22821 PACIFIC COAST HWY, Malibu, CA $5,200,000

Property Description

22821 Pacific Coast Highway, Malibu CA, 90265 is in the heart of the Carbon Beach retail corridor of Malibu. Located in close proximity to Nobu, The SoHo House, The Malibu Beach Inn and Malibu Pier, 22821 PCH is in the middle of vital and upgraded properties.

22821 PCH has approximately 18 on-site single parking spaces in its two lots, an Onsite Wastewater Treatment System operating permit that is in compliance with all applicable City of Malibu Codes and ordinances and a CUP for the operation of a full-service restaurant, including the sale of beer, wine, and distilled spirits.

The Building is currently leased out to one tenant, a restaurant, and the restaurant is not available. It has approximately 60 seats.

APN: 4452-021-004 and 4452-021-007

BUILDING SIZE: 2144 Square Feet and Storage Structure

LOT SIZE: 36,808 Square Feet and 2763 Square Feet

ZONING: LCC3 (Buyer to Verify); LCC3YY (Buyer to Verify)

ASKING PRICE: $5,200,000 for both parcels