Property listed by Douglas Elliman, Ani Dermenjian, 310-975-3870.
$350,000
Attention developers, investors, and oceanfront seekers! This is your chance to create a custom coastal retreat on one of Malibu's most scenic and sought-after stretches Big Rock Beach. The previous 3-bedroom, 3-bath home (approx. 2,061 sq. ft.) was lost in the Palisades/Malibu fire, leaving behind a prime, build-ready site with… Read More expansive, unobstructed ocean views.This unique leasehold opportunity offers exceptional value, with the current land lease secured through 2071 at just $1,300.46/month, with only a 3% annual increase- a rare find for Malibu beachfront. The potential here is tremendous, whether you choose to rebuild, renegotiate terms, or explore the possibility of purchasing the land outright. Located directly on the beautiful Pacific Coast Highway and just minutes from central Malibu, this site delivers unparalleled access to the coastline, convenience, and world-class views. Opportunities like this are exceptionally rare- act quickly. Call now for more details. Read Less
Listing Snapshot
Days Online
15
Last Updated
Lot Size
0.05 Acres
MLS Number
26997249
Additional Details
Lot
0.0501 acres
Property
Ocean
Taxes
Parcel Number: 4450005081, Zoning: LCR33000*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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