3864 Las Flores Canyon Road, Malibu, CA 90265

$1,075,000
3
BD
2
BA
1,400
SqFt
Sold Price
$1,075,000
List Price
$1,290,000
Closing Date
Dec 31, 2022
Status
CLOSED
MLS#
22184149
Year Built
1947
Bedrooms
3
Bathrooms
2
Living Sq. Ft
1,400
Lot Size
7,104
Lot Location
Yard
Days on Market
159
Property Type
Single Family Residential
Style
Contemporary

Property Description

Showings are by appointment with Listing Agent only. 1,400 Square Foot + Unfinished Garage Currently Vacant Commercial Building divisible in to two (2) Units. Currently zoned MF - Multi-Family. Conversion to single family residential is possible due to it being a permitted use under the current zoning. 1000 Feet from Pacific Coast Highway and world famous Duke's Restaurant with the rare benefits of less PCH traffic and being walking distance to the ocean. Take advantage of the unique opportunity to buy the cheapest commercial property in Malibu! Malibu is a hot market. Lowest Price Multi-Family or Commercial In Malibu! I get a lot of calls. Seller is motivated and looking for a qualified buyer. All offers are welcome. Rare for sale House 3 bedroom + 2 bathroom 1000 feet to Ocean and Duke restaurant. Needs TLC. Needs a new septic tank +new windows. Big potential Architect can help Possibility to build a second story by the code. Property Type: Multi-Family Single Family and Commercial Office: Parcel #: 4450-026-079 Building SF: 1400 SF - 1947 to 1956 Land SF: 7104 SF Land Dimensions: 64' x 112'Land Dimensions (Depth): 148 on the South to 165 Feet Deep on the North Land Dimensions (Width/Frontage): 64 Feet on Las Flores and 32 Feet in the rear. Zoning: Multi-family Zoned. Residential Possible. Price is $1,590,000,00. Owner will carry $590,000.00 for 3 years with $1 Million Down. One-of-a-kind-Rare Owner User Office or Multi-Family or Single Family Investment Opportunity in Malibu! Former Iconic Malibu Times Headquarters! Existing Vacant Office Building Property for Sale in Malibu. Lowest Price Multi-Family or Commercial In Malibu! Zoning: Multi-family Zoned. Office or Single Family Residential Use Possible. Malibu is a hot market. I get a lot of activity and calls. Seller is Motivated and looking for solid qualified buyers. All offers are welcome. Escape with your family relocate your home or business to the beautiful city of Malibu. Ideal for Multi-Family or Architect or Upscale Office for Thriving Business. Perfect Peaceful Place to Escape your next Home Paradise. 3 offices/rooms/areas. 2 bathrooms. Flooring: new tile + new solid wood. small backyard garden with unlimited possibilities Tile roof 5 parking spaces Approximately 1,000 Feet North of Pacific Coast Highway/Ocean/Dukes Restaurant on Las Flores Canyon Road Between Topanga Canyon Road and Malibu Canyon Road/Las Virgenes Canyon Road1000 feet to the Ocean/Duke restaurant. Owner User/Investor Buyer Options: 1) This property can be used as an office 2) Can be rebuilt as a 2 story residential Home building 3) This property can be converted into residential multifamily units. Property Needs TLC. Demo permit process good for 2 years in progress ok. Septic Current 1000 Gallon Tank. Permit process good for 2 year in progress ok. For future single family 3 + 2 - 2,000 gallons would be required. Drywall violation cleaning in progress. Owner's architect and expeditor can help. This property is zoned Multi-family (MF). A dropbox link with files and pictures and the City of Malibu Municipal Code link are available upon request.

Additional Information

Appliances
Refrigerator, Dryer, Washer
Pool Description
None
View
Canyon
Exterior Construction
Stucco, Wood Siding
Patio
Covered, Front Porch
Roof
Composition, Shingle, Tile
Sewer
SepticTypeUnknown
School District
Santa Monica-Malibu Unified

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bob Catania (bcatania@infinityrealestate.com) from Listing Office: Infinity Real Estate Services.

Listing sold by Bob Catania from Infinity Real Estate Services

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.