Incredible and intriguing Malibu beachfront opportunity!! For Sale - 7 ocean front parcels ON THE BEACH just west of Moonshadows Restaurant (between Big Rock and Las Flores beaches). In 1963 Townhomes were built on ocean front parcels each approx. 20ft x 100ft: the properties were sold with 99 year Land Leases, 49 years are left (then townhome reverts to Land owner), the last 6 parcels are now for sale with their lease generating income (Townhomes are not a part of this sale). Property addresses on Pacific Coast highway: #s 20438, 20440, 20458, 20520, 20534, 20546. SALE INCLUDES 7th parcel (APN 450-005-041) VACANT LOT approx. 43ft x 109ft ZONED MULTI-FAMILY. The 7 PARCELS are REDUCED FOR IMMED SALE (Orig''l $5.25 million). Details available, see Priv. Remarks and ''photos''. Carol@CarolBird.com , 310-818-5780 and Dorian.Dunes@telesproperties.com, 310-657-8386
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