NOT LISTED FOR SALE

Estimated Value: $1,360,000 - $1,551,000

12.59 Acres
$115,563 Price per Acre
548,630 Sq Ft Lot

Last Sold November 06, 2015

Last sale price $1,000,000

Est. 46% increase in value since last sale

Current estimated payment $8,683/month

102 Days on Market

Highlights

  • Ocean View
  • Webster Elementary School Rated A
  • 548,630 Sq Ft lot

About This Lot

As of November 2015

A total of three APN's for sale totaling approximately 98 acres. (4453-003-001; 4453-003-043; 4453-003-032) - Meandering trails throughout the property. Abundance of mature Oak, Pine, Corral and Sycamore trees. One of Malibu's most pristine and unobstructed ocean views. Buyer to verify and satisfy self to all permits and square footage.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 07/10/2015

Compass

Last Buyer's Agent

Kirby Kotler

Compass License #01872348

Compass

Property Details

Property Type

  • Land

Lot Details

  • 12.59 Acre Lot
  • Property is zoned LCRPD11U*

Property Views

  • Ocean
  • Canyon

Utilities

  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 4453-003-043

Property Details

Property Type

Land

Lot Details

12.59 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Canyon, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Electric: On Site
  • Gas: Bottled
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4453-003-043
  • Geocode Override: No
  • Lot Size Area: 548630

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
2050 Rambla Pacifico Llc
Bought by
Rockledge Shift Llc
Current Estimated Value
$1,455,500

Purchase Details

Listed on
Jul 10, 2015
Closed on
Nov 2, 2015
Sold by
Pas Project Llc
Bought by
2050 Rambla Pacifico Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Kirby Kotler
Compass
List Price
$2,475,000
Sold Price
$1,000,000
Premium/Discount to List
-$1,475,000
-59.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.70%

Purchase Details

Closed on
Aug 25, 2009
Sold by
Pas Project Llc
Bought by
Pas Project Llc

Purchase Details

Closed on
Nov 13, 2008
Sold by
Pas Project Llc
Bought by
Pas Project Llc
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
Rockledge Shift Llc -- None Available
2050 Rambla Pacifico Llc $1,000,000 Equity Title
Pas Project Llc -- None Available
Pas Project Llc -- Accommodation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $1,000,000 -59.6% --
10/20/2015 10/20/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $2,475,000 -- --
Source: The MLS

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 $14,215 $1,124,604 $1,124,604 --
2024 $14,215 $1,102,553 $1,102,553 --
2023 $19,180 $1,545,231 $1,545,231 $0
2022 $18,962 $1,514,933 $1,514,933 $0
2021 $13,382 $1,038,962 $1,038,962 $0
2020 $13,310 $1,028,309 $1,028,309 $0
2019 $13,116 $1,008,147 $1,008,147 $0
2018 $11,927 $988,380 $988,380 $0
2017 $11,867 $969,000 $969,000 $0
2016 $11,510 $950,000 $950,000 $0
2015 $22,210 $1,892,806 $1,892,806 $0
2014 $21,927 $1,855,729 $1,855,729 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-922405

The MLS

APN: 4453-003-043

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