NOT LISTED FOR SALE

24348 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,512,000 - $13,705,546

2 Beds
1 Bath
784 Sq Ft
$10,754/Sq Ft Est. Value

Sale Details

Date Sold: May 8, 2015

Last sale price $5,000,000 $6,378 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $51,594 / mo

24 Days on Market

Highlights

  • Ocean View
  • Living Room
  • Central Heating
  • Webster Elementary School Rated A
  • Bungalow
  • 2 Car Garage

About This Home

As of May 2015

Opportunity knocks on Malibu Road! With 50' of beach frontage and expansive ocean views, enjoy the existing charming 2+1 cottage or tear it down and build your oceanfront dream home. Buyer to cooperate with Seller's 1031 tax differed exchange at no cost to Buyer. Trust Sale, NO court confirmation required. Contact listing agent for Buyer's Package, which includes required paperwork & terms of sale. Geo and structural reports available for rebuilding sea wall. Tenant occupied. Do not disturb tenant.

Last Agent to Sell the Property

Rachelle Rosten

Douglas Elliman License #01255977 Listed on: 03/13/2015

Douglas Elliman

Last Buyer's Agent

Jack Pritchett

Sotheby's International Realty License #00454234

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,438 Sq Ft Lot
  • Lot Dimensions are 50x128
  • Tear Down
  • Property is zoned LCR106

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4458-011-018

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

6,438 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 784
  • Lot Dimensions: 50x128
  • Probate: No
  • Property Condition: Fixer, Tear Down
  • Stories: 1
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 5420.92

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Coastline, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Central

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4458-011-018
  • Geocode Override: No
  • Lot Size Area: 6438

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 9, 2015
Sold by
Bought by
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Jack Pritchett
Sotheby's International Realty
List Price
$4,250,000
Sold Price
$5,000,000
Premium/Discount to List
$750,000
17.65%
Current Estimated Value
$8,430,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,430,887
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Jul 21, 2011
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,000,000 Fatcola
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/08/2015 05/08/15 Sold $5,000,000 +17.6% $6,378 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $4,250,000 -- $5,421 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $73,742 $6,009,245 $4,807,399 $1,201,846
2024 $68,395 $5,891,418 $4,713,137 $1,178,281
2023 $67,072 $5,775,901 $4,620,723 $1,155,178
2022 $66,278 $5,662,649 $4,530,121 $1,132,528
2021 $64,772 $5,551,618 $4,441,296 $1,110,322
2019 $63,519 $5,386,956 $4,309,565 $1,077,391
2018 $60,364 $5,281,330 $4,225,064 $1,056,266
2016 $58,240 $5,076,250 $4,061,000 $1,015,250
2015 $9,438 $775,751 $682,673 $93,078
2014 $9,339 $760,556 $669,301 $91,255
Source: Public Records

Agents Affiliated with this Home

  • Rachelle Rosten

    Seller's Agent in 2015

    Rachelle Rosten

    Douglas Elliman

    (310) 710-5151

    70 Total Sales

    Rachelle Rosten
    Section Image
  • Jack Pritchett

    Buyer's Agent in 2015

    Jack Pritchett

    Sotheby's International Realty

    (310) 456-6771

    11 Total Sales

    Jack Pritchett
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-885907

The MLS

APN: 4458-011-018

California Los Angeles County Malibu 90265 Malibu Road

24348 Malibu Rd, Malibu, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.