19108 Pacific Coast Hwy
MALIBU, CA 90265

Property

Ownership: For Sale
Area: 2340 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,650,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Coldwell Banker Realty

19108 Pacific Coast Hwy Malibu La

Description

Set on 28 feet of open sand and ocean, your new Malibu beachfront home begins where the previous 2,165 sq ft residence once stood. The Investor & Developer Opportunity: For the savvy developer, 19108 PCH represents a high-yield opportunity in one of the world's most resilient luxury markets. The potential for huge multi-level decks and a sophisticated residence featuring two full stories plus a mezzanine creates a high-equity asset or a premium short-term rental powerhouse. The Development Edge: 110% Expansion. Take advantage of a uniquely expedited path to construction. Under current emergency provisions, this fire-cleared lot may bypass the typical, years-long CEQA and Coastal Commission review processes. Owners can rebuild a structure substantially in the same location while enjoying a 10% increase in both footprint and height over the previous structure a rare "bonus" to modern square footage in a highly regulated zone. Strategic Location: Effortless proximity to Santa Monica and the high-end dining and shopping of Eastern Malibu. Entitlement Advantage: A streamlined, "grandfathered" path to redevelopment. Architectural Heritage: Stamped plans available for a 2-story + mezzanine residence with expansive, "hovering" oceanfront decks.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.