NOT LISTED FOR SALE

23952 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $7,923,000 - $13,829,691

3 Beds
3 Baths
2,612 Sq Ft
$3,681/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $6,700,000 $2,565 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $59,332/month

41 Days on Market

Highlights

  • Ocean View
  • Fiberglass Spa
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of June 2019

Legendary Malibu Colony Beach, located directly in front of Colony Point break, a premier locals wave for surfing and/or viewing pleasure. Close to Malibu's finest shops and restaurants. Ocean front living room and master bedroom each with fireplace, comfy second floor den, loft/third bedroom and rooftop lounge with 360-degree views with spa.

Last Agent to Sell the Property

Barry Kinyon

Compass License #01097786 Listed on: 05/17/2019

Compass

Last Buyer's Agent

Tracy Lynn Testin

Sotheby's International Realty License #01212506

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,294

Year Built

  • Built in 1987

Lot Details

  • 5,044 Sq Ft Lot
  • Property is zoned LCR16000*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,612 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Ocean Views
  • Laundry closet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • Attached Garage
  • Driveway

Additional Features

  • Fiberglass Spa
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-008-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,294

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2612
  • Stories: 3
  • Year Built: 1987
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 3060.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Fiberglass
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Driveway, Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-008-002
  • Geocode Override: No
  • Lot Size Area: 5044

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 19, 2019
Sold by
Gilliland Geraldine M and Geraldine Gilliland Trust
Bought by
Fox Llc
Seller's Agent
Barry Kinyon
Compass
Buyer's Agent
Tracy Lynn Testin
Sotheby's International Realty
List Price
$7,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$1,295,000
-16.2%
Current Estimated Value
$9,615,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,915,423
Avg. Annual Appreciation
4.91%

Purchase Details

Listed on
Sep 12, 2014
Closed on
Jan 1, 2015
Sold by
Gilliland Geraldine
Bought by
Gilliland Geraldine M and The Lonswaygilliland Family Trust Of 199
Seller's Agent
Barry Kinyon
Compass
Buyer's Agent
Jennifer Tucker
Compass
Sold Price
$18,000

Purchase Details

Listed on
Jun 16, 2010
Closed on
Mar 6, 2012
Sold by
Feldman Mark Lewis and Feldman Marcie Beth
Bought by
Gilliland Geraldine and Geraldine Gilland Trust
Seller's Agent
Tracy Lynn Testin
Sotheby's International Realty
Buyer's Agent
Barry Kinyon
Compass
List Price
$7,500,000
Sold Price
$4,420,000
Premium/Discount to List
-$3,080,000
-41.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Apr 22, 2003
Sold by
Koff Howard M and Koff Marcia K
Bought by
Feldman Mark Lewis
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 Buyer Sale Price Title Company
Fox Llc $6,700,000 Chicago Title Co Los Angeles
Gilliland Geraldine M -- None Available
Gilliland Geraldine $4,420,000 Usa National Title Company
Feldman Mark Lewis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Llc $4,000,000
Previous Owner Gilliland Geraldine $2,000,000
Previous Owner Feldman Mark Lewis $4,000,000
Previous Owner Feldman Mark Lewis $3,900,000
Previous Owner Koff Howard M $1,094,700
Previous Owner Koff Howard M $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $6,700,000 -16.2% $2,565 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $7,995,000 0.0% $3,061 / Sq Ft
02/02/2018 02/02/18 Rented $19,000 0.0% --
08/22/2017 08/22/17 For Rent $19,000 0.0% --
09/13/2016 09/13/16 Rented $19,000 0.0% --
05/18/2016 05/18/16 Price Changed $19,000 -5.0% $7 / Sq Ft
12/16/2015 12/16/15 For Rent $20,000 +11.1% --
02/22/2015 02/22/15 Rented $18,000 -10.0% --
02/22/2015 02/22/15 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $20,000 -60.0% --
06/26/2013 06/26/13 Rented $50,000 0.0% --
06/26/2013 06/26/13 Under Contract -- -- --
05/15/2012 05/15/12 Rented $50,000 0.0% --
05/15/2012 05/15/12 Under Contract -- -- --
05/15/2012 05/15/12 For Rent $50,000 0.0% --
03/30/2012 03/30/12 For Rent $50,000 0.0% --
03/27/2012 03/27/12 Sold $4,420,000 -8.9% $1,692 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
09/12/2011 09/12/11 Price Changed $4,850,000 -7.6% $1,857 / Sq Ft
07/20/2011 07/20/11 Price Changed $5,250,000 -8.7% $2,010 / Sq Ft
05/16/2011 05/16/11 Price Changed $5,750,000 -11.5% $2,201 / Sq Ft
03/08/2011 03/08/11 Price Changed $6,495,000 -7.1% $2,487 / Sq Ft
11/16/2010 11/16/10 Price Changed $6,995,000 -6.7% $2,678 / Sq Ft
06/16/2010 06/16/10 For Sale $7,500,000 -- $2,871 / 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 $83,294 $7,327,424 $5,861,941 $1,465,483
2024 $83,294 $7,183,750 $5,747,001 $1,436,749
2023 $81,706 $7,042,893 $5,634,315 $1,408,578
2022 $80,753 $6,904,798 $5,523,839 $1,380,959
2021 $78,899 $6,769,411 $5,415,529 $1,353,882
2019 $18,442 $4,976,849 $3,981,480 $995,369
2018 $55,929 $4,879,264 $3,903,412 $975,852
2016 $53,936 $4,689,798 $3,751,839 $937,959
2015 $53,214 $4,619,353 $3,695,483 $923,870
2014 $52,396 $4,528,867 $3,623,094 $905,773
Source: Public Records

Agents Affiliated with this Home

  • Barry Kinyon

    Seller's Agent in 2019

    Barry Kinyon

    Compass

    (310) 251-9254

    24 Total Sales

    Barry Kinyon
    Section Image
  • Tracy Lynn Testin

    Buyer's Agent in 2019

    Tracy Lynn Testin

    Sotheby's International Realty

    (310) 940-5578

    11 Total Sales

    Tracy Lynn Testin
    Section Image

  • A

    Buyer's Agent in 2016

    Andrew E. Mcdonald

    Pacific Sotheby's Int'l Realty

    Section Image
  • Jennifer Tucker

    Buyer's Agent in 2015

    Jennifer Tucker

    Compass

    (310) 702-3198

    15 Total Sales

    Jennifer Tucker
    Section Image
  • Michael Novotny

    Buyer's Agent in 2012

    Michael Novotny

    Sotheby's International Realty

    (310) 924-9317

    1 in this area

    1 Total Sale

    Michael Novotny
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-467694

The MLS

APN: 4458-008-002

California Los Angeles County Malibu 90265 Malibu Road

23952 Malibu Rd, Malibu, CA

This home is located at 23952 Malibu Rd, Malibu, CA 90265 since 17 May 2019 and is currently estimated at $9,615,423, approximately $3,681 per square foot. This property was built in 1987. 23952 Malibu Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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