29178 Heathercliff RdMalibu, CA 90265

Property Details for 29178 Heathercliff Rd

Year built

1986

Construction

CONCRETE

Lot size

0.34 AC

Property size (Sq ft)

6,484 SF

Zone code

LCC2YY

Property type

Office buildings

APN

4466-021-004

APU

4466021004

Description

This exceptional two-story, 6,484 square foot executive office building, designed by renowned architect Ed Niles, presents a unique leasing opportunity. Located on Heathercliff Road in Los Angeles County, this multi-tenant property offers 1,400 square feet of immediately available space. The building boasts high ceilings and floor-to-ceiling windows, ensuring abundant natural light throughout. Enjoy a private patio area surrounded by lush greenery, providing a tranquil work environment. Ample surface parking is available with 22 spaces. The property sits on a 0.34-acre lot (approximately 14,919 square feet) and is zoned LCC2YY. Its convenient location offers easy access to the Pacific Coast Highway, less than five minutes from beaches, and within walking distance of various retail and restaurant amenities. Built in 1986, this well-maintained building provides a sophisticated and productive workspace. The APN is 4466-021-004. This is an ideal location for businesses seeking a prestigious and convenient office space in a desirable coastal setting. The available space is perfect for a variety of executive office needs.

• CAP approach

  CAP return

  Valuation

  6%

  $1,970,612

  6.5%

  $1,819,026

  7%

  $1,689,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,232,998

  Geo Method

  $1,232,998

• Alternative Use

  Use

  Valuation

  Residential

  $2,255,592

  Hospitality

  $2,066,111

  Educational

  $1,718,980

  Medical

  $1,778,098

  Retail

  $2,673,968

Location Insight

City

Malibu

County

Los Angeles

State

California

Latitude

34.0207

Longitude

-118.809

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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