NOT LISTED FOR SALE

21612 Rambla Vista Malibu, CA 90265

Estimated Value: $1,936,000 - $4,292,000

0.84 Acres
$3,323,683 Price per Acre
36,634 Sq Ft Lot

Last Sold August 17, 2021

Last sale price $1,550,000 $851 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $16,336/month

125 Days on Market

About This Lot

As of August 2021

Prestigious La Costa Malibu Area Estate Property with membership to the exclusive La Costa Beach and Tennis Club. This .84 Acre Malibu Lot is within a 100 yards of the ocean and has breathtaking unobstructed ocean , whitewater , Island views ! Property has years of work completed with complete Geology /Soils reports and approval from Geology Department. Septic and Health Approval , Preliminary Plans , survey/topographical maps - only waiting on Fire Department to obtain Planning Approval . Reports and approvals available - text or call agent. Tremendous potential with adjacent homes selling for $7m or more. See photo section for detailed maps, floor plans etc. Lot had home built on it from the 1950's that burned down in the 1990's. Incredible Opportunity to live close to the ocean in one of the best areas of Malibu!

Last Agent to Sell the Property

Bill Moss

Coldwell Banker Realty License #00860010 Listed on: 03/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Donald Heller

Christie's International Real Estate SoCal License #01198240

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Lot Details

  • 0.84 Acre Lot
  • Property is zoned LCR110

Property Views

  • White Water Ocean Views

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4451-017-038

Property Details

Property Type

Land

Lot Details

0.84 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.8410
  • Survey: Survey Done
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Lights: No
  • View: White Water, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: Meter on Property

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4451-017-038
  • Current Geological: Yes
  • Lot Size Area: 36635
  • Site Decription: Hillside, Flats
  • Staked: No
  • Topography: Varied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2022
Sold by
Rahmati Mohammad Hossein
Bought by
Rahmati 2021 Trust and Behjat
Current Estimated Value
$2,795,217

Purchase Details

Closed on
Mar 1, 2017
Sold by
Gelbart Sasha and Gelbart Suzanne
Bought by
Pharmacy Management Services Llc and Pharmaceutical Management Services Llc

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jul 14, 2014
Sold by
Weiskopf Walt and The Robert & Eileen Weiskopf F
Bought by
Gelbart Sasha and Gelbart Suzanne
Seller's Agent
Kevin Krakower
Douglas Elliman of California, Inc.
Buyer's Agent
Gina Dickerson
Westside Estate Agency Inc.
List Price
$1,000,000
Sold Price
$650,000
Premium/Discount to List
-$350,000
-35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Apr 28, 2000
Sold by
Weiskopf Robert J and Weiskopf Eileen
Bought by
Weiskopf Walt and Walt Weiskopf Separate Propert
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rahmati 2021 Trust -- None Listed On Document
Pharmacy Management Services Llc $1,500,000 Fidelity National Title
Gelbart Sasha $650,000 Fidelity
Weiskopf Walt -- --
Weiskopf Kim -- --
The Robert & Eileen Weiskopf Family Ltd -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2021 08/17/21 Sold $1,550,000 -2.8% $851 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $1,595,000 -5.9% $875 / Sq Ft
06/18/2021 06/18/21 For Sale $1,695,000 0.0% $930 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,695,000 +13.0% $930 / Sq Ft
08/28/2017 08/28/17 Sold $1,500,000 0.0% $823 / Sq Ft View Prior Sale
02/15/2017 02/15/17 For Sale $1,500,000 +130.8% $823 / Sq Ft
08/29/2014 08/29/14 Sold $650,000 -35.0% $357 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Pending -- -- --
02/18/2013 02/18/13 For Sale $1,000,000 -- $549 / Sq Ft
Source: The MLS

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 $19,593 $1,644,872 $1,644,872 --
2024 $19,593 $1,612,620 $1,612,620 --
2023 $19,194 $1,581,000 $1,581,000 $0
2022 $18,912 $1,550,000 $1,550,000 $0
2021 $21,886 $1,576,767 $1,261,414 $315,353
2020 $19,008 $1,560,600 $1,248,480 $312,120
2019 $20,175 $1,530,000 $1,224,000 $306,000
2018 $19,035 $1,500,000 $1,200,000 $300,000
2016 $8,301 $659,912 $659,912 $0
2015 $1,758 $82,722 $82,597 $125
2014 $1,772 $81,103 $80,980 $123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-707176

The MLS

APN: 4451-017-038

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