Incredible opportunity to own this rare beachfront triplex on 50 feet of prime Malibu Road. Stunning penthouse spanning the entire upper level offers an oceanfront great room with fireplace, great dining area and gourmet kitchen, all open to an expansive outdoor deck. The penthouse has 3 bedrooms, 2 baths and private laundry room. There are two lower units, each with 2 bedrooms, one with 1 bath and the other with 1.5 baths. They both have open living and kitchen spaces and private oceanfront decks. The property also has two 1 car private garages, and one 2 car garage with ample parking in front of the garages or street parking. Great owner user while having rental income or current owners are in process with Lester Tobias AIA to turn into a fantastic single family residence. All three units are currently occupied month to month. Perfect for a 1031 tax exchange as well.
Single-familyProperty Type
1961Year Built
6,489 sq ftLot Size
$2,416Est. Price/Sq.Ft.
1 car garageParking
Listed by Jeffrey Chertow•DRE #00976750
•310-456-0880 (agent)
•jeffchertow@gmail.com (agent)
Listed by Paul Woodman•DRE #01338766
•310-924-1452 (agent)
•PaulWoodman711@Gmail.com (agent)
Bought with Alex Galuz•DRE #01291486• Crescent Real Estate Corporation
Incredible opportunity to own this rare beachfront triplex on 50 feet of prime Malibu Road. Stunning penthouse spanning the entire upper level offers an oceanfront great room with fireplace, great dining area and gourmet kitchen, all open to an expansive outdoor deck. The penthouse has 3 bedrooms, 2 baths and private laundry room. There are two lower units, each with 2 bedrooms, one with 1 bath and the other with 1.5 baths. They both have open living and kitchen spaces and private oceanfront decks. The property also has two 1 car private garages, and one 2 car garage with ample parking in front of the garages or street parking. Great owner user while having rental income or current owners are in process with Lester Tobias AIA to turn into a fantastic single family residence. All three units are currently occupied month to month. Perfect for a 1031 tax exchange as well.
TheMLS #18-302452
Sep 26, 2018
Sold
$8,275,000
$2,052/sq ft
Aug 29, 2018
Pending
—
Aug 2, 2018
Pending
—
Jun 18, 2018
Price Changed
$8,950,000
$2,220/sq ft
Jan 12, 2018
Listed
$9,500,000
$2,356/sq ft
TheMLS #17-189504
May 26, 2017
Sold
$7,562,500
$1,876/sq ft
May 17, 2017
Pending
—
Apr 10, 2017
Pending
—
Jan 4, 2017
Listed
$7,995,000
$1,983/sq ft
+26
Triplex situated on 50 feet of prime Malibu Road Beachfront. An amazing penthouse spanning the whole upper level sits this decorators own 3 bedroom 2 bath showplace. The oceanfront great room includes gourmet kitchen, living room with fireplace and an incredible dinning area all leading to expansive out door decking to entertain and watch the whales and dolphins. The lower level includes two units that are both 2 bedrooms one with one bath one with 1.5 baths. They make for great rentals or guest suites. The property also has a 4 car garage and ample parking in front of garages or street parking. It is currently zoned as a 4 unit but is now 3 units. Great owner user while having rental income or perhaps turn the 4,032 SQ Ft(Per assessor) into a single family residence (subject to City of Malibu Approval) City of Malibu Septic Operating Permit on File.
