1031 exchange or...? This OCEAN-VIEW triplex w/ so much potential, is situated in a highly SOUGHT-AFTER location in coveted Point Dume! Remodel, restore, reimagine, rebuild! Sold "AS IS" bring your designer or contractor to this prime location. This classic, beachy, Malibu property offers great opportunity by improving the current rental income or by converting into a single-family home to capture all its potential! It is surrounded by eight-figure homes and is the lowest-priced property in this must-have location! Just a few feet away from majestic trails on the bluffs w/ panoramic ocean views, Westward Beach & Sunset Restaurant! The property has a casual Malibu beach-style motif, w/ sun-drenched, ocean-view decks/patios. Oversized windows, beamed ceilings & ceiling fans maximize their sunlit and airy rooms. Each unit is separately metered. UNIT #1: 1 bd/1 bath. Recently updated & turn-key. The ocean-view living room which opens onto a view deck is everything! There's an abundance of space for relaxing & dining indoors/outdoors. An in-unit washer/dryer is in the kitchen (in addition to the building's laundry room) & an enclosed garage has plenty of storage. Enjoy add'l downstairs covered patio space! UNIT #2: 2 bd/2 bath. Another great ocean-view unit w/ a large, semi-covered deck, enclosed garage, & lots of storage space. Return from the beach to the open living-family room drenched with sunlight via the wraparound windows. UNIT #3: 2 bd/2 bath. Take in the ocean-view, open-concept living room-kitchen-sunroom & a spacious private patio for dining &/or reading w/ lovely treetop & ocean views. A bonus storage area can fit beach equipment, surfboards, etc! Enjoy Malibu beach days & sunset nights at this memory-making special property w/ its easy beach/hiking access, gentle, cool, ocean breezes & off-street parking. This is prime Point Dume investment opportunity w/ endless potential!
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