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$ 1,200,000
Est. payment | /mo
2,340 Sqft Lot
$ 1,200,000
Est. payment | /mo
2,340 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL26657733
HOA Y/N No
Lot Size 2,340 Sqft
Acres 0.0537
Property Sub-Type Unimproved Land
Property 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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Exterior
View Y/N false
View None
Building
Water Public, Other
New Construction No
Others
Tax ID 4449003061
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Listed by Kathryn Bentzen • Coldwell Banker Realty
Nearby Locations
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