NOT LISTED FOR SALE

25006 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,242,000 - $13,852,647

4 Beds
3.5 Baths
3,305 Sq Ft
$2,663/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $11,000,000 $3,328 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $59,438/month

16 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Indoor Spa
  • Wood Flooring

About This Home

As of March 2018

If you're looking for a gem on the beach, this chic and polished Malibu Rd. beach house is the perfect fit. A gorgeous home located on a prime stretch of sandy beach on coveted Malibu Rd. It features an open floor plan with nearly every room facing stunning white water views, there's a subtle mix of wire brushed oak floors w/ modern finishes giving a warm yet contemporary vibe, a spacious designer inspired living room is the perfect place to relax with a separate downstairs entertainment lounge for movies and ping pong, custom gourmet kitchen with slate grey countertops plus top of the line stainless steel appliances, an ocean front master w/ generous walk-in closet, spa bath and private terrace. There are two addtl guest bedrooms in main house & large teak wood deck on the beach. Also, a beautiful detached guest house with stunning ocean views, plus gym, 2 car garage, tropically landscaped grounds and a big backyard courtyard for additional outdoor entertaining and parties.

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 02/12/2018

Westside Estate Agency-Malibu

Co-Listed By

Kurt Rappaport

Westside Estate Agency Inc. License #01036061

Last Buyer's Agent

Mark Smith

Coldwell Banker Realty License #01849414

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Lot Details

  • 8,166 Sq Ft Lot
  • Gated Home
  • Property is zoned LCR27500*

Parking

  • 2 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,305 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Indoor Spa
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4458-013-037

Home Details

Home Type

Single Family

Lot Details

8,166 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3305
  • Planned Urban Dev: 0
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 3629.35

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa: Hot Tub, Indoor, Private
  • Spa Yn: Yes
  • View: Catalina, Coastline, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4458-013-037
  • Geocode Override: No
  • Lot Size Area: 8166

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2018
Closed on
Feb 21, 2018
Sold by
Rappaport Kurt
Bought by
Rosen Scott R and Oakmont Trust
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Mark Smith
Coldwell Banker Realty
List Price
$11,995,000
Sold Price
$11,000,000
Premium/Discount to List
-$995,000
-8.3%
Current Estimated Value
$8,801,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,198,451
Avg. Annual Appreciation
-2.73%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Rappaport Kurt
Bought by
Rappaport Kurt and Kurt Rappaport Living Trust

Purchase Details

Listed on
Aug 7, 2014
Closed on
Jan 21, 2015
Sold by
Simpson Thomas L
Bought by
Rappaport Kurt
Seller's Agent
Sandro Dazzan
The Agency
Buyer's Agent
Kurt Rappaport
Westside Estate Agency Inc.
List Price
$8,350,000
Sold Price
$7,700,000
Premium/Discount to List
-$650,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$4,812,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2006
Sold by
Rochin Eric Michael
Bought by
Simpson Thomas L and Simpson June E

Purchase Details

Closed on
May 12, 2005
Sold by
Weaver Billy Dennis
Bought by
Rochin Eric Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rosen Scott R $11,000,000 First American Title Conany
Rappaport Kurt -- Provident Title
Rappaport Kurt $7,700,000 Equity Title
Simpson Thomas L -- Fatcola
Rochin Eric Michael $5,000,000 Equity Title
Rochin Eric Michael -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rappaport Kurt $4,812,500
Previous Owner Rochin Eric Michael $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2018 03/01/18 Sold $11,000,000 -8.3% $3,328 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $11,995,000 0.0% $3,629 / Sq Ft
03/22/2016 03/22/16 Rented $105,000 0.0% --
03/07/2016 03/07/16 Price Changed $105,000 +133.3% $29 / Sq Ft
09/10/2015 09/10/15 For Rent $45,000 -55.0% --
08/24/2015 08/24/15 Rented $100,000 0.0% --
04/20/2015 04/20/15 For Rent $100,000 0.0% --
02/03/2015 02/03/15 Sold $7,700,000 -7.8% $3,056 / Sq Ft View Prior Sale
12/17/2014 12/17/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $8,350,000 -- $3,313 / 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 $157,680 $13,963,374 $9,741,889 $4,221,485
2024 $157,680 $13,689,583 $9,550,872 $4,138,711
2023 $138,829 $12,030,105 $10,936,460 $1,093,645
2022 $137,222 $11,794,221 $10,722,020 $1,072,201
2021 $134,088 $11,562,963 $10,511,785 $1,051,178
2020 $133,339 $11,444,400 $10,404,000 $1,040,400
2019 $131,499 $11,220,000 $10,200,000 $1,020,000
2018 $92,641 $8,133,247 $6,421,991 $1,711,256
2016 $89,365 $7,817,424 $6,172,618 $1,644,806
2015 $118,423 $10,367,508 $8,294,031 $2,073,477
2014 $116,575 $10,164,424 $8,131,563 $2,032,861
Source: Public Records

Agents Affiliated with this Home

  • Mark S. Gruskin

    Seller's Agent in 2018

    Mark S. Gruskin

    Westside Estate Agency-Malibu

    (310) 317-8202

    1 in this area

    25 Total Sales

    Mark S. Gruskin
    Section Image
  • Kurt Rappaport

    Seller Co-Listing Agent in 2018

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    2 in this area

    103 Total Sales

    Kurt Rappaport
    Section Image

  • M

    Buyer's Agent in 2018

    Mark Smith

    Coldwell Banker Realty

    (310) 273-3113

    6 Total Sales

    Mark Smith
    Section Image
  • Anthony Barsocchini

    Seller's Agent in 2016

    Anthony Barsocchini

    The Beverly Hills Estates

    (310) 383-2219

    15 Total Sales

    Anthony Barsocchini
    Section Image

  • A

    Buyer's Agent in 2016

    Aminul Islam

    No Firm Affiliation

    Section Image

  • A

    Buyer's Agent in 2016

    Ann Eysenring

    The Agency

    Section Image
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Map

Source: The MLS

MLS Number: 18-312560

The MLS

APN: 4458-013-037

California Los Angeles County Malibu 90265 Malibu Road

25006 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

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