NOT LISTED FOR SALE

11874 Coral Reef Ln Malibu, CA 90265

Estimated Value: $1,142,869 - $1,337,000

2 Beds
2 Baths
1,044 Sq Ft
1,742 Sq Ft Lot

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • Penthouse
  • Gated Community
  • Wood Flooring

About This Home

As of May 2023

This light and bright panoramic ocean view beach house at The Malibu Bay Club was completely remodeled down to the studs with marble bathrooms, hardwood floors, quartzite kitchen, new windows, new wood burning fireplace, custom walls, laundry room with ample storage, a new alarm system, and more. Two generous bedrooms each with an en-suite marble bathroom. The Malibu Bay Club is an oceanfront gated community with semi-private beach next to world-renowned surf spots Countyline and Staircase at Cabrillo State Beach for the ultimate Malibu retreat.

Last Agent to Rent the Property

James Respondek

Rodeo Realty - Pacific Palisades License #00713972 Listed on: 12/16/2022

Rodeo Realty - Pacific Palisades

Last Renter's Agent

James Respondek

Rodeo Realty - Pacific Palisades License #00713972 Listed on: 12/16/2022

Rodeo Realty - Pacific Palisades

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,403

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 1,742

Property Views

  • Ocean
  • Panoramic

Home Design

  • Penthouse
  • Contemporary Architecture

Interior Spaces

  • 1,044 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Covered Space
  • Covered Parking
  • Guest Parking
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $10,600
  • Tenant pays for electricity, water, gas, cable TV, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 700-0-230-265

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,403

Year Built

Built in 1974 | Remodeled

Lot Details

0

Rental Info

  • Security Deposit: 10600
  • Tenant Pays: Electricity, Water, Gas, Cable TV, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1044
  • Lot Acreage: 0.0400
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1974
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Wood Burning, Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 5.08

Exterior Features

  • Direction Faces: South
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Panoramic, Ocean
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Covered Parking, Controlled Entrance
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central, Fireplace
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Pool, Gated Community, Controlled Access, Guest Parking
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • Unit Location: PENTHOUSE

Lot Info

  • Assessor Parcel Number: 700-0-230-265
  • Lot Size Area: 1742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Mcclelland Scott Anthony
Bought by
Mcclelland Scott Anthony
Current Estimated Value
$1,241,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$320,707
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$906,514

Purchase Details

Closed on
Nov 18, 2019
Sold by
Mak Dik Man Mandy
Bought by
Mcclelland Scott Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$320,707
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$906,514

Purchase Details

Closed on
Jun 23, 2011
Sold by
Barrington Edward
Bought by
Mcclelland Scott Anthony
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcclelland Scott Anthony -- First American Title Company
Mcclelland Scott Anthony -- First American Title Company
Mcclelland Scott Anthony $445,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclelland Scott Anthony $350,000
Previous Owner Mcclelland Scott Anthony $275,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Rented $5,300 0.0% --
03/28/2023 03/28/23 Under Contract -- -- --
12/16/2022 12/16/22 For Rent $5,300 -- --
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 $9,403 $590,827 $408,213 $182,614
2024 $9,403 $579,243 $400,209 $179,034
2023 $9,505 $567,886 $392,362 $175,524
2022 $9,090 $556,751 $384,668 $172,083
2021 $8,928 $545,835 $377,126 $168,709
2020 $7,865 $540,240 $373,260 $166,980
2019 $9,364 $529,648 $365,942 $163,706
2018 $9,223 $519,264 $358,767 $160,497
2017 $9,004 $509,083 $351,733 $157,350
2016 $8,820 $499,102 $344,837 $154,265
2015 $8,860 $491,607 $339,658 $151,949
2014 $8,137 $481,978 $333,005 $148,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-224593

The MLS

APN: 700-0-230-265