$9,400,000
SOLD MAY 5, 2021
4 Beds
5 Baths
2,875 Sq Ft
7,153 Sq Ft Lot

Recently Sold

$3,270 Per Sq Ft

14% Below List Price

27 Days on Market

Highlights

  • White Water Ocean Views
  • Home Theater
  • Traditional Architecture
  • Webster Elementary School Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of May 2021

Quintessential Malibu Road beachfront property with panoramic ocean and city lights views. This warm and exceptionally well-kept home boasts an open floor plan with a private split-level courtyard entry leading directly into the bright and airy great room. The kitchen and dining areas are designed for entertaining and taking in the expansive views. Additionally, this beautiful property offers high ceilings throughout, four bedrooms, and two fireplaces. Oversized sliding glass doors which lead onto multiple private decks overlooking sand and surf. The master bedroom includes a reading nook, walk-in closet, and large soaking tub. Detached two-car garage with room for extra parking.

Last Agent to Sell the Property

Irene Dazzan

The Agency License #00597226 Listed on: 02/24/2021

The Agency

Co-Listed By

Sandro Dazzan

The Agency License #01418033

The Agency

Last Buyer's Agent

Sandro Dazzan

The Agency License #01418033

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,136

Year Built

  • Built in 1947

Lot Details

  • 7,153 Sq Ft Lot
  • Lot Dimensions are 48x151
  • Property is zoned LCR1*

Parking

  • 2 Parking Spaces

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,875 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Den with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-013-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$115,136

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2875
  • Lot Acreage: 0.1642
  • Lot Dimensions: 48x151
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 3460.87

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-013-006
  • Lot Size Area: 7153

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 21, 2021
Sold by
Malibu Cas Jake Llc
Bought by
24762 Malibu Realty Llc
Seller's Agent
Irene Dazzan
The Agency
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$10,950,000
Sold Price
$9,400,000
Premium/Discount to List
-$1,550,000
-14.16%
Current Estimated Value
$9,102,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$297,911
Avg. Annual Appreciation
-0.40%
Original Mortgage
$4,700,000
Outstanding Balance
$4,268,417
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$4,974,730

Purchase Details

Closed on
Jul 16, 2018
Sold by
Casola Salvatore
Bought by
Malibu Cas Jake Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,913,354
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2017
Sold by
24762 Malibu Road Llc
Bought by
Casola Salvatore and Casola Joan H

Purchase Details

Listed on
Feb 2, 2017
Closed on
Feb 22, 2017
Sold by
Levant Alison
Bought by
24762 Malibu Road Llc
Seller's Agent
Brian Merrick
Coldwell Banker Realty
Buyer's Agent
Sandro Dazzan
The Agency
List Price
$7,495,000
Sold Price
$7,350,000
Premium/Discount to List
-$145,000
-1.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$4,410,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 16, 2013
Sold by
Levant Alison
Bought by
Goldstein Samantha

Purchase Details

Closed on
Nov 1, 2013
Sold by
Goldstein Samantha
Bought by
Levant Alison and Goldstein Samantha

Purchase Details

Closed on
Jul 10, 2006
Sold by
Levant Alison
Bought by
Levant Alison and Leavitt Matthew

Purchase Details

Closed on
Sep 7, 2002
Sold by
Lane Sharyn
Bought by
Lane Sharyn and Sharyn Lane Revocable Trust

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
5.75%

Purchase Details

Closed on
Aug 23, 2002
Sold by
Brookman Sidney
Bought by
Lane Sharyn

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
5.75%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Brookman Sidney
Bought by
Brookman Sidney and Sidney Brookman Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,586,000
Interest Rate
6.31%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Brookman Sidney
Bought by
Brookman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
8.2%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Brookman Sidney
Bought by
Brookman Sidney and Brookman Karen

Purchase Details

Closed on
Oct 23, 1997
Sold by
Wertlieb Martin
Bought by
Brookman Sidney and Brookman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.95%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $9,400,000 Equity Title Company
Grant Deed -- Chicago Title Company
Grant Deed $7,542,000 Equity Title Company
Grant Deed $7,350,000 Equity Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $2,700,000 Fidelity National Title Co
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Grant Deed $1,180,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,700,000 Credit Line Revolving
Closed $5,200,000 New Conventional
Previous Owner $3,913,354 Commercial
Previous Owner $3,913,354 Commercial
Previous Owner $4,410,000 Adjustable Rate Mortgage/ARM
Previous Owner $872,000 New Conventional
Previous Owner $950,000 Unknown
Previous Owner $991,000 New Conventional
Previous Owner $1,000,000 No Value Available
Previous Owner $1,586,000 No Value Available
Previous Owner $1,500,000 No Value Available
Previous Owner $680,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Rented $75,000 0.0% --
04/09/2024 04/09/24 For Rent $75,000 0.0% --
05/05/2021 05/05/21 Sold $9,400,000 -5.5% $3,270 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $9,950,000 -9.1% $3,461 / Sq Ft
02/24/2021 02/24/21 For Sale $10,950,000 0.0% $3,809 / Sq Ft
09/30/2020 09/30/20 Rented $40,000 0.0% --
09/16/2020 09/16/20 For Rent $40,000 -39.4% --
05/18/2020 05/18/20 Rented $66,000 +76.0% --
11/25/2019 11/25/19 For Rent $37,500 -34.8% --
03/13/2019 03/13/19 Rented $57,500 +53.3% --
11/20/2018 11/20/18 For Rent $37,500 +7.1% --
11/19/2018 11/19/18 Rented $35,000 0.0% --
06/01/2018 06/01/18 Price Changed $35,000 -36.4% $12 / Sq Ft
04/24/2018 04/24/18 For Rent $55,000 +57.1% --
01/09/2018 01/09/18 Rented $35,000 0.0% --
01/09/2018 01/09/18 Under Contract -- -- --
01/09/2018 01/09/18 For Rent $35,000 -22.2% --
10/27/2017 10/27/17 Rented $45,000 +28.6% --
10/02/2017 10/02/17 Price Changed $35,000 -22.2% $12 / Sq Ft
04/30/2017 04/30/17 For Rent $45,000 0.0% --
03/30/2017 03/30/17 Sold $7,350,000 -1.9% $5,202 / Sq Ft
02/02/2017 02/02/17 For Sale $7,495,000 -- $5,304 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $115,136 $10,174,861 $8,139,889 $2,034,972
2024 $115,136 $9,975,355 $7,980,284 $1,995,071
2023 $112,975 $9,779,760 $7,823,808 $1,955,952
2022 $111,663 $9,588,000 $7,670,400 $1,917,600
2021 $107,679 $9,275,104 $7,729,254 $1,545,850
2020 $91,655 $7,846,384 $6,277,149 $1,569,235
2019 $90,389 $7,692,534 $6,154,068 $1,538,466
2018 $85,900 $7,541,700 $6,033,400 $1,508,300
2016 $46,300 $4,019,094 $3,458,534 $560,560
2015 $45,648 $3,958,724 $3,406,584 $552,140
2014 $44,982 $3,881,179 $3,339,854 $541,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-697304

The MLS

APN: 4458-013-006