Rare income property in a great Malibu location, steps to Carbon Beach access.The building is a legal 4 unit operating as 6 Units. Unit #5 is non-conforming and is rented at $675 (the income is not included in calculations). Unit #6 is a bachelor; one bed room was split off from and is legal leasable sq, footage. Units 1 - 4 have wood burning fireplaces, balconies and single garages. Two of the units have been extensively upgraded with duel-pane windows, dishwashers, and granite and tiled counter tops. The two upper units have vaulted ceilings and ocean views. A new septic system was recently installed and a City Operating Permit obtained. A new 75 gallon water heater was installed in May 2015. There is laundry on-site (leased month to month). Unit two is leased until 2/27/17.