20538 Pacific Coast Hwy, Malibu, CA 90265

Description

Attention developers, investors, and oceanfront seekers! This is your chance to create a custom coastal retreat on one of Malibu's most scenic and sought-after stretchesBig Rock Beach. The previous two-story, 3-bedroom, 3-bath home (approx. 1,853 sq. ft.) was lost in the Palisades/Malibu fire, leaving behind a prime, build-ready site with expansive, unobstructed ocean views.This unique leasehold opportunity offers exceptional value, with the current land lease secured through 2070 at just $1,126.74/month, with only a 3% annual increase- a rare find for Malibu beachfront. The potential here is tremendous, whether you choose to rebuild, renegotiate terms, or explore the pos...