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Investment Highlights

  • Open campus with terrace/garden style offices
  • Ample land for additional septic expansion
  • Smaller unit sizes to justify higher rental rate/SF
  • Just under 100,000 SF of land along Pacific Coast Highway
  • High demand office & retail submarket with extreme supply constraints
  • Tenants on short-term leases to capitalize on incredible upside in rental rate

Executive Summary

This iconic Ed Niles-designed property, known as Zuma Terrace, offers a rare opportunity to acquire a distinctive office asset along the Pacific Coast Highway in Malibu. The two-story building spans approximately 13,274 square feet and sits on a 2.27-acre parcel, providing an open campus layout with terrace and garden-style offices. The property’s design emphasizes natural light and integration with the surrounding coastal environment, creating a unique work setting that appeals to creative and professional users alike.
Currently 91% leased to multiple tenants on short-term agreements, the property presents significant upside potential through rental rate adjustments and repositioning. Its CN zoning allows for a broad range of commercial uses, including office, food, and service-related businesses. With ample land for potential septic expansion and smaller unit configurations that support premium rental rates, this asset is well-positioned in a high-demand submarket characterized by limited supply and strong barriers to entry.
Located along Pacific Coast Highway, the property offers excellent visibility and accessibility, serving as a gateway to Malibu’s central business and lifestyle corridor. This is an exceptional investment or owner-user opportunity in one of Southern California’s most exclusive coastal markets

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,274 SF
Building Class
C
Year Built
1979
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,637 SF
Building FAR
0.13
Lot Size
2.27 AC
Zoning
LCC2YY - Commercial

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 2B
  • 576 SF
  • Office
  • Full Build-Out
  • Now

Unit 2B offers a bright, efficient layout with large windows overlooking landscaped outdoor areas. The space features modern finishes and direct access to common walkways, creating a comfortable and functional work environment.

  • 1st Fl-Ste 4B
  • 576 SF
  • Office
  • Full Build-Out
  • Now

Unit 4B provides an open, light-filled interior with floor-to-ceiling windows and a private entry. The suite is designed for flexibility and offers easy access to shared outdoor spaces.

Space Size Space Use Build-Out Available
1st Fl-Ste 2B 576 SF Office Full Build-Out Now
1st Fl-Ste 4B 576 SF Office Full Build-Out Now

1st Fl-Ste 2B

Size
576 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 4B

Size
576 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 2B

Size 576 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Unit 2B offers a bright, efficient layout with large windows overlooking landscaped outdoor areas. The space features modern finishes and direct access to common walkways, creating a comfortable and functional work environment.

1st Fl-Ste 4B

Size 576 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Unit 4B provides an open, light-filled interior with floor-to-ceiling windows and a private entry. The suite is designed for flexibility and offers easy access to shared outdoor spaces.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4468-011-005
Land Assessment
$388,600
Improvements Assessment
$1,324,652
Total Assessment
$1,713,252
  • Listing ID: 34775357

  • Date on Market: 2/10/2025

  • Last Updated:

  • Address: 29350 Pacific Coast Hwy, Malibu, CA 90265

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