6506 Westward Beach RdMalibu, CA 90265

Property Details for 6506 Westward Beach Rd

Year built

1955

Construction

WOOD

Lot size

2.03 AC

Property size (Sq ft)

4,139 SF

Zone code

LCC2*

Property type

Hospitality properties

Property subtype

Motels

APN

4468-013-012

APU

4468013012

Description

This exceptional 17-suite hotel, boasting 10,410 square feet on a 2.03-acre lot in prestigious Malibu, CA (90265), presents a compelling value-add opportunity. Built in 1955 and extensively renovated in 2023, the property enjoys a 76% occupancy rate. Each suite features premium bedding, luxury amenities, fireplaces, Jacuzzi tubs, flat-screen TVs, and gourmet coffee service. A significant asset is the 4,000 square-foot restaurant with a full liquor license, positioned to capitalize on Malibu's thriving tourism industry. The hotel's prime location near world-famous beaches like Zuma and Surfrider attracts millions of annual visitors, providing a strong foundation for revenue growth. The property offers substantial upside potential through operational improvements, enhanced guest services, and maximizing the dining experience. This fee-simple ownership presents a rare chance to acquire a well-established hospitality business in one of California's most desirable coastal destinations. The property includes a heated pool and is within walking distance of several top Malibu beaches. In-room amenities include refrigerators and coffee/tea makers. The property's APN is 4468-013-012. This is a unique opportunity to create a premier dining destination and enhance the overall guest experience, driving increased ADR and cash flow.

• CAP approach

  CAP return

  Valuation

  6%

  $1,427,970

  6.5%

  $1,318,126

  7%

  $1,223,974

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,849,620

  Geo Method

  $1,849,620

• Alternative Use

  Use

  Valuation

  Residential

  $1,439,010

  Hospitality

  $1,318,126

  Educational

  $1,096,665

  Medical

  $1,134,381

  Retail

  $1,705,924

Location Insight

City

Malibu

County

Los Angeles

State

California

Latitude

34.0167

Longitude

-118.816

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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