Property Description
Tremendous prime Malibu land development opportunity on PCH: Incredibly rare triple-lot, single APN measuring almost 7,000 SF with 83 feet of frontage of amazing Pacific Ocean views (please refer to property profile attached to docs, page 2 showing approximate lot dimensions). Prior structure was an 8-unit apartment building (7 one-bedroom units + 1 two-bedroom unit) and per Malibu City Planning department the new structure shall have the same use. Just north of Tuna Canyon Road and adjacent to Las Tunas Beach, makes this a premier location on PCH. The prior structure was damaged by the fire but the lot has been already cleared and the sea wall remained (though badly burned) so construction schedules, equipment and labor use can be maximized with no down-time.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$1,914
TurboHome Estimated Value
$3,063,800
$476 sqft
High Valuation
$3,216,990
$500/sqft
Normal Valuation
$3,063,800
$476/sqft
Low Valuation
$2,910,610
$453/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $476/sqft | $3,063,800 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Location
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