NOT LISTED FOR SALE

2128 Corral Canyon Rd Malibu, CA 90265

El Nido Neighborhood

Estimated Value: $958,000 - $1,817,000

2 Beds
2 Baths
529 Sq Ft
$2,860/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $1,679,000 $3,174 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,225/month

42 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Hilltop Location
  • Webster Elementary School Rated A
  • 0.92 Acre Lot
  • Wood Flooring

About This Home

As of April 2024

Amazing ocean and mountain views from this enchanting 2-bedroom, 2-bathroom Malibu bungalow nestled in the scenic hills just minutes up Corral Canyon from Pacific Coast Highway. This home offers breathtaking and unobstructed ocean and mountain views that stretch as far as the eye can see. The property boasts a spacious lawn area, providing a serene escape and a perfect setting for outdoor entertaining and dining. An outdoor fireplace adds to the charm, and the open cement patio and sitting area provide an ideal space to enjoy the beauty of the Malibu hills. Adding versatility to this coastal retreat, a detached guest studio serves as additional space, providing privacy for guests or an inspiring workspace. This Malibu bungalow is a haven for those seeking a harmonious blend of nature and comfort. With its proximity to the PCH, this home offers the perfect balance of seclusion and accessibility, making it a unique and enticing opportunity for those captivated by the allure of Malibu living.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 02/23/2024

Last Buyer's Agent

Andrew Pasquella

Sotheby's International Realty License #02172839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,145

Year Built

  • Built in 1949

Lot Details

  • 0.92 Acre Lot
  • South Facing Home
  • Hilltop Location
  • Lawn
  • Property is zoned LCR17500*

Property Views

  • Ocean
  • City Lights
  • Mountain

Home Design

  • Bungalow

Interior Spaces

  • 529 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Converted Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Central Water Heater
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Open Patio
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4457-010-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,145

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Amazing ocean and mountain views from this enchanting 2-bedroom, 2-bathroom Malibu bungalow nestled in the scenic hills just minutes up Corral Canyon from Pacific Coast Highway. This home offers breathtaking and unobstructed ocean and mountain views that stretch as far as the eye can see. The property boasts a spacious lawn area, providing a serene escape and a perfect setting for outdoor entertaining and dining. An outdoor fireplace adds to the charm, and the open cement patio and sitting area provide an ideal space to enjoy the beauty of the Malibu hills. Adding versatility to this coastal retreat, a detached guest studio serves as additional space, providing privacy for guests or an inspiring workspace. This Malibu bungalow is a haven for those seeking a harmonious blend of nature and comfort. With its proximity to the PCH, this home offers the perfect balance of seclusion and beauty
  • Living Area: 529
  • Lot Acreage: 0.9187
  • Probate: No
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Drywall Walls, Detached/No Common Walls
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Built-In Gas, Cooktop - Gas, Oven-Gas, Propane
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Island
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Gas Dryer Hookup, Freezer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 3211.72

Exterior Features

  • Direction Faces: South
  • Other Features: Sliding Glass Doors
  • Other Structures: Accessory Bldgs
  • Guest House: Detached
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Water Heater: Central Water Heater, Propane
  • Heating: Central, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: On Site, Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4457-010-037
  • Lot Description: Lawn
  • Lot Location: Hilltop
  • Lot Size Area: 40019

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 22, 2024
Sold by
Jattan Ricardo
Bought by
Nahas Melanie and Nahas Michael
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Andrew Pasquella
Sotheby's International Realty
List Price
$1,699,000
Sold Price
$1,679,000
Premium/Discount to List
-$20,000
-1.18%
Views
147
Current Estimated Value
$1,512,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,050
Avg. Annual Appreciation
-6.42%
Original Mortgage
$1,175,300
Outstanding Balance
$1,163,829
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$383,515

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 9, 2024
Sold by
Jattan Ricardo
Bought by
Nahas Melanie and Nahas Michael
Seller's Agent
Shen Schulz
Sotheby's International Realty
Buyer's Agent
Andrew Pasquella
Sotheby's International Realty
List Price
$1,699,000
Sold Price
$1,679,000
Premium/Discount to List
-$20,000
-1.18%
Views
147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,300
Outstanding Balance
$1,163,829
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$383,515

Purchase Details

Closed on
May 20, 2011
Sold by
Jattan Ricardo
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 21, 2002
Sold by
Mckee Barbara A and The Barbara A Mckee Family Tru
Bought by
Jattan Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
8.5%
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
Nahas Melanie $1,679,000 First American Title Company
Nahas Michael -- First American Title Company
Nahas Melanie $1,679,000 First American Title Company
Nahas Melanie $1,679,000 First American Title Company
U S Bank National Association $650,000 Service Link
Jattan Ricardo $569,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nahas Michael $1,175,300
Closed Nahas Melanie $1,175,300
Previous Owner Jattan Ricardo $100,000
Previous Owner Jattan Ricardo $100,000
Previous Owner Jattan Ricardo $838,950
Previous Owner Jattan Ricardo $181,000
Previous Owner Jattan Ricardo $91,000
Previous Owner Jattan Ricardo $80,000
Previous Owner Jattan Richardo $563,500
Previous Owner Jattan Ricardo $100,000
Previous Owner Jattan Ricardo $512,000
Previous Owner Mckee Barbara A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $1,679,000 -1.2% $3,174 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $1,699,000 0.0% $3,212 / Sq Ft
08/27/2018 08/27/18 Rented $4,995 0.0% --
07/13/2018 07/13/18 For Rent $4,995 0.0% --
01/15/2017 01/15/17 Rented $4,995 0.0% --
09/12/2016 09/12/16 For Rent $4,995 -- --
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
2024 $10,145 $807,921 $709,959 $97,962
2023 $9,848 $792,081 $696,039 $96,042
2022 $9,737 $776,551 $682,392 $94,159
2021 $9,489 $761,325 $669,012 $92,313
2019 $9,298 $738,746 $649,170 $89,576
2018 $8,825 $724,262 $636,442 $87,820
2016 $8,502 $696,140 $611,729 $84,411
2015 $8,386 $685,685 $602,541 $83,144
2014 $8,292 $672,255 $590,739 $81,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-361429

The MLS

APN: 4457-010-037