
Malibu, California 90265
Analysis of 31256 Bailard Road, Malibu, California 90265 is currently available with a list price of $2,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1970 (54 years old) and appearing on the market for the first time in 50 years, the property is well-maintained but dated. Interior photos show popcorn ceilings and older sliding door systems, suggesting that while functional and 'lovely,' the kitchens, baths, and core systems likely exceed the 20-year threshold for major updates.
Zoned as a duplex but currently configured as three separate units, this property offers exceptional flexibility for investors or owner-users looking to offset their mortgage with multiple rental streams.
The inclusion of deeded beach rights at Sea Level Drive provides a rare and highly coveted amenity that significantly enhances the property's value and the quintessential Malibu lifestyle experience.
Ideally situated near Broad Beach, Zuma Beach, and Trancas Country Mart, the property's location ensures high tenant demand and easy access to premium shopping and dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The property is officially zoned as a duplex but is being utilized as three units; this non-conforming use may present challenges with financing, insurance, or future city compliance.
Built in 1970 and maintained in its 'Old Malibu' character, the property likely requires modernization of its systems and finishes to achieve top-tier market rents and contemporary energy efficiency.
Income opportunity - First time on the market in almost 50 years. Western Malibu mid-century duplex with 5 bedrooms and 3 bathrooms. Zoned as a duplex, but currently occupied as three units. The property features two inviting upper residences, each offering 2 bedrooms, 1-bathroom, generous bright living rooms with fireplaces, dining areas, kitchens and spacious multiple private decks that enjoy fresh ocean breezes. 2 car garage below one of the units is currently being used as a gym. Unit downstairs is one bedroom, bathroom, great room with a kitchen, and a carport. Mid-century with sliding glass doors to decks, open beam ceilings and individual laundry hook-ups. All units are in lovely condition and have been kept up quite nicely. Live in Malibu, rent out the second unit or rent out all units. Includes beach rights at Sea Level Drive. These opportunities don't come along often. Rich with classic Old Malibu character, these units capture the relaxed beach lifestyle we all know and love about Malibu. Located just moments from Broad Beach, Zuma Beach, Trancas Country Mart and Point Dume, all of which make this property appealing to rental prospects and potential owners.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.3 |
| Baths | 3.0 | 3.7 |
| Square foot | 2,984 | 2,959.4 |
| Lot Size | 7,667 | 37,912.886 |
| Price | $2.25M | $4.17M |
| Price per sq ft | $754 | $1.3K |
| Built year | 1970 | 1977 |
| HOA | $0 | $1.3K |
| Days on market | 41 | 102 |
Jul 30, 2026
$2,250,000
Initial Listing