NOT LISTED FOR SALE

24266 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,413,000 - $13,771,711

0.16 Acre
$55,961,900 Price per Acre
7,110 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $12,000,000 $5,997 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $54,244/month

307 Days on Market

About This Lot

As of March 2016

Amazing rare frontage! Coveted location on the sand! Two adjacent parcels lot APN 4458-011-010 (7,110 sq ft) and 4458-011-011 (7,186 sq ft) totaling approximately 190' on the beach. Lot #10 is close to having building permits. Plans designed by renowned Bob Easton AIA. Buyer may make changes. Call for details

Last Agent to Sell the Property

Kathryn Bentzen

Coldwell Banker Realty License #01091411 Listed on: 02/18/2015

Coldwell Banker Realty

Last Buyer's Agent

Moyi Tony Chang

Moyi Tony Chang License #01940423

Property Details

Property Type

  • Land

Lot Details

  • 7,110

Additional Features

  • White Water Ocean Views
  • 7,110 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 4458-011-010

Property Details

Property Type

Land

Lot Details

7,110 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, White Water
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-011-010
  • Geocode Override: No
  • Lot Size Area: 7110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Malibu Road 3 Llc and Harpro Llc
Bought by
Malibu Road Residence Llc
Current Estimated Value
$8,953,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$14,677,443
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
-$5,723,539

Purchase Details

Listed on
Feb 18, 2015
Closed on
Mar 28, 2016
Sold by
24266 Malibu Road Llc
Bought by
Malibu Road 3 Llc and Harpro Llc
Seller's Agent
Kathryn Bentzen
Coldwell Banker Realty
Buyer's Agent
Moyi Tony Chang
Moyi Tony Chang
List Price
$18,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$6,000,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.92%

Purchase Details

Listed on
Feb 18, 2015
Closed on
Mar 24, 2016
Sold by
Lamb Clifton G
Bought by
24266 Malibu Road Llc
Seller's Agent
Kathryn Bentzen
Coldwell Banker Realty
Buyer's Agent
Moyi Tony Chang
Moyi Tony Chang
List Price
$18,000,000
Sold Price
$12,000,000
Premium/Discount to List
-$6,000,000
-33.33%

Purchase Details

Closed on
Aug 4, 1999
Sold by
Taylor Lawrence N
Bought by
Lamb Clifton G and The Galway Trsut

Purchase Details

Closed on
Aug 24, 1994
Sold by
Taylor Janice L
Bought by
Taylor Lawrence N

Purchase Details

Closed on
Jun 15, 1994
Sold by
Malibu Shores Associates
Bought by
Taylor Lawrence N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.5%
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
Malibu Road Residence Llc $8,500,000 None Listed On Document
Malibu Road 3 Llc $6,030,000 Chicago Title
24266 Malibu Road Llc $6,000,000 Chicago Title Company
Lamb Clifton G -- --
Taylor Lawrence N -- Pacific Title Guaranty Compa
Taylor Lawrence N $1,200,000 Pacific Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malibu Road Residence Llc $15,000,000
Previous Owner Taylor Lawrence N $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $12,000,000 -33.3% $5,997 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $18,000,000 -- $8,996 / 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 $99,067 $8,670,000 $8,244,660 $425,340
2024 $99,067 $8,500,000 $8,083,000 $417,000
2023 $79,604 $6,861,109 $6,861,109 $0
2022 $79,237 $6,726,578 $6,726,578 $0
2021 $76,867 $6,594,685 $6,594,685 $0
2019 $75,381 $6,399,084 $6,399,084 $0
2018 $71,666 $6,273,612 $6,273,612 $0
2016 $30,228 $2,596,708 $2,596,708 $0
2015 $29,824 $2,557,704 $2,557,704 $0
2014 $29,379 $2,507,603 $2,507,603 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kathryn Bentzen

    Coldwell Banker Realty

    (310) 804-8423

    6 Total Sales

    Kathryn Bentzen
    Section Image

  • M

    Buyer's Agent in 2016

    Moyi Tony Chang

    Moyi Tony Chang

See All Agents

Map

Source: The MLS

MLS Number: 15-880923

The MLS

APN: 4458-011-010

California Los Angeles County Malibu 90265 Malibu Road

24266 Malibu Rd, Malibu, CA

Not Listed for Sale

Lots

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