NOT LISTED FOR SALE

22826 Pacific Coast Hwy Malibu, CA 90265

Carbon Beach Neighborhood

Estimated Value: $4,861,560 - $7,848,000

2 Beds
3 Baths
1,956 Sq Ft
$1,240/mo HOA Fee

Last Sold December 21, 2020

Last sale price $5,000,000 $2,556 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $41,604/month

143 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Oceanside
  • Webster Elementary School Rated A
  • Property has ocean access
  • Auto Driveway Gate

About This Home

As of December 2020

Located midway between Nobu and the Pier, this gated oceanfront top-floor condo is beautifully updated and immaculate, with a dramatic architectural skylight and a wall of glass opening onto a tile-floor dining balcony above the sand. For indoor-outdoor entertaining, the step-down living room, which has a fireplace, expands to include the balcony and non-stop ocean and shoreline views as well as a spacious dining area. The ocean-view cooks kitchen has wraparound granite countertops, lovely wood cabinetry, and quality stainless appliances. In addition to a large, carpeted family room with angled windows, recessed lighting, and a wall of closets, there are two bedrooms, including an ocean-view owners suite complete with custom closet, fireplace, and dual bath. An ideal location for year-round relaxed living, beach strolls, dolphin-watching, and gorgeous sunsets enjoyed with coffee or cocktails from the comfort of your private oasis at the beach. Gated two-car courtyard parking.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 07/24/2020

Compass

Last Buyer's Agent

Chris Cortazzo

Compass License #01190363 Listed on: 07/24/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $61,674

Year Built

  • Built in 1984

Lot Details

  • Beach Front
  • Gated Home

HOA Fees

  • $1,240 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,956 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Shutters
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Powder Room
  • 3 Full Bathrooms
  • Bidet
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Intercom

Parking

  • 2 Open Parking Spaces
  • Auto Driveway Gate
  • Guest Parking
  • On-Street Parking

Outdoor Features

  • Property has ocean access
  • Oceanside
  • Balcony

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 4452-004-050

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$61,674

Year Built

Built in 1984

Lot Details

0

HOA Fees

$1,240 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Condominium
  • Entry Floor: 2
  • Living Area: 1956
  • Lot Acreage: 0.3005
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1984
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Bidet, Built-Ins, High Ceilings (9 Feet+), Intercom, Living Room Balcony, Mirrored Closet Door(s), Recessed Lighting, Storage Space, Turnkey
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Stone Tile, Tile, Wood
  • Appliances: Built-Ins, Convection Oven, Cooktop - Gas, Oven
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Powder Room, Shower Over Tub, Shower Stall, Tile, Tub Only
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Dining Area, Living Room, In Kitchen
  • Kitchen Features: Counter Top, Granite Counters
  • Laundry: In Closet, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Intercom, Range/Oven, Refrigerator, Alarm System
  • Fireplace: Yes
  • Price Per S Q F T: 2811.86
  • Windows: Skylights, Window Shutters

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: Catalina, City, City Lights, Coastline, Panoramic, Ocean, Mountains, White Water, Hills
  • View: Yes
  • Waterfront: Beach Rights, Ocean

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Uncovered, Driveway Gate, On street, Parking for Guests

Utilities

  • Cooling: Central
  • Heating: Fireplace, Central
  • Security: Automatic Gate, Gated, Owned
  • Water: District

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1240.00
  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Flood, Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4452-004-050
  • Lot Description: Automatic Gate, Fenced, Street Paved
  • Lot Location: City, Beach Access, Beach Front, Ocean Side Of Highway 1, Ocean Front, Ocean Access, Near Public Transit
  • Lot Size Area: 13090

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Dec 9, 2020
Sold by
Simon Porntip Bui
Bought by
Zukowsky Paul
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$5,500,000
Sold Price
$5,000,000
Premium/Discount to List
-$500,000
-9.09%
Current Estimated Value
$6,464,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,464,520
Avg. Annual Appreciation
5.64%
Original Mortgage
$3,500,000
Outstanding Balance
$3,098,676
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$3,365,845

Purchase Details

Closed on
Jun 26, 2013
Sold by
Simon Porntip Bui
Bought by
Simon Porntip Bi and The Bui Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,416
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2000
Sold by
Nakhirunkanok Porntip
Bought by
Nakhirunkanok Porntip and Bui Trust

Purchase Details

Closed on
May 6, 1994
Sold by
Rice Charles E
Bought by
Nakhirunkanok Porntip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
4.5%
Source: Public Records

Range of Values:

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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
Zukowsky Paul $5,000,000 Usa National Title Company
Simon Porntip Bi -- First American Title Company
Nakhirunkanok Porntip -- --
Nakhirunkanok Porntip $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zukowsky Paul $3,500,000
Previous Owner Simon Porntip Bi $461,416
Previous Owner Nakhirunkanok Porntip $0
Previous Owner Nakhirunkanok Porntip $466,000
Previous Owner Nakhirunkanok Porntip $585,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $5,000,000 -9.1% $2,556 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $5,500,000 -- $2,812 / Sq Ft
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 $61,674 $5,412,160 $1,623,648 $3,788,512
2024 $61,674 $5,306,040 $1,591,812 $3,714,228
2023 $60,570 $5,202,000 $1,560,600 $3,641,400
2022 $59,849 $5,100,000 $1,530,000 $3,570,000
2021 $58,480 $5,000,000 $1,500,000 $3,500,000
2020 $16,199 $1,321,019 $1,047,501 $273,518
2019 $15,973 $1,295,117 $1,026,962 $268,155
2018 $15,176 $1,269,724 $1,006,826 $262,898
2016 $14,617 $1,220,422 $967,731 $252,691
2015 $14,394 $1,202,091 $953,195 $248,896
2014 $14,218 $1,178,545 $934,524 $244,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-609210

The MLS

APN: 4452-004-050