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Malibu Owner-User or Investment Opportunity 28955 Pacific Coast Hwy 15,991 SF 68% Leased Retail Building Malibu, CA 90265 For Sale
Investment Highlights
- Signalized corner location on Pacific Coast Highway and Kanan Dume, offering outstanding exposure.
- Fully built-out creative office suite available on the first floor and an expansive second-generation fitness space.
- Serves a dense residential base with high household incomes and consistent tourist traffic.
- Mix of retail, office, and creative spaces with modern finishes and flexible open layouts.
- Proximity to Malibu’s iconic beaches, recreational areas, and luxury retail destinations.
- Located within one of Southern California’s most desirable coastal markets with strong area traffic and visibility.
Executive Summary
The Property occupies the Southwest signalized intersection of Pacific Coast Highway and Kanan Dume Road, with frontage, visibility, and access along one of California’s most recognized coastal arterials. Combined traffic counts exceed 29,795 vehicles per day, and the signal itself drives stopped-vehicle exposure that unsignalized locations cannot match. Signalized hard assets on the Malibu coastline are effectively a fixed supply.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,991 SF
Building Class
B
Year Built/Renovated
1987/2019
Percent Leased
68%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.85
Lot Size
0.43 AC
Zoning
LCC1-2 - Wellness, Professional office, Medical
Parking
42 Spaces (2.63 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
- Air Conditioning
- Balcony
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4467-035-067 | Improvements Assessment | $1,136,553 |
| Land Assessment | $5,953,376 | Total Assessment | $7,089,929 |
Property Taxes
Parcel Number
4467-035-067
Land Assessment
$5,953,376
Improvements Assessment
$1,136,553
Total Assessment
$7,089,929
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Malibu Owner-User or Investment Opportunity | 28955 Pacific Coast Hwy
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