NOT LISTED FOR SALE

19228 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $2,993,000 - $6,222,000

4 Beds
3.5 Baths
3,399 Sq Ft
$1,454/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $6,000,000 $1,765 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $31,796/month

7 Days on Market

Highlights

  • White Water Ocean Views
  • Guest House
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2022

MALIBU OCEANFRONT OPPORTUNITY MAIN HOUSE AND GUEST APARTMENT ON 60' BEACH FRONTAGE! This property is situated on Las Tunas beach is on the market for the first time in over 30 years. It includes a three-bedroom main house and a one-bedroom guest apartment. As you enter the main house you are greeted with open kitchen, living and dining areas leading to a large beachfront deck. The primary suite is oceanfront and there are a second bedroom and bath plus a third bedroom/office and powder room. There is a separate street entry to the guest apartment which includes living area, kitchen, one bedroom, one bath and another large deck. The entire property enjoys magnificent ocean/whitewater views. There is excellent parking with a three-car garage and driveway. This is a fabulous opportunity with loads of upside to enjoy now, remodel or redevelop.

Last Agent to Sell the Property

Gayle Pritchett-Macleod

Sotheby's International Realty License #00585628 Listed on: 05/09/2022

Co-Listed By

Lacey Rose Gorden

Sotheby's International Realty License #02122031

Last Buyer's Agent

Evan Brenner

KW Advisors License #02144658

KW Advisors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,140

Lot Details

  • 3,945

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,399 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Open Patio
  • 3,945 Sq Ft Lot
  • Guest House

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,140

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3399
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage, In Unit
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dryer, Washer, Refrigerator, Garbage Disposal, Range/Oven, Dishwasher
  • Price Per S Q F T: 1551.93

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, White Water, Coastline, Catalina, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 7

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 3945

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Jun 23, 2022
Sold by
Jonathan And Miyuki Lappen Family Trust
Bought by
Big Bu Llc
Seller's Agent
Gayle Pritchett-Macleod
Sotheby's International Realty
Buyer's Agent
Evan Brenner
KW Advisors
List Price
$5,275,000
Sold Price
$6,000,000
Premium/Discount to List
$725,000
13.74%
Current Estimated Value
$4,942,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,057,996
Avg. Annual Appreciation
-5.73%
Original Mortgage
$3,900,000
Outstanding Balance
$3,675,710
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,266,294
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
Big Bu Llc $6,000,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Big Bu Llc $3,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $6,000,000 +13.7% $1,765 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $5,275,000 0.0% $1,552 / Sq Ft
07/08/2020 07/08/20 Rented $11,750 0.0% --
07/03/2020 07/03/20 Price Changed $11,750 -14.5% $6 / Sq Ft
03/01/2020 03/01/20 For Rent $13,750 -- --
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 $71,140 $3,516,552 $3,516,552 --
2024 $71,140 $6,120,000 $5,304,000 $816,000
2023 $69,770 $6,000,000 $5,200,000 $800,000
2022 $24,669 $2,046,818 $1,638,405 $408,413
2021 $24,090 $2,006,685 $1,606,280 $400,405
2019 $23,621 $1,947,168 $1,558,638 $388,530
2018 $22,378 $1,908,989 $1,528,077 $380,912
Source: Public Records

Agents Affiliated with this Home

  • Gayle Pritchett-Macleod

    Seller's Agent in 2022

    Gayle Pritchett-Macleod

    Sotheby's International Realty

    (310) 456-6771

    30 Total Sales

    Gayle Pritchett-Macleod
    Section Image
  • Lacey Rose Gorden

    Seller Co-Listing Agent in 2022

    Lacey Rose Gorden

    Sotheby's International Realty

    (310) 383-1848

    20 Total Sales

    Lacey Rose Gorden
    Section Image

  • E

    Buyer's Agent in 2022

    Evan Brenner

    KW Advisors

    Section Image
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Map

Source: The MLS

MLS Number: 22-154923

The MLS

APN: 4449-004-049

California Los Angeles County Malibu 90265

19228 Pacific Coast Hwy, Malibu, CA

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