First time on market in over 30 years! Rare opportunity to purchase this Prime 50+/- feet of Malibu Road ocean front 4 UNIT APARTMENT BLDG on sandy beach! Unit configuration is as follows: Two units are ocean front with 2 bedrooms and 1.5 baths each and two units are 1 bedroom 1 bath above the 4 car garage with fantastic ocean views.Owner says current income is $17,000/mo gross. 3 out of 4 units are on month to month rental. This is an ideal owner/user with possibility to turn the beachfront units into an amazing owners residence and still have two income producing units, guest suites or home offices. OR many of these Malibu Rd properties in the recent past, have been transformed into phenomenal single family residences. -Showings Mondays & Wednesdays only between 10am -2 PM with 24 hr. notice. PLEASE do not disturb tenants.