Malibu Fourplex with Panoramic Ocean Views

18103 Coastline Drive, a well-maintained four-unit multifamily property overlooking the Pacific Ocean in the legendary coastal community of Malibu. Located around the corner from The Getty Villa and one mile north of Sunset Boulevard, residents are in close proximity to the Pacific Palisades and Santa Monica. The 4,858 SF two-story building sits on a 12,288 SF lot, and is comprised of (4) bright and spacious two-bedroom and two bath units featuring stunning panoramic ocean views from every nearly every room (except back bedroom). Each unit comes equipped with a washer and dryer. Additionally, the subject property includes 6 side-by-side garage parking spots. This beachside property offers a significant value-add opportunity to potential investors, as current rents are approximately 43% below market value for nicely remodeled units in the area.