INVESTOR ALERT in the esteemed Malibu Villas! Secure immediate ROI with this property, tenant-occupied for 1 year starting July 1, 2023, at a favorable rate of $6,000/mo., which can rise to $6,500/mo. if the option to extend is exercised. Enjoy ocean breezes from balconies off the living area and primary suite, and embrace the outdoors with features like a private garden patio and the sound of a nearby waterfall. This 2nd-row townhome, a stone's throw from Paradise Cove Beach. This spacious 3 bed, 3 bath unit boasts over 1,680 sq ft across a tri-level layout, featuring high ceilings, hardwood floors, an updated kitchen, and a cozy wood-burning fireplace. This gated community promises security and resort-style amenities: pool, spa, clubhouse, and tranquil ponds amidst lush landscaping. Comes with a 2-car attached garage and washer/dryer in the garage. Potential 1031-exchange opportunity. Experience the Malibu lifestyle with a touch of luxury and an enticing ROI!