18103 Coastline Dr - Apartments FOR SALE


Malibu, CA 90265
$4,850,000 USD
310-924-9311
18103 Coastline Dr, Malibu, CA for Sale
$4,850,000 USD
Apartments - FOR SALE
1/27
null | Request Cap Rate

18103 Coastline Dr
Malibu, CA 90265


HIGHLIGHTS

  • Panoramic ocean views from living areas and primary bedrooms.
  • Remodeled kitchens with modern finishes and appliances.
  • Expansive private decks ideal for outdoor living and sunsets.
  • In-unit washers and dryers for added convenience.
  • Secure garage parking with additional income potential.
  • Prime Malibu location near beaches, dining, and entertainment.

OVERVIEW

Perched along the iconic Malibu coastline, this exceptional 4-unit complex offers a rare blend of luxury, income potential, and breathtaking ocean views. Each spacious unit features approximately 1,200 square feet of thoughtfully designed living space, complete with 2 bedrooms and 2 bathrooms. All units boast sweeping ocean views from the living room, primary bedroom, and kitchen, creating a serene coastal living experience throughout. Interiors are well-appointed with hardwood or tile flooring, remodeled kitchens, and in-unit washers and dryers for added convenience. Expansive private decks extend the living space outdoors, perfect for enjoying sunsets and ocean breezes. The property includes garage parking for residents, enhancing both comfort and security. There are 6 parking spaces, allowing for additional income of $200 per month for extra garage space. One unit is currently leased at $6,500 per month on a long-term basis, providing immediate, stable income. Two units are vacant, offering flexibility for additional leasing at market rates or owner occupancy, while the fourth unit is currently owner-occupied delivered vacant. This is a unique opportunity to own a prime Malibu investment property with strong rental upside, desirable unit layouts, and premium coastal amenities. Ideal for investors or owner-users seeking a trophy asset in one of Southern California's most coveted beach communities.

FOR SALE DETAILS

PRICE

$4,850,000 USD

PRICE/SF

$998 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,212,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,288 SF

ZONING

LAR3

APN/PARCEL ID

4443-009-042

ASK ABOUT THIS PROPERTY

Jill ReederCompassMore Info
310-924-9311

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Jill ReederCompassMore Info
310-924-9311

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.