NOT LISTED FOR SALE

11770 Pacific Coast Hwy Unit I Malibu, CA 90265

Estimated Value: $2,675,884 - $3,017,000

3 Beds
3.5 Baths
1,436 Sq Ft
$2,014/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $2,300,000 $1,602 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $17,538/month

321 Days on Market

Highlights

  • White Water Ocean Views
  • Maid or Guest Quarters
  • Furnished
  • Detached Guest House
  • Wood Flooring
  • Living Room

About This Home

As of October 2020

Just reduced! Fabulous opportunity! This wonderful beach house with everything your heart desires! Imagine yourself enjoying your new home at the beach, glamorously appointed with rich Venetian plaster walls, brocade, silk damask, Venetian sconces, granite counters, sumptuous custom draperies, travertine baths, a TV that gracefully emerges at the foot of the master bed, a high-end master bed that adjusts to each person's wishes, it will make your dreams come true. Lounge on your ocean-front deck while you enjoy the magnificent view. Catch sight of dolphins, whales, and seals, right next to a well-known surf spot, steps from your door. Indulge in the private beach, accessible to the south. The home has an elevator, so no stairs need ever be climbed. A fabulous detached one-bedroom guest house is located across the courtyard. Offered fully furnished w/parking for 4 cars w/guest spots for 2 additional cars. Securely located in a private, gated community.

Last Agent to Sell the Property

Kathy Ellis

Coldwell Banker Realty License #01320487 Listed on: 10/29/2019

Coldwell Banker Realty

Last Buyer's Agent

Randa Androus

Equity Union License #02048437

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,282

Year Built

  • Built in 1970

Lot Details

  • 1,989 Sq Ft Lot
  • Property is zoned RPD10U

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Furnished
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Attached Carport Spaces
  • Guest Parking

Utilities

  • Heating Available
  • Cable TV Available

Additional Features

  • Open Patio
  • Detached Guest House

Listing and Financial Details

  • Assessor Parcel Number 700-0-200-465

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,282

Year Built

Built in 1970

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: Now unveiling, for the first time, just what you've been waiting for! This spectacular remodel, with everything your heart desires! Imagine yourself enjoying your new home at the beach, glamorously appointed with rich Venetian plaster walls, brocade, silk damask, Venetian sconces, granite counters, sumptuous custom draperies, travertine baths, a TV that gracefully emerges at the foot of the master bed, a high-end master bed that adjusts to each person's wishes, it will make your dreams come true. Lounge on your ocean-front deck while you enjoy the magnificent view. Catch sight of dolphins, whales, and seals, right next to a well-known surf spot, steps from your door. Indulge in the private beach, accessible to the south. The home has an elevator, so no stairs need ever be climbed. A fabulous detached one-bedroom guest house is located across the courtyard. Offered fully furnished w/parking for 4 cars w/guest spots for 2 additional cars. Securely located in a private, gated community.
  • Entry Floor: 1
  • Living Area: 1436
  • Stories: 2
  • Year Built: 1970
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Stone
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Elevator, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1775.77

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Carport, Carport Attached, Parking for Guests - Onsite, Uncovered

Utilities

  • Heating: Electric

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 600.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 700-0-200-465
  • Geocode Override: No
  • Lot Size Area: 1989

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Sep 30, 2020
Sold by
Greenberg Marvin E and Greenberg Lisa
Bought by
Salib Rafat and Salib Suzan
Seller's Agent
Kathy Ellis
Coldwell Banker Realty
Buyer's Agent
Randa Androus
Equity Union
List Price
$2,750,000
Sold Price
$2,300,000
Premium/Discount to List
-$450,000
-16.36%
Current Estimated Value
$2,778,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,844
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Aug 25, 2011
Sold by
Greenberg Marvin and Greenberg Lisa
Bought by
Greenberg Marvin E and Greenberg Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2011
Sold by
Huerta Karen
Bought by
Greenberg Marvin and Greenberg Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2010
Sold by
Huerta Karen
Bought by
Huerta Karen

Purchase Details

Closed on
Jul 31, 2009
Sold by
Mall Yacoob
Bought by
Mall Yacoob S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salib Rafat $2,300,000 Fidelity National Title Co
Greenberg Marvin E -- Equity Title Los Angeles
Greenberg Marvin $1,600,000 Equity Title Los Angeles
Huerta Karen -- None Available
Mall Yacoob S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salib Rafat $1,380,000
Previous Owner Greenberg Marvin E $729,750
Previous Owner Greenberg Marvin $1,000,000
Previous Owner Mall Yacoob $417,000
Previous Owner Mall Yacoob $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2020 10/08/20 Sold $2,300,000 -9.8% $1,602 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $2,550,000 -7.3% $1,776 / Sq Ft
10/29/2019 10/29/19 For Sale $2,750,000 -- $1,915 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,282 $2,489,593 $1,618,236 $871,357
2024 $26,282 $2,440,778 $1,586,506 $854,272
2023 $26,901 $2,392,920 $1,555,398 $837,522
2022 $25,616 $2,346,000 $1,524,900 $821,100
2021 $25,183 $2,300,000 $1,495,000 $805,000
2020 $21,752 $1,945,288 $1,640,061 $305,227
2019 $21,087 $1,907,146 $1,607,903 $299,243
2018 $20,776 $1,869,752 $1,576,376 $293,376
2017 $20,118 $1,833,091 $1,545,467 $287,624
2016 $19,524 $1,797,149 $1,515,164 $281,985
2015 $19,449 $1,770,155 $1,492,405 $277,750
2014 $18,861 $1,735,482 $1,463,172 $272,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-525012

The MLS

APN: 700-0-200-465