NOT LISTED FOR SALE

20448 Pacific Coast Hwy Malibu, CA 90265

Big Rock Neighborhood

Estimated Value: $2,989,000 - $3,999,000

4 Beds
3.5 Baths
1,647 Sq Ft
$2,087/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $3,500,000 $2,125 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $22,415/month

56 Days on Market

Highlights

  • White Water Ocean Views
  • No Units Above
  • Property is near public transit
  • Webster Elementary School Rated A
  • Primary Bedroom Suite
  • No HOA

About This Home

As of June 2021

Welcome to your pristine condition Malibu Beach Experience, located directly on the water. Light and bright and adjacent to a sandy beach, this spectacular retreat features expansive and unforgettable Malibu coastline views from all three decks. Recently renovated in 2020 with meticulous attention to class and refinement, this contemporary beach home features three beautifully appointed bedrooms and three baths in the main house. Upon entering your are immediately greeted with an open layout on the main floor complete with Fleetwood doors ushering you out to the balcony where you can watch for year-round dolphins and other sea life. Your gourmet kitchen is complete with Viking appliances, a gas range, features a truly divine view out to the ocean and has direct access to the garage. The second floor showcases the master bedroom where you can take in the coastline
views from the balcony and stare off into the ocean blue from the bed and walk-in shower. Two additional bedrooms feature well appointed
furniture and skylights. The huge bottom deck is complete with an outdoor seating area, a brand new 7-person spa and includes the climate controlled 4th bedroom and full bath (no permits) which can be used as additional entertaining space or an office. Relish the Experience of
being as close to the water as it gets in this Malibu Waterfront Gem. Home is also currently being used as a very well performing rental.

Last Agent to Sell the Property

Ed Broder

Pacific Property Services License #00794258 Listed on: 03/04/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,278

Year Built

  • Built in 1963

Lot Details

  • 1,409 Sq Ft Lot
  • No Units Located Below
  • 1 Common Wall
  • Property is zoned LCR303

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Interior Spaces

  • 1,647 Sq Ft Home
  • Built-In Features
  • Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite

Additional Features

  • Living Room Balcony
  • Property is near public transit
  • Central Air

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 26816
  • Assessor Parcel Number 4450005055

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,278

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LCR303
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4450005055
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1647.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Living Room Balcony
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2125.08
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Suite

Exterior Features

  • View: City Lights, Coastline, Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 1409.00
  • Lot Size Acres: 0.0323

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1409.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 8005.06
  • Tax Lot: 5
  • Tax Tract Number: 26816

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 3, 2021
Sold by
Galaa Holdings Llc
Bought by
Goodman Lisa B
Seller's Agent
Ed Broder
Pacific Property Services
List Price
$3,599,000
Sold Price
$3,500,000
Premium/Discount to List
-$99,000
-2.75%
Total Days on Market
56
Current Estimated Value
$3,436,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,522
Avg. Annual Appreciation
-1.89%
Original Mortgage
$2,800,000
Outstanding Balance
$2,544,433
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$684,712

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 15, 2021
Sold by
Freer Justin Michael and Vanvelzen Freer Jessica
Bought by
Galaga Holdings Llc
Seller's Agent
Ed Broder
Pacific Property Services
List Price
$3,599,000
Sold Price
$3,500,000
Premium/Discount to List
-$99,000
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,544,433
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$684,712

Purchase Details

Listed on
Aug 23, 2018
Closed on
Sep 20, 2018
Sold by
Shafi Hamid Jay
Bought by
Freer Justin Michael and Vanvelzen Freer Jessica
Seller's Agent
Ben Salem
Compass
Buyer's Agent
Ed Broder
Pacific Property Services
List Price
$2,799,000
Sold Price
$2,760,000
Premium/Discount to List
-$39,000
-1.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$1,518,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2015
Sold by
Polskaya Veronika
Bought by
Shafi Hamid Jay

Purchase Details

Listed on
Apr 9, 2013
Closed on
Dec 18, 2013
Sold by
Johnson Richard L
Bought by
Shafi Hamid Jay
Seller's Agent
Tonya McArthur
Coastal Property Solutions
Buyer's Agent
Tonya McArthur
Coastal Property Solutions
List Price
$2,199,000
Sold Price
$2,032,500
Premium/Discount to List
-$166,500
-7.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,626,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2008
Sold by
Johnson Richard Luther
Bought by
Johnson Richard Luther and Surmacz Johnson Audrey

Purchase Details

Closed on
Sep 2, 2008
Sold by
Johnson Richard L
Bought by
Johnson Richard Luther and The Richard Luther Johnson Separate Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2008
Sold by
Dojenic Llc
Bought by
Johnson Richard L and Surmacz Johnson Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2008
Sold by
Brunson Scott D
Bought by
Johnson Richard L and Surmacz Johnson Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2008
Sold by
Haight Robert
Bought by
Brunson Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.04%
Mortgage Type
Undefined Multiple Amounts

