NOT LISTED FOR SALE

24134 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $6,454,000 - $9,032,096

3 Beds
4 Baths
2,400 Sq Ft
$3,375/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2025

Last sale price $8,000,000 $3,333 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $49,037 / mo

43 Days on Market

Highlights

  • White Water Ocean Views
  • Contemporary Architecture
  • Engineered Wood Flooring
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Furnished

About This Home

As of March 2025

This well-designed impeccably maintained architectural beach house has all the comforts and style you want in your dream Malibu Road beach home, along with south facing views of the ocean, beach, bay, Malibu Colony, Palos Verdes and Catalina. Clad in white brick with Mahogany wood (same as Nobu) 22' plank garage doors and a unique Ipanema black and white marble mosaic driveway, this home exudes style. Soaring 36' Cathedral ceilings, white oak engineered wide plank floors with glass railings inside and out around all decks. Folding floor-to-ceiling glass doors allow maximum ocean views. There are open living and dining areas and a beautiful galley kitchen with atrium garden window, a wet bar and powder room. The primary loft suite has a seating area and a private oceanside balcony. Charming third floor "eagles' nest" bedroom suite with powder room and stunning ocean views. Upper and lower decks with a built-in BBQ, sink and fridge and huge storage room for your beach toys, paddle and surfboards, etc. There is a well fitted-out two-car garage and gate-secured side paths on both sides of home. This home is situated in a well-protected position on a rock promontory above the ocean.

Last Agent to Sell the Property

Gayle Pritchett-Macleod

Sotheby's International Realty License #00585628 Listed on: 01/23/2025

Co-Listed By

Barrie Livingstone

Sotheby's International Realty License #01924599

Last Buyer's Agent

Ani Dermenjian

Douglas Elliman License #01185123

Douglas Elliman

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 4,220 Sq Ft Lot
  • Lot Dimensions are 42x125
  • Property is zoned LCR1YY

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Engineered Wood Flooring
  • Alarm System

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-010-008

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

4,220 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 2400
  • Lot Acreage: 0.0969
  • Lot Dimensions: 42x125
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Ceiling Fan, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3697.92

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-010-008
  • Lot Size Area: 4220

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2025
Closed on
Feb 24, 2025
Sold by
24134 Malibu Llc and 24134 Malibu Road Llc
Bought by
Global Agora Properties Llc
Seller's Agent
Gayle Pritchett-Macleod
Sotheby's International Realty
Buyer's Agent
Ani Dermenjian
Douglas Elliman
List Price
$8,875,000
Sold Price
$8,000,000
Premium/Discount to List
-$875,000
-9.86%
Views
95
Current Estimated Value
$8,099,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,274
Avg. Annual Appreciation
1.15%

Purchase Details

Listed on
Feb 6, 2020
Closed on
Feb 3, 2020
Sold by
Cordner Isabella Baltar
Bought by
Cordner Joseph P
Seller's Agent
Tracey Hennessey
Compass
Buyer's Agent
Barrie Livingstone
Sotheby's International Realty
List Price
$5,975,000
Sold Price
$5,875,000
Premium/Discount to List
-$100,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Listed on
Feb 6, 2020
Closed on
Jan 24, 2020
Sold by
Cordner Joseph P
Bought by
24134 Malibu Llc
Seller's Agent
Tracey Hennessey
Compass
Buyer's Agent
Barrie Livingstone
Sotheby's International Realty
List Price
$5,975,000
Sold Price
$5,875,000
Premium/Discount to List
-$100,000
-1.67%

Purchase Details

Listed on
Dec 12, 2012
Closed on
Feb 8, 2013
Sold by
Cordner Joseph P
Bought by
Cordner Joseph P
Seller's Agent
Joe Wagner
Coldwell Banker Realty
Buyer's Agent
Paul Randall
Coldwell Banker Realty
List Price
$4,980,000
Sold Price
$4,700,000
Premium/Discount to List
-$280,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%
Original Mortgage
$2,870,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2012
Closed on
Jan 15, 2013
Sold by
Wagner Joe and Griffin Anthony M
Bought by
Cordner Joseph P
Seller's Agent
Joe Wagner
Coldwell Banker Realty
Buyer's Agent
Paul Randall
Coldwell Banker Realty
List Price
$4,980,000
Sold Price
$4,700,000
Premium/Discount to List
-$280,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,870,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2010
Sold by
The James & Frances Kersbergen Trust
Bought by
Wagner Joe and Griffin Anthony M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Interest Rate
4.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 2007
Sold by
Kersbergen Frances
Bought by
Kersbergen Frances and The James & Frances Kersbergen Inter Viv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Global Agora Properties Llc $8,000,000 Equity Title Company
Cordner Joseph P -- Lawyers Title
24134 Malibu Llc $5,875,000 Lawyers Title
Cordner Joseph P -- None Available
Cordner Joseph P $4,700,000 Equity Title Los Angeles
Wagner Joe $4,750,000 Chicago Title Co 72
Kersbergen Frances -- Gateway Title
Kersbergen Frances -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordner Joseph P $2,870,000
Previous Owner Wagner Joe $3,750,000
Previous Owner Kersbergen Frances $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $8,000,000 -9.9% $3,333 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
01/23/2025 01/23/25 For Sale $8,875,000 +51.1% $3,698 / Sq Ft
02/07/2020 02/07/20 Sold $5,875,000 -1.7% $2,448 / Sq Ft View Prior Sale
02/06/2020 02/06/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $5,975,000 +27.1% $2,490 / Sq Ft
01/18/2013 01/18/13 Sold $4,700,000 -5.6% $2,247 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $4,980,000 -- $2,380 / 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 $73,146 $6,425,166 $5,140,134 $1,285,032
2024 $73,146 $6,299,184 $5,039,348 $1,259,836
2023 $71,739 $6,175,672 $4,940,538 $1,235,134
2022 $70,898 $6,054,581 $4,843,665 $1,210,916
2021 $69,273 $5,935,865 $4,748,692 $1,187,173
2020 $62,144 $5,292,122 $4,233,700 $1,058,422
2019 $61,285 $5,188,356 $4,150,687 $1,037,669
2018 $58,238 $5,086,624 $4,069,301 $1,017,323
2016 $56,092 $4,889,106 $3,911,286 $977,820
2015 $55,317 $4,815,668 $3,852,535 $963,133
2014 $54,486 $4,721,337 $3,777,070 $944,267
Source: Public Records

Agents Affiliated with this Home

  • Gayle Pritchett-Macleod

    Seller's Agent in 2025

    Gayle Pritchett-Macleod

    Sotheby's International Realty

    (310) 748-1580

    3 in this area

    30 Total Sales

    Gayle Pritchett-Macleod
    Section Image

  • B

    Seller Co-Listing Agent in 2025

    Barrie Livingstone

    Sotheby's International Realty

    Section Image
  • Ani Dermenjian

    Buyer's Agent in 2025

    Ani Dermenjian

    Douglas Elliman

    (310) 317-9382

    1 in this area

    16 Total Sales

    Ani Dermenjian
    Section Image
  • Tracey Hennessey

    Seller's Agent in 2020

    Tracey Hennessey

    Compass

    (310) 779-6375

    20 Total Sales

    Tracey Hennessey
    Section Image

  • J

    Seller's Agent in 2013

    Joe Wagner

    Coldwell Banker Realty

  • P

    Buyer's Agent in 2013

    Paul Randall

    Coldwell Banker Realty

See All Agents

Map

Source: The MLS

MLS Number: 25-488477

The MLS

APN: 4458-010-008

California Los Angeles County Malibu 90265 Malibu Road

24134 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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