Trophy Property located in the Heart of Malibu's central business district. 3.65 +/- Acres zoned Commercial CC. Last Ocean view parcel w/this zoning. Flat land w/rocky knoll rising majestically 200'up, Approx. Spectacular Ocean, Malibu Canyon, Serra Retreat, Palos Verdes and Catalina Island views. Utility easement from Civic Center Way to land. Property appraisal $4,150M, May 2015. Not controlled by Measure R, which mandates community vote if a structure is over 20,000 SF. Civic Center Sewer scheduled to be on-line late 2017. In 1995 the City voted to allow senior housing w/a conditional use permit in CC zone.
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