23422 W Copacabana Street

Malibu, CA 90265

$675,000

List Price

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Property Description

MALIBU ACCELERATED DEVELOPMENT OPPORTUNITYExtraordinary rebuild-ready parcel in coveted Sea View Estates with unprecedented regulatory advantages. This 21,981 SF (0.5 acre) lot offers a rare combination of development advantages: full site clearance, established utilities (water, electric, septic), and qualification under Executive Order N-4-25 providing streamlined approvals for rebuilding.The property previously supported a 2,690 SF residence (3 bed/3 bath), establishing a development footprint that qualifies for expedited permitting, including CEQA exemptions and streamlined Coastal Development review. This regulatory advantage potentially reduces the typical Malibu development timeline by 12-18 months.DEVELOPMENT-READY CONDITIONFully cleared and certified for immediate development:Complete debris removal (verified in photos)Hazardous materials professionally abatedHVAC and all damaged structures removedUS Army Corps of Engineers clearance completedMost prepared and construction-ready lot in the fire recovery zoneSet on a quiet cul-de-sac in the hills above Malibu with potential ocean views, this parcel represents an exceptional value at $675,000 in an area where comparable homes command $3M+. Recent market analysis shows area properties selling at a median of $2,987,000 with average values of $950/SF.IMMEDIATE CONSTRUCTION POTENTIALAll utilities remain in place, allowing for immediate planning and construction:Water service connectedElectrical service availableSeptic system in placeNo demolition or site prep requiredThis combination of regulatory advantage, site readiness, and attractive price point creates a compelling investment opportunity in one of Southern California's most prestigious coastal communities.PREMIUM LOCATIONNestled in prestigious Sea View Estates, this property offers the ideal balance of seclusion and convenience:Minutes from Malibu's iconic beachesEasy access to hiking trails in the Santa Monica MountainsProximity to upscale shopping at Malibu Country MartWorld-class dining including Nobu MalibuExcellent access to top-rated schools and Pepperdine UniversityINVESTMENT THESISLead the charge in Malibu's rebuilding effort:Acquire at exceptional discount to finished valueCapitalize on temporary regulatory advantagesBuild your dream home for a fraction of future market valuePosition for significant equity creationRare opportunity in a market known for limited supplyThis offering represents a limited-time opportunity to capitalize on temporary regulatory advantages while acquiring prime Malibu real estate at an exceptional value.

Listing Information

List Price $675,000
Status Active
MLS 25515765
Type Land
Lot Size 21,988
Structure Size N/A
Courtesy Of LOOM REALTY
Listing Agent David Bramante DRE#01511588

Interior Features

Total Bedroom
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Exterior Information

Other Structures
Views Coastline, Canyon, Hills, Mountain(s), Ocean, Panoramic, Rocks, Trees/Woods

Maps

home_work Nearby Properties

Listing information courtesy of: David Bramante, LOOM REALTY 310-906-5459. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 31st, 2025 at 2:58 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.