NOT LISTED FOR SALE

Estimated Value: $1,552,536

4 Beds
3 Baths
2,785 Sq Ft
$557/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2022

Last sale price $1,475,000 $530 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,708 / mo

10 Days on Market

Highlights

  • Ocean View
  • Solar Power System
  • A-Frame Home
  • Guest House
  • 2.24 Acre Lot
  • Family Room with Fireplace

About This Home

As of December 2022

Lowest price per sq. ft home in all of Malibu*!! This classic Gambrel A-Frame home offers panoramic views of the ocean, Malibu's coastline out to Point Dume, Malibu Canyon, mountain vistas, and Saddle Peak. Situated on over 2 expansive acres, this property is currently set up as a duplex with a 2 bed, 2 bath, 1,699 sq. ft. main home and a 2 bed, 1 bath, 1,086 sq. ft. guest home on the lower level. A circular driveway with mature pine trees provides privacy and plentiful parking. Inside, the entry level of the main home offers panoramic views of the Santa Monica Mountains from the family and living rooms with access to a large, wraparound sundeck for indoor/outdoor living. The west side of the home and balcony offers beautiful views of the ocean and mountainous coastline. Upstairs, the primary suite features beautiful ocean views from within and a private panoramic-view balcony. There is an additional en-suite guest room, den and office on the second floor. The lower level is accessed via a private stairway and offers peaceful mountain views from a fully equipped guest home. Inside, there are two bedrooms, a jack and jill bathroom, kitchen, and living room plus a private covered balcony with ocean views. This is an exceedingly rare opportunity, usable as both an income-producing property or single family residence in a coveted region of Eastern Malibu. Bring your contractor and act fast, this won't be available for long! (*In areas 33,32 per mls)

Last Agent to Sell the Property

Russell Grether

Compass License #01836632 Listed on: 11/04/2022

Compass

Co-Listed By

Tony Mark

Compass License #01205648

Last Buyer's Agent

Wilke Itzin

Compass License #02119451

Compass
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 2.24 Acre Lot
  • Property is zoned LCA11*

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Canyon
  • Mountain

Home Design

  • A-Frame Home

Interior Spaces

  • 2,785 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room with Fireplace
  • Oven or Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Circular Driveway

Additional Features

  • Solar Power System
  • Covered Patio or Porch
  • Guest House
  • Air Conditioning

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4453-025-038

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

2.24 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Street Number Display: Yes
  • Living Area: 2785
  • Lot Acreage: 2.2421
  • Stories: 3
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Wood Burning, Free Standing
  • Flooring: Carpet, Ceramic Tile, Mixed, Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Solar Panels
  • Price Per S Q F T: 429.08

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Canyon, Ocean, Coastline, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Driveway
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4453-025-038
  • Lot Size Area: 97666

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
Nov 4, 2022
Closed on
Nov 28, 2022
Sold by
Bought by
Seller's Agent
Russell Grether
Compass
Buyer's Agent
Wilke Itzin
Compass
List Price
$1,195,000
Sold Price
$1,475,000
Premium/Discount to List
$280,000
23.43%
Views
149
Current Estimated Value
$1,552,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,536
Avg. Annual Appreciation
1.41%
Original Mortgage
$700,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,475,000 Equity Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $700,000
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
12/09/2022 12/09/22 Sold $1,475,000 +23.4% $530 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $1,195,000 -- $429 / 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 $17,633 $1,381,132 $917,633 $463,499
2024 $18,258 $1,504,500 $999,600 $504,900
2023 $17,807 $1,475,000 $980,000 $495,000
2022 $3,560 $228,743 $77,689 $151,054
2021 $3,444 $224,259 $76,166 $148,093
2019 $3,361 $217,609 $73,908 $143,701
2018 $3,212 $213,343 $72,459 $140,884
2016 $3,065 $205,061 $69,647 $135,414
2015 $3,024 $201,981 $68,601 $133,380
2014 $3,047 $198,026 $67,258 $130,768
Source: Public Records

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Map

Source: The MLS

MLS Number: 22-214847

The MLS

APN: 4453-025-038

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