21355 Pacific Coast HwyMalibu, CA 90265

Property Details for 21355 Pacific Coast Hwy

Year built

1978

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

5,460 SF

Zone code

LCC2*

Property type

Office properties

Property subtype

Office buildings

APN

4451-022-057

APU

4451022057

Description

Highly desirable office space available for lease at 21355 Pacific Coast Highway, Suite 200, Malibu, CA 90265. This 700 square foot studio, located on the second floor of the historic Healing Center building, boasts stunning ocean views and abundant natural light. The space features vaulted ceilings and a flexible floor plan, making it ideal for a variety of uses. Consider this location for a Pilates or yoga studio, sound baths, acupuncture, chiropractic or physical therapy office, massage therapy practice, or professional headquarters. The building offers ample parking. This space is situated near Dukes restaurant in the heart of Malibu and possesses a calming and healing energy. The monthly rent is $3,000, negotiable.

• CAP approach

  CAP return

  Valuation

  6%

  $1,599,110

  6.5%

  $1,476,102

  7%

  $1,370,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,037,384

  Geo Method

  $1,038,274

• Alternative Use

  Use

  Valuation

  Residential

  $1,830,366

  Hospitality

  $1,676,606

  Educational

  $1,394,916

  Medical

  $1,442,890

  Retail

  $2,169,870

Location Insight

City

Malibu

County

Los Angeles

State

California

Latitude

34.0379

Longitude

-118.64

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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