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Malibu, CA 90265,43500 Pacific Coast HWY
Malibu, CA 90265,43500 Pacific Coast HWY
Malibu, CA 90265,43500 Pacific Coast HWY
$2,525,000
Est. payment /mo
$2,575,000
1.9%
Est.Price: ?

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1 Bed
1 Bath
773 SqFt
SOLD DATE : 03/17/2023

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

Bedrooms 1

Full Baths 1

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

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Wood

Fireplaces Type None

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

Building

Lot Description Drip Irrigation/Bubblers

Story 1

Foundation Pillar/Post/Pier

Sewer Septic Type Unknown

Water Public

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Craig Parry • Rodeo Realty
Bought with Shawn Karami • Rodeo Realty
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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