$18,625,000
SOLD SEP 30, 2025
3 Beds
4 Baths
2,258 Sq Ft
0.27 Acres

Recently Sold

$8,248 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • White Water Ocean Views
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Webster Elementary School Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of September 2025

This home is located at 23834 Malibu Rd, Malibu, CA 90265 and is currently priced at $18,625,000, approximately $8,248 per square foot. This property was built in 1956. 23834 Malibu Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Last Agent to Sell the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 09/29/2025

The Agency

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Buyer's Agent

Shen Schulz

Sotheby's International Realty License #01327630

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,002

Year Built

  • Built in 1956

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 32x402
  • Property is zoned LCR16000*

Property Views

  • White Water Ocean
  • Catalina

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,258 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Parking Spaces
  • Converted Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-007-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,002

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2258
  • Lot Acreage: 0.2661
  • Lot Dimensions: 32x402
  • Probate: No
  • Stories: 2
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room, Primary Bedroom
  • Flooring: Hardwood, Carpet
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Refrigerator, Range/Oven, Garbage Disposal, Freezer
  • Price Per S Q F T: 8857.40

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: White Water, Ocean, Catalina
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-007-023
  • Lot Size Area: 11592

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2025
Closed on
Sep 16, 2025
Sold by
Alan L Specht Living Trust and Specht Margery L
Bought by
Robin Aaron and Robin Mirriam
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Shen Schulz
Sotheby's International Realty
List Price
$20,000,000
Sold Price
$18,625,000
Premium/Discount to List
-$1,375,000
-6.88%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$13,037,500
Outstanding Balance
$13,021,835
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
-$7,540,119

Purchase Details

Closed on
Mar 17, 2008
Sold by
Specht Alan L
Bought by
Specht Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
4.88%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Dec 9, 2005
Sold by
Specht Alan L
Bought by
Specht Alan L and The Alan L Specht Living Trust

Purchase Details

Closed on
Jan 14, 2005
Sold by
Specht Margery
Bought by
Specht Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
4.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 19, 2002
Sold by
Specht Alan L
Bought by
Specht Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.55%

Purchase Details

Closed on
Mar 12, 2002
Sold by
Specht Alan L
Bought by
Specht Alan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.55%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Specht Alan L
Bought by
Specht Alan L and Alan L Specht 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
$541,000
Interest Rate
2.9%

Purchase Details

Closed on
May 29, 1998
Sold by
Specht Alan L
Bought by
Specht Alan L and The Alan L Specht Living 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 Type Sale Price Title Company
Grant Deed $18,625,000 First American Title Company
Interfamily Deed Transfer -- Lenders Choice Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Title Ins Co
Interfamily Deed Transfer -- American Title Ins Co
Interfamily Deed Transfer -- American Title Co
Interfamily Deed Transfer -- American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $13,037,500 New Conventional
Previous Owner $7,000,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $615,000 Negative Amortization
Previous Owner $585,000 No Value Available
Previous Owner $541,000 No Value Available
Closed $250,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $18,625,000 -6.9% $8,248 / Sq Ft
09/30/2025 09/30/25 Pending -- -- --
09/29/2025 09/29/25 For Sale $20,000,000 0.0% $8,857 / Sq Ft
07/03/2024 07/03/24 Rented $75,000 0.0% --
05/15/2024 05/15/24 Price Changed $75,000 -16.7% $30 / Sq Ft
01/10/2024 01/10/24 For Rent $90,000 0.0% --
04/07/2021 04/07/21 Rented $90,000 -14.3% --
02/26/2021 02/26/21 Price Changed $105,000 +10.5% $42 / Sq Ft
01/14/2021 01/14/21 For Rent $95,000 +11.8% --
03/23/2020 03/23/20 Rented $85,000 -5.6% --
02/28/2020 02/28/20 For Rent $90,000 +5.9% --
06/29/2017 06/29/17 Rented $85,000 0.0% --
01/23/2017 01/23/17 For Rent $85,000 +6.3% --
06/28/2016 06/28/16 Rented $80,000 0.0% --
01/11/2016 01/11/16 For Rent $80,000 +6.7% --
05/06/2015 05/06/15 Rented $75,000 -6.3% --
05/06/2015 05/06/15 Under Contract -- -- --
11/25/2014 11/25/14 For Rent $80,000 +6.7% --
02/27/2014 02/27/14 Rented $75,000 0.0% --
02/27/2014 02/27/14 Under Contract -- -- --
02/10/2014 02/10/14 For Rent $75,000 +8.7% --
05/08/2013 05/08/13 Rented $69,000 -8.0% --
05/08/2013 05/08/13 Under Contract -- -- --
05/16/2012 05/16/12 For Rent $75,000 -- --
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 $25,002 $2,132,836 $1,492,995 $639,841
2024 $25,002 $2,091,017 $1,463,721 $627,296
2023 $24,458 $2,050,018 $1,435,021 $614,997
2022 $24,112 $2,009,823 $1,406,884 $602,939
2021 $23,591 $1,970,416 $1,379,299 $591,117
2019 $23,129 $1,911,974 $1,338,389 $573,585
2018 $21,974 $1,874,486 $1,312,147 $562,339
2016 $21,172 $1,801,699 $1,261,196 $540,503
2015 $20,833 $1,774,637 $1,242,252 $532,385
2014 $20,209 $1,739,875 $1,217,918 $521,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25599265

The MLS

APN: 4458-007-023