Kelemen Company Sells Iconic Malibu Parcel “The Knoll” for $6.5 Million

Malibu, CA — Kelemen Company is proud to announce the successful sale of The Knoll, a premier ocean-view parcel located at 23907 Malibu Road, for $6.5 million. The property, one of the most desirable undeveloped sites along Malibu’s famed coastline, was purchased by a private local buyer. The transaction was self-marketed and completed directly by Kelemen Company, which sourced the buyer without outside brokerage representation.

“Our team has always believed in the value of authentic relationships and deep market knowledge,” said Tibor Kelemen, CEO of Kelemen Company. “The sale of The Knoll reflects our ability to connect distinctive properties with discerning buyers who understand Malibu’s unique landscape and lifestyle. We’re proud to have guided this transaction from start to finish in-house, reinforcing our commitment to hands-on, results-driven real estate stewardship.”

Kelemen is actively looking to acquire Southern California office, industrial, and covered land/redevelopment opportunities.

About Kelemen Company

Based in Irvine, CA, Kelemen Company is a privately held real estate investment, development, and property management firm specializing in high-quality residential, commercial, and mixed-use projects throughout Southern California. It’s current portfolio consists of additional coastal land in Malibu, local Orange County office buildings, and infill covered land/redevelopment sites.  With a focus on thoughtful design, strategic acquisitions, and long-term value creation, Kelemen Company has built a reputation for integrity, precision, and performance. From iconic coastal land to local office buildings to infill redevelopment opportunities, the firm’s history reflects a commitment to excellence and a deep understanding of California’s most dynamic markets.