NOT LISTED FOR SALE

23746 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $2,474,000 - $20,231,936

4 Beds
4.5 Baths
2,167 Sq Ft
$5,239/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2018

Last sale price $17,500,000 $8,076 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $82,706 / mo

361 Days on Market

Highlights

  • White Water Ocean Views
  • Guest House
  • Living Room with Fireplace
  • Webster Elementary School Rated A
  • Heated In Ground Pool
  • Wood Flooring

About This Home

As of November 2018

The address at 23746 Malibu Road was once 21 Malibu Colony. In 1926 May Rindge relinquished part of her private coastline. Some allowed to lease and later buy these bits of beachfront came from Hollywood. 21 Malibu Colony is one of the last structures on its original beach house footprint. For decades local legend has maintained 21 Malibu Colony was originally leased and owned by Constance Bennett and that Mario Puzo wrote "The Godfather" in the teahouse. These legends were encouraged by the magic that is 21 Malibu Colony. Re-imagined by Howard and Angelica Flagg, this 4-bed 5-bath property honors its heritage giving visitors beauty, craftsmanship, privacy and grace. The understated simplicity epitomizes serenity, space, location and livability. From the beachfront deck, through the teahouse to the patio into the main house then to generous open space and a private guesthouse, this property easily entertains while simultaneously scaling life to one on one, you and the ocean.

Last Agent to Sell the Property

Shirley Sherman

Douglas Elliman License #01316456 Listed on: 10/01/2017

Douglas Elliman

Co-Listed By

Brittany Sherman

Douglas Elliman of California, Inc. License #01940324

Last Buyer's Agent

Susan Monus

Coldwell Banker Realty License #00827409

Coldwell Banker Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 11,741 Sq Ft Lot
  • Property is zoned LCR16000*

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • White Water Ocean Views
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Additional Homes

  • Guest House

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-006-032

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Spa Yn: No
  • View: Ocean, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-006-032
  • Geocode Override: No
  • Lot Size Area: 11741

Multi Family

  • Number Of Units: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2017
Closed on
Oct 26, 2018
Sold by
23746 Malibu Road Llc
Bought by
Seller's Agent
Shirley Sherman
Douglas Elliman
Buyer's Agent
Susan Monus
Coldwell Banker Realty
List Price
$20,000,000
Sold Price
$17,500,000
Premium/Discount to List
-$2,500,000
-12.5%
Current Estimated Value
$11,352,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,147,032
Avg. Annual Appreciation
-5.35%
Original Mortgage
$14,875
Outstanding Balance
$8,543
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$11,344,425

Purchase Details

Closed on
Jun 22, 2012
Sold by
Flagg Angelica Garcia and The Flagg 1993 Revocable Inter
Bought by
The 23746 Malibu Road Llc

Purchase Details

Closed on
Dec 13, 1997
Sold by
Family Trust Miller Robert And Pola Trs Mille
Bought by
Flagg Howard
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Malibu Road, CA

  • Megan Husri Real Estate Agent - Keller Williams Studio City

    Megan Husri

    Responds Quickly

    Keller Williams Studio City

    (747) 279-3321

    88 Total Sales

    1 in Malibu Road

    $16,550,000 Price

    Megan Husri
     Section Image
  • Marcus Beck Real Estate Agent - Sotheby's International Realty

    Marcus Beck

    Responds Quickly

    Sotheby's International Realty

    (424) 425-3768

    26 Total Sales

    1 in Malibu Road

    $15,520,000 Price

    Marcus Beck
     Section Image
  • Jason Oppenheim Real Estate Agent - The Oppenheim Group, Inc.

    Jason Oppenheim

    Responds Quickly

    The Oppenheim Group, Inc.

    (424) 419-2150

    148 Total Sales

    1 in Malibu Road

    $21,000,000 Price

    Jason Oppenheim
     Section Image
  • Kurt Rappaport Real Estate Agent - Westside Estate Agency Inc.

    Kurt Rappaport

    Responds Quickly

    Westside Estate Agency Inc.

    (424) 732-7988

    95 Total Sales

    2 in Malibu Road

    $22.5M - $26.8M Price Range

    Kurt Rappaport
     Section Image
  • Cooper Mount Real Estate Agent - Carolwood Estates

    Cooper Mount

    Responds Quickly

    Carolwood Estates

    (424) 405-4938

    52 Total Sales

    3 in Malibu Road

    $16.6M - $22.5M Price Range

    Cooper Mount
     Section Image
  • Jean-Baptiste Rugiero Real Estate Agent - The Agency

    Jean-Baptiste Rugiero

    The Agency

    (424) 577-4963

    20 Total Sales

    1 in Malibu Road

    $21,000,000 Price

    Jean-Baptiste Rugiero
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$17,500,000 Lawyers Title
The 23746 Malibu Road Llc -- None Available
Flagg Howard -- Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $14,875
Previous Owner Flagg Angelica Garcia $1,313,500
Previous Owner Flagg Howard $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $17,500,000 -5.4% $8,076 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $18,500,000 -7.5% $8,537 / Sq Ft
10/01/2017 10/01/17 For Sale $20,000,000 -- $9,229 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $237,170 $19,912,010 $18,774,183 $1,137,827
2025 $237,170 $19,521,579 $18,406,062 $1,115,517
2024 $220,006 $19,138,804 $18,045,159 $1,093,645
2023 $215,965 $18,763,534 $17,691,333 $1,072,201
2022 $213,476 $18,395,623 $17,344,445 $1,051,178
2021 $208,616 $18,034,925 $17,004,358 $1,030,567
2019 $204,592 $17,500,000 $16,500,000 $1,000,000
2018 $48,392 $4,210,058 $3,789,059 $420,999
2016 $46,670 $4,046,578 $3,641,926 $404,652
2015 $46,045 $3,985,795 $3,587,221 $398,574
2014 $45,345 $3,907,720 $3,516,953 $390,767
Source: Public Records

Agents Affiliated with this Home

  • Shirley Sherman Real Estate Agent - Douglas Elliman

    Seller's Agent in 2018

    Shirley Sherman

    Douglas Elliman

    (310) 849-8834

    10 Total Sales

    Shirley Sherman
    Section Image

  • BS

    Seller Co-Listing Agent in 2018

    Brittany Sherman

    Douglas Elliman of California, Inc.

    (310) 804-5992

    7 Total Sales

    Brittany Sherman
    Section Image
  • Susan Monus Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2018

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    2 in this area

    24 Total Sales

    Susan Monus
    Section Image

  • LS

    Seller Co-Listing Agent in 2015

    Lloyd Sherman

    Douglas Elliman

  • KD

    Buyer's Agent in 2015

    Kathleen Doyle

    Kathy Doyle Estates

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Map

Source: The MLS

MLS Number: 17-275796

The MLS

APN: 4458-006-032

California Los Angeles County Malibu 90265 Malibu Road

23746 Malibu Rd, Malibu, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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