23401 Civic CtrMalibu, CA 90265
- Community centers
- 39,481 SF
Property Details for 23401 Civic Ctr
- Year built
- 2019
- Construction
- TILT-UP CONCRETE
- Lot size
- 5.96 AC
- Property size (Sq ft)
- 39,481 SF
- Zone code
- LCC2*
- Property type
- Community centers
- APN
- 4458-022-030
- APU
- 4458022030
Description
This exceptional 945-square-foot retail storefront is ideally situated at 23401 Civic Center Way, Suite 1C, in the vibrant city of Malibu, California, within Los Angeles County. The property is currently entirely vacant, presenting a unique opportunity for a single tenant to occupy the entire space. Classified as a retail storefront with multiple tenancy capabilities, this property offers significant potential for a variety of businesses. The address is conveniently located in Malibu, zip code 90265, providing excellent access to the area's thriving community and high volume of foot traffic. The building's total square footage is 945 square feet, all of which is currently available for lease. This presents a blank canvas for a business seeking to establish a strong presence in this desirable coastal location. The property is categorized as retail and is specifically a storefront type. This space is perfect for a business looking for high visibility and accessibility in a prime Malibu location. The property is ready for immediate occupancy, allowing for a quick start to operations. Interested parties are encouraged to inquire further to explore the possibilities of this exceptional retail opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $17,189,770
- 6.5%
- $15,867,479
- 7%
- $14,734,088
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,905,274
- Geo Method
- $18,919,422
-
Alternative Use
- Use
- Valuation
- Residential
- $13,384,812
- Hospitality
- $12,260,416
- Educational
- $10,200,522
- Medical
- $10,551,334
- Retail
- $15,867,479
Location Insight
- City
- Malibu
- County
- Los Angeles
- State
- California
- Latitude
- 34.038
- Longitude
- -118.686
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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