NOT LISTED FOR SALE

11856 Beach Club Way Malibu, CA 90265

Estimated Value: $2,391,866 - $2,955,000

2 Beds
3 Baths
1,609 Sq Ft
$1,607/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $2,025,000 $1,259 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $16,779/month

207 Days on Market

Highlights

  • Beach Front
  • Heated Spa
  • Ocean Side of Highway 1
  • Ocean View
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of October 2018

PRICE REDUCTION FOR QUICK SALE!!! If life on the beach has been your dream look no further! This property is located on the beach in gated Malibu Bay Club resort-like community. The unobstructed ocean views are visible in every room and balcony. Imagine the romantic sunsets and cool evening walks just steps away. If you are a surfer, you can walk out into some of the most famed waves in the world. This beautiful home has been completely renovated with marble counter-tops, and high end finishes. Decorated by a high-end interior designer, this property is definitely turnkey. All custom designed furnishings are included and sports equipment may be negotiated. This home is truly spectacular and must be seen to believe. Whether you're looking to lease to tenants or live in this home it's a ready and turn key move in.

Last Agent to Sell the Property

Nadya Mahdavi

Nady Mahdavi License #01806371 Listed on: 03/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,006

Year Built

  • Built in 1966

Lot Details

  • 1,180 Sq Ft Lot
  • Beach Front
  • Cul-De-Sac
  • Secluded Lot

HOA Fees

  • $469 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic

Home Design

  • Turnkey

Interior Spaces

  • 1,609 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Outdoor Features

  • Heated Spa
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 7300
  • Assessor Parcel Number 7000220085

Community Details

Overview

  • Malibu Bay Club Association, Phone Number (562) 282-3334

Recreation

  • Sport Court
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,006

Year Built

Built in 1966

Lot Details

0

HOA Fees

$469 per month

Listing Details

  • Assessments: Yes
  • Ad Number: 818-415-9699
  • Other Phone Description: 8184159699
  • Other Phone Number: 8188323000
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Gated Community
  • Subdivision Name Other: Malibu Bay Club
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7000220085
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1609.00 Square Feet
  • Interior Amenities: Balcony, Furnished, Living Room Balcony, Open Floorplan, Stone Counters
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1258.55
  • Room Type: All Bedrooms Down, Family Room, Living Room, Master Suite
  • Spa Features: Community, Heated
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters

Exterior Features

  • View: Coastline, Ocean, Panoramic, Water
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sport Court, Controlled Access
  • Association Fee: 469.00
  • Association Fee Frequency: Monthly
  • Association Name: Malibu Bay Club
  • Phone: 562-282-3334
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Secluded
  • Lot Size Sq Ft: 1180.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1
  • Waterfront Features: Beach Front, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 007300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Oct 31, 2018
Sold by
Byoll Llc
Bought by
Lichtenberg Matt
Seller's Agent
Nadya Mahdavi
Nady Mahdavi
List Price
$2,399,999
Sold Price
$2,025,000
Premium/Discount to List
-$374,999
-15.62%
Current Estimated Value
$2,585,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,289
Avg. Annual Appreciation
3.65%
Interest Rate
4.86%

Purchase Details

Closed on
Feb 24, 2009
Sold by
Roussin Rick and Roussin Wendy
Bought by
Byoll Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2009
Sold by
Waldinger Lawrence Joseph and Oliver Lisa Jane
Bought by
Roussin Rick and Roussin Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 13, 2007
Sold by
Altounian Rose
Bought by
Waldinger Lawrence Joseph and Oliver Lisa Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,845
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 11, 1995
Sold by
Scar Howard Stuart and Scar Ethel Marion
Bought by
Altounian Rose

Purchase Details

Closed on
Feb 8, 1994
Sold by
Scar Howard Stuart and Scar Ethel Marion
Bought by
Scar Howard Stuart and Scar Ethel Marion
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
Lichtenberg Matt -- --
Byoll Llc -- Advantage Title Inc
Roussin Rick $282,500 Fidelity National Title
Waldinger Lawrence Joseph -- Fidelity National Title Co
Altounian Rose $485,000 United Title Company
Scar Howard Stuart -- Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glennalel Land Trust $1,600,000
Closed Lichtenberg Matthew $1,631,000
Closed Lichtenberg Matt --
Previous Owner Roussin Rick $2,000,000
Previous Owner Waldinger Lawrence Joseph $306,845
Previous Owner Waldinger Lawrence Joseph $1,535,250
Previous Owner Altounian Rose $275,000
Closed Lichtenberg Matt $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $2,025,000 -15.6% $1,259 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $2,399,999 -- $1,492 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,006 $2,258,922 $1,807,140 $451,782
2024 $27,006 $2,214,630 $1,771,706 $442,924
2023 $27,523 $2,171,206 $1,736,966 $434,240
2022 $26,248 $2,128,634 $1,702,908 $425,726
2021 $25,795 $2,086,897 $1,669,518 $417,379
2020 $24,913 $2,065,500 $1,652,400 $413,100
2019 $25,890 $2,025,000 $1,620,000 $405,000
2018 $28,513 $2,256,000 $1,761,000 $495,000
2017 $26,522 $2,106,000 $1,644,000 $462,000
2016 $24,239 $1,919,000 $1,498,000 $421,000
2015 $27,896 $2,225,000 $1,737,000 $488,000
2014 $26,018 $2,128,000 $1,661,000 $467,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18046939

California Regional Multiple Listing Service (CRMLS)

APN: 700-0-220-085