NOT LISTED FOR SALE

Estimated Value: $8,619,000 - $10,106,441

4 Beds
5 Baths
2,875 Sq Ft
$3,215/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $9,400,000 $3,270 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $59,961/month

Highlights

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

About This Home

As of June 2024

Perched along the prestigious Malibu Road, this quintessential beachfront residence offers an unparalleled blend of luxury and coastal living. Boasting breathtaking panoramic views of the ocean and city lights, this residence exudes warmth and sophistication. Featuring an inviting open floor plan complemented by a private courtyard entry, this home is ideal for entertaining. Upon entry seamlessly flow into the luminous great room, kitchen and dining areas that are thoughtfully designed to maximize enjoyment of the expansive vistas. This home encompasses four bedrooms, two cozy fireplaces, and expansive sliding glass doors to multiple private decks. The primary suite is a sanctuary unto itself, complete with a tranquil reading nook, a spacious closet, and a luxurious soaking tub, providing the ultimate retreat. Embrace the epitome of coastal living in this extraordinary Malibu sanctuary, in close proximity to all that Malibu has to offer. Available June 2024.

Last Agent to Rent the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 04/09/2024

The Agency

Last Renter's Agent

Denise Simon

Berkshire Hathaway HomeServices California Properties License #01435704

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $115,136

Year Built

  • Built in 1947

Lot Details

  • 7,155 Sq Ft Lot
  • Lot Dimensions are 48x151
  • Beach Front
  • South Facing Home
  • Property is zoned LCR1*

Parking

  • 2 Car Garage
  • On-Street Parking

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

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Security Deposit $150,000
  • Tenant pays for electricity, trash collection, water, cable TV, gas
  • Seasonal Lease Term
  • 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

Parking

2

Rental Info

  • Furnished: Furnished
  • Security Deposit: 150000
  • Tenant Pays: Electricity, Trash Collection, Water, Cable TV, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: Season
  • Living Area: 2875
  • Lot Acreage: 0.1642
  • Lot Dimensions: 48x151
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

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: 26.09

Exterior Features

  • Direction Faces: South
  • Patio: Covered, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Coastline, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, On street
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4458-013-006
  • Lot Description: Single Lot
  • Lot Location: Beach Front
  • Lot Size Area: 7155

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

Range of Values:

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Average Value
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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
24762 Malibu Realty Llc $9,400,000 Equity Title Company
Malibu Cas Jake Llc -- Chicago Title Company
Casola Salvatore $7,542,000 Equity Title Company
24762 Malibu Road Llc $7,350,000 Equity Title Company
Goldstein Samantha -- None Available
Leavitt Matthew -- None Available
Levant Alison -- None Available
Levant Alison -- None Available
Levant Alison -- None Available
Lane Sharyn -- --
Lane Sharyn $2,700,000 Fidelity National Title Co
Brookman Sidney -- Equity Title Company
Brookman Karen -- United Title Company
Brookman Sidney -- --
Brookman Sidney $1,180,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 24762 Malibu Realty Llc $4,700,000
Closed Malibu Cas Jake Llc $5,200,000
Previous Owner Malibu Cas Jake Llc $3,913,354
Previous Owner Malibu Cas Jake Llc $3,913,354
Previous Owner 24762 Malibu Road Llc $4,410,000
Previous Owner Levant Alison $872,000
Previous Owner Levant Alison $950,000
Previous Owner Lane Sharyn $991,000
Previous Owner Lane Sharyn $1,000,000
Previous Owner Brookman Sidney $1,586,000
Previous Owner Brookman Karen $1,500,000
Previous Owner Brookman Sidney $680,000
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: 24-378103

The MLS

APN: 4458-013-006