31256 Bailard Rd
MALIBU, CA 90265
Cross street:Lunita

Property

Ownership: For Sale
Bedrooms: 5 BR
Bathrooms: 3
Area: 7667 sq ft
Lot Size: 0.2 Acres

Financials

Price:$2,250,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Coldwell Banker Realty

31256 Bailard Rd 5BR Malibu La

Description

Income opportunity - First time on the market in almost 50 years. Western Malibu mid-century duplex with 5 bedrooms and 3 bathrooms. Zoned as a duplex, but currently occupied as three units. The property features two inviting upper residences, each offering 2 bedrooms, 1-bathroom, generous bright living rooms with fireplaces, dining areas, kitchens and spacious multiple private decks that enjoy fresh ocean breezes. 2 car garage below one of the units is currently being used as a gym. Unit downstairs is one bedroom, bathroom, great room with a kitchen, and a carport. Mid-century with sliding glass doors to decks, open beam ceilings and individual laundry hook-ups. All units are in lovely condition and have been kept up quite nicely. Live in Malibu, rent out the second unit or rent out all units. Includes beach rights at Sea Level Drive. These opportunities don't come along often. Rich with classic Old Malibu character, these units capture the relaxed beach lifestyle we all know and love about Malibu. Located just moments from Broad Beach, Zuma Beach, Trancas Country Mart and Point Dume, all of which make this property appealing to rental prospects and potential owners.

Amenities

  • Balcony
  • beamed ceilings
  • Deck(s)
  • Dining Area
  • Drywall Walls
  • Living Room Deck Attached
  • Open Floor Plan
  • Pantry
  • Sliding Glass Doors
  • Tile Counters
  • Wood

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.