NOT LISTED FOR SALE

22548 Pacific Coast Hwy Unit 308 Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $1,313,770 - $1,794,000

2 Beds
1 Bath
740 Sq Ft
1.52 Acres

Highlights

  • White Water Ocean Views
  • Filtered Pool
  • 66,109 Sq Ft lot
  • Webster Elementary School Rated A
  • Gated Parking
  • Contemporary Architecture

About This Home

As of August 2014

Newly Remodeled with the latest of everything. Two Bedroom, One bath with Sunset, Malibu Pier, Ocean and Mountain Views. Private Beach with a large heated Pool and Separate Spa. Assigned Subterranean parking and outside guest parking. Must See.

Last Agent to Rent the Property

Bill Kelly

Sotheby's International Realty License #00478030 Listed on: 07/31/2014

Last Renter's Agent

Bill Kelly

Sotheby's International Realty License #00478030 Listed on: 07/31/2014

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,214

Year Built

  • Built in 1963

Lot Details

  • 1.52

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Intercom
  • Alarm System

Parking

  • 1 Parking Space
  • Gated Parking
  • Guest Parking

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool
  • Permits for Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Radiant Heating System
  • Phone System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Tenant pays for cable TV, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4452-003-060

Community Details

Overview

  • 42 Units
  • Association Phone (310) 456-3456
  • High-Rise Condominium

Amenities

  • Sundeck
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Security

  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,214

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 10000
  • Tenant Pays: Cable TV, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: Malibu Outrigger
  • Entry Floor: 3
  • Lease Terms: 1+Year
  • Living Area: 740
  • Lot Dimensions: A15000
  • Unit Floor In Building: 3
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Inside, Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Elevator, Garbage Disposal, Hood Fan, Intercom, Microwave, Phone System, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 8.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Fenced, Filtered, Heated, Heated And Filtered, Heated with Gas, Permits, Safety Fence
  • Pool: Yes
  • View: City Lights, Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Parking for Guests - Onsite, Permit/Decal, Subterranean
  • Total Parking: 1

Utilities

  • Heating: Radiant

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Elevator, Gated Parking, Pool, Spa, Sun Deck

Condo/Co-op/Association

  • HOA Fees: 1000.00
  • Phone: 310-456-3456

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4452-003-060
  • Geocode Override: No
  • Lot Size Area: 66109

Multi Family

  • Number Of Units: 42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Greenberg Jerry Alan
Bought by
Rigga Holdings Llc
Current Estimated Value
$1,602,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,158,568
Outstanding Balance
$1,043,283
Interest Rate
2.7%
Mortgage Type
Seller Take Back
Estimated Equity
$559,660

Purchase Details

Listed on
Apr 1, 2014
Closed on
May 22, 2014
Sold by
Sharron Lowell S
Bought by
Greenberg Jerry Alan
Seller's Agent
Bill Kelly
Sotheby's International Realty
Buyer's Agent
Ani Dermenjian
Douglas Elliman
Sold Price
$7,000

Purchase Details

Closed on
Apr 30, 2009
Sold by
Kaufman Lee Eric and Allen Tracy Michelle
Bought by
Sharron Lowell S and Lowell S Sharron Revocable Trust

Purchase Details

Closed on
Mar 14, 2008
Sold by
Kaufman Lee Eric and Allen Tracy Michelle
Bought by
Kaufman Lee Eric

Purchase Details

Closed on
May 22, 2006
Sold by
Sharron Lowell
Bought by
Sharron Lowell S and The Lowell S Sharron Revocable Trust

Purchase Details

Closed on
May 13, 2005
Sold by
Word Laura Lizer and Word Ii Robert Jennings
Bought by
Sharron Lowell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Shultz Michael L and Shultz Joel A
Bought by
Word Ii Robert Jennings

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Rigga Holdings Llc $1,180,500 Progressive Title
Greenberg Jerry Alan -- Progressive Title Company
Sharron Lowell S $20,000 None Available
Kaufman Lee Eric -- None Available
Sharron Lowell S -- None Available
Sharron Lowell -- Fatcola
Sharron Lowell -- Fatcola
Word Ii Robert Jennings $650,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rigga Holdings Llc $1,158,568
Previous Owner Sharron Lowell S $692,000
Previous Owner Sharron Lowell S $700,000
Previous Owner Sharron Lowell $825,000
Previous Owner Word Ii Robert Jennings $80,500
Closed Word Ii Robert Jennings $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Rented $6,500 0.0% --
08/29/2014 08/29/14 Under Contract -- -- --
07/31/2014 07/31/14 For Rent $6,500 -7.1% --
04/22/2014 04/22/14 Rented $7,000 +18.6% --
04/22/2014 04/22/14 Under Contract -- -- --
04/01/2014 04/01/14 For Rent $5,900 +22.9% --
04/22/2013 04/22/13 Rented $4,800 0.0% --
04/22/2013 04/22/13 Under Contract -- -- --
02/26/2013 02/26/13 For Rent $4,800 -- --
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 $15,214 $1,277,699 $1,022,138 $255,561
2024 $15,214 $1,252,647 $1,002,097 $250,550
2023 $14,943 $1,228,087 $982,449 $245,638
2022 $14,746 $1,204,008 $963,186 $240,822
2021 $12,000 $971,527 $777,224 $194,303
2020 $11,931 $961,566 $769,255 $192,311
2019 $11,762 $942,713 $754,172 $188,541
2018 $11,194 $924,230 $739,385 $184,845
2016 $10,790 $888,343 $710,675 $177,668
2015 $11,507 $875,000 $700,000 $175,000
2014 $14,431 $1,203,165 $1,071,914 $131,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-782131

The MLS

APN: 4452-003-060