$4,671,769 - $7,695,000
RENTED JAN 20, 2025

24172 Malibu Rd Unit MidSection Malibu, CA 90265

Malibu Road Neighborhood
2 Beds
2 Baths
-- Sq Ft
6,599 Sq Ft Lot

Highlights

  • Beach Front
  • Ocean View
  • Fireplace in Primary Bedroom
  • Webster Elementary School Rated A
  • Spa
  • Deck

About This Home

As of January 2025

This stunning 2-bedroom, 2-bath home is nestled in a Malibu Road triplex, promising a tranquil coastal lifestyle. Recently revamped, the house features high ceilings in the main living space and gorgeous hardwood floors. The modern kitchen comes equipped with new appliances, making meal prep a breeze. The roomy living area and main bedroom both open to a spacious beachfront deck, offering breathtaking ocean views. On the lower beach level, a large patio provides a peaceful spot to enjoy the surroundings. With stylish touches and upscale features, this property is a real standout in beachfront living, epitomizing coastal sophistication. Property is presently unfurnished.

Last Agent to Rent the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 04/02/2024

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Renter's Agent

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 04/02/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,377

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Beach Front
  • South Facing Home
  • Gated Home

Property Views

  • Ocean
  • Catalina

Home Design

  • Contemporary Architecture

Interior Spaces

  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Range with Range Hood
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway

Outdoor Features

  • Spa
  • Balcony
  • Deck

Location

  • Ground Level Unit

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Security Deposit $23,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4458-010-001

Community Details

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$28,377

Year Built

Built in 1980 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 23000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Lot Acreage: 0.1515
  • Property Condition: Updated/Remodeled
  • Year Built: 1980
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Wood, Mixed
  • Appliances: Oven, Range, Range Hood
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes

Exterior Features

  • Direction Faces: South
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Spa: Community
  • Spa Yn: Yes
  • View: Catalina, Water, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Sewer: Septic Tank

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-010-001
  • Lot Location: Beach Front, Water Front, Ocean Front
  • Lot Size Area: 6601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2003
Sold by
Forrester James S and Bick Barbara A
Bought by
Forrester Md James S
Current Estimated Value
$5,917,192

Purchase Details

Closed on
Apr 21, 2003
Sold by
Forrester Brent
Bought by
Forrester James S

Purchase Details

Closed on
Sep 5, 2001
Sold by
Bick Md Barbara A and Forrester Md James S
Bought by
Forrester Md James S

Purchase Details

Closed on
Jun 2, 1998
Sold by
Gitnick Gary L and Gitnick Cherna L
Bought by
Bick Md Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.87%
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
Forrester Md James S -- First American Title Co
Forrester James S $1,050,000 --
Forrester Md James S -- --
Bick Md Barbara A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bick Md Barbara A $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2025 01/20/25 Rented $11,500 0.0% --
01/15/2025 01/15/25 Under Contract -- -- --
10/01/2024 10/01/24 Price Changed $11,500 -14.8% --
07/19/2024 07/19/24 Price Changed $13,500 -10.0% --
04/02/2024 04/02/24 For Rent $15,000 -9.1% --
07/17/2023 07/17/23 Rented $16,500 +10.0% --
06/27/2023 06/27/23 For Rent $15,000 -- --
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 $28,377 $2,429,956 $1,724,491 $705,465
2024 $28,377 $2,382,311 $1,690,678 $691,633
2023 $27,774 $2,335,600 $1,657,528 $678,072
2022 $27,467 $2,289,805 $1,625,028 $664,777
2021 $26,790 $2,244,908 $1,593,165 $651,743
2019 $26,267 $2,178,325 $1,545,912 $632,413
2018 $24,925 $2,135,613 $1,515,600 $620,013
2016 $24,011 $2,052,687 $1,456,749 $595,938
2015 $23,689 $2,021,855 $1,434,868 $586,987
2014 $23,339 $1,982,250 $1,406,761 $575,489
Source: Public Records

Agents Affiliated with this Home

  • Wailani O'Herlihy

    Landlord's Agent in 2025

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    23 Total Sales

    Wailani O'Herlihy
    Section Image
  • Cormac O'Herlihy

    Landlord's Co-Listing Agent in 2025

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    23 Total Sales

    Cormac O'Herlihy
    Section Image

  • S

    Buyer's Agent in 2023

    Severin Braham

    The Beverly Hills Estates

    (310) 980-7740

    7 Total Sales

    Severin Braham
    Section Image
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Map

Source: The MLS

MLS Number: 24-375971

The MLS

APN: 4458-010-001

California Los Angeles County Malibu 90265 Malibu Road

24172 Malibu Rd Unit MidSection, Malibu, CA

This home is located at 24172 Malibu Rd Unit MidSection, Malibu, CA 90265 since 02 April 2024 and is currently priced at $5,917,192. This property was built in 1980. 24172 Malibu Rd Unit MidSection is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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