$3,375,000
SOLD DEC 31, 2012

23006 Pacific Coast Hwy Malibu, CA 90265

3 Beds
3 Baths
1,848 Sq Ft
5,173 Sq Ft Lot

Recently Sold

$1,826 Per Sq Ft

10% Below List Price

180 Days on Market

Highlights

  • Ocean Front
  • Granite Flooring
  • Breakfast Area or Nook
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 2 Car Direct Access Garage

About This Home

As of January 2021

Beach Home with approximately 40 feet frontage on the famous Surfrider Beach! Cozy and elegant with features of teak wood throughout the house. A large kitchen, and two fireplaces. New decks with great views of the surfers and watching sunsets.

Last Agent to Sell the Property

Chris Cortazzo

Compass License #01190363 Listed on: 05/24/2012

Compass

Last Buyer's Agent

Janelle Friedman

Sotheby's International Realty License #00991146

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,203

Year Built

  • Built in 1948

Lot Details

  • 5,173 Sq Ft Lot
  • Ocean Front
  • Property is zoned LCC2*

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Granite

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Parking

  • 2 Car Direct Access Garage
  • Tandem Parking

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4452-005-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,203

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1848
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Wood Burning
  • Flooring: Carpet, Granite, Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 2029.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Shingle
  • View: Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Direct Entrance, Garage, Tandem
  • Total Parking: 2

Utilities

  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4452-005-025
  • Lot Size Area: 5173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jan 8, 2021
Sold by
Roth Jonathan P and Roth Alison G
Bought by
Bo Safe Harbor Llc
Seller's Agent
Janelle Friedman
Sotheby's International Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$7,995,000
Sold Price
$7,590,000
Premium/Discount to List
-$405,000
-5.07%
Current Estimated Value
$8,573,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$983,157
Avg. Annual Appreciation
2.64%
Original Mortgage
$4,940,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2012
Closed on
Nov 29, 2012
Sold by
Obermeyer Klaus
Bought by
Roth Jonathan P and Roth Alison G
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Janelle Friedman
Sotheby's International Realty
List Price
$3,750,000
Sold Price
$3,375,000
Premium/Discount to List
-$375,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Aug 20, 2002
Sold by
Taylor John C and Taylor Duross Family Trust
Bought by
Obermeyer Klaus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.62%

Purchase Details

Closed on
Dec 20, 2000
Sold by
Allan Robert James
Bought by
Singer Alan and Malibu Property Trust

Purchase Details

Closed on
Jan 31, 2000
Sold by
Allan Robert James
Bought by
Taylor John C and The Taylor Duross Family Trust

Purchase Details

Closed on
Nov 1, 1999
Sold by
Allen Robert James
Bought by
Taylor John C and The Taylor Duross Famioy Trust

Purchase Details

Closed on
Oct 21, 1998
Sold by
Taylor John C and Taylor Duross Family Trust
Bought by
Allan Robet James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 9, 1997
Sold by
Breen Patrick E and Taylor Duross Family Trust
Bought by
Allan Robert James

Purchase Details

Closed on
Oct 29, 1997
Sold by
Allan Robert James
Bought by
Allan Robert James
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $7,590,000 Chicago Title
Grant Deed $3,375,033 Equity Title Co
Grant Deed $1,650,000 Fidelity National Title Co
Grant Deed -- --
Quit Claim Deed -- Continental Title
Gift Deed -- Continental Title
Quit Claim Deed -- Gateway Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,940,000 New Conventional
Previous Owner $762,500 Commercial
Previous Owner $2,388,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,362,500 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,060,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $1,100,000 Unknown
Previous Owner $1,100,000 No Value Available
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $7,590,000 -5.1% $3,865 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/28/2020 10/28/20 For Sale $7,995,000 +136.9% $4,071 / Sq Ft
12/31/2012 12/31/12 Sold $3,375,000 -10.0% $1,826 / Sq Ft
05/24/2012 05/24/12 For Sale $3,750,000 -- $2,029 / 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 $93,203 $8,215,658 $6,572,527 $1,643,131
2024 $93,203 $8,054,567 $6,443,654 $1,610,913
2023 $91,436 $7,896,635 $6,317,308 $1,579,327
2022 $90,378 $7,741,800 $6,193,440 $1,548,360
2021 $45,137 $3,839,562 $3,202,482 $637,080
2020 $44,883 $3,800,193 $3,169,645 $630,548
2019 $44,262 $3,725,681 $3,107,496 $618,185
2018 $42,046 $3,652,629 $3,046,565 $606,064
2016 $40,549 $3,510,795 $2,928,264 $582,531
2015 $40,006 $3,458,060 $2,884,279 $573,781
2014 $39,396 $3,390,322 $2,827,780 $562,542
Source: Public Records

Agents Affiliated with this Home

  • Janelle Friedman

    Seller's Agent in 2021

    Janelle Friedman

    Sotheby's International Realty

    (310) 850-3635

    5 Total Sales

    Janelle Friedman
    Section Image

  • S

    Buyer's Agent in 2021

    Subscriber Non

    Non-Participant Office

  • Chris Cortazzo

    Seller's Agent in 2012

    Chris Cortazzo

    Compass

    (310) 457-3995

    225 Total Sales

    Chris Cortazzo
    Section Image
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Map

Source: The MLS

MLS Number: 12-602467

The MLS

APN: 4452-005-025

California Los Angeles County Malibu 90265

23006 Pacific Coast Hwy, Malibu, CA

This home is located at 23006 Pacific Coast Hwy, Malibu, CA 90265 and is currently priced at $3,375,000, approximately $1,826 per square foot. This property was built in 1948. 23006 Pacific Coast Hwy is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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