NOT LISTED FOR SALE

25316 Malibu Rd Unit 3 Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $3,999,000 - $8,712,758

1 Bed
1 Bath
-- Sq Ft
7,841 Sq Ft Lot

Highlights

  • Ocean View
  • Traditional Architecture
  • Tandem Parking
  • Webster Elementary School Rated A
  • Sundeck
  • Breakfast Bar

About This Home

As of September 2013

Upper 1 bedroom 1 bath, light & bright apartment on Malibu Road. Unit is over garage, with no one above or below, with a large private whitewater ocean view deck, tile floors in kitchen & bath, laminate wood floors in living room, walk in pantry in kitchen. Steps to sandy beach, 1 car enclosed garage, coin-op community laundry. NO PETS please NO SMOKING,. Credit/refs & income verification satisfactory to Landlord. Shown by appointment only.

Last Agent to Rent the Property

Isabel Miller

Sotheby's International Realty License #00824077 Listed on: 07/17/2013

Last Renter's Agent

Isabel Miller

Sotheby's International Realty License #00824077 Listed on: 07/17/2013

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $103,323

Year Built

  • Built in 1958

Lot Details

  • 7,841

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Living Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Parking Garage Space

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $6,200
  • Tenant pays for cable TV, electricity, gas, move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4459-016-015

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Amenities

  • Sundeck
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$103,323

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Security Deposit: 6200
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: 4 UNIT BEACHFRONT APT. BUILDING
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1958
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Bedrooms: 1
  • Fireplaces: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Fireplace: No

Exterior Features

  • Balcony: LRG DECK
  • Tennis Court Y/N: No
  • Exposure: OCEAN
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Community Garage, Tandem
  • Total Parking: 2

Utilities

  • Heating: Wall

Association/Amenities

  • Amenities: Sun Deck

Lot Info

  • Assessor Parcel Number: 4459-016-015
  • Geocode Override: No
  • Lot Size Area: 8021

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Shepher Beach Llc
Bought by
Maniscalco Marc
Current Estimated Value
$7,149,664

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
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2015
Sold by
Indie Properties Llc
Bought by
Shepher Beach Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 31, 2014
Sold by
Brown Rosalie C
Bought by
25316 Malibu Road Llc

Purchase Details

Closed on
Jul 30, 2014
Sold by
Smith Shralyn
Bought by
25316 Malibu Road Llc

Purchase Details

Closed on
Jul 29, 2014
Sold by
Smith Robert R
Bought by
25316 Malibu Road Llc

Purchase Details

Closed on
Sep 13, 2010
Sold by
Smith Vera K and Dean H & Vera K Smith Family T
Bought by
Vk Smith Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Smith Vera K and Dean H & Vera K Smith Family T
Bought by
Vk Smith Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,250
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 2009
Sold by
Vk Smith Realty Llc
Bought by
Smith Vera K and Dean H & Vera K Smith Family Trust

Purchase Details

Closed on
May 16, 2003
Sold by
Smith Vera K
Bought by
Vk Smith Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2000
Sold by
Smith Vera K and Dean H & Vera K Smith Family T
Bought by
Vk Smith Realty Llc
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
Maniscalco Marc $8,000,000 Chicago Title Co Com Div
Shepher Beach Llc $6,150,000 Priority Title Company
25316 Malibu Road Llc -- None Available
25316 Malibu Road Llc -- None Available
25316 Malibu Road Llc -- None Available
25316 Malibu Road Llc -- None Available
Smith Robert R -- None Available
25316 Malibu Road Llc -- None Available
Vk Smith Realty Llc -- Accommodation
Smith Vera K -- First American Title Company
Vk Smith Realty Llc -- Accommodation
Smith Vera K -- Cctn Pasadena Title
Vk Smith Realty Llc -- New Century Title Company
Smith Vera K -- New Century Title Company
Vk Smith Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Maniscalco Marc $3,967,000
Closed Maniscalco Marc $4,000,000
Previous Owner Shepher Beach Llc $6,000,000
Previous Owner Vk Smith Realty Llc $1,449,000
Previous Owner Smith Vera K $801,950
Previous Owner Smith Vera K $801,250
Previous Owner Smith Vera K $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Rented $3,100 0.0% --
09/25/2013 09/25/13 Under Contract -- -- --
07/17/2013 07/17/13 For Rent $3,100 -- --
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 $103,323 $8,659,454 $7,592,718 $1,066,736
2024 $103,323 $8,489,662 $7,443,842 $1,045,820
2023 $101,395 $8,323,199 $7,297,885 $1,025,314
2022 $100,082 $8,160,000 $7,154,790 $1,005,210
2021 $83,007 $6,725,922 $6,179,100 $546,822
2020 $82,567 $6,658,157 $6,115,741 $542,416
2019 $81,416 $6,527,629 $5,995,825 $531,804
2018 $77,459 $6,399,660 $5,878,260 $521,400
2016 $74,631 $6,150,000 $5,650,000 $500,000
2015 $9,918 $440,528 $293,732 $146,796
2014 $9,854 $431,900 $287,979 $143,921
Source: Public Records

Agents Affiliated with this Home

  • Isabel Miller

    Landlord's Agent in 2013

    Isabel Miller

    Sotheby's International Realty

    (310) 890-7215

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Map

Source: The MLS

MLS Number: 13-688759

The MLS

APN: 4459-016-015

California Los Angeles County Malibu 90265 Malibu Road

25316 Malibu Rd Unit 3, Malibu, CA

This home is located at 25316 Malibu Rd Unit 3, Malibu, CA 90265 since 17 July 2013 and is currently priced at $7,038,253. This property was built in 1958. 25316 Malibu Rd Unit 3 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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