A singular opportunity to create the beach residence of your dreams, this Malibu Road property offers approximately 50 feet of sandy beachfront and a nonstop ocean panorama from Point Dume to the Palos Verdes peninsula. A recent $375,000 structural retrofitting. Configured as four apartments – two two-bedroom oceanfront units, and two one-bedroom units built over the four-car garage spots – all with private entrances and ocean views, the property could be transformed into a spectacular single-family home or a large owner-user unit with one or two rentals or guest accommodations. The existing apartments have high, rustic wood ceilings with exposed beams, view decks, wood floors, and an open-plan layout with plenty of light. The beach-side units each have a fireplace and skylights. An outside stairway leads down to the wide sandy beach and additional storage space beneath the structure. This is a rare opportunity to create a custom home.