Susan Monus, a Coldwell Banker Global Luxury Property Specialist affiliated with the Malibu West office of Coldwell Banker Residential Brokerage who has specialized in Malibu real estate for 29 years, has listed The Malibu Times iconic property for $1,500,000. Located at 3864 Las Flores Canyon in Malibu, Calif., the approximately 1,843-square-foot building has been occupied by The Malibu Times newspaper since 1947.
“If only the walls could talk! The Malibu Times newspaper has been based in this building for 72 years, and I am sure the publishers, Arnold and Karen York, have many stories to tell,” said Monus. “Minutes from the beach, this great office building is a staple in Malibu.”
In a publisher’s column dated October 12, 2018, Arnold G. York announced that he and Karen York were selling the The Malibu Times. He wrote, “After 31 years of owning The Malibu Times, Karen and I have come to the conclusion that it’s time for us to retire—we’ve put both the newspaper and building up for sale. It is not an easy decision for us, sort of like deciding to sell one’s child. But the time has come for us to pass the pen.”
Karen York adds, “Wonderfully located across from lush natural parks and adjacent to Las Flores Creek, this is a fabulous location with endless possibilities. It’s a fantastic opportunity as both the newspaper and building are for sale at the same time but they don’t necessarily have to be sold together.”
To view the property, contact Susan Monus at 310-589-2477 or susan@susanmonus.com.
Coldwell Banker Residential Brokerage, the No. 1 residential real estate brokerage in Southern California, operates approximately 75 offices with approximately 4,480 affiliated agents. Real estate agents affiliated with the company are independent contractor agents and are not employees of the company. Coldwell Banker Residential Brokerage is part of NRT LLC, the nation’s largest residential real estate brokerage company. For more information, please visit ColdwellBankerHomes.com. CalRE# 00616212