NOT LISTED FOR SALE

22227 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $4,221,387

2 Beds
2 Baths
4,369 Sq Ft
10,742 Sq Ft Lot

Highlights

  • Ocean Front
  • Coastline Views
  • New Construction
  • Webster Elementary School Rated A
  • Unit is on the top floor
  • Primary Bedroom Suite

About This Home

As of March 2022

Carbon Beach Bungalows-Perfectly situated on the best part of Carbon Beach, this brand new bungalow apartment complex features 6 newly developed apartments. Five 1 Bed + 1 Bath and One 2 Bed + 1.5 Bath. Open floor plans with tons of natural light and views of the Pacific Ocean beyond. Walls of glass doors open to the huge deck with a hot tub. French Oak hardwood floors, Brand new Italian Carerra marble gourmet kitchens, a large Carrara marble island, and all the best appliances you would expect. This bungalow retreat is situated a short walk from the famed Malibu Pier with the Farm restaurants, Nobu, Soho House....everything you need for a Malibu lifestyle.

Last Agent to Rent the Property

David Ickovics

Commercial Asset Group, Inc. License #01315424 Listed on: 01/14/2022

Last Renter's Agent

David Ickovics

Commercial Asset Group, Inc. License #01315424 Listed on: 01/14/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,140

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Ocean Front
  • West Facing Home

Home Design

  • Penthouse
  • Bungalow
  • Fire Rated Drywall
  • Copper Plumbing

Interior Spaces

  • 4,369 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Crown Molding
  • Brick Wall or Ceiling
  • High Ceiling
  • Bay Window
  • Window Screens
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Family Room
  • Living Room
  • Formal Dining Room
  • Den with Fireplace
  • Coastline Views
  • Security Lights

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Flooring

  • Engineered Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Powder Room
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 10 Parking Spaces
  • Circular Driveway
  • Brick Driveway
  • Assigned Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Location

  • Unit is on the top floor

Utilities

  • Air Conditioning
  • Central Heating
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Water Purifier
  • Aerobic Septic System
  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for cable TV, electricity, gas, janitorial service, move in fee, move out fee
  • Rent includes water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4451-008-014

Community Details

Overview

  • 10 Units

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Condo Details

Home Type

Condominium

Est. Annual Taxes

$39,140

Year Built

Built in 2021 | New Construction

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Rent Includes: Water, Trash Collection
  • Security Deposit: 10000
  • Tenant Pays: Cable TV, Electricity, Gas, Janitorial Service, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4369
  • Lot Acreage: 0.2466
  • Property Condition: New Construction
  • Stories: 1
  • Year Built: 2021
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Bar, Built-Ins, Brick Walls, Crown Moldings
  • Fireplace Rooms: Den
  • Flooring: Marble, Engineered Hardwood, Stone Tile
  • Appliances: Gas, Microwave, Oven-Gas, Built-Ins, Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Powder Room, Shower Stall, Tile, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Breakfast Room, Dining Area, Family Kitchen, Family Room, Formal Dining Rm, Kitchen Island, Living Room
  • Kitchen Features: Counter Top, Granite Counters, Island, Stone Counters, Pantry
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Bar Ice Maker, Built-Ins, Cable, Dishwasher, Dryer, Electric Dryer Hookup, Freezer, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Recirculated Exhaust Fan, Vented Exhaust Fan, Water Filter, Water Line to Refrigerator, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 1.72
  • Windows: Bay Window, Screens

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, Barbecue Private, French Doors, Full Copper Plumbing, High Ceilings (9 Feet+), Insulated Doors, Rain Gutters, Sliding Glass Doors
  • Pool: No
  • View: Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Assigned, Driveway, Driveway - Brick, Circular Driveway
  • Total Parking: 10

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Instant Hot Water, Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Fire Rated Drywall, Exterior Security Lights, Fire and Smoke Detection System, Firewall(s), Smoke Detector
  • Sewer: Aerobic Septic, Shared Septic
  • Water: District

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 4451-008-014
  • Lot Size Area: 10743

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2019
Sold by
Moro Kathleen M and The Colleen C Kittrelle Family
Bought by
Dartbu Llc
Current Estimated Value
$4,221,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,976,051
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$2,245,336

Purchase Details

Closed on
May 26, 2015
Sold by
Kittrelle Colleen C
Bought by
Kittrelle Colleen C and Colleen C Kittrelle Family Tru
Source: Public Records

Range of Values:

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Average Value
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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
Dartbu Llc $3,000,000 First Amer Ttl Ins Co Ncs
Kittrelle Colleen C -- None Available
Kittrelle Colleen C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dartbu Llc $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2024 02/17/24 Price Changed $3,500 -5.4% $4 / Sq Ft
01/04/2024 01/04/24 Price Changed $3,700 -5.1% $4 / Sq Ft
12/30/2023 12/30/23 Price Changed $3,900 -9.3% $4 / Sq Ft
12/28/2023 12/28/23 For Rent $4,300 0.0% --
04/25/2023 04/25/23 Price Changed $4,300 -4.4% $4 / Sq Ft
03/31/2023 03/31/23 Price Changed $4,500 0.0% $5 / Sq Ft
02/17/2023 02/17/23 Price Changed $4,500 +613.2% $5 / Sq Ft
02/16/2023 02/16/23 Price Changed $631 -86.0% $1 / Sq Ft
01/12/2023 01/12/23 Price Changed $4,500 -40.0% $5 / Sq Ft
03/01/2022 03/01/22 Rented $7,500 0.0% --
01/22/2022 01/22/22 Price Changed $7,500 +78.6% $2 / Sq Ft
01/14/2022 01/14/22 For Rent $4,200 -40.0% --
01/14/2022 01/14/22 For Rent $7,000 -- --
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 $39,140 $2,952,841 $2,411,488 $541,353
2024 $39,140 $3,216,602 $2,626,893 $589,709
2023 $38,362 $3,153,533 $2,575,386 $578,147
2022 $37,926 $3,091,700 $2,524,889 $566,811
2021 $37,079 $3,031,080 $2,475,382 $555,698
2020 $36,873 $3,000,000 $2,450,000 $550,000
2019 $6,808 $399,517 $254,924 $144,593
2018 $6,324 $391,684 $249,926 $141,758
2016 $6,067 $376,476 $240,222 $136,254
2015 $5,999 $370,822 $236,614 $134,208
2014 $5,954 $363,560 $231,980 $131,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-118689

The MLS

APN: 4451-008-014