NOT LISTED FOR SALE

23901 Civic Center Way Unit E348 Malibu, CA 90265

Estimated Value: $780,000 - $873,000

2 Beds
1.5 Baths
891 Sq Ft
166,891 Sq Ft Lot

Last Sold November 27, 2024

Last sale price $845,000 $948 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,066/month

94 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Penthouse
  • Webster Elementary School Rated A
  • Gated with Attendant
  • Heated In Ground Pool

About This Home

As of November 2024

This is the most desirable Malibu ocean view from this complex and the only Penthouse Tower unit for sale in this entire complex. There are only six of them. This rare east facing unit has sunrise Santa Monica Bay views has not been on the market in over 30 years. Just bring your designer and Re-imagine this open floor-plan and make it your own. The penthouse has a loft style bedroom and bath upstairs with an office down the hall. At the entry level you will step into the living room with 19 foot ceilings and large sliding glass doors that open up to an ocean view balcony with coastline views. The open-flow entry level bedroom adjoins this space and can be closed off by adding doors. The current floor plan lends itself to different configurations that have been realized in other units over the years. The complex is conveniently close to Pepperdine University and is within minutes from all central Malibu shopping and the beach. The tennis court, pool and gym also have ocean views. For extra convenience, this unit has 2 side by side designated parking spaces in the ocean breeze ventilated carport style garage. From there, access is via the elevator directly to the penthouse entry floor. Additional guest parking is also provided. Please note that floor-plans are only for reference and buyers needs to verify such information with a trades person for exact measurements.

Last Agent to Sell the Property

Melanie Berlind

Sotheby's International Realty License #00954569 Listed on: 06/27/2024

Last Buyer's Agent

Melanie Berlind

Sotheby's International Realty License #00954569 Listed on: 06/27/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $970 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Home Design

  • Penthouse
  • Contemporary Architecture
  • Split Level Home
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 891 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Den

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Parking

  • 2 Covered Spaces
  • Assigned Parking
  • Controlled Entrance

Outdoor Features

  • Heated In Ground Pool

Utilities

  • Baseboard Heating
  • Property is located within a water district
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4458-021-090

Community Details

Overview

  • Association fees include trash, water
  • 104 Units

Amenities

  • Laundry Facilities
  • Elevator
  • Community Mailbox

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

3.83 Acres

HOA Fees

$970 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Malibu Canyon Village
  • Entry Floor: 3
  • Entry Location: Living Room
  • Living Area: 891
  • Lot Acreage: 3.8313
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1972
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Terrazzo
  • Appliances: Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Corian Counters, Tile Counters
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Garbage Disposal, Ceiling Fan, Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 998.88
  • Windows: Mini Blinds, Double Pane Windows

Exterior Features

  • Balcony: yes
  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Exposure: East
  • Pool Description: Association Pool, Heated And Filtered
  • Pool: Yes
  • Roof: Asphalt, Flat
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Heating: Baseboard, Electric
  • Security: Gated, Gated Community with Guard
  • Sewer: Septic Tank
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Gated Community, Elevator, Exercise Room, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water
  • HOA Fees: 969.70
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-021-090
  • Lot Size Area: 166891

Multi Family

  • Number Of Units: 104

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Oct 25, 2024
Sold by
Edward Mitchell Trust and Mitchell Edward
Bought by
Chris And Marla Cusack Revocable Trust and Cusack
Seller's Agent
Melanie Berlind
Sotheby's International Realty
Buyer's Agent
Melanie Berlind
Sotheby's International Realty
List Price
$938,000
Sold Price
$845,000
Premium/Discount to List
-$93,000
-9.91%
Views
55
Current Estimated Value
$832,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,558
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Mitchell Edward
Bought by
Mitchell Edward and Edward Mitchell Trust

Purchase Details

Closed on
Mar 16, 2010
Sold by
Mitchell Stanley
Bought by
Mitchell Edward

Purchase Details

Closed on
Oct 21, 2009
Sold by
Mitchell Judith
Bought by
Mitchell Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2002
Sold by
Mitchell Stanley R
Bought by
Mitchell Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.6%

Purchase Details

Closed on
Mar 20, 1996
Sold by
Mitchell Stanley R
Bought by
Mitchell Stanley R and Mitchell Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.34%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Chris And Marla Cusack Revocable Trust $845,000 Fidelity National Title
Mitchell Edward -- None Available
Mitchell Edward -- None Available
Mitchell Stanley -- None Available
Mitchell Edward -- None Available
Mitchell Edward -- Fidelity National Title Co
Mitchell Stanley R -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Edward $376,500
Previous Owner Mitchell Edward $147,000
Previous Owner Mitchell Stanley R $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $845,000 -5.1% $948 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $890,000 -2.0% $999 / Sq Ft
08/01/2024 08/01/24 Price Changed $908,000 -3.2% $1,019 / Sq Ft
06/27/2024 06/27/24 For Sale $938,000 -- $1,053 / Sq Ft
Source: The MLS

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 $8,611 $845,000 $591,500 $253,500
2024 $8,611 $495,995 $333,675 $162,320
2023 $7,998 $486,271 $327,133 $159,138
2022 $8,406 $476,737 $320,719 $156,018
2021 $8,243 $467,390 $314,431 $152,959
2019 $8,116 $453,528 $305,105 $148,423
2018 $7,913 $444,636 $299,123 $145,513
2016 $7,696 $427,371 $287,508 $139,863
2015 $7,841 $420,953 $283,190 $137,763
2014 $7,776 $412,708 $277,643 $135,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-409261

The MLS

APN: 4458-021-090

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