NOT LISTED FOR SALE

23034 Pacific Coast Hwy Malibu, CA 90265

Estimated Value: $6,668,000 - $8,673,000

2 Beds
2 Baths
1,201 Sq Ft
$6,370/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $7,000,000 $5,828 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $47,921/month

181 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Deck
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of February 2024

Welcome to your dream beach house in the heart of Malibu! This beautiful home has been cared for and loved by one family for the last 50 years and is now ready for its next lucky owner. The house is a two-bedroom, two-bathroom gem, one of only 6 homes that sits adjacent to the iconic Malibu pier and overlooks Surfrider beach, offering breathtaking views of the Pacific Ocean. As you step inside, you'll be transported to a bygone era with the beautiful 1950s architecture and detail. The house is designed for comfort and relaxation, with a galley style kitchen and dining area that overlooks the ocean. The spacious living room features large windows that let in plenty of natural light and offer panoramic views of the beach. The house also has a beautiful deck that is the perfect spot to savor a cup of coffee in the morning, enjoying the sunrise or barbecuing in the evening, while taking in the expansive ocean views, sunsets, surfers, dolphins and seabirds. From here, you'll have direct access to the most famous beach in Malibu where you can enjoy activities or simply soak up the sun. You'll also be just a short distance from Cross Creek, which boasts some of the best restaurants and shops that Malibu has to offer. The location and beauty of this house is truly unbeatable.

Last Agent to Sell the Property

Kristal Moffett

Compass License #01885488 Listed on: 06/19/2023

Compass

Last Buyer's Agent

Kathy Ellis

Coldwell Banker Realty License #01320487

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,275

Year Built

  • Built in 1958

Lot Details

  • 4,544 Sq Ft Lot
  • Lot Dimensions are 40x110
  • Beach Front
  • South Facing Home
  • Gated Home
  • Block Wall Fence
  • Chain Link Fence
  • Sprinkler System
  • Property is zoned LCR1*

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,201 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4452-005-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,275

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1201
  • Lot Acreage: 0.1043
  • Lot Dimensions: 40x110
  • Probate: No
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Carpet, Tile
  • Appliances: Cooktop - Electric, Oven
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Ceiling Fan, Garbage Disposal, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 6656.95

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Foundation Details: Pillar/Post/Pier
  • Fence: Block, Chain Link
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Ocean, White Water, Hills
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Heating: Wall
  • Security: Gated
  • Sewer: Septic Tank
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4452-005-002
  • Lot Location: Beach Front
  • Lot Size Area: 4544

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Feb 1, 2024
Sold by
Astin-Griffiths Trust
Bought by
Malibu Soulsurfer Lp
Seller's Agent
Kristal Moffett
Compass
Buyer's Agent
Kathy Ellis
Coldwell Banker Realty
List Price
$7,995,000
Sold Price
$7,000,000
Premium/Discount to List
-$995,000
-12.45%
Views
3057
Current Estimated Value
$7,649,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,796
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Sep 29, 2022
Sold by
Astin John Alexander
Bought by
John Alexander Astin Revocable Living Trust

Purchase Details

Closed on
Sep 16, 2022
Sold by
Astin Family Survivors Trust
Bought by
Astin John Alexander

Purchase Details

Closed on
Aug 4, 2022
Sold by
Allen Astin Paul
Bought by
Astin-Griffiths Trust

Purchase Details

Closed on
May 12, 2016
Sold by
Astin Alexander W
Bought by
Astin Alexander W and The Astin Family Trust
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
Malibu Soulsurfer Lp $7,000,000 Lawyers Title
John Alexander Astin Revocable Living Trust -- --
Astin John Alexander -- --
Astin-Griffiths Trust -- --
Astin Paul Allen -- --
Astin Alexander W -- None Available
Astin Alexander W -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $7,000,000 -12.4% $5,828 / Sq Ft
12/17/2023 12/17/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $7,995,000 -- $6,657 / 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 $90,275 $7,140,000 $6,135,300 $1,004,700
2024 $90,275 $7,803,000 $6,884,235 $918,765
2023 $3,736 $242,530 $175,333 $67,197
2022 $3,680 $237,776 $171,896 $65,880
2021 $3,580 $233,115 $168,526 $64,589
2019 $3,505 $226,202 $163,528 $62,674
2018 $3,312 $221,768 $160,322 $61,446
2016 $3,178 $213,159 $154,098 $59,061
2015 $3,136 $209,958 $151,784 $58,174
2014 $3,111 $205,846 $148,811 $57,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-282165

The MLS

APN: 4452-005-002