is $19,750,000 ($2,245.59 per square foot). This is a rare opportunity to acquire a truly exceptional Malibu property. The modified gross lease structure means the tenant covers all maintenance expenses.

Highlights

  • Spectacular oceanfront Malibu office property with direct beach access.
  • Modified gross lease; tenant pays all maintenance.
  • Rare property connected to public sewer.
  • 3.5 years remaining on lease (expires 12/31/2027).
  • Approximately 8,800 square foot building on three stories.
  • Located on the western end of Broad Beach, minimizing sand replenishment needs.

Property Details for 31454 Broad Beach Rd

Property type
Office properties
Square Feet
8,795 SF
Class
B
Year Built/Renovated
1992/2007
Stories
3

Location Insight

City
Malibu
County
Los Angeles
State
California
Latitude
34.0357832
Longitude
-118.8595666
31454 Broad Beach Rd, Malibu, California

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31454 Broad Beach Rd
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