NOT LISTED FOR SALE

24172 Malibu Rd Unit Upper Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,000,000 - $7,524,000

3 Beds
2.5 Baths
-- Sq Ft
6,599 Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Property has ocean access
  • Open Floorplan

About This Home

As of January 2025

This 3 bedroom, 2.5 bath residence is exquisitely detailed and situated within a Malibu Road Triplex. Enter into the main living area with vaulted ceilings, a fireplace, a gourmet kitchen, and a spacious balcony with stunning ocean views. The kitchen is equipped with high-end appliances and a breakfast bar. A marvelous wooden spiral staircase leads up to the primary suite, which offers breathtaking ocean views, two walk-in closets, a spacious bathroom, and its own private balcony. The primary bathroom is luxurious with two vanities, dual shower heads, and a soaking tub. One bedroom on the main level opens to the partially enclosed balcony perfect for entertaining. The two bedrooms on the main level share a stunning jack-and-jill bathroom. Laundry is conveniently located in-unit on the main floor. Experience the beach lifestyle and all it has to offer. This property is presently unfurnished.

Last Agent to Rent the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 09/24/2024

Co-Listed By

Cormac O'Herlihy

Sotheby's International Realty License #00787980

Last Renter's Agent

Gregory Sharpe

Compass License #01908937

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Beach Front
  • Home fronts a seawall
  • South Facing Home

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Contemporary Architecture
  • Split Level Home

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Double Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Driveway
  • On-Street Parking

Outdoor Features

  • Property has ocean access
  • Living Room Balcony

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Security Deposit $31,500
  • Tenant pays for cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 4458-010-001

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1980 | Remodeled

Lot Details

6,599 Sq Ft Lot

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Not Included In Rent: Utilities, Cable, Wifi
  • Security Deposit: 31500
  • Tenant Pays: Cable TV

Listing Details

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

Interior Features

  • Interior Amenities: Open Floor Plan, Living Room Balcony, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Hardwood
  • Appliances: Gas, Oven, Range Hood, Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Primary Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower, Double Vanity(s), Dual Entry (Jack & Jill) Bath, Remodeled, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes

Exterior Features

  • Balcony: South
  • Direction Faces: South
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Ocean, Water, Catalina
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Driveway, On street
  • Total Parking: 1

Utilities

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

Association/Amenities

  • Pet Rules: Call

Lot Info

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

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2022
Sold by
Bick-Forrester Family Trust
Bought by
Forrester James S
Current Estimated Value
$5,781,535

Purchase Details

Closed on
May 21, 2003
Sold by
Forrester James S and Bick Barbara A
Bought by
Forrester Md James S

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:

--
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
Forrester James S -- Price Postel & Parma Llp
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
01/30/2025 01/30/25 Rented $15,750 0.0% --
01/30/2025 01/30/25 Under Contract -- -- --
09/24/2024 09/24/24 For Rent $15,750 -10.0% --
04/15/2024 04/15/24 Rented $17,500 -2.8% --
04/03/2024 04/03/24 Price Changed $18,000 -2.7% --
03/04/2024 03/04/24 Price Changed $18,500 -2.6% --
01/23/2024 01/23/24 Price Changed $19,000 -11.6% --
11/07/2023 11/07/23 Price Changed $21,500 -14.0% --
10/24/2023 10/24/23 For Rent $25,000 -- --
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 $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

    21 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

    21 Total Sales

    Cormac O'Herlihy
    Section Image
  • Gregory Sharpe

    Tenant's Agent in 2025

    Gregory Sharpe

    Compass

    (310) 702-9387

    8 Total Sales

    Gregory Sharpe
    Section Image
  • Chris Cortazzo

    Buyer Co-Listing Agent in 2025

    Chris Cortazzo

    Compass

    (310) 489-7091

    3 in this area

    205 Total Sales

    Chris Cortazzo
    Section Image
  • Nichole Shanfeld

    Buyer's Agent in 2024

    Nichole Shanfeld

    Carolwood Estates

    (310) 724-7000

    57 Total Sales

    Nichole Shanfeld
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-444363

The MLS

APN: 4458-010-001

California Los Angeles County Malibu 90265 Malibu Road

24172 Malibu Rd Unit Upper, Malibu, CA

Not Listed for Sale

Condos

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