10
Map
$2,495,000
●
Land -
For Sale
19042 Pacific Coast Highway
Malibu, CA 90265
Studio
0 Bath
$12,251
Est. Monthly
About This Property
Rare and extraordinary opportunity to own 60 feet of prime,
all-sand beachfront on coveted Las Tunas Beach in Malibu, where the
Palisades Fire has created a blank canvas for your vision.
Previously graced by a substantial 3,750-square-foot structure
configured as three distinct 2-bedroom, 2-bathroom townhouse style
units plus a generous 5-car garage, the property is zoned for a
3-unit condominium offering flexibility to either recreate a
multi-unit investment or reimagine it as a spectacular
single-family residence on a double lot equivalent. This cleared
burn-out lot commands breathtaking sweeping coastline views across
Santa Monica Bay to the iconic Queen's Necklace, with the added
allure of direct sandy access and the rhythm of the surf just steps
away. Perfectly positioned just minutes from Santa Monica and a
quick 10-minute drive to Nobu, Soho House, and the vibrant Malibu
Country Mart, this exceptional parcel combines unparalleled
oceanfront rarity with prime location convenience in one of
Southern California's most desirable coastal enclaves.
Unit Size
-
Days on Market
121 days
Land Size
0.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1966
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #26848709)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2026 | Listed by The Agency | $2,495,000 | |
| Listed by The Agency | |||
| Feb 6, 2026 | Listed by The Agency | $3,995,000 | |
| Listed by The Agency | |||
   | |||
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Rare and extraordinary opportunity to own 60 feet of prime, all-sand beachfront on coveted Las Tunas Beach in Malibu, where the Palisades Fire has created a blank canvas for your vision. Previously graced by a substantial 3,750-square-foot structure configured as three distinct 2-bedroom, 2-bathroom townhouse style units plus a generous 5-car garage, the property is zoned for a 3-unit condominium offering flexibility to either recreate a multi-unit investment or reimagine it as a spectacular single-family residence on a double lot equivalent. This cleared burn-out lot commands breathtaking sweeping coastline views across Santa Monica Bay to the iconic Queen's Necklace, with the added allure of direct sandy access and the rhythm of the surf just steps away. Perfectly positioned just minutes from Santa Monica and a quick 10-minute drive to Nobu, Soho House, and the vibrant Malibu Country Mart, this exceptional parcel combines unparalleled oceanfront rarity with prime location convenience in one of Southern California's most desirable coastal enclaves.
| |||
Property Highlights
With View
Exterior Details
Lot Size Area: 5186
Lot Size Units: Square Feet
Lot Size Acres: 0.1191
Lot Size Square Feet: 5186
Utilities Details
Sewer : SepticTypeUnknown
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Eastern Malibu
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Listed by: Joey Ben-Zvi, The Agency
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26848709
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26848709
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