23700 Malibu RdMalibu, CA 90265

Property Details for 23700 Malibu Rd

Year built

1962

Construction

TILT-UP CONCRETE

Lot size

0.39 AC

Property size (Sq ft)

12,050 SF

Zone code

LCC2*

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

4458-002-019

APU

4458002019

Description

This exceptional commercial property at 23700 Malibu Road in Malibu, California, offers a unique opportunity for businesses seeking a prestigious location. The property boasts a total of 14,150 square feet of combined retail and office space, strategically divided into six available suites. Suite sizes range from a convenient 750 square feet to a substantial 7,300 square feet, providing flexibility for various business needs and expansion plans. The property's location in Los Angeles County, zip code 90265, places it within a vibrant and affluent community, ensuring high visibility and accessibility. The multiple tenancy structure allows for diverse businesses to thrive within the same building, creating a synergistic environment. Specific suite sizes include approximately 7,300 square feet, 1,650 square feet, 1,500 square feet, 750 square feet (two units available), and 2,200 square feet. This prime Malibu address presents an unparalleled chance to establish or expand your business in a highly desirable coastal setting. The property's versatile layout and ample square footage make it ideal for a variety of retail and office uses. Contact us today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,428,380

  6.5%

  $4,087,736

  7%

  $3,795,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,549,063

  Geo Method

  $3,551,714

• Alternative Use

  Use

  Valuation

  Residential

  $4,087,736

  Hospitality

  $3,744,344

  Educational

  $3,115,250

  Medical

  $3,222,388

  Retail

  $4,845,944

Location Insight

City

Malibu

County

Los Angeles

State

California

Latitude

34.0336

Longitude

-118.691

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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