$2,525,000
$2,575,000
1.9%For more information regarding the value of a property, please contact us for a free consultation.
43500 Pacific Coast HWY Malibu, CA 90265
1 Bed
1 Bath
773 SqFt
Key Details
Sold Price $2,525,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 773 sqft
Price per Sqft $3,266
MLS Listing ID SR22235405
Sold Date 03/17/23
Bedrooms 1
Full Baths 1
Construction Status Turnkey
HOA Y/N No
Year Built 1960
Lot Size 4,573 Sqft
Property Description
REDUCED! WOW! If you’ve been looking for a well-maintained beachfront Malibu home at the lowest price point on the market, this is your opportunity!
Located at the end of a small neighborhood of beachfront homes, this 1 bed/1 bath SFR, nicknamed the “Malibu Beach Pad”, boasts jaw dropping oceanfront views throughout and has a generously sized 35 foot private deck that is perfect for sunbathing. The home has also just undergone major, fully permitted renovations to redo the foundation, kitchen, and bathroom for its next owner to enjoy the Malibu beachfront lifestyle.
The newly remodeled kitchen features a brand new quartz countertop, backsplash, and sink. The bathroom includes a redesigned glass shower, rain shower head system, LED mirror light, and updated vanity. The bedroom and living room feature large sliding glass doors that open up to a private, wraparound beach view deck. There’s plenty of space for patio furniture to enjoy the sunrise with coffee or epic sunsets. The house also has private beach stairs which lead you down to a secluded and sandy dog-friendly beach. The foundation has just had all of its 4 ocean-facing piles renovated by hand all the way down to the beach’s bedrock and numerous wood beams replaced with marine-grade materials with stainless steel nuts and bolts.
The current owner has turned the property into one of the hottest short term rentals in Malibu. You can continue to earn amazing cash flow with this turnkey property through short-term rentals without any issues related to Malibu’s pending Short Term Rental restrictions since this property is located outside city limits in Ventura County. Or make this home your own private beach getaway that is only 10 minutes from local shops and restaurants, yet is located on one of Malibu’s most secluded beachfront neighborhoods. Show and Sell! Let's open escrow today!
Location
State CA
County Ventura
Area C32 - Malibu Beach
Zoning R2
Rooms
Main Level Bedrooms 1
Interior
Interior Features Breakfast Bar
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Electric Oven, Disposal, Microwave, Refrigerator
Laundry None
Exterior
Parking Features Driveway, Gravel
Fence Vinyl
Pool None
Community Features Hiking, Street Lights
Waterfront Description Beach Access,Beach Front,Ocean Front
View Y/N Yes
View Coastline, Ocean
Porch Covered, Deck, See Remarks, Wrap Around
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers
Story 1
Entry Level One
Foundation Pillar/Post/Pier
Sewer Septic Type Unknown
Water Public
Level or Stories One
New Construction No
Construction Status Turnkey
Schools
School District Santa Monica-Malibu Unified
Others
Senior Community No
Tax ID 7000080275
Security Features Security System
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Shawn Karami • Rodeo Realty