NOT LISTED FOR SALE

24314 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,617,000 - $15,889,525

4 Beds
5 Baths
4,167 Sq Ft
$2,581/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $12,250,000 $2,940 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $68,452/month

Highlights

  • Ocean Front
  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

As of April 2022

Summer is around the corner. Available now thru May 14th 65K per month or available for the month of August at 95K. Wonderful Malibu Beach home. Walk to the market, stores and restaurants. This Contemporary Beach house stretches across 84ft of frontage. Enter through a private courtyard with Palm trees and succulent plants. Mesmerizing oceans Views with a family room and office facing the sea. Large Oceanfront Master suite with a fireplace and sitting area, 2 walk-in closets, a large master bath with a shower and tub plus a spacious makeup and hair vanity. In addition is a Lovely Separate ocean view bedroom - apartment suite with its own staircase, oceanfront deck, and bathroom. Downstairs on the beach level is a 2 story great room with sweeping Coastline and ocean views. The great room consists of another den/media room, dining area, breakfast bar and kitchen with stainless steel appliances. All opening out to a wrap around decks from anywhere on this living level. Also off the expansive beach decks is a separate gym, yoga studio, sauna, bath with shower, overlooking the ocean.There is a two car enclosed garage plus ample parking with 85 ft wide. Please give 24 hrs notice to show. (Leased May15-July 31)

Last Agent to Rent the Property

Wendy Carroll

Westside Estate Agency-Malibu License #01188306 Listed on: 02/14/2022

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Renter's Agent

Kent Winter

Pinnacle Estate Properties License #02056364

Pinnacle Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 6,324 Sq Ft Lot
  • Ocean Front
  • South Facing Home
  • Property is zoned LCR106

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,167 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 5 Full Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in Garage
  • Dryer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $95,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Rent includes gardener, trash collection
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4458-011-012

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

6,324 Sq Ft Lot

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished
  • Rent Includes: Gardener, Trash Collection
  • Security Deposit: 95000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: Month To Month
  • Living Area: 4167
  • Lot Acreage: 0.1452
  • Stories: 3
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Bath, Master Bedroom
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 22.80

Exterior Features

  • Direction Faces: South
  • Patio: Deck(s)
  • Pool: No
  • View: White Water, City Lights, Catalina, Coastline, Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Built-In Storage, Garage - 2 Car, Garage Is Attached, Side By Side, Private Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector
  • Sewer: Septic Tank

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4458-011-012
  • Lot Size Area: 6324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Jan 4, 2022
Sold by
Farid Pakravan
Bought by
Fun And Malibu Road Llc
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Wendy Carroll
Westside Estate Agency-Malibu
List Price
$13,500,000
Sold Price
$12,250,000
Premium/Discount to List
-$1,250,000
-9.26%
Current Estimated Value
$10,753,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,496,737
Avg. Annual Appreciation
-3.15%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Hool Lance W
Bought by
Brown Maria and The Maria Brown Revocable Trust

Purchase Details

Closed on
Sep 18, 2003
Sold by
Hool Linda
Bought by
Hool Lance W and Hool Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2001
Sold by
Hool Linda K
Bought by
Hool Linda K and Linda K Hool Revocable Separate Property

Purchase Details

Closed on
Jul 28, 2000
Sold by
Hool Lance W
Bought by
Hool Lance W and Lance W Hool Revocable Separate Property

Purchase Details

Closed on
May 17, 2000
Sold by
Feldman Lorne And Sonia Trs
Bought by
Hool Lance W and Hool Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
8.18%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Feldman Lorne
Bought by
Feldman Lorne D and Feldman Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Feb 11, 1999
Sold by
Feldman Lorne
Bought by
Feldman Lorna and Feldman Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.87%
Mortgage Type
Assumption

