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Great price reduction on an exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
Property Type(s):
Residential Income
| Last Updated | 7/7/2025 | Year Built | 1954 |
|---|---|---|---|
| Community | 163 - Malaga Cove | Garage Spaces | 10.0 |
| County | Los Angeles |
Price History
| Prior to May 22, '25 | $6,500,000 |
|---|---|
| May 22, '25 - Jun 21, '25 | $6,200,000 |
| Jun 21, '25 - Jul 7, '25 | $6,000,000 |
| Jul 7, '25 - Today | $5,500,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | 163 - Malaga Cove |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Forced Air, Wall Furnace |
| LOT | 0.3308 acre(s) |
| LOT DESCRIPTION | Near Public Transit |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| UTILITIES | Electricity Available, Natural Gas Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood, Ocean |
| WATER | Public |
Location
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Listed with Estate Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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