NOT LISTED FOR SALE

21416 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $3,381,000 - $7,080,987

2 Beds
2 Baths
1,100 Sq Ft
$5,218/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $5,250,000 $4,773 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $38,306/month

5 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Wood Flooring
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of July 2020

Still showing by appointment while off market until after the New Year. Call for new price. The celebrity-owned sanctuary is available on market for the first time in 20+ years! Centrally located on La Costa Beach, the serene beach home has been a getaway for many artists & actors alike & is situated on one of the most private beaches along PCH. The peaceful cottage emanates timeless charm with a unique history. The spacious remodeled, sun-soaked 2 bed 2 bath layout offers custom updated interiors, high-end appliances, hardwood floors, & incredible oceanfront views. An elevated wrap-around deck includes relaxing furnishings, lounge daybeds, & direct access to 40 feet of frontage to your own private sandy beach. This home is conveniently located three doors down from the Malibu La Costa Beach Club & just minutes to the vibrant cities of Santa Monica, Pacific Palisades, Brentwood, & to neighboring beach communities. Don't miss this opportunity to live the exclusive Malibu lifestyle.

Last Agent to Sell the Property

Scott Moore

Christie's International Real Estate SoCal License #01347535 Listed on: 06/21/2020

Christie's International Real Estate SoCal

Last Buyer's Agent

Lillian Ghassemieh

Compass License #02058346

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,290

Year Built

  • Built in 1940

Lot Details

  • 7,029 Sq Ft Lot
  • Property is zoned LCR1*

Home Design

  • Cottage

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • Brick Driveway
  • Gated Parking

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4451-002-029

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,290

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1100
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • 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: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 5227.27

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway - Brick, Garage - 2 Car, Gated

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4451-002-029
  • Lot Size Area: 7029

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2021
Sold by
Sep Wash Real Estate Holdings Llc
Bought by
Bl Pch Llc
Current Estimated Value
$5,739,662

Purchase Details

Listed on
Jun 21, 2020
Closed on
Jul 2, 2020
Sold by
Ballard Basil G
Bought by
Sep Wash Real Estate Holdings Llc
Seller's Agent
Scott Moore
Christie's International Real Estate SoCal
Buyer's Agent
Lillian Ghassemieh
Compass
List Price
$5,750,000
Sold Price
$5,250,000
Premium/Discount to List
-$500,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$5,250,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2013
Sold by
Ballard Basil G
Bought by
Ballard Basil G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
4.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2009
Sold by
Ballard Jessica Livingston
Bought by
Ballard Basil Glen
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
Bl Pch Llc -- None Available
Sep Wash Real Estate Holdings Llc $5,250,000 First American Title Company
Ballard Basil G -- Ticor Title Co
Ballard Basil Glen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sep Wash Real Estate Holdings Llc $5,250,000
Previous Owner Ballard Basil Glen $750,000
Previous Owner Ballard Basil G $860,000
Previous Owner Ballard Basil G $1,250,000
Previous Owner Ballard Glen $2,000,000
Previous Owner Ballard Basil G $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $5,250,000 -8.7% $4,773 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $5,750,000 0.0% $5,227 / Sq Ft
11/15/2016 11/15/16 Rented $14,000 -39.1% --
10/31/2016 10/31/16 Under Contract -- -- --
11/15/2015 11/15/15 For Rent $23,000 -- --
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
2025 $87,290 $3,900,735 $3,900,735 --
2024 $87,290 $7,542,900 $5,883,462 $1,659,438
2023 $63,494 $5,462,100 $4,369,680 $1,092,420
2022 $62,738 $5,355,000 $4,284,000 $1,071,000
2021 $61,315 $5,250,000 $4,200,000 $1,050,000
2020 $21,046 $1,743,758 $1,585,248 $158,510
2019 $20,753 $1,709,567 $1,554,165 $155,402
2018 $19,712 $1,676,047 $1,523,692 $152,355
2016 $19,009 $1,610,966 $1,464,526 $146,440
2015 $18,724 $1,586,769 $1,442,528 $144,241
2014 $18,483 $1,555,687 $1,414,271 $141,416
Source: Public Records

Agents Affiliated with this Home

  • Scott Moore

    Seller's Agent in 2020

    Scott Moore

    Christie's International Real Estate SoCal

    (310) 678-7855

    72 Total Sales

    Scott Moore
    Section Image
  • Lillian Ghassemieh

    Buyer's Agent in 2020

    Lillian Ghassemieh

    Compass

    (310) 429-5452

    1 in this area

    9 Total Sales

    Lillian Ghassemieh
    Section Image

  • C

    Seller's Agent in 2016

    Carrie Franklin

    R.E. Financial Specialists

    Section Image
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Map

Source: The MLS

MLS Number: 20-617570

The MLS

APN: 4451-002-029

California Los Angeles County Malibu 90265 Carbon Beach

21416 Pacific Coast Hwy, Malibu, CA

This home is located at 21416 Pacific Coast Hwy, Malibu, CA 90265 since 21 June 2020 and is currently estimated at $5,739,662, approximately $5,217 per square foot. This property was built in 1940. 21416 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.

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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.
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