REDUCED! WOW! If you’ve been looking for a well-maintained beachfront Malibu home at the lowest price point on the market, this is your opportunity! Located at the end of a small neighborhood of beachfront homes, this 1 bed/1 bath SFR, nicknamed the “Malibu Beach Pad”, boasts jaw dropping oceanfront views throughout and has a generously sized 35 foot private deck that is perfect for sunbathing. The home has also just undergone major, fully permitted renovations to redo the foundation, kitchen, and bathroom for its next owner to enjoy the Malibu beachfront lifestyle.The newly remodeled kitchen features a brand new quartz countertop, backsplash, and sink. The bathroom includes a redesigned glass shower, rain shower head system, LED mirror light, and updated vanity. The bedroom and living room feature large sliding glass doors that open up to a private, wraparound beach view deck. There’s plenty of space for patio furniture to enjoy the sunrise with coffee or epic sunsets. The house also has private beach stairs which lead you down to a secluded and sandy dog-friendly beach. The foundation has just had all of its 4 ocean-facing piles renovated by hand all the way down to the beach’s bedrock and numerous wood beams replaced with marine-grade materials with stainless steel nuts and bolts. The current owner has turned the property into one of the hottest short term rentals in Malibu. You can continue to earn amazing cash flow with this turnkey property through short-term rentals without any issues related to Malibu’s pending Short Term Rental restrictions since this property is located outside city limits in Ventura County. Or make this home your own private beach getaway that is only 10 minutes from local shops and restaurants, yet is located on one of Malibu’s most secluded beachfront neighborhoods. Show and Sell! Let's open escrow today!
|DAYS ON MARKET||93||LAST UPDATED||1/19/2023|
|YEAR BUILT||1960||COMMUNITY||Malibu Beach|
|PROPERTY TYPE(S)||Single Family|
|School District||Santa Monica-Malibu Unified|
|Prior to Nov 30, '22||$2,700,000|
|Nov 30, '22 - Today||$2,575,000|
|APPLIANCES||Built-In Range, Disposal, Electric Oven, Microwave, Refrigerator|
|LOT||4575 sq ft|
|LOT DESCRIPTION||Drip Irrigation/Bubblers|
|SEWER||Septic Type Unknown|
|WATERFRONT DESCRIPTION||Beach Access,Beach Front,Ocean Front|
TOTAL MONTHLY PAYMENT
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