22467 Pacific Coast Highway
Malibu, CA 90265
Listing broker / agent: Compass · Russell Grether · CRMLS
MLS # 26707707 · Last checked Oct 22, 2026 01:19 UTC
About this property
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.
Property details
- MLS number
- 26707707
- Status
- Active
- Type
- Residential Income
- Beds / baths
- 2 Beds • 2 Baths
- Living area
- 1,206 (area; units unconfirmed)
- Lot size
- 0.593 acres
- County
- Los Angeles
- Year built
- 1947
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 130
Building
- Year built
- 1947
- Stories
- 1
- Building stories
- 1
- Levels
- One
Bathrooms
- Full bathrooms
- 0
- Half bathrooms
- 0
- Three-quarter bathrooms
- 0
- Quarter bathrooms
- 0
Rooms & interior
- Appliances
- Dishwasher, Refrigerator
- Heating
- Central
Exterior & parking
- Total parking spaces
- 15
- Parking
- Guest, Uncovered
Fees & lease terms
- Association
- No
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Webster Elementary (school website, opens in a new tab) Santa Monica-Malibu Unified · Malibu | Not reported | 1.9 mi |
| Topanga Elementary Charter (school website, opens in a new tab) Los Angeles Unified · Topanga | K–5 | 5.0 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $4,950,000
- MLS-reported original asking price
- $5,750,000
- MLS-reported previous asking price
- $5,750,000
- MLS-reported last price change
- 2026-08-21 11:26 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 08:45 | $4,950,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Malibu
Active residential homes for sale in Malibu, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
17 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-22 02:17 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