18203 Coastline Drive 2, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
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18203 Coastline Drive 2
Malibu, California 90265
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,015Sq Ft
22,167Lot Size
Property Price
LIST PRICE$1,275,000
EST. MARKET VALUE
$1,229,686
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,275,000—positioned above the $1,229,687 Fair Market Value. While priced at a premium, the asset offers significant value-add potential through modernization. Featuring unobstructed panoramic ocean views and a Condition Rating of 4, the unit serves as a blank canvas for renovation. Located in a prestigious area with access to Webster Elementary (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal project with long-term appreciation potential.
Estimated Market Value
$1,229,686
Based on Realkey algorithm analyzing recent comparable sales in Malibu.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18203 Coastline Drive 2 Subject | $1,275,000* List Price | 2 | 2 | 1,015 | $1,212 | - |
A 18203 Coastline 13 Active | $1,324,000 List Price | 2 | 2 | 1,100 | $1,204 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971, this 50+ year old property is described as a 'canvas for your personal vision,' indicating it is dated and requires modernization. While it features new carpets and a clean interior, the kitchen and bathrooms likely need significant updates to meet current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Webster Elementary School (9/10).
- Panoramic Ocean Views
The property features breathtaking, unobstructed views of the Pacific Ocean, Santa Monica Pier, and Catalina Island, which serves as a primary value driver for the location.
- Competitive Market Entry
Positioned at a highly attractive price point for Malibu, this condo represents a rare entry-level opportunity for a coastal residence or high-potential investment.
CONSRISKS & DEFICIENCIES
- Renovation Required
Marketed as an 'ideal canvas,' the 1971-built unit likely requires significant cosmetic or structural updates to align with modern luxury standards and maximize its value.
- Compact Square Footage
At 1,015 square feet, the interior living space is relatively modest for a two-bedroom residence, which may be a constraint for buyers seeking more expansive layouts.
About 18203 Coastline Drive 2
An exceptional opportunity to create your own coastal retreat with breathtaking, unobstructed panoramic views of the Pacific Ocean, Santa Monica Pier, Palos Verdes, and Catalina Island. This inviting two-bedroom, two-bathroom condo offers an ideal canvas for your personal vision and style, with two spacious en-suite bedrooms and new carpet throughout the bedrooms. Enjoy the beauty of the coastline from your home while benefiting from a low HOA, private parking, and a desirable coastal location. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers incredible potential in a truly spectacular setting. And the best part? All this ocean-view magic comes at a price that'll make you do a double take. This one won't last, sunsets this good never do.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 22,167 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $650.0 / Month
Neighborhood Insights
Malibu Unified Schools
Webster Elementary School
Grades K-5 • 7.4 mi
9/10
Malibu High School
Grades 6-12 • 14.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,015 | 1,272.667 |
| Lot Size | 22,167 | 88,350.5 |
| Price | $1.27M | $1.62M |
| Price per sq ft | $1.3K | $1.2K |
| Built year | 1971 | 1978 |
| HOA | $650.0 | $1.1K |
| Days on market | 9 | 83 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,275,000
Initial Listing