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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$2,250,000

Est. payment - /mo

5 Beds

3 Baths

2,984 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,984 sqft

Price per Sqft $754

MLS Listing ID 26864683

Bedrooms 5

Full Baths 2

Three Quarter Bath 1

HOA Y/N No

Year Built 1970

Lot Size 7,666 Sqft

Property Sub-Type Single Family Residence

Property Description

Income opportunity - First time on the market in almost 50 years. Western Malibu mid-century duplex with 5 bedrooms and 3 bathrooms. Zoned as a duplex, but currently occupied as three units. The property features two inviting upper residences, each offering 2 bedrooms, 1-bathroom, generous bright living rooms with fireplaces, dining areas, kitchens and spacious multiple private decks that enjoy fresh ocean breezes. 2 car garage below one of the units is currently being used as a gym. Unit downstairs is one bedroom, bathroom, great room with a kitchen, and a carport. Mid-century with sliding glass doors to decks, open beam ceilings and individual laundry hook-ups. All units are in lovely condition and have been kept up quite nicely. Live in Malibu, rent out the second unit or rent out all units. Includes beach rights at Sea Level Drive. These opportunities don't come along often. Rich with classic Old Malibu character, these units capture the relaxed beach lifestyle we all know and love about Malibu. Located just moments from Broad Beach, Zuma Beach, Trancas Country Mart and Point Dume, all of which make this property appealing to rental prospects and potential owners.

Location

State CA

County Los Angeles

Area C33 - Malibu

Zoning LCR210000*

Interior

Interior Features Beamed Ceilings, Separate/Formal Dining Room, Living Room Deck Attached, Open Floorplan

Heating Central, Forced Air

Cooling None

Flooring Carpet, Tile, Wood

Fireplaces Type Living Room, Wood Burning

Furnishings Unfurnished

Fireplace Yes

Appliance Dishwasher, Disposal, Range, Refrigerator

Laundry Outside, See Remarks

Exterior

Parking Features Converted Garage, Carport, Door-Multi, Driveway, Garage

Garage Spaces 2.0

Carport Spaces 1

Garage Description 2.0

Fence Partial

Pool None

View Y/N Yes

View Trees/Woods

Roof Type Rolled/Hot Mop

Accessibility None

Porch Deck, Wood

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level Two

Sewer Other, Shared Septic, Septic Type Unknown

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4470002033

Security Features Fire Rated Drywall,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Listed by Ellen Francisco Coldwell Banker Realty #00709314

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

31256 Bailard RD Malibu, CA 90265

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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31256 Bailard RD