ActiveCondominium

21226 Pacific Coast Highway

Malibu, CA, 90265

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$2,499,000

MLS: 26659853

Beds

2

Baths

3

Sq Ft

1,889

Lot

0.57 ac

Year Built

1973

MLS #

26659853

Days on Market

8

Listed

Mar 4, 2026

Description

A rare opportunity to own a frontrow townhome on Malibu's coveted La Costa Beach. This corner unit sits in a premier position with unobstructed, head on ocean views and sweeping panoramas up and down the coastline. This gated beachfront complex offers covered parking directly off PCH and an unbeatable location moments from downtown Malibu, Pacific Palisades, and Santa Monica. This unit experienced fire damage in the January 7, 2025 Palisades fire and is now a blank canvas ready for transformation. Bring your architect, contractor, and vision to create a bespoke coastal retreat on one of Malibu's most desirable sand-on-the-water stretches. Exceptional value for a beachfront buyer looking for opportunity and upside.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: John Cosentino · Sotheby's International Realty

Payment estimate

$17,659

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $249,900 · Loan: $2,249,100

%
Principal & Interest
$13,819
Property tax (1.25%)
$2,603
Homeowners insurance
$300
Mortgage insurance
$937
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $87,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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