NOT LISTED FOR SALE

21306 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $3,639,000 - $8,838,000

2 Beds
2.5 Baths
1,628 Sq Ft
$4,046/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $5,707,500 $3,506 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $45,015/month

48 Days on Market

Highlights

  • Ocean Front
  • Fireplace in Primary Bedroom
  • Cottage
  • Webster Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of September 2013

Located on 40 ft of sandy La Costa Beach...an amazing opportunity. Endless coastline and island views from every room. Private courtyard entry leads to this idyllic and charming beach home. Romantic master suite with fireplace and large balcony overlooking the ocean. Convertible den and chef's kitchen with commercial appliances. Can easily be expanded or remodeled if desired. The best value on La Costa Beach.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 08/01/2013

Westside Estate Agency Inc.

Co-Listed By

Anthony Barsocchini

The Beverly Hills Estates License #01740716

Last Buyer's Agent

Maryam David

Sotheby's International Realty License #00934384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,522

Year Built

  • Built in 1954

Lot Details

  • 6,260 Sq Ft Lot
  • Ocean Front
  • Property is zoned LCR1*

Parking

  • Carport

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Cottage

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Den
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 2.5 Bathrooms

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-001-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,522

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1628
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.50
  • Den: 1
  • Equipment: Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 3839.07

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-001-020
  • Geocode Override: No
  • Lot Size Area: 6260

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Sep 5, 2013
Sold by
Fogelson Ada N
Bought by
Richman Ken and Richman Carrie
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Maryam David
Sotheby's International Realty
List Price
$6,250,000
Sold Price
$5,707,500
Premium/Discount to List
-$542,500
-8.68%
Current Estimated Value
$7,045,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,337,846
Avg. Annual Appreciation
1.21%
Original Mortgage
$1,000,000
Outstanding Balance
$709,382
Interest Rate
2.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,877,297

Purchase Details

Listed on
Feb 9, 2012
Closed on
Apr 17, 2012
Sold by
Gitlin Richard
Bought by
Fogelson Adam N and Fogelson Hillary Land
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Gail Copley
Coldwell Banker Realty
List Price
$5,495,000
Sold Price
$5,350,000
Premium/Discount to List
-$145,000
-2.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$3,210,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 1995
Sold by
Santa Monica Bank
Bought by
Gitlin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.38%

Purchase Details

Closed on
Nov 14, 1995
Sold by
Gitlin Mimi Polk
Bought by
Gitlin Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.38%
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
Richman Ken $5,707,557 Lawyers Title Company
Fogelson Adam N $5,350,053 Equity Title
Gitlin Richard $775,000 Chicago Title Co
Gitlin Richard -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richman Ken $1,000,000
Previous Owner Fogelson Adam N $3,210,000
Previous Owner Gitlin Richard $1,000,000
Previous Owner Gitlin Richard $1,032,000
Previous Owner Gitlin Richard A $1,000,000
Previous Owner Gitlin Richard $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $5,707,500 -8.7% $3,506 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $6,250,000 +16.8% $3,839 / Sq Ft
04/30/2012 04/30/12 Sold $5,350,000 -2.6% $3,286 / Sq Ft
03/08/2012 03/08/12 Pending -- -- --
02/09/2012 02/09/12 For Sale $5,495,000 -- $3,375 / Sq Ft
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 $79,522 $3,638,238 $3,638,238 --
2024 $79,522 $6,859,420 $5,487,538 $1,371,882
2023 $78,000 $6,724,923 $5,379,940 $1,344,983
2022 $77,084 $6,593,062 $5,274,451 $1,318,611
2021 $75,325 $6,463,787 $5,171,031 $1,292,756
2019 $73,868 $6,272,069 $5,017,656 $1,254,413
2018 $70,200 $6,149,088 $4,919,271 $1,229,817
2016 $67,721 $5,910,312 $4,728,250 $1,182,062
2015 $66,786 $5,821,535 $4,657,228 $1,164,307
2014 $65,780 $5,707,500 $4,566,000 $1,141,500
Source: Public Records

Agents Affiliated with this Home

  • Kurt Rappaport

    Seller's Agent in 2013

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    5 in this area

    102 Total Sales

    Section Image
  • Anthony Barsocchini

    Seller Co-Listing Agent in 2013

    Anthony Barsocchini

    The Beverly Hills Estates

    (310) 383-2219

    17 Total Sales

    Section Image
  • Maryam David

    Buyer's Agent in 2013

    Maryam David

    Sotheby's International Realty

    (310) 456-6431

    5 Total Sales

    Section Image
  • Irene Dazzan

    Seller's Agent in 2012

    Irene Dazzan

    The Agency

    (310) 418-3777

    1 in this area

    59 Total Sales

    Section Image
  • Sandro Dazzan

    Seller Co-Listing Agent in 2012

    Sandro Dazzan

    The Agency

    (310) 435-7556

    8 in this area

    101 Total Sales

    Section Image
  • Gail Copley

    Buyer's Agent in 2012

    Gail Copley

    Coldwell Banker Realty

    (310) 210-9336

    18 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-693373

The MLS

APN: 4451-001-020

California Los Angeles County Malibu 90265 Carbon Beach

21306 Pacific Coast Hwy, Malibu, CA

This home is located at 21306 Pacific Coast Hwy, Malibu, CA 90265 since 01 August 2013 and is currently estimated at $6,586,679, approximately $4,045 per square foot. This property was built in 1954. 21306 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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