NOT LISTED FOR SALE

23422 Malibu Colony Rd Malibu, CA 90265

Malibu Colony Neighborhood

Estimated Value: $8,967,000 - $17,789,374

5 Beds
4 Baths
3,829 Sq Ft
$3,494/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Cape Cod Architecture
  • Webster Elementary School Rated A
  • In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of March 2021

Leased until October 31, 2021. Located behind the exclusive gates of Malibu Colony sits a perfect Cape Cod gem. This charming beach front home is certain to capture your emotions. The casual yet elegant chabby chic dcor of this fully furnished five bedroom home provides for beach living at its best. Pamper yourself in the spacious master suite with two sitting areas, an office area, spectacular ocean views and a large master bath. Your family or guests can enjoy the privacy of separate bedrooms and baths connected by an adjoining sitting area. The upper level guest suite has skylights and impressive ocean views. A spacious beach front patio with pool and outside dining area is the ideal location for entertaining friends or a peaceful retreat for relaxing. Come barbecue by the pool and experience this beautiful lifestyle on one of Malibu's most prestigious beaches. $35,000/mo for winter and $100,000/mo for summer months.

Last Agent to Rent the Property

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 08/11/2014

Coldwell Banker Realty

Last Renter's Agent

Susan Monus

Coldwell Banker Realty License #00827409 Listed on: 08/11/2014

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $207,051

Year Built

  • Built in 1963

Lot Details

  • 8,792 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR16000*

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 3,829 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Bonus Room
  • White Water Ocean Views
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Clay
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $75,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4452-009-025

Community Details

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$207,051

Year Built

Built in 1963

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 75000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Leased until October 31, 2020. Located behind the exclusive gates of Malibu Colony sits a perfect Cape Cod gem. This charming beach front home is certain to capture your emotions. The casual yet elegant chabby chic dcor of this fully furnished five bedroom home provides for beach living at its best. Pamper yourself in the spacious master suite with two sitting areas, an office area, spectacular ocean views and a large master bath. Your family or guests can enjoy the privacy of separate bedrooms and baths connected by an adjoining sitting area. The upper level guest suite has skylights and impressive ocean views. A spacious beach front patio with pool and outside dining area is the ideal location for entertaining friends or a peaceful retreat for relaxing. Come barbecue by the pool and experience this beautiful lifestyle on one of Malibu's most prestigious beaches. $35,000/mo for winter and $100,000/mo for summer months.
  • Complex Name: Malibu Colony
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 3829
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1963
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Clay, Hardwood, Stone
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 9.14

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Ocean, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Heating: Central
  • Security: 24 Hour, Community, Gated, Owned
  • Sewer: Septic Tank

Association/Amenities

  • Amenities: Pool, Separate Maids Qtrs, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: #98

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4452-009-025
  • Geocode Override: No
  • Lot Size Area: 8792

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
R Downey Living Trust
Bought by
Family Humans Trust and Ibrahim
Current Estimated Value
$13,378,187

Purchase Details

Closed on
Oct 3, 2011
Sold by
Downey Roma and R Downey Living Trust
Bought by
Downey Roma and R Downey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2003
Sold by
Crate Thomas and R Downey Living Trust
Bought by
Downey Roma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Downey Roma
Bought by
Crate Thomas and R Downey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1999
Sold by
Basalt Holdings Inc
Bought by
Crate Thomas and R Downey Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.68%

Purchase Details

Closed on
Oct 10, 1997
Sold by
Denman Richard L
Bought by
Basalt Holdings Inc

Purchase Details

Closed on
May 7, 1997
Sold by
Denman Lori H
Bought by
Denman Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,788,750
Interest Rate
5.95%

Purchase Details

Closed on
May 2, 1997
Sold by
Grazer Rentals Inc
Bought by
Denman Richard L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,788,750
Interest Rate
5.95%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Grazer Brian and Grazer Deborah
Bought by
Grazer Rentals Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
8.9%
Mortgage Type
Seller Take Back
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
Family Humans Trust $18,000,000 Consumers Title Company
Downey Roma -- Stewart Title Of California
Downey Roma -- Chicago Title Insurance Co
Crate Thomas -- Chicago Title Insurance Co
Crate Thomas -- Lawyers Title Company
Basalt Holdings Inc -- --
Denman Richard L -- --
Denman Richard L -- Equity Title Company
Grazer Rentals Inc $2,800,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Downey Roma $560,000
Previous Owner Downey Roma $996,000
Previous Owner Crate Thomas $1,000,000
Previous Owner Crate Thomas $300,000
Previous Owner Crate Thomas $200,000
Previous Owner Crate Thomas $1,100,000
Previous Owner Crate Thomas $1,800,000
Previous Owner Denman Richard L $1,788,750
Previous Owner Grazer Rentals Inc $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Rented $45,000 +28.6% --
04/18/2016 04/18/16 Price Changed $35,000 0.0% $9 / Sq Ft
08/11/2014 08/11/14 For Rent $35,000 -- --
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 $207,051 $18,360,000 $14,688,000 $3,672,000
2024 $207,051 $18,000,000 $14,400,000 $3,600,000
2023 $65,106 $5,590,753 $4,431,920 $1,158,833
2022 $64,321 $5,481,131 $4,345,020 $1,136,111
2021 $62,852 $5,373,659 $4,259,824 $1,113,835
2020 $62,498 $5,318,559 $4,216,145 $1,102,414
2019 $61,634 $5,214,275 $4,133,476 $1,080,799
2018 $58,564 $5,112,035 $4,052,428 $1,059,607
2016 $56,460 $4,913,530 $3,895,068 $1,018,462
2015 $55,664 $4,839,725 $3,836,561 $1,003,164
2014 $54,848 $4,744,923 $3,761,409 $983,514
Source: Public Records

Agents Affiliated with this Home

  • Susan Monus

    Landlord's Agent in 2021

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    1 in this area

    31 Total Sales

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Map

Source: The MLS

MLS Number: 14-784519

The MLS

APN: 4452-009-025

California Los Angeles County Malibu 90265 Malibu Colony

23422 Malibu Colony Rd, Malibu, CA

This home is located at 23422 Malibu Colony Rd, Malibu, CA 90265 since 11 August 2014 and is currently priced at $13,378,187. This property was built in 1963. 23422 Malibu Colony Rd 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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