22467 Pacific Coast Highway, Malibu, CA 90265
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
22467 Pacific Coast Highway,Malibu, CA 90265
$4,950,000
- 2 Beds
- - Baths
- 1,206 sq. ft.
- Multi-family
- Active
Listed by: russell grether, nikki hutcheson
Office: compass
MLS#:CL26707707
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$4,950,000
- Price per sq. ft.:$4,104.48
About this home
One of the few commercially zoned properties along Carbon Beach, offering a compelling combination of immediate income and redevelopment potential. Set on approximately 0.59 acres along Pacific Coast Highway, the property features a fully remodeled ~1,206 sq ft retail/office building with a strong existing lease, providing steady cash flow while a future development project is pursued. Zoned CV-1, a rare commercial designation in Malibu, the property allows for a range of uses, with prior approved plans establishing a clear framework for expansion. The existing structure blends functionality with a classic Malibu bungalow aesthetic, complete with two enclosed offices, open work areas, a kitchenette, two bathrooms (one with a shower), private outdoor patio spaces, additional rear storage, and ample on-site parking. Positioned for visibility, the property benefits from a grandfathered 20+ foot lighted pylon sign - an increasingly scarce feature that cannot be replicated - which also provides additional month-to-month income. A further benefit is that the property underwent an update last year to the latest on-site wastewater treatment system, with ample capacity for a future building, saving the new owners a time-consuming and expensive step. The expansive rear portion of the lot offers meaningful potential for future development, with ocean views from the upper portion of the site. Prior approved plans envisioned an additional ~2,650 sq ft ocean-view office building with approximately 15 parking spaces, allowing flexibility for an owner-user, investor, or developer to expand or reimagine the property. Located directly across from Carbon Beach and moments from Nobu, Soho House, Malibu Beach Inn, and the Malibu Pier, the property sits within a high-traffic, high-income corridor where new commercial development is extremely limited. Having changed ownership only twice over the past 50 years, opportunities like this are few and far between....
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Home facts
- Year built:1947
- Listing ID #:CL26707707
- Added:212 day(s) ago
- Updated:November 13, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:2
- Living area:1,206 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1947
- Building area:1,206 sq. ft.
- Lot area:0.59 Acres
Finances and disclosures
- Price:$4,950,000
- Price per sq. ft.:$4,104.48
Parking
- Parking description:Guest, Uncovered Parking Space
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