NOT LISTED FOR SALE

24116 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,596,000 - $13,786,632

4 Beds
4.5 Baths
2,911 Sq Ft
$2,915/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2012

Last sale price $4,700,000 $1,615 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $52,295 / mo

570 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Breakfast Bar
  • Webster Elementary School Rated A
  • Built-In Features
  • Open Patio

About This Home

As of May 2012

Great beach house at great new price on the very desirable Malibu Road. With expansive decks this is a wonderful home for entertaining and enjoying the beach lifestyle. Centrally located with easy access to shopping and restaurants. Residence consists of 3 levels, with a master bedroom with his and her bathrooms. Upper level functions as a great room with two additional bedrooms and baths and a large oceanfront deck with additional viewing deck. Lower level consists of the living room, dining room and kitchen. The back stairway leading to the 3rd level bedrooms and family room allow for use as a guest suite with separate entrance. Bring your clients looking for a great opportunity to get into a beach house at a great price.

Last Agent to Sell the Property

Tracy Lynn Testin

Sotheby's International Realty License #01212506 Listed on: 10/15/2010

Co-Listed By

Marcus Beck

Sotheby's International Realty License #00971376

Last Buyer's Agent

Jonathan Steindorff

4 Malibu Real Estate License #01884934

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 5,288 Sq Ft Lot
  • Ocean Front
  • Property is zoned LCR1*

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,911 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Center Hall
  • White Water Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 4.5 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Outdoor Features

  • Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4458-010-018

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

5,288 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2911
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Stone
  • Bedrooms: 4
  • Fireplaces: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 4.50
  • Equipment: Built-Ins, Cable, Dishwasher, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1700.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa: Private
  • View: Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4458-010-018
  • Lot Size Area: 5288

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

Closed on
Apr 6, 2017
Sold by
Bought by
Current Estimated Value
$8,484,658

Purchase Details

Listed on
Oct 15, 2010
Closed on
May 24, 2012
Sold by
Bought by
Seller's Agent
Tracy Lynn Testin
Sotheby's International Realty
Buyer's Agent
Jonathan Steindorff
4 Malibu Real Estate
List Price
$5,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$1,295,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Sep 30, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,655,500
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,655,500
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,655,500
Interest Rate
0.0587%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
$4,700,000 Fidelity National Title Co
-- --
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- --
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
Previous Owner $1,650,000
Previous Owner $1,641,000
Previous Owner $1,655,500
Previous Owner $1,655,500
Previous Owner $1,655,500
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
05/30/2012 05/30/12 Sold $4,700,000 -5.1% $1,615 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
05/01/2012 05/01/12 Price Changed $4,950,000 -5.7% $1,700 / Sq Ft
03/14/2012 03/14/12 Price Changed $5,250,000 -4.5% $1,804 / Sq Ft
08/17/2011 08/17/11 Price Changed $5,495,000 -8.3% $1,888 / Sq Ft
10/15/2010 10/15/10 For Sale $5,995,000 -- $2,059 / 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
2025 $72,767 $5,903,456 $5,024,224 $879,232
2024 $67,361 $5,787,703 $4,925,710 $861,993
2023 $66,059 $5,674,220 $4,829,128 $845,092
2022 $65,281 $5,562,962 $4,734,440 $828,522
2021 $63,781 $5,453,885 $4,641,608 $812,277
2019 $62,547 $5,292,123 $4,503,937 $788,186
2018 $59,433 $5,188,357 $4,415,625 $772,732
2016 $57,314 $4,986,889 $4,244,162 $742,727
2015 $56,523 $4,911,982 $4,180,411 $731,571
2014 $55,676 $4,815,764 $4,098,523 $717,241
Source: Public Records

Agents Affiliated with this Home

  • Tracy Lynn Testin

    Seller's Agent in 2012

    Tracy Lynn Testin

    Sotheby's International Realty

    (310) 940-5578

    9 Total Sales

    Tracy Lynn Testin
    Section Image
  • Marcus Beck

    Seller Co-Listing Agent in 2012

    Marcus Beck

    Sotheby's International Realty

    (310) 456-9405

    1 in this area

    26 Total Sales

    Marcus Beck
    Section Image

  • J

    Buyer's Agent in 2012

    Jonathan Steindorff

    4 Malibu Real Estate

See All Agents

Map

Source: The MLS

MLS Number: 10-485511

The MLS

APN: 4458-010-018

California Los Angeles County Malibu 90265 Malibu Road

24116 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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