NOT LISTED FOR SALE

20120 Pacific Coast Hwy Unit 1 Malibu, CA 90265

Estimated Value: $4,430,000 - $5,540,000

1 Bed
1 Bath
700 Sq Ft
3,920 Sq Ft Lot

Highlights

  • Ocean View
  • Attached Guest House
  • Bungalow
  • Webster Elementary School Rated A
  • Wood Flooring

About This Home

As of June 2016

This remodeled Malibu sanctuary in directly ON THE BEACH. With incredible ocean views, feel the wind blow as you drink your morning coffee on a private balcony. This 1 bedroom 1 bath unit has an open floor plan with beautiful hardwood floors throughout. The redone kitchen offers granite countertops and stainless steel appliances. With a PARKING SPACE IN FRONT. Live the Malibu life in style!

Last Agent to Rent the Property

Sally Forster Jones

Compass License #00558939 Listed on: 03/25/2016

Compass

Co-Listed By

Lisa Diane Sockolov

Carolwood Estates License #01324484

Last Renter's Agent

Sally Forster Jones

Compass License #00558939 Listed on: 03/25/2016

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $69,688

Year Built

  • Built in 1948

Lot Details

  • 3,920

Home Design

  • Bungalow

Interior Spaces

  • 700 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Additional Homes

  • Attached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $6,500
  • Tenant pays for electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4450-002-040

Condo Details

Home Type

Condominium

Est. Annual Taxes

$69,688

Year Built

Built in 1948

Lot Details

0

Rental Info

  • Security Deposit: 6500
  • Tenant Pays: Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 700
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Stone
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 4.64

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Uncovered
  • Total Parking: 1

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4450-002-040
  • Geocode Override: No
  • Lot Size Area: 4295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Villavicencio Andres Roberto
Bought by
Villavicencio Tarane
Current Estimated Value
$4,985,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,650,000
Outstanding Balance
$3,586,457
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,398,543

Purchase Details

Closed on
May 3, 2023
Sold by
Malibu Enterprises Llc
Bought by
20120 Pacific Coast Highway Management Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2021
Sold by
L A Fine Homes Llc
Bought by
Verma Aditya and Verma Poonam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,962,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2005
Sold by
Silva Ismael
Bought by
La Fine Homes Llc

Purchase Details

Closed on
May 5, 2005
Sold by
Butchkiss Sandi
Bought by
Silva Ismael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,651,650
Interest Rate
5.23%
Mortgage Type
Negative Amortization
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
Villavicencio Tarane -- Fidelity National Title
20120 Pacific Coast Highway Management Group -- Fidelity National Title
Yazdi Victor -- Fidelity National Title
Villavicencio Tarane -- Fidelity National Title
Yazdi Mehdi -- Fidelity National Title
20120 Pacific Coast Highway Management Group $5,625,000 Fidelity National Title
Malibu Enterprises Llc -- Fidelity National Title
Verma Aditya $3,950,000 Fidelity National Title
La Fine Homes Llc -- None Available
Silva Ismael $2,359,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villavicencio Tarane $3,650,000
Closed Yazdi Victor $3,650,000
Previous Owner 20120 Pacific Coast Highway Management Group $3,600,000
Previous Owner Verma Aditya $2,962,500
Previous Owner Silva Ismael $1,651,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2016 06/01/16 Rented $3,050 -6.2% --
03/25/2016 03/25/16 For Rent $3,250 +8.5% --
11/18/2013 11/18/13 Rented $2,995 0.0% --
11/05/2013 11/05/13 Under Contract -- -- --
10/29/2013 10/29/13 For Rent $2,995 -- --
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 $69,688 $2,755,760 $2,755,760 --
2024 $69,688 $5,737,500 $4,156,500 $1,581,000
2023 $50,120 $4,029,000 $3,023,790 $1,005,210
2022 $49,488 $3,950,000 $2,964,500 $985,500
2021 $38,003 $2,978,892 $2,525,025 $453,867
2020 $37,754 $2,948,348 $2,499,134 $449,214
2019 $37,225 $2,890,538 $2,450,132 $440,406
2018 $35,435 $2,833,862 $2,402,091 $431,771
2016 $34,117 $2,723,821 $2,308,816 $415,005
2015 $33,660 $2,682,908 $2,274,136 $408,772
2014 $33,192 $2,630,354 $2,229,589 $400,765
Source: Public Records

Agents Affiliated with this Home

  • Sally Forster Jones

    Landlord's Agent in 2016

    Sally Forster Jones

    Compass

    (310) 341-7238

    368 Total Sales

    Sally Forster Jones
    Section Image
  • Lisa Diane Sockolov

    Landlord's Co-Listing Agent in 2016

    Lisa Diane Sockolov

    Carolwood Estates

    (310) 849-5758

    30 Total Sales

    Lisa Diane Sockolov
    Section Image
  • Maggie Gulyas

    Seller's Agent in 2013

    Maggie Gulyas

    Destination Home, Inc.

    (310) 691-3255

    21 Total Sales

    Maggie Gulyas
    Section Image
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Map

Source: The MLS

MLS Number: 16-109402

The MLS

APN: 4450-002-040

California Los Angeles County Malibu 90265

20120 Pacific Coast Hwy Unit 1, Malibu, CA

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