$5,000,000

Estimated payment $30,410/month

Total Views 2,853
2 Beds
2 Baths
2,328 Sq Ft
$2,148 Price per Sq Ft

Highlights

  • Ocean Front
  • Midcentury Modern Architecture
  • Family Room with Fireplace
  • Webster Elementary School Rated A
  • Deck
  • Wood Flooring

About This Home

This is a rare opportunity to purchase a "fixer-upper" on Beautiful Malibu Road. The property's wide Beachfront lot has 50 feet of Beach frontage and is located among some of the most desirable beach homes in Malibu . Originally built in 1957 with side by side one bedroom units on the first floor and a third unit was on top of the 4 car garage. The building has been a rental for the past 16 years. Owner is motivated. Call Agents for more information on this Rare Investment opportunity.

Listing Agent

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 06/20/2025

Pinnacle Estate Properties

Co-Listing Agent

Sara Grisanti

Pinnacle Estate Properties License #00955628

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 7,928 Sq Ft Lot
  • Ocean Front
  • South Facing Home
  • Gated Home
  • Vinyl Fence
  • Wood Fence
  • Value in Land
  • Property is zoned LCR3*

Property Views

  • White Water Ocean
  • Coastline
  • Bay

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 2,328 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Wood Flooring
  • Fire Sprinkler System
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • 4 Open Parking Spaces

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-016-018

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

7,928 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This is a rare opportunity to purchase a "fixer-upper" on Beautiful Malibu Road. The property's wide Beachfront lot has 50 feet of Beach frontage and is located among some of the most desirable beach homes in Malibu . Originally built in 1957 with side by side one bedroom units on the first floor and a third unit was on top of the 4 car garage. The building has been a rental for the past 16 years. Owner is motivated. Call Agents for more information on this Rare Investment opportunity.
  • Entry Floor: 1
  • Living Area: 2328
  • Lot Acreage: 0.1820
  • Probate: No
  • Property Condition: Value Mainly In Land, Fixer
  • Stories: 1
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Wood
  • Appliances: Range
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 2147.77

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Fence: Wood, Vinyl
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: White Water, Ocean, Bay, Coastline
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Garage Is Detached, Garage - 3 Car
  • Total Parking: 7

Utilities

  • Heating: Wall
  • Security: Fire and Smoke Detection System, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4459-016-018
  • Lot Location: Ocean Front
  • Lot Size Area: 7928

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,602 $1,543,088 $1,279,256 $263,832
2025 $23,602 $1,512,832 $1,254,173 $258,659
2024 $21,820 $1,483,170 $1,229,582 $253,588
2023 $21,372 $1,454,089 $1,205,473 $248,616
2022 $20,990 $1,425,579 $1,181,837 $243,742
2021 $20,421 $1,397,627 $1,158,664 $238,963
2019 $20,032 $1,357,115 $1,124,299 $232,816
2018 $19,097 $1,330,524 $1,102,254 $228,270
2016 $18,260 $1,277,956 $1,059,453 $218,503
2015 $18,013 $1,258,761 $1,043,540 $215,221
2014 $17,799 $1,234,105 $1,023,099 $211,006
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 For Sale $5,000,000 -- $2,148 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $965,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $943,300 Unknown
Source: Public Records

About the Listing Agent

Paul Grisanti

Pinnacle Estate Properties

(424) 428-1459

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I'm an expert real estate agent with Pinnacle Estate Properties in MALIBU, CA and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

Paul's Other Listings

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  • 3945 Las Flores Canyon Rd, Malibu, CA 90265

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    new photos and interiors coming soon! The perfect live work environment. Circa 1925 4 plex on two lots. Beautiful garden patio area for the tenant's pleasure. The largest unit in the building (2br,2ba plus a wood burning FPL) was just remodeled ( dual pane windows, sound insulation, new electrical and air conditioning) and updated with permits. It is ready for occupancy by the new owners. The

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  • 20940 Big Rock Dr, Malibu, CA 90265

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    Build your Malibu Dream home! This property once held a 2601 sq. ft. home with 4 bedrooms and 3 baths with tremendous ocean views from every room. Under Malibu's fire rebuild rules a 2861 sq. ft. home could be built with accelerated permitting. The code would allow a larger home of around 5000 sq. feet but the permitting process will be considerably slower. This is the finest and highest location

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  • 20960 Approx. Big Rock Dr, Malibu, CA 90265

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    The views from this Hilltop Property are incredible stretching from Palos Verdes to Point Dume. Everything to the north of the property is government owned land outside the City of Malibu. This 4.15 acre parcel is located at the end of Big Rock Drive and begins when you reach the MRCA gate blocking access to the road to the LA County Waterworks District 29 tank on the ridge. I looks like the

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  • 20058 Pacific Coast Hwy Unit 1, Malibu, CA 90265

    $1,750,000 $750K PRICE DROP

    • Land
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    Reduced! This property held a three story 4 br 3 ba duplex of 2,732 sq. ft that was built in 1957, until the Palisades fire destroyed in in January of 2025. The Seller have come to the conclusion that their insurance is insufficient to replace the Duplex that was destroyed with the necessary code upgrades. The Fire replacement code allows what was there before plus 10% so the new structure totals

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  • 19854 Pacific Coast Hwy, Malibu, CA 90265

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  • 19062 Pacific Coast Hwy, Malibu, CA 90265

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  • 2070 Las Flores Canyon Rd, Malibu, CA 90265

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  • 27425 Calicut Rd, Malibu, CA 90265

    $23,500

    • 5 Beds
    • 5.5 Baths
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    • 27425 Calicut Rd
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    Available now for tenancy of 12 months or more. Built in 2000 on 2.1 fenced acres of Gated Malibu Pacifica Estates, This contemporary Mediterranean Villa enjoys Ocean and Mountain views from nearly every room. Gated Motor Court provides ample parking for your Family and guests. One of the two 2 car garages is currently set up as a recreation room for the young people. Magnificent open-plan

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Source: The MLS

MLS Number: 26991065

The MLS

APN: 4459-016-018

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