# 22467 Pacific Coast Hwy, Malibu, CA 90265

> **TL;DR:** 2bd/2ba residential multi family, $5,750,000 ($4768/sqft), built 1947, 1,206 sqft.
> A/C. Est. $24,917/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,750,000 |
| Price/sqft | $4768 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 1,206 |
| Year Built | 1947 |
| Lot Size | 25,831 sqft (0.59 acres) |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $24,917 |
| **Total** | **$24,917** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1947
- 0.59 acre lot
- 15 parking spaces

## Description

### Agent Description
One of the few commercially zoned properties along Carbon Beach, offering a compelling combination of immediate income and redevelopment potential. Set on approximately 0.59 acres along Pacific Coast Highway, the property features a fully remodeled ~1,206 sq ft retail/office building with a strong existing lease, providing steady cash flow while a future development project is pursued. Zoned CV-1, a rare commercial designation in Malibu, the property allows for a range of uses, with prior approved plans establishing a clear framework for expansion. The existing structure blends functionality with a classic Malibu bungalow aesthetic, complete with two enclosed offices, open work areas, a kitchenette, two bathrooms (one with a shower), private outdoor patio spaces, additional rear storage, and ample on-site parking. Positioned for visibility, the property benefits from a grandfathered 20+ foot lighted pylon sign - an increasingly scarce feature that cannot be replicated - which also provides additional month-to-month income. A further benefit is that the property underwent an update last year to the latest on-site wastewater treatment system, with ample capacity for a future building, saving the new owners a time-consuming and expensive step. The expansive rear portion of the lot offers meaningful potential for future development, with ocean views from the upper portion of the site. Prior approved plans envisioned an additional ~2,650 sq ft ocean-view office building with approximately 15 parking spaces, allowing flexibility for an owner-user, investor, or developer to expand or reimagine the property. Located directly across from Carbon Beach and moments from Nobu, Soho House, Malibu Beach Inn, and the Malibu Pier, the property sits within a high-traffic, high-income corridor where new commercial development is extremely limited. Having changed ownership only twice over the past 50 years, opportunities like this are few and far between.

## Location

- **Address:** 22467 Pacific Coast Hwy, Malibu, CA 90265
- **County:** Los Angeles
- **Coordinates:** 34.040144, -118.664627
- **Google Maps:** https://www.google.com/maps?q=34.040144,-118.664627

## Listing Agent

- **Name:** Russell Grether
- **Brokerage:** Compass
- **Phone:** 3102305771
- **Email:** russell@compass.com

## Primary Photo

![22467 Pacific Coast Hwy - Primary Photo](http://lh.rdcpix.com/6013d761ca2e8fad4c4a8bd19be42ec2l-f3230869282r.jpg)

*27 total photos available on [listing page](https://www.propertysimple.com/listing/22467-pacific-coast-hwy-malibu-ca-90265-26707707)*

---

**MLS#:** 26707707 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/22467-pacific-coast-hwy-malibu-ca-90265-26707707)

---

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