310-489-5000
29350 Pacific Coast Hwy, Malibu, CA for Sale
Office - FOR SALE
1/22
null | Request Cap Rate

29350 Pacific Coast Hwy
Malibu, CA 90265
Central Malibu


HIGHLIGHTS

  • Open campus with terrace/garden style offices
  • Just under 100,000 SF of land along Pacific Coast Highway
  • Ample land for additional septic expansion
  • High demand office & retail submarket with extreme supply constraints
  • Smaller unit sizes to justify higher rental rate/SF
  • Tenants on short-term leases to capitalize on incredible upside in rental rate

OVERVIEW

This iconic Ed Niles-designed property, known as Zuma Terrace, offers a rare opportunity to acquire a distinctive office asset along the Pacific Coast Highway in Malibu. The two-story building spans approximately 13,274 square feet and sits on a 2.27-acre parcel, providing an open campus layout with terrace and garden-style offices. The property’s design emphasizes natural light and integration with the surrounding coastal environment, creating a unique work setting that appeals to creative and professional users alike. Currently 91% leased to multiple tenants on short-term agreements, the property presents significant upside potential through rental rate adjustments and repositioning. Its CN zoning allows for a broad range of commercial uses, including office, food, and service-related businesses. With ample land for potential septic expansion and smaller unit configurations that support premium rental rates, this asset is well-positioned in a high-demand submarket characterized by limited supply and strong barriers to entry. Located along Pacific Coast Highway, the property offers excellent visibility and accessibility, serving as a gateway to Malibu’s central business and lifestyle corridor. This is an exceptional investment or owner-user opportunity in one of Southern California’s most exclusive coastal markets

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Zuma Terrace

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.27 AC

LAND SF

98,881 SF

ZONING

LCC2YY

APN/PARCEL ID

4468-011-005

ASK ABOUT THIS PROPERTY

Jay LuchsNewmarkMore Info
310-489-5000

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Jay LuchsNewmarkMore Info
310-489-5000

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