$8,400,000
SOLD NOV 14, 2014

24956 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood
3 Beds
3 Baths
1,899 Sq Ft
8,083 Sq Ft Lot

Recently Sold

$4,423 Per Sq Ft

4% Below List Price

191 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Deck
  • Webster Elementary School Rated A
  • Midcentury Modern Architecture
  • Living Room with Fireplace

About This Home

As of November 2014

Located on Malibu Road's best dry-sand beach in front of the volcanic "Pelican Rock" and is one of the last beach-level homes. Enjoy the eye-level views from inside and outside of the ever-changing ocean, daily sunset, gliding pelicans, leaping dolphin, sunbathing seals, and breaching gray whales. Open floor plan, main house features 2 bedrooms and a den w/sleeper sofa, 2 bathrooms and outdoor hot shower, living room w/fireplace, kitchen and dining area. The master bedroom has an ocean view with private deck. The third bedroom is a detached 1 bedroom, 1 bath guest house with kitchenette and fireplace. Property is zoned a legal duplex. Neighbors house also for sale, each lot has 50ft frontage. Also for lease Lease $35k/mo summer rate.

Last Agent to Sell the Property

Shen Schulz

Sotheby's International Realty License #01327630 Listed on: 04/01/2014

Last Buyer's Agent

Monique Jelley

The Address, Inc. License #01773444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $125,136

Year Built

  • Built in 1959

Lot Details

  • 8,083 Sq Ft Lot
  • Property is zoned LCR27500*

Home Design

  • Midcentury Modern Architecture
  • Pier And Beam

Interior Spaces

  • 1,899 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room with Fireplace
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio

Additional Features

  • Detached Guest House
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4458-013-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$125,136

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1899
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Bonus Room, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4607.69

Exterior Features

  • Tennis Court Y/N: No
  • Foundation Details: Pier and Beam
  • Guest House: Detached
  • Patio: Deck(s), Patio Open
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4458-013-032
  • Geocode Override: No
  • Lot Size Area: 8083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
Black Pine Property Llc
Bought by
Klinger Leslie S and The Kona Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,807,132
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2014
Sold by
Evans Jack Hanley and Evans Deidre Coghlan
Bought by
Black Pine Property Llc

Purchase Details

Closed on
Oct 26, 2005
Sold by
Evans Jack Hanley and Evans Deidre Coghlan
Bought by
Evans Jack Hanley and Evans Deidre Coghlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,425
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2005
Sold by
Evans Jack H and The Evans Family Trust
Bought by
Evans Jack Hanley and Evans Deidre Coghlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,004,425
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2002
Sold by
Evans Charlot and Edward J & Charlot Evans Inter
Bought by
Evans Charlot and Evans Family 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%
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 Type Sale Price Title Company
Grant Deed $9,724,500 Fidelity Sherman Oaks
Grant Deed -- Usa National Title Co
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 Credit Line Revolving
Open $6,700,000 New Conventional
Closed $6,807,132 New Conventional
Previous Owner $1,360,000 Commercial
Previous Owner $1,004,425 Fannie Mae Freddie Mac
Previous Owner $1,000,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $11,995,000 +42.8% $8,002 / Sq Ft
11/14/2014 11/14/14 Sold $8,400,000 -4.0% $4,423 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $8,750,000 -- $4,608 / 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 $125,136 $11,065,386 $10,240,463 $824,923
2024 $125,136 $10,848,419 $10,039,670 $808,749
2023 $122,796 $10,635,706 $9,842,814 $792,892
2022 $121,374 $10,427,164 $9,649,818 $777,346
2021 $118,606 $10,222,710 $9,460,606 $762,104
2019 $116,315 $9,919,500 $9,180,000 $739,500
2018 $100,918 $8,872,634 $8,450,128 $422,506
2016 $97,366 $8,528,100 $8,122,000 $406,100
2015 $96,060 $8,400,000 $8,000,000 $400,000
2014 $4,765 $355,571 $239,987 $115,584
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Seller's Agent in 2025

    Chris Cortazzo

    Compass

    (310) 457-3995

    4 in this area

    224 Total Sales

    Chris Cortazzo
    Section Image
  • Joshua Altman

    Seller Co-Listing Agent in 2025

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    515 Total Sales

    Joshua Altman
    Section Image
  • Shen Schulz

    Seller's Agent in 2014

    Shen Schulz

    Sotheby's International Realty

    (310) 980-8809

    88 Total Sales

    Shen Schulz
    Section Image

  • M

    Buyer's Agent in 2014

    Monique Jelley

    The Address, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 14-749985

The MLS

APN: 4458-013-032

California Los Angeles County Malibu 90265 Malibu Road

24956 Malibu Rd, Malibu, CA

This home is located at 24956 Malibu Rd, Malibu, CA 90265 and is currently priced at $8,400,000, approximately $4,423 per square foot. This property was built in 1959. 24956 Malibu Rd is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 2025 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.
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