NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,468,666

1.02 Acres
$1,037,687 Price per Acre
44,462 Sq Ft Lot

Last Sold November 15, 2024

Last sale price $880,000 $724 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,290/month

38 Days on Market

Highlights

  • Ocean View
  • Secluded Lot
  • Mountainous Community
  • Webster Elementary School Rated A
  • No HOA

About This Lot

As of November 2024

Approved, stamped plans from the LA County Department of Regional Planning for a new home. NO COASTAL COMMISSION! Current plans utilize Coastal Commission exemption for a fire rebuild of the original home destroyed in 2007 fire. Flat, buildable lot of over 1 acre sits on a private road with spectacular unobstructed views of the Pacific Ocean, canyons and Catalina Island surrounded by protected park land. Serene, tranquil and secluded, yet only 2.6 miles from Pacific Coast Highway, this magnificent lot is just waiting to be built. All utilities already in place. Plans, surveys and reports supplied upon request. Don't miss this opportunity to build your ocean view dream home in the highly desired area of Malibu-one of the most sought after communities in the world!

Last Agent to Sell the Property

Jack Paskell

Keller Williams Realty-Studio City Brokerage Phone: 818-679-5662 License #01424304 Listed on: 10/19/2023

Keller Williams Realty-Studio City

Last Buyer's Agent

Jack Paskell

Keller Williams Realty-Studio City Brokerage Phone: 818-679-5662 License #01424304 Listed on: 10/19/2023

Keller Williams Realty-Studio City

Property Details

Property Type

  • Land

Lot Details

  • 1.02 Acre Lot
  • Property fronts a private road
  • Secluded Lot
  • Level Lot
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Catalina
  • Panoramic
  • Canyon
  • Mountain

Utilities

  • Septic Type Unknown
  • Sewer Not Available
  • Phone Available

Community Details

  • No Home Owners Association
  • Mountainous Community
  • Valley

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 4461005016

Property Details

Property Type

Land

Lot Details

1.02 Acres

Listing Details

  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCA11*
  • Property Type: Land
  • Parcel Number: 4461005016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 19.79

Exterior Features

  • View: Canyon, Catalina, Mountain(s), Ocean, Panoramic

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Not Available, Water Available
  • Electric: Standard
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Level, Secluded
  • Lot Size Sq Ft: 44461.00
  • Lot Size Acres: 1.0207

Multi Family

  • Lot Size Area: 44461.0000 Square Feet

Tax Info

  • Tax Census Tract: 8004.10
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Leonid Rem And Irina Tsoy Ab Living Trus and Rem Leonid
Bought by
Vista Blu Malibu
Current Estimated Value
$1,059,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,121
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2021
Closed on
Dec 8, 2021
Sold by
Sinding Peter S and Sinding Deborah M
Bought by
Rem Tatyana
Seller's Agent
Elizabeth Goldstein
Nourmand & Associates-BH
Buyer's Agent
Jack Paskell
List Price
$700,000
Sold Price
$640,000
Premium/Discount to List
-$60,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Nov 10, 2021
Sold by
Zelhofer Alex
Bought by
Rem Tatyana
Seller's Agent
Elizabeth Goldstein
Nourmand & Associates-BH
Buyer's Agent
Jack Paskell
List Price
$700,000
Sold Price
$640,000
Premium/Discount to List
-$60,000
-8.57%

Purchase Details

Listed on
Jun 21, 2021
Closed on
Nov 4, 2021
Sold by
Swain David L and David L Swain Trust
Bought by
Rem Tatyana
Seller's Agent
Elizabeth Goldstein
Nourmand & Associates-BH
Buyer's Agent
Jack Paskell
List Price
$700,000
Sold Price
$640,000
Premium/Discount to List
-$60,000
-8.57%

Purchase Details

Closed on
Apr 9, 2019
Sold by
Swain David L and Swain David Leland
Bought by
David L Swain Trust

Purchase Details

Closed on
Mar 24, 2018
Sold by
Swain David Leland
Bought by
Swain David Leland and Swain Lucinda Hale

Purchase Details

Closed on
Apr 9, 2003
Sold by
Swain Lucinda Hale Fitzgerald
Bought by
Swain David Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 28, 2003
Sold by
Swain David Leland
Bought by
Swain David Leland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.87%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vista Blu Malibu $880,000 Fidelity National Title
Vista Blu Malibu $880,000 Fidelity National Title
Rem Tatyana -- First American Title
Rem Tatyana -- First American Title
Rem Tatyana $640,000 First American Title
David L Swain Trust -- None Available
Swain David Leland -- None Available
Swain David Leland -- Orange Coast Title Company
Swain David Leland -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vista Blu Malibu $910,121
Previous Owner Swain David Leland $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $880,000 -12.0% $724 / Sq Ft
07/12/2024 07/12/24 Price Changed $1,000,000 0.0% $822 / Sq Ft
07/12/2024 07/12/24 For Sale $1,000,000 -9.1% $822 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,100,000 +71.9% $905 / Sq Ft
12/15/2021 12/15/21 Sold $640,000 -8.6% $526 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $700,000 -- $576 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,620 $880,000 $855,000 $25,000
2024 $8,620 $665,856 $645,048 $20,808
2023 $8,297 $652,800 $632,400 $20,400
2022 $2,024 $106,652 $106,652 $0
2021 $1,866 $104,561 $104,561 $0
2020 $1,853 $103,489 $103,489 $0
2019 $1,813 $101,460 $101,460 $0
2018 $1,301 $99,471 $99,471 $0
2016 $1,626 $95,609 $95,609 $0
2015 $1,226 $94,173 $94,173 $0
2014 $1,617 $92,329 $92,329 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23195384

California Regional Multiple Listing Service (CRMLS)

APN: 4461-005-016

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