This exceptional creative office space, located at 22601 Pacific Coast Highway in Malibu, California, offers a unique opportunity for businesses seeking a prestigious address with stunning ocean views. The property, built in 1991, is part of a larger building totaling 24,148 square feet and features a single suite currently offering 1,337 square feet of vacant space for lease. The building is classified as Retail, Office, and Restaurant, with the specific suite designated as Creative Office and Commercial. The property boasts ample parking with 130 spaces available for tenants and visitors. Situated in Los Angeles County, zip code 90265, this Malibu location provides unparalleled access to the Pacific Coast Highway and its vibrant surroundings. The property's multiple tenancy structure ensures a diverse and dynamic environment. This is an ideal space for businesses seeking a blend of functionality, prestige, and breathtaking views. The available space presents a chance to establish a prominent presence in one of California's most sought-after coastal communities. Don't miss this opportunity to secure your business's future in this remarkable Malibu location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$7,270,366
6.5%
$6,711,106
7%
$6,231,742
Comparable approach
Method
Valuation
Relative Method
$5,856,458
Geo Method
$5,861,064
Alternative Use
Use
Valuation
Residential
$6,711,106
Hospitality
$6,147,338
Educational
$5,114,512
Medical
$5,290,408
Retail
$7,955,908
Location Insight
City
Malibu
County
Los Angeles
State
California
Latitude
34.0402
Longitude
-118.667
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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