Purchase Details

Closed on
Dec 2, 1998
Sold by
Feldman Lorne
Bought by
Feldman Sonia

Purchase Details

Closed on
Aug 26, 1994
Sold by
Weinstock Jack G
Bought by
Feldman Lorne and Feldman Sonia

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
5.37%
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
Fun And Malibu Road Llc -- Equity Title
Brown Maria -- Equity Title Company
Hool Linda K -- Equity Title Company
Hool Lance W -- First American Title Co
Hool Linda K -- --
Hool Lance W -- --
Hool Lance W -- First American Title Co
Feldman Lorne D -- --
Feldman Sonia -- --
Feldman Sonia -- --
Feldman Lorne -- --
Feldman Lorna -- --
Feldman Sonia -- --
Feldman Sonia -- --
Feldman Lorne D -- --
Feldman Lorne $2,255,000 Chicago Title Co
Weinstock Jack G -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hool Lance W $1,100,000
Previous Owner Hool Lance W $1,700,000
Previous Owner Feldman Lorna $920,000
Previous Owner Feldman Lorne $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2022 04/20/22 Rented $80,000 -15.8% --
04/11/2022 04/11/22 Price Changed $95,000 +46.2% $23 / Sq Ft
03/08/2022 03/08/22 Price Changed $65,000 -7.1% $16 / Sq Ft
02/14/2022 02/14/22 For Rent $70,000 0.0% --
01/19/2022 01/19/22 Sold $12,250,000 +18746.2% $2,940 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
08/18/2021 08/18/21 Rented $65,000 -18.8% --
06/24/2021 06/24/21 For Rent $80,000 0.0% --
06/23/2021 06/23/21 For Sale $13,500,000 +39.2% $3,240 / Sq Ft
06/07/2021 06/07/21 Sold $9,700,000 -11.8% $2,328 / Sq Ft View Prior Sale
04/22/2021 04/22/21 Pending -- -- --
11/09/2020 11/09/20 For Sale $11,000,000 -- $2,640 / 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 $158,659 $12,999,798 $11,673,288 $1,326,510
2024 $147,012 $12,744,900 $11,444,400 $1,300,500
2023 $144,283 $12,495,000 $11,220,000 $1,275,000
2022 $115,441 $9,894,000 $7,915,200 $1,978,800
2021 $88,722 $7,618,413 $6,567,603 $1,050,810
2020 $88,223 $7,540,297 $6,500,261 $1,040,036
2019 $87,005 $7,392,449 $6,372,805 $1,019,644
2018 $82,655 $7,247,500 $6,247,849 $999,651
2016 $79,704 $6,966,073 $6,005,239 $960,834
2015 $78,636 $6,861,437 $5,915,035 $946,402
2014 $77,415 $6,727,032 $5,799,168 $927,864
Source: Public Records

Agents Affiliated with this Home

  • Irene Dazzan

    Landlord's Co-Listing Agent in 2022

    Irene Dazzan

    The Agency

    (310) 418-3777

    6 in this area

    50 Total Sales

    Irene Dazzan
    Section Image
  • Wendy Carroll

    Landlord's Agent in 2022

    Wendy Carroll

    Westside Estate Agency-Malibu

    (310) 990-2285

    1 in this area

    15 Total Sales

    Wendy Carroll
    Section Image
  • Kent Winter

    Tenant's Agent in 2022

    Kent Winter

    Pinnacle Estate Properties

    (310) 853-3343

    19 Total Sales

    Kent Winter
    Section Image
  • Marcus Beck

    Seller's Agent in 2021

    Marcus Beck

    Sotheby's International Realty

    (310) 456-9405

    2 in this area

    29 Total Sales

    Marcus Beck
    Section Image
  • Rayni Williams

    Buyer's Agent in 2021

    Rayni Williams

    The Beverly Hills Estates

    (310) 925-9281

    156 Total Sales

    Rayni Williams
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-127655

The MLS

APN: 4458-011-012

California Los Angeles County Malibu 90265 Malibu Road

24314 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

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