Seller's Agent in 2020
Chris Cortazzo
Compass
(310) 489-7091
4 in this area
198 Total Sales
24752 Malibu Rd Malibu, CA 90265
Malibu Road NeighborhoodEstimated Value: $6,381,000 - $12,262,149
3
Beds
4
Baths
3,826
Sq Ft
$2,359/Sq Ft
Est. Value
Highlights
- Beach Front
- White Water Ocean Views
- Wine Cellar
- Webster Elementary School Rated A
- Property has ocean access
- Spa
About This Home
As of May 2020Three levels of sleek architectural serenity on the beach with non-stop ocean views from main living areas and all bedrooms. Beautiful, open living and dining area awash in light and ocean views from a wall of windows. Glass doors open onto full-width ocean-view deck. Gorgeous gourmet kitchen with island, black granite countertops, high-end appliances, stunning mahogany-finished cabinetry. Powder room also on this level. Entire upper floor is exceptionally private owner's retreat with high ceilings, fireplace, huge closet with built-ins; spa-style bathroom with marble floors, six-headed shower, spa tab; private ocean-view deck; and large media room with skylight. Lower level has two bedrooms that share an ocean-view deck, plus large laundry room and storage room. Additionally, there is a two-car garage and secure access to steps that descend to beach. This impressive and immaculate contemporary beach residence embodies the very best of the Malibu lifestyle.
Home Details
Home Type
- Single Family
Year Built
- Built in 1994
Lot Details
- 7,373 Sq Ft Lot
- Beach Front
- Property is zoned LCR1*
Property Views
- White Water Ocean
- Coastline
- Catalina
- Panoramic
- Hills
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 3,826 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Furnished
- Wired For Sound
- Built-In Features
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- French Doors
- Entryway
- Wine Cellar
- Living Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Living Room Balcony
- Dining Area
- Bonus Room
- Storage
- Basement
Kitchen
- Gourmet Kitchen
- Breakfast Bar
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Freezer
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Retreat
- Fireplace in Primary Bedroom
- Multi-Level Bedroom
- Walk-In Closet
- Dressing Area
- Mirrored Closets Doors
- Powder Room
- 4 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Shower Only
- Spa Bath
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Washer
Home Security
- Security System Owned
- Fire and Smoke Detector
Parking
- 2 Car Garage
- Garage Door Opener
- Guest Parking
- Uncovered Parking
Outdoor Features
- Spa
- Property has ocean access
- Oceanside
- Wood Patio
Location
- Property is near public transit
Utilities
- Air Conditioning
- Central Heating
- Property is located within a water district
- Septic Tank
- Phone System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4458-013-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2020
Closed on
May 15, 2020
Sold by
Malibu Road Investment Llc
Bought by
Jamco Real Estate Investors Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Chris Cortazzo
Compass
List Price
$11,995,000
Sold Price
$9,875,000
Premium/Discount to List
-$2,120,000
-17.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,169,811
Avg. Annual Appreciation
-1.48%
Original Mortgage
$5,000,000
Outstanding Balance
$4,394,064
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$4,631,986
Purchase Details
Closed on
Jul 19, 2017
Sold by
Johnson Mari Snyder
Bought by
Malibu Road Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Feb 16, 2015
Closed on
Sep 30, 2015
Sold by
Newberg Nancy
Bought by
Johnson Mari Snyder
Seller's Agent
Stephen Shapiro
Westside Estate Agency Inc.
Buyer's Agent
Andy Lyon
4 Malibu Real Estate
List Price
$11,950,000
Sold Price
$11,000,000
Premium/Discount to List
-$950,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Purchase Details
Closed on
Jun 27, 2007
Sold by
Merrill Lynch Trust Co Fsb
Bought by
Newberg Nancy
Purchase Details
Closed on
Feb 15, 2003
Sold by
Jacoby Daniel R
Bought by
Jacoby Daniel and Daniel Jacoby Revocable Trust
Purchase Details
Closed on
Apr 18, 2000
Sold by
Trust Morton Donald L Tr Donald L Morton
Bought by
Jacoby Daniel R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
8.25%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Jamco Real Estate Investors Llc | $9,875,000 | Chicago Title Company | |
| Malibu Road Investment Llc | $10,750,000 | Fatcola | |
| Johnson Mari Snyder | $11,000,000 | Fatcola | |
| Newberg Nancy | $10,500,000 | Equity Title Company | |
| Jacoby Daniel | -- | -- | |
| Jacoby Daniel R | $3,500,000 | First American Title Co |
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 |
|---|---|---|---|
| Open | Jamco Real Estate Investors Llc | $5,000,000 | |
| Previous Owner | Malibu Road Investment Llc | $6,500,000 | |
| Previous Owner | Jacoby Daniel R | $3,500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/20/2020 05/20/20 | Sold | $9,875,000 | -17.7% | $2,581 / Sq Ft | |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- | |
| 02/20/2020 02/20/20 | For Sale | $11,995,000 | +9.0% | $3,135 / Sq Ft | |
| 11/20/2015 11/20/15 | Sold | $11,000,000 | -7.9% | $2,875 / Sq Ft | View Prior Sale |
| 09/09/2015 09/09/15 | Pending | -- | -- | -- | |
| 02/16/2015 02/16/15 | For Sale | $11,950,000 | -- | $3,123 / 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 | $132,033 | $10,799,752 | $8,749,167 | $2,050,585 |
| 2024 | $122,286 | $10,587,993 | $8,577,615 | $2,010,378 |
| 2023 | $119,999 | $10,380,386 | $8,409,427 | $1,970,959 |
| 2022 | $118,607 | $10,176,850 | $8,244,537 | $1,932,313 |
| 2021 | $115,887 | $9,977,305 | $8,082,880 | $1,894,425 |
| 2020 | $130,380 | $11,184,300 | $9,363,600 | $1,820,700 |
| 2019 | $128,582 | $10,965,000 | $9,180,000 | $1,785,000 |
| 2018 | $122,225 | $10,750,000 | $9,000,000 | $1,750,000 |
| 2016 | $125,456 | $11,000,000 | $10,000,000 | $1,000,000 |
| 2015 | $131,011 | $11,475,613 | $10,382,701 | $1,092,912 |
| 2014 | $128,994 | $11,250,823 | $10,179,319 | $1,071,504 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Sandro Dazzan
Buyer Co-Listing Agent in 2020
Sandro Dazzan
The Agency
(310) 435-7556
4 in this area
86 Total Sales
-
Stephen Shapiro
Seller's Agent in 2015
Stephen Shapiro
Westside Estate Agency Inc.
(310) 860-8888
1 in this area
9 Total Sales
-
Richard Ehrlich
Seller Co-Listing Agent in 2015
Richard Ehrlich
Carolwood Estates
(310) 860-8885
40 Total Sales
-
Andy Lyon
A
Buyer's Agent in 2015
Andy Lyon
4 Malibu Real Estate
(310) 924-9086
7 Total Sales
Map
Source: The MLS
MLS Number: 20-556384
APN: 4458-013-004
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© 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.
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