NOT LISTED FOR SALE

22048 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $4,216,000 - $6,696,266

4 Beds
5 Baths
2,680 Sq Ft
$2,018/Sq Ft Est. Value

Highlights

  • Beach Front
  • White Water Ocean Views
  • Home Theater
  • Webster Elementary School Rated A
  • Property has ocean access
  • Spa

About This Home

As of March 2019

Located on one of the most expensive and sought-after stretches of sand in Malibu is this stunning California beach house, offering sweeping panoramic, coastline, and gorgeous Catalina and Malibu pier views. This two-story gated home features a main level great room, with fireplace and a high wood, beamed ceilings, media and dining area, cook's kitchen, and walls of windows and glass sliders to a wraparound wood deck for outdoor entertaining, lounging in the sun, or accessing the year-round sandy beach. The main level also includes a generous bedroom with Jack & Jill bath that's shared with a second bedroom or utilized as a sitting/media room. The upper level offers an ocean view owner's suite w/private deck, large closet, and a spa tub/shower bath, plus a fourth bedroom with custom closet, private deck, and shower/tub bath. Just a short distance to fabulous restaurants, exclusive dining club, organic groceries, & downtown Malibu. Summer Rate June, July, & August is $60,000/month

Last Agent to Rent the Property

Chris Cortazzo

Compass License #01190363 Listed on: 03/12/2018

Compass

Last Renter's Agent

Maryam David

Sotheby's International Realty License #00934384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,060

Year Built

  • 1927

Lot Details

  • 8,733 Sq Ft Lot
  • Beach Front
  • Glass Fence
  • Wood Fence
  • Property is zoned LCR19000*

Property Views

  • White Water Ocean
  • Coastline
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Plaster Walls
  • Wood Siding

Interior Spaces

  • 2,680 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Blinds
  • Sliding Doors
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Theater
  • Security System Owned

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Pavers

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Private Parking
  • Tandem Parking
  • Guest Parking
  • On-Street Parking

Outdoor Features

  • Spa
  • Property has ocean access
  • Oceanside
  • Balcony
  • Wood Patio
  • Outdoor Grill
  • Wrap Around Porch

Location

  • Property is near public transit

Utilities

  • Central Heating
  • Property is located within a water district
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $50,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Assessor Parcel Number 4451-005-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,060

Year Built

1927

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 50000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 2680
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1927

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Phone System, Plaster Walls, Recessed Lighting
  • Fireplace Rooms: Gas, Great Room
  • Flooring: Carpet, Pavers, Wood
  • Appliances: Built-Ins, Convection Oven, Cooktop - Gas, Oven-Electric
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Powder Room, Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen, Living Room
  • Kitchen Features: Pantry, Skylight(s), Tile Counters
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 11.01
  • Windows: Window Blinds

Exterior Features

  • Construction: Wood Siding
  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+), Sliding Glass Doors
  • Tennis Court Y/N: No
  • Fence: Glass/Plexiglass, Wood
  • Patio: Balcony, Deck(s), Living Room Deck Attached, Wood, Wrap Around Porch
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic, Pier, White Water
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, On street, Parking for Guests, Private, Tandem
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Heating: Central
  • Security: Owned, T.V.
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4451-005-013
  • Geocode Override: No
  • Lot Description: Fenced, Street Paved
  • Lot Location: Beach Access, Beach Front, Near Public Transit, Ocean Access, Ocean Front, Ocean Side Of Highway 1
  • Lot Size Area: 8733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 1998
Sold by
Turner Bryan S
Bought by
Turner Bryan S and South End Trust
Current Estimated Value
$5,407,755

Purchase Details

Closed on
Jan 6, 1995
Sold by
Newbound Bernard
Bought by
Turner Bryan Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
9.16%
Source: Public Records

Range of Values:

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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
Turner Bryan S -- --
Turner Bryan Stuart -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Turner Bryan Stuart $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Rented $29,000 -1.7% --
03/12/2018 03/12/18 For Rent $29,500 +59.5% --
03/01/2013 03/01/13 Rented $18,500 -26.0% --
03/01/2013 03/01/13 Under Contract -- -- --
10/22/2012 10/22/12 For Rent $25,000 -- --
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 $53,060 $2,047,163 $2,047,163 --
2024 $53,060 $4,075,789 $3,087,727 $988,062
2023 $52,209 $3,995,873 $3,027,184 $968,689
2022 $51,658 $3,917,524 $2,967,828 $949,696
2021 $50,560 $3,840,711 $2,909,636 $931,075
2019 $49,642 $3,726,795 $2,823,336 $903,459
2018 $47,521 $3,653,722 $2,767,977 $885,745
2016 $46,047 $3,511,845 $2,660,494 $851,351
2015 $46,528 $3,459,094 $2,620,531 $838,563
2014 $46,037 $3,391,336 $2,569,199 $822,137
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Landlord's Agent in 2019

    Chris Cortazzo

    Compass

    (310) 457-3995

    220 Total Sales

    Chris Cortazzo
    Section Image
  • Maryam David

    Tenant's Agent in 2019

    Maryam David

    Sotheby's International Realty

    (310) 456-6431

    5 Total Sales

    Maryam David
    Section Image
  • Wendy Carroll

    Seller's Agent in 2013

    Wendy Carroll

    Westside Estate Agency-Malibu

    (310) 990-2285

    16 Total Sales

    Wendy Carroll
    Section Image
  • Eytan Levin

    Buyer's Agent in 2013

    Eytan Levin

    The Agency

    (310) 924-0806

    13 Total Sales

    Eytan Levin
    Section Image
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Map

Source: The MLS

MLS Number: 18-321640

The MLS

APN: 4451-005-013

California Los Angeles County Malibu 90265

22048 Pacific Coast Hwy, Malibu, CA

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