Public Records
Feb 12, 2004
Sold
$3,280,000
$813/sq ft
Public Records
Jun 13, 1977
Sold
$425,000
$105/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$113,801 (+8.0%)
$8,533,718 + $881,815
$9,415,533
2024
$105,329 (+1.8%)
$8,366,391 + $864,525
$9,230,916
2023
$103,457 (+1.2%)
$8,202,345 + $847,574
$9,049,919
2022
$102,236 (+2.3%)
$8,041,515 + $830,955
$8,872,470
2021
$99,943 (+0.6%)
$7,883,839 + $814,662
$8,698,501
2020
$99,386 (+1.4%)
$7,729,254 + $798,689
$8,527,943
2019
$98,024 (+10.5%)
$7,650,000 + $790,500
$8,440,500
2018
$88,671 (+85.9%)
$7,500,000 + $775,000
$8,275,000
2017
$47,696 (+3.3%)
$3,307,681 + $710,536
$4,018,217
2016
$46,186 (+1.3%)
$3,307,681 + $710,536
$4,018,217
2015
$45,578 (+1.5%)
$3,242,825 + $696,604
$3,939,429
2014
$44,912 (+3.0%)
$3,131,547 + $672,701
$3,804,248
2012
$43,605 (+2.2%)
$3,117,395 + $669,661
$3,787,056
2011
$42,649 (+0.4%)
$3,056,270 + $656,531
$3,712,801
2010
$42,498 (+2.6%)
$2,996,344 + $643,658
$3,640,002
2009
$41,435 (+2.3%)
$2,973,951 + $638,848
$3,612,799
2008
$40,513
$2,981,017 + $640,366
$3,621,383
Tax history for 25216 Malibu Rd
Year
Property tax
Land + Additions
Assessment*
2025
$113,801 (+8.0%)
$8,533,718 + $881,815
$9,415,533
2024
$105,329 (+1.8%)
$8,366,391 + $864,525
$9,230,916
2023
$103,457 (+1.2%)
$8,202,345 + $847,574
$9,049,919
2022
$102,236 (+2.3%)
$8,041,515 + $830,955
$8,872,470
2021
$99,943 (+0.6%)
$7,883,839 + $814,662
$8,698,501
2020
$99,386 (+1.4%)
$7,729,254 + $798,689
$8,527,943
2019
$98,024 (+10.5%)
$7,650,000 + $790,500
$8,440,500
2018
$88,671 (+85.9%)
$7,500,000 + $775,000
$8,275,000
2017
$47,696 (+3.3%)
$3,307,681 + $710,536
$4,018,217
2016
$46,186 (+1.3%)
$3,307,681 + $710,536
$4,018,217
2015
$45,578 (+1.5%)
$3,242,825 + $696,604
$3,939,429
2014
$44,912 (+3.0%)
$3,131,547 + $672,701
$3,804,248
2012
$43,605 (+2.2%)
$3,117,395 + $669,661
$3,787,056
2011
$42,649 (+0.4%)
$3,056,270 + $656,531
$3,712,801
2010
$42,498 (+2.6%)
$2,996,344 + $643,658
$3,640,002
2009
$41,435 (+2.3%)
$2,973,951 + $638,848
$3,612,799
2008
$40,513
$2,981,017 + $640,366
$3,621,383
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
8
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
6,491 Sq. Ft.
Year renovated
1971
Sq. Ft.
4,032
Year built
1961
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
4459015017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 5, 2026.
MFBF
Multifamily Beach Front District
The MFBF district provides standards for development on beach front lots in the city and is intended to provide for a variety of residential opportunities ranging from single-family to multiple-family.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Senior
Housing-Mobile home park
Property details
Parking
Garage
Assigned, Private Garage
Interior
Bathroom Information
# of Baths (Full): 4
# of Baths (1/2): 1
Laundry Information
Laundry Inside
Additional Rooms
Breakfast Bar, Dining Area, Master Bedroom, Other Room
View: Catalina, City Lights, Coastline, Ocean, Panoramic, White Water
Financial
Assessment Information
Assessor Parcel Number: 4459-015-017
Location
Community Information
# of Units in Complex (Total): 3
Location Information
Directions: Pacific Coast Highway to Webb Way to Malibu Rd to address.
Public facts
Beds: 8
Baths: 8.0
Sq. Ft.: 4,032
Stories: —
Lot Size: 6,491 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1961
Year Renovated: 1971
County: Los Angeles County
APN: 4459015017
Home facts updated by county records on Oct 5, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
K - 12
Preschool & daycare
Webster Elementary School
Public K-5 • Assigned • 1.5mi
10/10
Malibu Middle
Public 6-8 • Assigned • 6.0mi
7/10
Malibu High School
Public 9-12 • Assigned • 5.9mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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