23901 Civic Center Way 114, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
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Malibu, California 90265
This Turnkey Malibu Investment Townhome is listed at $995,000, representing a stable asset in a high-demand coastal market relative to its $901,028 Fair Market Value. Boasting an Excellent Condition Rating, the interior features a sophisticated renovation with wide-plank oak flooring and a sleek stone kitchen. The property is a high-yield asset, currently generating $6,000 per month in rental income through August 2026. With Panoramic Ocean and Mountain Views and resort-style amenities near Pepperdine University, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants planning a future move.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23901 Civic Center Way 114 Subject | $995,000* List Price | 2 | 2 | 992 | $908 | - |
A 23901 Civic Center Way 262 Sold | $745,000 | 2 | 2 | 895 | $832 | - |
B 23901 Civic Center Way 228 Sold | $700,000 | 2 | 2 | 902 | $776 | - |
C 23901 Civic Center Way 237 Sold | $725,000 | 2 | 2 | 895 | $810 | - |
D 23901 Civic Center Way 122 Active | $929,000 List Price | 2 | 2 | 992 | $936 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1972, the interior has undergone an extensive recent renovation within the last 5 years. The property features high-end modern finishes including wide plank oak flooring, crisp white stone tile, recessed lighting, and a sleek kitchen with soft-close cabinetry and stainless steel appliances. The overall quality of the finishes and the 'fresh' condition of the interior meet the criteria for excellent condition.
Situated in a guard-gated community in central Malibu, this unit offers rare panoramic views of Santa Monica Bay and the mountains while being steps from the Malibu Farmer's Market and Whole Foods.
The home features high-end finishes including wide plank oak flooring, crisp stone tile, and a sleek kitchen with stainless steel appliances and soft-close cabinetry, providing a move-in-ready aesthetic.
Currently generating $6,000 per month in rental income with a lease secured through August 2026, offering immediate and significant cash flow for investors in a high-demand area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =166891, other record lot size in square feet = 166825.
The monthly association fee of $1,100 is relatively high for a sub-1,000 square foot unit, which may impact the overall net return for investors or monthly affordability for future residents.
With a tenant in place until late 2026, the property is unavailable for immediate owner-occupancy, limiting the buyer pool to long-term investors or those not needing a primary residence for several years.
Location, Views, Amenities! Enjoy Santa Monica Bay ocean views and panoramic mountain views from this coveted central Malibu two-bedroom, one-and-a-half-bath townhome style condo tucked away from Pacific Coast Highway in the guard-gated Malibu Canyon Village community. Thoughtfully updated, this home blends modern sophistication with comfort featuring stainless steel appliances, crisp white stone floor tile downstairs, wide plank oak flooring upstairs, recessed lighting and custom features throughout. The sleek kitchen offers soft-close cabinetry, while every interior finish feels fresh and luxurious. Start your day with breathtaking sunrises, then take advantage of the resort style community amenities: a refreshing pool, tennis court, and a gym boasting panoramic ocean and mountain views. Two covered parking spaces and a guest pass add to the convenience. Currently tenant-occupied through August 2026 at a monthly rental rate of $6,000/month, this property also presents an investment opportunity. Ideally located near Malibu Farmer's Market, local dining and shopping, Pepperdine University, and Whole Foods, this townhome offers a lifestyle of beauty and ease.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 992 | 1,050 | 35% |
| Lot Size | 166,891 | 147,054.5 | 50% |
| Price | $995.0K | $1.04M | 45% |
| Price per sq ft | $1.0K | $871 | 55% |
| Built year | 1972 | 1973 | 35% |
| HOA | $1100.0 | $1.1K | 50% |
| Days on market | 42 | 223 | 5% |
Mar 11, 2026
$995,000
Initial Listing
Apr 20, 2023
$845,000
Public Record
Nov 2, 2010
$410,000
Public Record
Sep 19, 1995
$162,500
Public Record