Exceptional opportunity on 50+/- feet of sandy beachfront Malibu Road. This 4 unit apartment building is easily the best buy on the beach and priced for a quick sale. An application has been submitted and is currently under review to combine the 2 oceanfront units into 1 spacious beachfront owner's showplace, while retaining the 2 existing 1 bedroom apartments. Both with amazing ocean views over the 4 car garage each with their own private entrance. Perfect to use as rentals for additional income, guest quarters or home offices. 3 of the 4 units are on month-to-month leases and require 24 hours notice to show. 1 unit is being kept vacant for short notice showings. Prior to the planned vacancy, the combined monthly gross income was $17,000. Many of these rare properties have been transformed into phenomenal single family residences in the past years. Don't miss out on the potential this property has to offer!