A singular opportunity to own a piece of treasured California coastline. This quiet off-highway oceanfront property on highly desirable Malibu Road offers approximately 50 feet of sandy beachfront and a nonstop ocean panorama from Point Dume to the Palos Verdes peninsula. Four rental units – two two-bedroom oceanfront units, and two set back one-bedroom units – all have private entrances and sensational ocean views. Contemporary design for beach living features high wood ceilings with exposed beams, view decks, wood floors, cook’s kitchens, and an open-plan layout with plenty of light. The two-bedroom units each have a wood-burning fireplace and skylights. An outside stairway leads down to the wide sandy beach with a shower and additional storage space beneath. This is a highly desirable income property with future potential as a spectacular single family home or a large owner-user unit with one or two rentals or guest accommodations. In any configuration, this is one of Southern California’s most appealing locations. The structural retrofit will be completed within 30 days, per owner. Long term rent roll: $45,000; Short term rent roll: $58,000, per owner.