A Condo With Mansion Views

A corner unit in one of Malibu's classic complexes is on the market for just under $5 million.

August 25, 2026

22548 PCH, Unit 111

$4,950,000 / 2 Beds / 2 Baths / 1,580 Sq. Ft.

Located in the Malibu Outrigger on Carbon Beach, one of the city’s original apartment complexes from the 1960s, this corner unit boasts ocean views normally reserved for billionaires.

An open, wraparound glass living area showcases the unit’s enviable geography, sitting on the first floor right atop the water, with views from Palos Verdes to Surfrider Beach. Much of the rest of the floorplan, though snug, proffers ocean views as well, including both of the two bedrooms.

HOA dues top $2,000 monthly, though the Outrigger offers some good amenities, including a private beach area and pool on the sand.

[Bill Kelly](https://www.sothebysrealty.com/eng/sales/detail/180-l-3934-p6zz9q/22548-pacific-coast-highway-111-eastern-malibu-malibu-ca-90265) with Sotheby’s has the listing.