Malibu, CA | RTI Ocean-View Residential Dev't Opportunity
Malibu RTI Luxury Estate | Prime Development Opportunity
Marketing description
30044 Andromeda Lane presents a rare opportunity to acquire an ocean-view residential development site in one of Malibu’s most desirable hillside neighborhoods. Situated at the end of a quiet cul-de-sac, the approximately ±39,624-square-foot parcel offers sweeping, unobstructed views of the Pacific Ocean, Catalina Island, Palos Verdes, and the Malibu coastline.
The property is Ready-to-Issue (RTI) with approved plans for a contemporary two-story luxury single-family residence totaling approximately 5,154 square feet, including basement space. This RTI status significantly reduces entitlement risk and shortens the development timeline, making the site ideal for developers, builders, or owner-users seeking a streamlined path to construction.
The elevated setting provides a rare combination of privacy and accessibility, with convenient proximity to Pacific Coast Highway, Malibu beaches, hiking trails, and premier dining and lifestyle amenities. The surrounding area is characterized by high-end custom homes, reinforcing the long-term value and exclusivity of the location.
With limited supply of ocean-view buildable land in Malibu and high barriers to entry for new residential development, this offering represents a compelling opportunity to create a bespoke luxury residence in a premier coastal market. The combination of RTI approvals, expansive views, and a sought-after cul-de-sac location positions 30044 Andromeda Lane as a standout development opportunity with strong long-term appreciation potential.
Buyer to verify all zoning, development standards, approvals, and permit requirements with the City of Malibu.
Investment highlights
Real Estate + Operating Business Package: Combined sale of the fee-simple property and established tire & auto service business, offering immediate operational continuity.
Turnkey Automotive Facility: ±11,272 SF building with 8 service bays on ±1.17 acres, purpose-built for automotive use with minimal re-tenanting risk.
Prime Visibility & Access: Located along Palm Canyon Drive with strong frontage and traffic exposure (±32,800 cars per day).
Significant Land & Parking: Includes a separate ±7,840 SF rear parking lot and approximately 30 parking stalls, providing operational flexibility and long-term optionality.
Strong Owner-User Appeal: Ideal for tire operators, automotive service brands, or strategic buyers seeking to own both the business and underlying real estate.
Zoning Supports Auto Use: Zoned PCC (Planned Community Commercial), allowing continued automotive operations without entitlement uncertainty.
Infill Coachella Valley Location: Surrounded by national retailers and automotive users in a high-demand trade area with limited comparable offerings.
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