NOT LISTED FOR SALE

20816 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $5,158,000 - $6,701,000

3 Beds
2 Baths
1,250 Sq Ft
$4,704/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $5,660,000 $4,528 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $38,703/month

7 Days on Market

Highlights

  • Ocean View
  • Above Ground Spa
  • Furnished
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of June 2022

Heaven on coveted Las Flores/Dog Beach. This enchanting turn-key cottage, on an exclusive and coveted stretch of beach, is offered for sale fully furnished. Wake up to dolphins riding the waves, end the day with gorgeous orange-hued sunsets. House features charming architectural details - like beamed ceilings, hardwood floors and french doors, glistening ocean light, open gourmet kitchen with Sub Zero and Wolf appliances, primary suite with steam shower, outside hot tub and direct access to the sandy beach from your private decks. Full security system with cameras. The perfect getaway, close to both Malibu and Santa Monica amenities. This is all you need. Paradise found.

Last Agent to Sell the Property

Tori Horowitz

Compass License #01703353 Listed on: 05/10/2022

Compass

Last Buyer's Agent

Eric Haskell

The Agency License #01866805

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,368

Year Built

  • Built in 2005

Lot Details

  • 5,936 Sq Ft Lot
  • Property is zoned LCR303

Home Design

  • Bungalow

Interior Spaces

  • 1,250 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Ocean Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • On-Street Parking

Pool

  • Above Ground Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4450-008-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,368

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Heaven on coveted Las Flores/Dog Beach. This enchanting turn-key cottage, on an exclusive and coveted stretch of beach, is offered for sale fully furnished. Wake up to dolphins riding the waves, end the day with gorgeous orange-hued sunsets. House features charming architectural details - like beamed ceilings, hardwood floors and french doors, amazing glistening ocean light, open gourmet kitchen with Sub Zero and Wolf appliances, Primary suite with steam shower, outside hot tub and direct access to the sandy beach from your private decks. Full security system with cameras. The perfect getaway. This is all you need. Paradise found.
  • Living Area: 1250
  • Lot Acreage: 0.1363
  • Stories: 2
  • Year Built: 2005
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Alarm System, Washer
  • Price Per S Q F T: 4400.00

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Above Ground, Hot Tub
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: On street, Parking Space
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4450-008-034
  • Lot Size Area: 5936

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 20, 2020
Sold by
20816 Pch Llc
Bought by
Sarna Phil and The Bermuda Bi Annual Trust
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Tori Horowitz
Compass
List Price
$5,375,000
Sold Price
$5,185,000
Premium/Discount to List
-$190,000
-3.53%
Total Days on Market
7
Current Estimated Value
$5,879,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,716
Avg. Annual Appreciation
2.63%
Original Mortgage
$3,370,250
Outstanding Balance
$3,041,718
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$2,837,998

Purchase Details

Closed on
Mar 12, 2009
Sold by
Schroder Richard
Bought by
20816 Pch Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
La Bar Land Rental Inc
Bought by
Schroder Richard and Schroder Andrea

Purchase Details

Closed on
Jul 5, 2006
Sold by
Cortazzo Christopher
Bought by
L A Bar Land Rental Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,850,000
Interest Rate
7.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 8, 2005
Sold by
Cortazzo Christopher Kirby
Bought by
Cortazzo Christopher and Christopher Cortazzo Trust

Purchase Details

Closed on
Apr 21, 2004
Sold by
Husmann John Steven
Bought by
Cortazzo Christopher Kirby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,410,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2000
Sold by
Lamb Clifton G
Bought by
Husmann John Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.87%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Hamel Alan
Bought by
Lamb Clifton G and The Galway Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.75%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Security Trust Company
Bought by
Hamel Alan and Hamel Suzanne Somers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
6.75%

Purchase Details

Closed on
Oct 13, 1994
Sold by
Hamel Alan
Bought by
Security Trust Company and Trust #1965-0
Source: Public Records

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Range of Values:

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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
Sarna Phil $5,185,000 Equity Title Company
20816 Pch Llc -- None Available
Schroder Richard -- Equity Title Company
L A Bar Land Rental Inc $5,850,000 Equity Title Company
Cortazzo Christopher -- --
Cortazzo Christopher Kirby -- Equity Title Company
Husmann John Steven $867,000 First American Title Co
Lamb Clifton G -- North American Title Co
Hamel Alan -- North American Title Co
Security Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarna Phil $3,370,250
Previous Owner L A Bar Land Rental Inc $2,850,000
Previous Owner Cortazzo Christopher Kirby $1,410,000
Previous Owner Husmann John Steven $648,500
Previous Owner Husmann John Steven $650,000
Previous Owner Lamb Clifton G $533,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $5,660,000 +2.9% $4,528 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $5,500,000 +6.1% $4,400 / Sq Ft
07/30/2020 07/30/20 Sold $5,185,000 -3.5% $4,148 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $5,375,000 0.0% $4,300 / Sq Ft
10/04/2017 10/04/17 Rented $30,000 0.0% --
04/06/2017 04/06/17 For Rent $30,000 -- --
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
2024 $68,368 $5,888,663 $4,441,467 $1,447,196
2023 $66,965 $5,773,200 $4,354,380 $1,418,820
2022 $61,965 $5,288,700 $4,080,000 $1,208,700
2021 $60,553 $5,185,000 $4,000,000 $1,185,000
2020 $73,120 $6,247,841 $4,998,277 $1,249,564
2019 $72,109 $6,125,335 $4,900,272 $1,225,063
2018 $68,554 $6,005,232 $4,804,189 $1,201,043
2016 $66,137 $5,772,044 $4,617,638 $1,154,406
2015 $65,225 $5,685,343 $4,548,277 $1,137,066
2014 $64,242 $5,573,976 $4,459,183 $1,114,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-154947

The MLS

APN: 4450-008-034