31254 Bailard Rd 2 Unit Apartment Building Offered at $3,775,000 at a 6.13% Cap Rate Malibu, CA 90265

A rare find in Western Malibu! This completely renovated two-story duplex offers two spacious residences - an upper and lower unit - each approximately 1,432.5 sq. ft., with modern finishes and seamless indoor-outdoor flow designed for everyday beachside living. The upper unit features an open-concept layout with ocean views, white oak floors, a gas fireplace, and sliding glass doors that open to an expansive rear deck perfect for morning coffee or sunset dinners. The kitchen showcases marble countertops, bar seating, and stainless steel appliances. The primary bedroom enjoys its own ocean outlook, accompanied by two additional bedrooms, two newly updated bathrooms, and in-unit laundry. The lower unit mirrors the same well-designed layout, offering peek-a-boo ocean views, exterior access from each bedroom, and a matching deck that extends the living space outdoors. Both units feature a clean, beach-inspired aesthetic with shared access to a large grassy lawn. Additional highlights include a two-car garage, converted studio, and driveway parking for up to six vehicles. Located across from iconic Broad Beach and moments from Trancas Country Market, schools, and everyday amenities, this is a versatile opportunity for end-users or investors in one of Malibu's most desirable enclaves. One of the very few duplex opportunities in Malibu - freshly reimagined and perfectly positioned near the coast.