NOT LISTED FOR SALE

21490 Paseo Portola Malibu, CA 90265

La Costa Beach Neighborhood

Estimated Value: $1,441,915 - $1,811,000

0.29 Acre
$5,643,505 Price per Acre
12,554 Sq Ft Lot

Last Sold September 23, 2022

Last sale price $1,600,000

Est. 2% increase in value since last sale

Current estimated payment $10,585/month

62 Days on Market

Highlights

  • White Water Ocean Views
  • Webster Elementary School Rated A
  • Cul-De-Sac

About This Lot

As of September 2022

Green Stamp Approved Plans for spectacular whitewater ocean view lot located within a few hundred feet of coveted La Costa Beach. Situated at the end of a cul-de-saq this is an opportunity to own one of the last lots in Malibu so close to the ocean with amazing sunset views, Coastal development approval for a stunning architectural designed 3397 square foot home designed by Sandra Martin AIA for 4 bedrooms, 4 1/2 baths, Living Room, Gourmet Kitchen,, Den, Balconies, and attached garage. Includes rights to La Costa Beach and Tennis Club. Save years of time and money to get to this stage of the approval process. See supplemental section for details.

Last Agent to Sell the Property

Florence Silver

Coldwell Banker Realty License #01070656 Listed on: 05/21/2022

Coldwell Banker Realty

Last Buyer's Agent

Jacob Azizi

License #02086091

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,928

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 88x122
  • Cul-De-Sac
  • Lot Sloped Down
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-023-037

Property Details

Property Type

Land

Est. Annual Taxes

$18,928

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2882
  • Lot Dimensions: 88x122
  • Probate: No
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Coastline, Panoramic, Ocean, White Water
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4451-023-037
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 12555
  • Site Decription: Hillside
  • Topography: Downhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Perrin Richard K
Bought by
Paseo Portola Llc
Current Estimated Value
$1,626,458

Purchase Details

Listed on
Jul 2, 2012
Closed on
Apr 25, 2014
Sold by
Macpherson Janet L and The Janet L Macpherson Trust O
Bought by
Perrin Richard K
Seller's Agent
Bill Moss
Coldwell Banker Realty
Buyer's Agent
Florence Silver
Coldwell Banker Realty
List Price
$849,000
Sold Price
$435,000
Premium/Discount to List
-$414,000
-48.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Jan 7, 2014
Sold by
Fulginiti Lilyan E
Bought by
Perrin Richard K

Purchase Details

Closed on
Aug 27, 2004
Sold by
Macpherson Janet L
Bought by
Macpherson Janet L and The Janet L Mac Pherson Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Paseo Portola Llc $1,544,000 Equity Title
Perrin Richard K $435,000 None Available
Perrin Richard K -- Fidelity National Title Co
Macpherson Janet L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paseo Portola Llc $2,640,000
Previous Owner Perrin Richard K $1,050,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $1,600,000 -15.7% --
07/22/2022 07/22/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $1,899,000 +336.6% --
05/02/2014 05/02/14 Sold $435,000 -48.8% --
04/28/2014 04/28/14 Pending -- -- --
07/02/2012 07/02/12 For Sale $849,000 -- --
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 $18,928 $1,574,880 $1,574,880 --
2023 $18,587 $1,544,000 $1,544,000 $0
2022 $6,682 $502,491 $502,491 $0
2021 $6,519 $492,639 $492,639 $0
2019 $6,388 $478,028 $478,028 $0
2018 $7,417 $468,655 $468,655 $0
2016 $5,835 $450,457 $450,457 $0
2015 $5,758 $443,691 $443,691 $0
2014 -- $157,104 $156,981 $123
Source: Public Records

Agents Affiliated with this Home

  • Florence Silver

    Seller's Agent in 2022

    Florence Silver

    Coldwell Banker Realty

    (818) 881-6139

    1 in this area

    13 Total Sales

    Florence Silver
    Section Image

  • J

    Buyer's Agent in 2022

    Jacob Azizi

    Section Image

  • B

    Seller's Agent in 2014

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    2 in this area

    90 Total Sales

    Bill Moss
    Section Image
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Map

Source: The MLS

MLS Number: 22-159915

The MLS

APN: 4451-023-037

California Los Angeles County Malibu 90265 La Costa Beach

21490 Paseo Portola, Malibu, CA

This home is located at 21490 Paseo Portola, Malibu, CA 90265 since 21 May 2022 and is currently estimated at $1,626,458. 21490 Paseo Portola 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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