19108 Pacific Coast Hwy Malibu La
| Website: | https://www.nestseekers.com/5314007 |
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| Address: | 19108 Pacific Coast Hwy MALIBU, CA 90265 |
| Ownership: | For Sale |
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| Area: | 2340 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,650,000
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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Coldwell Banker Realty | |