18069-18079 Coastline Dr | Malibu, CA 90265
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
18069-18079 Coastline Dr
Malibu, CA 90265
Malibu Coastline · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Extremely rare opportunity to purchase legacy 16-unit apartment building (two side-by-side 8-unit apartment buildings) overlooking the Pacific Ocean
- Opportunity to improve rents by virtue of implementing renovation plan - only 2 of the 16 units have not been renovated
- Property features a very quiet private street entrance with assigned private garages for each unit
- Buildings consist of all large two-bedroom/two-bathroom units, each with spectacular panoramic ocean views of the entire Santa Monica Bay
- Units feature open split-level floor plans with updated kitchens (select units)
- Approximately $1M in capital improvements to the property in the past decade including seismic retrofit, exterior repaint, water drainage, etc
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.44 AC |
| Property Type | Multifamily | Building Size | 20,516 SF |
| Property Subtype | Apartment | Average Occupancy | 87% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1967 |
| Zoning | R305, L.A. County | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 20,516 SF |
| Average Occupancy | 87% |
| No. Stories | 2 |
| Year Built | 1967 |
| Zoning | R305, L.A. County |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Carpet
- Family Room
- Vinyl Flooring
- Window Coverings
PROPERTY TAXES
| Parcel Number | 4443-009-017 | Improvements Assessment | $1,642,200 |
| Land Assessment | $4,936,800 | Total Assessment | $6,579,000 |
PROPERTY TAXES
Parcel Number
4443-009-017
Land Assessment
$4,936,800
Improvements Assessment
$1,642,200
Total Assessment
$6,579,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
