NOT LISTED FOR SALE

25342 Malibu Rd Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,342,000 - $10,249,058

5 Beds
4.5 Baths
4,404 Sq Ft
$1,803/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $6,775,000 $1,538 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $48,626/month

35 Days on Market

Highlights

  • White Water Ocean Views
  • Spa
  • No HOA
  • Webster Elementary School Rated A
  • Cape Cod Architecture
  • Laundry Room

About This Home

As of September 2020

Positioned in the heart of Malibu, this property sets the stage for the opportunity to create an incredible beachfront oasis. Reworked for a masterful redesign in mind, the layout maximizes the opportunity to entertain while taking in the expansive Pacific Ocean views. Spanning over 4,400 square feet across three levels, the home includes 5 bedrooms, 4.5 bathrooms, and walls of glass doors offering access to the numerous terraces and the 50 feet of direct sandy beachfront. This property is ideally situated in one of the most coveted locale's in Malibu.

Last Agent to Sell the Property

Carl Gambino

Compass License #01971890 Listed on: 07/27/2020

Compass

Last Buyer's Agent

Carl Gambino

Compass License #01971890 Listed on: 07/27/2020

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,990 Sq Ft Lot
  • Property is zoned LCR3*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 4,404 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Pool

  • Spa

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-017-002

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

7,990 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 4404
  • Lot Acreage: 0.1834
  • Stories: 3
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 1814.26

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Coastline, Ocean, Panoramic, White Water
  • View: Yes

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4459-017-002
  • Lot Size Area: 7990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 2, 2020
Sold by
Malibu Road 25342 Llc
Bought by
Samuel Jessica Lori and Samuel Mark Eric
Seller's Agent
Carl Gambino
Compass
Buyer's Agent
Carl Gambino
Compass
List Price
$7,990,000
Sold Price
$6,775,000
Premium/Discount to List
-$1,215,000
-15.21%
Current Estimated Value
$7,938,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,163,765
Avg. Annual Appreciation
2.92%

Purchase Details

Closed on
Jan 24, 2019
Sold by
Lunn Gerald E and The Robert Falke Family Trust
Bought by
Malibu Road 25342 Llc

Purchase Details

Closed on
Aug 1, 2017
Sold by
Shanker Lawrence
Bought by
Lunn Gerald E and Robert Falke Family Trust

Purchase Details

Closed on
Sep 8, 2006
Sold by
Piven Samuel J
Bought by
Shanker Lawrence and Robert Falke Family Trust

Purchase Details

Closed on
May 14, 2004
Sold by
Chelios Christos K and Chelios Tracee Lynn
Bought by
Piven Samuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Samuel Jessica Lori $6,775,000 Provident Title Company
Malibu Road 25342 Llc $6,600,000 Lawyers Title Co
Lunn Gerald E -- None Available
Shanker Lawrence -- None Available
Piven Samuel J $3,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Piven Samuel J $2,450,000
Closed Piven Samuel J $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2020 09/16/20 Sold $6,775,000 -15.2% $1,538 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $7,990,000 -- $1,814 / 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 $87,823 $7,333,476 $5,725,848 $1,607,628
2024 $87,823 $7,189,683 $5,613,577 $1,576,106
2023 $86,061 $7,048,709 $5,503,507 $1,545,202
2022 $84,946 $6,910,500 $5,395,596 $1,514,904
2021 $82,823 $6,775,000 $5,289,800 $1,485,200
2020 $82,687 $6,732,240 $6,120,000 $612,240
2019 $25,113 $4,373,721 $3,498,790 $874,931
2018 $52,924 $4,287,968 $3,430,187 $857,781
2016 $50,942 $4,121,233 $3,296,990 $824,243
2015 $50,249 $4,059,330 $3,247,467 $811,863
2014 $49,516 $3,979,814 $3,183,854 $795,960
Source: Public Records

Agents Affiliated with this Home

  • Carl Gambino

    Seller's Agent in 2020

    Carl Gambino

    Compass

    (646) 465-1766

    297 Total Sales

    Carl Gambino
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Map

Source: The MLS

MLS Number: 20-609856

The MLS

APN: 4459-017-002

California Los Angeles County Malibu 90265 Malibu Road

25342 Malibu Rd, Malibu, CA

Not Listed for Sale

Detached

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