22333 Pacific Coast HwyMalibu, CA 90265

Property Details for 22333 Pacific Coast Hwy

Year built

1955

Construction

WOOD

Lot size

1.28 AC

Property size (Sq ft)

16,022 SF

Zone code

LCC2*

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

4452-024-005

APU

4452024005

Description

This exceptional two-story commercial property, situated at 22333 Pacific Coast Highway in Malibu, California (zip code 90265), presents a unique investment opportunity. The Malibu Sands Center boasts a total of 9,839 square feet, offering a mix of retail and office spaces, including executive suites, storefronts, and restaurant possibilities. Currently, there are 579 square feet of vacant space available, with additional spaces ranging from 579 to 1,944 square feet. The building's prime location directly on the Pacific Coast Highway provides unparalleled visibility, with an estimated 44,000 vehicles passing daily. This high traffic count is further enhanced by existing monument signage and convenient access via a traffic light at the parking lot entrance. The property includes 44 onsite parking spaces, ensuring ample parking for tenants and their clients. The building is newly renovated and features a multi-tenant occupancy. Los Angeles County provides a strong economic backdrop for this exceptional property, making it an ideal location for businesses seeking high visibility and convenient access in the desirable Malibu market. This is a rare opportunity to secure commercial space in one of Malibu's most sought-after locations.

• CAP approach

  CAP return

  Valuation

  6%

  $5,848,965

  6.5%

  $5,399,044

  7%

  $5,013,398

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,718,670

  Geo Method

  $4,722,452

• Alternative Use

  Use

  Valuation

  Residential

  $5,399,044

  Hospitality

  $4,945,496

  Educational

  $4,114,594

  Medical

  $4,256,102

  Retail

  $6,400,480

Location Insight

City

Malibu

County

Los Angeles

State

California

Latitude

34.0397

Longitude

-118.661

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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