20058 Pacific Coast Highway Unit 1, Malibu, CA 90265

$2,500,000

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List Price
$2,500,000
Status
ACTIVE
MLS#
26650919
Lot Size
2,231
Acres
0.05
Lot Location
Bluff
Days on Market
167
Property Type
Land

Property Description

This property held a three story 4 br 3 ba duplex of 2,732 sq. ft that was built in 1957, until the Palisades fire destroyed in in January of 2025. The Seller have come to the conclusion that their insurance is insufficient to replace the Duplex that was destroyed with the necessary code upgrades. The Fire replacement code allows what was there before plus 10% so the new structure totals 2,975 sq feet plus a 440 sq. ft. garage. The design also includes 735 sq. ft. of decks. The design can either be used as a duplex or a single family dwelling by opening a connecting door. No Coastal Permit is required because of the Governor's order regarding rebuilds. Please make an appointment to look at the plans by Vitus Matare & Assoc. Photos are actually Architectural renderings of the proposed house.

Additional Information

View
Bay, Coastline, Panoramic
Sewer
Aerobic Septic, Other, Septic Type Unknown
School District
Santa Monica-Malibu Unified
Attached Structure
Detached

Listing courtesy of Listing Agent: Paul Grisanti (Paul@MalibuRE.com) from Listing Office: Pinnacle Estate Properties.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.