$19,500,000
An exceptionally rare opportunity to acquire over 6 acres of multi-family zoned land in Malibu, offering scale, usability, and coastal proximity rarely found in a single offering. Comprised of two parcels totaling approximately 6+ acres, the property allows for multi-family residential development at up to 6 units per acre under the City of Malibu's Local Coastal Program. With flat, buildable terrain, ocean views overlooking Paradise Cove, and proximity to high-end residential communities, this site presents a compelling opportunity to develop a 30+ unit coastal project in one of the most supply-constrained markets in California. APNs: 4467-013-022 & 4467-013-023
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Listed by Chris Frost with Sotheby's International Realty (310) 456-6431
Property Type
Land
Status
Active
MLS Number
26668029
Year Built
N/A
Lot Size
5.20 acres