NOT LISTED FOR SALE

24172 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

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

1 Bed
1 Bath
600 Sq Ft
6,621 Sq Ft Lot

Highlights

  • Beach Front
  • Property has ocean access
  • Above Ground Spa
  • Webster Elementary School Rated A
  • Guest House
  • Contemporary Architecture

About This Home

As of March 2021

This attached guest unit is available for a 1 year lease or as needed. Located on the beach side of Malibu Road with storage for a surfboard or kayak. Use of a jacuzzi. Access to the beach from the large deck including a shower. Parking is on the street. Furnishings are a bed and storage closet. Tenant to pay their own utilities and provide renters insurance. Must have good credit with references.

Last Agent to Rent the Property

Wailani O'Herlihy

Sotheby's International Realty License #01264113 Listed on: 02/17/2021

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: 02/17/2021

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • Beach Front
  • Home fronts a seawall

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Property Views

Kitchen

  • Kitchenette
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Public Parking
  • On-Street Parking

Outdoor Features

  • Above Ground Spa
  • Property has ocean access
  • Open Patio

Additional Homes

  • Guest House

Utilities

  • Heating System Mounted To A Wall or Window
  • Shared Water Source
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $7,390
  • Tenant pays for cable TV, electricity, water
  • Month-to-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

Condo Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Excludes: Utilities
  • Security Deposit: 7390
  • Tenant Pays: Cable TV, Electricity, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: Month To Month
  • Living Area: 600
  • Lot Acreage: 0.1520
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Appliances: Microwave
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Fiberglass Shower Enclosure
  • Three Quarter Bathrooms: 0
  • Kitchen Features: Kitchenette
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Dryer, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 6.16

Exterior Features

  • Construction: Hard Coat
  • Tennis Court Y/N: No
  • Foundation Details: Pillar/Post/Pier
  • Patio: Patio Open
  • Pool: No
  • Spa: Above Ground, Hot Tub
  • Spa Yn: Yes
  • View: Walk Street
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Heating: Wall
  • Sewer: Septic Tank
  • Water: Mutual Water Source

Association/Amenities

  • Amenities: Spa
  • Pet Rules: Call, Submit Pets

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4458-010-001
  • Geocode Override: No
  • Lot Description: Seawall
  • Lot Location: Beach Access, Beach Front, Ocean Access, Ocean Front
  • Lot Size Area: 6599

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
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 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
03/29/2021 03/29/21 Rented $3,300 -10.7% --
03/29/2021 03/29/21 Under Contract -- -- --
02/17/2021 02/17/21 For Rent $3,695 +5.6% --
07/23/2019 07/23/19 Rented $3,500 0.0% --
06/26/2019 06/26/19 For Rent $3,500 -- --
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 2021

    Wailani O'Herlihy

    Sotheby's International Realty

    (310) 980-1195

    20 Total Sales

    Wailani O'Herlihy
    Section Image
  • Cormac O'Herlihy

    Landlord's Co-Listing Agent in 2021

    Cormac O'Herlihy

    Sotheby's International Realty

    (310) 980-1194

    20 Total Sales

    Cormac O'Herlihy
    Section Image
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Map

Source: The MLS

MLS Number: 21-692300

The MLS

APN: 4458-010-001

California Los Angeles County Malibu 90265 Malibu Road

24172 Malibu Rd, Malibu, CA

Not Listed for Sale

Condos

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