21226 Pacific Coast Highway, Malibu, California 90265, Malibu, 90265 - 2 bed, 3 bath
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Malibu, California 90265
Analysis of 21226 Pacific Coast Highway, Malibu, California 90265 is currently available with a list price of $2,499,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Malibu Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property suffered extensive fire damage in January 2025 and is currently a 'blank canvas' requiring a complete interior reconstruction. It lacks a functional kitchen, bathrooms, and flooring, and requires total replacement of all major systems, rendering it uninhabitable in its current state.
Situated as a front-row corner unit on the coveted La Costa Beach, this property offers a rare and prestigious position with direct sand-on-the-water access in a gated complex.
The unit boasts exceptional head-on ocean views and sweeping panoramas of the coastline, Catalina Island, and city lights from its premier corner vantage point.
Currently a 'blank canvas' due to fire damage, this property presents a unique opportunity for an investor or end-user to create a bespoke luxury retreat and capture substantial equity upside.
The property requires a complete interior reconstruction and significant capital expenditure to restore it to a habitable and finished state following the 2025 Palisades fire.
With monthly association fees exceeding $2,750, the ongoing ownership costs are substantial, particularly during the lengthy renovation and permitting period.
A rare opportunity to own a frontrow townhome on Malibu's coveted La Costa Beach. This corner unit sits in a premier position with unobstructed, head on ocean views and sweeping panoramas up and down the coastline. This gated beachfront complex offers covered parking directly off PCH and an unbeatable location moments from downtown Malibu, Pacific Palisades, and Santa Monica. This unit experienced fire damage in the January 7, 2025 Palisades fire and is now a blank canvas ready for transformation. Bring your architect, contractor, and vision to create a bespoke coastal retreat on one of Malibu's most desirable sand-on-the-water stretches. Exceptional value for a beachfront buyer looking for opportunity and upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,889 | 1,119 | 80% |
| Lot Size | 24,761 | 122,289.5 | 40% |
| Price | $2.50M | $1.09M | 90% |
| Price per sq ft | $1.3K | $871 | 65% |
| Built year | 1973 | 1973 | 50% |
| HOA | $2759.67 | $1.1K | 95% |
| Days on market | 49 | 223 | 10% |
Mar 4, 2026
$2,499,000
Initial Listing
Sep 15, 2003
$2,000,000
Public Record
Sep 23, 1998
$30,000
Public Record