$9,000,000
SOLD APR 16, 2025

21520 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood
0.22 Acre
$40,035,587 Price per Acre
9,794 Sq Ft Lot

Recently Sold

$2,093 Per Sq Ft

0 Day on Market

About This Lot

As of April 2025

Listed for comp purposes only.

Last Agent to Sell the Property

Michael Fahimian

The Beverly Hills Estates License #02028482 Listed on: 04/16/2025

The Beverly Hills Estates

Co-Listed By

Jack Harris

The Beverly Hills Estates License #02022241

Last Buyer's Agent

Weston Littlefield

Christie's International Real Estate SoCal License #02053581

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $209,486

Lot Details

  • 9,794 Sq Ft Lot
  • Lot Dimensions are 60x161
  • Property is zoned LCR1*

Property Views

  • White Water Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 4451-002-018

Property Details

Property Type

Land

Est. Annual Taxes

$209,486

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2248
  • Lot Dimensions: 60x161
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 4451-002-018
  • Lot Size Area: 9794

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Apr 12, 2025
Sold by
21520 Pch Llc
Bought by
Pacific Coast Highway Development Llc
Seller's Agent
Michael Fahimian
The Beverly Hills Estates
Buyer's Agent
Weston Littlefield
Christie's International Real Estate SoCal
List Price
$9,000,000
Sold Price
$9,000,000
Views
2
Current Estimated Value
$13,162,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,162,602
Avg. Annual Appreciation
98.39%

Purchase Details

Closed on
Nov 3, 2009
Sold by
Glasmacher Konstantin and M & N Investment Trust
Bought by
Gold Eric L and Kaplan Gold Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2005
Sold by
Simpson Marilyn D and Marilyn D Simpson Trust
Bought by
Glasmacher Konstantin and The M & N Investment Trust
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 Type Sale Price Title Company
Grant Deed $9,000,000 Equity Title Company
Grant Deed $9,000,000 Ticor Title Co
Grant Deed -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $745,100 New Conventional
Previous Owner $3,455,000 New Conventional
Previous Owner $5,500,000 New Conventional
Previous Owner $646,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $9,000,000 0.0% $2,093 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $9,000,000 0.0% $2,093 / Sq Ft
07/05/2022 07/05/22 Rented $200,000 0.0% --
05/19/2022 05/19/22 For Rent $200,000 0.0% --
02/04/2022 02/04/22 Sold $17,500,000 -3.8% $4,127 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $18,200,000 0.0% $4,292 / Sq Ft
08/14/2021 08/14/21 Rented $100,000 0.0% --
06/11/2021 06/11/21 For Rent $100,000 +170.3% --
01/07/2019 01/07/19 Rented $37,000 +5.7% --
11/20/2018 11/20/18 Price Changed $35,000 -61.1% $8 / Sq Ft
05/29/2018 05/29/18 Price Changed $90,000 -10.0% $21 / Sq Ft
05/03/2018 05/03/18 For Rent $100,000 0.0% --
05/03/2018 05/03/18 Price Changed $100,000 +185.7% $23 / Sq Ft
04/30/2018 04/30/18 Off Market $35,000 -- --
10/30/2017 10/30/17 For Rent $35,000 -- --
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 $209,486 $11,036,564 $11,036,564 --
2024 $209,486 $18,207,000 $16,646,400 $1,560,600
2023 $205,636 $17,850,000 $16,320,000 $1,530,000
2022 $127,599 $10,947,358 $9,305,258 $1,642,100
2021 $124,680 $10,732,704 $9,122,802 $1,609,902
2019 $122,274 $10,414,367 $8,852,215 $1,562,152
2018 $116,174 $10,210,165 $8,678,643 $1,531,522
2016 $112,052 $9,813,694 $8,341,642 $1,472,052
2015 $110,551 $9,666,284 $8,216,343 $1,449,941
2014 $108,828 $9,476,936 $8,055,397 $1,421,539
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25525309

The MLS

APN: 4451-002-018