Purchase Details

Closed on
Aug 6, 2001
Sold by
Cronin Mary
Bought by
Haight Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
6.87%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Neal Handel 1060462433 A Ca Cen Trust Bank Co
Bought by
Cronin Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1997
Sold by
Clare Laurie
Bought by
Gerstein Richard M and Gerstein Kendra J King

Purchase Details

Closed on
Mar 18, 1997
Sold by
Claire Laurie
Bought by
Westfall Mae K and Singleton Thomas J

Purchase Details

Closed on
Nov 18, 1996
Sold by
Clare Laurie
Bought by
Barboza Delano

Purchase Details

Closed on
Dec 21, 1995
Sold by
Clark Terrence R
Bought by
Clare Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
7.36%
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
Goodman Lisa B $3,500,000 First American Title Company
Galaga Holdings Llc -- First Amer Ttl Co Res Div
Freer Justin Michael $2,760,000 First American Title Company
Shafi Hamid Jay -- First American Title Company
Shafi Hamid Jay $2,032,500 Fidelity Sherman Oaks
Johnson Richard Luther -- None Available
Johnson Richard Luther -- Chicago Title Company
Johnson Richard L $550,000 Chicago Title Company
Johnson Richard L $1,650,000 Chicago Title Company
Brunson Scott D $1,650,000 Gateway Title Company
Haight Robert $330,000 Equity Title
Cronin Mary $43,000 Old Republic Title Company
Cronin Mary $143,000 Old Republic Title Company
Cronin Mary $64,000 Old Republic Title Company
Gerstein Richard M $230,583 --
Westfall Mae K $96,832 Continental Title
Barboza Delano -- --
Clare Laurie $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodman Lisa B $200,000
Open Goodman Lisa B $2,800,000
Previous Owner Freer Justin Michael $1,494,000
Previous Owner Freer Justin Michael $1,518,000
Previous Owner Shafi Hamid Jay $1,626,000
Previous Owner The R L Johnson & A Surmacz Johnson Comm $1,155,000
Previous Owner Johnson Richard L $1,155,000
Previous Owner Johnson Richard L $1,155,000
Previous Owner Brunson Scott D $0
Previous Owner Brunson Scott D $425,000
Previous Owner Haight Robert $672,000
Previous Owner Haight Robert $192,000
Previous Owner Haight Robert B $266,000
Previous Owner Haight Robert $0
Previous Owner Haight Robert $153,500
Previous Owner Haight Robert $214,500
Previous Owner Cronin Mary $200,000
Previous Owner Cronin Mary $50,000
Previous Owner Clare Laurie $174,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $3,500,000 -2.8% $2,125 / Sq Ft
03/04/2021 03/04/21 For Sale $3,599,000 +30.4% $2,185 / Sq Ft
10/17/2018 10/17/18 Sold $2,760,000 -1.4% $1,676 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $2,799,000 +37.7% $1,699 / Sq Ft
01/27/2014 01/27/14 Sold $2,032,500 -7.6% $1,364 / Sq Ft
04/09/2013 04/09/13 For Sale $2,199,000 0.0% $1,476 / Sq Ft
06/05/2012 06/05/12 Rented $5,950 0.0% --
06/05/2012 06/05/12 Under Contract -- -- --
04/04/2012 04/04/12 For Rent $5,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $44,278 $3,604,500 $1,461,284 $2,143,216
2024 $44,278 $3,714,228 $1,591,812 $2,122,416
2023 $43,468 $3,641,400 $1,560,600 $2,080,800
2022 $42,946 $3,570,000 $1,530,000 $2,040,000
2021 $34,373 $2,844,364 $1,991,055 $853,309
2020 $34,141 $2,815,200 $1,970,640 $844,560
2019 $33,688 $2,760,000 $1,932,000 $828,000
2018 $26,226 $2,189,752 $2,047,002 $142,750
2016 $25,267 $2,104,722 $1,967,515 $137,207
2015 $24,927 $2,073,109 $1,937,962 $135,147
2014 $22,939 $1,890,000 $1,530,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Ed Broder

    Pacific Property Services

    (714) 860-6177

    1 in this area

    8 Total Sales

    Ed Broder
    Section Image
  • Ben Salem

    Seller's Agent in 2018

    Ben Salem

    Compass

    (310) 773-6141

    64 Total Sales

    Ben Salem
    Section Image

  • T

    Seller's Agent in 2014

    Tonya McArthur

    Coastal Property Solutions

    (310) 924-9663

    6 Total Sales

    Tonya McArthur
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21037022

California Regional Multiple Listing Service (CRMLS)

APN: 4450-005-055

California Los Angeles County Malibu 90265 Big Rock

20448 Pacific Coast Hwy, Malibu, CA

This home is located at 20448 Pacific Coast Hwy, Malibu, CA 90265 since 04 March 2021 and is currently estimated at $3,436,478, approximately $2,086 per square foot. This property was built in 1963. 20448 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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