805-807-7525
28920 Pacific Coast Hwy, Malibu, CA for Sale
Hospitality - FOR SALE
1/12
null | Request Cap Rate

28920 Pacific Coast Hwy
Malibu, CA 90265
Central Malibu


HIGHLIGHTS

  • Fully renovated 13-key boutique hotel on over four acres along PCH in one of the most supply-constrained coastal markets in the country.
  • Authentic cultural legacy asset. Originally the Malibu Riviera Hotel (1949), featured in Rolling Stone and Architectural Digest.
  • Significant F&B value-add opportunity with county health-approved kitchen design, all infrastructure stubbed and new infastructure.

OVERVIEW

Call for Offers: May 20, 2026. Contact Agent for Pricing. Hotel June Malibu is a fully renovated 13-key boutique coastal hotel on four acres along PCH in the heart of Malibu. Originally built in 1949 as the Malibu Riviera Hotel, the property carries genuine cultural cachet as the site where Bob Dylan wrote portions of "Blood on the Tracks." Featured in Rolling Stone and Architectural Digest. Renovated 2021–2022 with $600,000+ per key invested. Unit mix: 10 Kings, 1 King Suite, 2 Kings with Bunk Beds. Primary value-add is F&B activation. County health-approved kitchen design with all infrastructure stubbed, a new $1MM septic system and grease interceptor installed, and liquor license not yet implemented. New hotel supply in Malibu is effectively nonexistent given coastal permitting constraints. Amenities include a heated pool and deck, lobby-lounge, large outdoor dinning patio, surfboards, bikes, and on-site parking. Dog friendly.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF ROOMS

13

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hotel June Malibu

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1949

PARKING SPACES

36

LAND DETAILS

LAND ACRES

4.34 AC

LAND SF

189,050 SF

ZONING

LCCH*

APN/PARCEL ID

4466-019-003

ASK ABOUT THIS PROPERTY

Nicholas OertliThe Marella GroupMore Info
805-807-7525

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

Nicholas OertliThe Marella GroupMore Info
805-807-7525

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