Location! Location! Location! This diamond-in-the-rough is sold "AS IS" & situated in a highly SOUGHT-AFTER location in coveted Point Dume! It is surrounded by eight-figure homes & is the best-priced property in the area! Just a few feet away from majestic trails at nearby bluffs w/ panoramic ocean views, & trails to sandy Westward Beach! This OCEAN-VIEW, classic, beachy triplex offers an investment opportunity by improving the current rental income to market rates, potentially maximizing w/ short-term rentals, or by possibly renovating it into a single-family of your dreams! The property has a classic Malibu-beach-style motif, emphasizing indoor/outdoor & open-concept living. Oversized windows, beamed ceilings & ceiling fans maximize their sunlit and airy rooms. Each unit is separately metered. UNIT #1: 1 bd/1 bath. The ocean-view living room which opens onto a view deck is everything! There's an abundance of space for relaxing & dining indoors/outdoors. An in-unit washer/dryer is in the kitchen (in addition to the building's laundry room) & an enclosed garage has plenty of storage. BBQ anyone? Enjoy the add'l downstairs covered patio space! UNIT #2: 2 bd/2 bath. Another great ocean-view unit w/ a large, semi-covered deck, enclosed garage, & lots of storage space. Return from the beach to the open living-family room drenched with sunlight via the wraparound windows. UNIT #3: 2 bd/2 bath. Take in the ocean-view, open-concept living room-kitchen-sunroom & a spacious private patio for dining &/or reading w/ lovely treetop & ocean views. A bonus storage area can fit beach equipment, surfboards, etc! Embark on classic stunning Malibu beach days & sunset nights at this memory-making special property w/ its easy beach/hiking access, gentle, cool, ocean breezes & off-street parking. This is prime Point Dume location and investment opportunity.
Courtesy of Beverly and Company, Inc., Mary Faherty,
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Data last updated 2/6/23