$4,448,281 - $7,023,000
RENTED SEP 30, 2024

23018 Pacific Coast Hwy Malibu, CA 90265

4 Beds
4 Baths
2,923 Sq Ft
$2,098 Price per Sq Ft

Highlights

  • White Water Ocean Views
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • Marble Flooring

About This Home

As of September 2024

This gated, single-story home is located in the prestigious Surfrider Beachfront enclave & features head-on Malibu Pier, Catalina Island & Surfrider beach views from an extra-wide, double lot w/ 74ft of beach frontage. Upon entering the one-of-a-kind gated entry/motor court, one can feel the sense of privacy this beachfront residence offers its guests. Parking is coveted & this property allows for approx. 6 standard cars. The main layout features an ocean view foyer, fully equipped chef's kitchen w/ granite countertops, bar & multiple skylights that give an abundance of natural light & dining/living area w/ vaulted ceiling, hardwood floors & floor-to-ceiling windows/sliders. The east wing includes the primary suite, which is very private & completely separate from the main house. It features a sitting room w/ vaulted ceiling & marble fireplace, floor-to-ceiling glass sliders that fully open to the beachfront deck allowing for an incredible indoor/outdoor retreat vibe. A spa-like bathroom w/ dual vanity, smart mirror, steam shower & walk-in closet w/ island complete the space. The west wing includes three additional spacious bedrooms, two of which are ensuite w/ direct deck access. Located in central Malibu w/ easy access to everything Malibu has to offer from shopping & dining in the Malibu Country Mart & Pier to sightseeing at the Historic Adamson House & Billionaire's Row on Carbon Beach.

Last Agent to Rent the Property

Julian Alexander

Coldwell Banker Realty License #01994705 Listed on: 05/06/2024

Coldwell Banker Realty

Last Renter's Agent

Julian Alexander

Coldwell Banker Realty License #01994705 Listed on: 05/06/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,324

Year Built

  • Built in 1955

Lot Details

  • 5,039 Sq Ft Lot
  • Lot Dimensions are 39x112
  • Property is zoned LCR1*

Property Views

  • White Water Ocean
  • Views of a pier
  • Lagoon
  • Catalina
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,923 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Decorative Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway
  • Gated Parking
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Zoned Heating

Listing and Financial Details

  • Security Deposit $130,000
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4452-005-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,324

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 130000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2923
  • Lot Acreage: 0.1157
  • Lot Dimensions: 39x112
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Decorative, Master Bedroom, Family Room
  • Flooring: Hardwood, Mixed, Marble
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Freezer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 18.82

Exterior Features

  • Pool: No
  • View: Catalina, Lagoon, Mountains, Ocean, Pier, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Controlled Entrance, Gated, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning
  • Heating: Zoned

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4452-005-004
  • Lot Size Area: 5039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2003
Sold by
Yap Wei Ying Stella and Yap Allan Stella
Bought by
Allan Robert J
Current Estimated Value
$6,131,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,745,500
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2001
Sold by
Singer Alan and The Malibu Property Trust
Bought by
Allan Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
7.12%

Purchase Details

Closed on
Dec 20, 2000
Sold by
Allan Robert J
Bought by
Singer Alan and Malibu Property Trust
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 Buyer Sale Price Title Company
Allan Robert J -- First Southwestern Title Co
Allan Robert J -- South Coast Title
Singer Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allan Robert J $535,000
Closed Allan Robert J $4,535
Closed Allan Robert J $535,000
Open Allan Robert J $4,500,000
Closed Allan Robert J $1,000,000
Closed Singer Alan $500,000
Closed Allan Robert J $1,745,500
Closed Allan Robert J $1,750,000
Closed Allan Robert J $1,750,000
Previous Owner Allan Robert J $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Rented $55,000 0.0% --
06/11/2024 06/11/24 Price Changed $55,000 -15.4% $19 / Sq Ft
05/06/2024 05/06/24 For Rent $65,000 -23.5% --
04/15/2022 04/15/22 Rented $85,000 0.0% --
02/26/2022 02/26/22 Price Changed $85,000 +13.3% $29 / Sq Ft
08/13/2021 08/13/21 For Rent $75,000 -11.8% --
08/12/2021 08/12/21 Rented $85,000 +13.3% --
06/17/2021 06/17/21 Price Changed $75,000 -21.1% $26 / Sq Ft
05/24/2021 05/24/21 For Rent $95,000 -- --
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 $20,324 $1,713,530 $1,082,236 $631,294
2024 $20,324 $1,679,932 $1,061,016 $618,916
2023 $19,865 $1,646,993 $1,040,212 $606,781
2022 $19,625 $1,614,700 $1,019,816 $594,884
2021 $19,148 $1,583,040 $999,820 $583,220
2019 $18,771 $1,536,088 $970,166 $565,922
2018 $17,816 $1,505,970 $951,144 $554,826
2016 $17,150 $1,447,494 $914,211 $533,283
2015 $16,920 $1,425,752 $900,479 $525,273
2014 $16,676 $1,397,824 $882,840 $514,984
Source: Public Records

Agents Affiliated with this Home

  • Julian Alexander

    Landlord's Agent in 2024

    Julian Alexander

    Coldwell Banker Realty

    (310) 923-5477

    3 Total Sales

    Julian Alexander
    Section Image
  • Brian Goldberg

    Seller's Agent in 2022

    Brian Goldberg

    Pinnacle Estate Properties

    (310) 403-4623

    20 Total Sales

    Brian Goldberg
    Section Image
  • Andrew Thurm

    Buyer's Agent in 2022

    Andrew Thurm

    Compass

    (310) 458-0091

    24 Total Sales

    Andrew Thurm
    Section Image
  • Duncan Watson

    Buyer's Agent in 2021

    Duncan Watson

    Compass

    (310) 210-6390

    10 Total Sales

    Duncan Watson
    Section Image
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Map

Source: The MLS

MLS Number: 24-388145

The MLS

APN: 4452-005-004

California Los Angeles County Malibu 90265

23018 Pacific Coast Hwy, Malibu, CA

This home is located at 23018 Pacific Coast Hwy, Malibu, CA 90265 since 06 May 2024 and is currently priced at $6,131,570. This property was built in 1955. 23018 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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