NOT LISTED FOR SALE

25350 Malibu Rd Unit A Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,727,000 - $7,265,000

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

Highlights

  • Ocean View
  • Wood Flooring
  • Bungalow
  • Webster Elementary School Rated A
  • Breakfast Area or Nook
  • Picnic Area

About This Home

As of October 2015

Wonderful location on a sandy stretch of Malibu Road. Wood flooring throughout, open floor plan with high ceilings and views to the sunset, inside laundry, one car garage with additional parking for one in driveway in front of your garage. Lower common area to relax and entertain. Short term asking $15k/month.

Last Agent to Rent the Property

Kathryn Bentzen

Coldwell Banker Realty License #01091411 Listed on: 08/31/2015

Coldwell Banker Realty

Co-Listed By

Stephen Udoff

Coldwell Banker Realty License #01870835

Last Renter's Agent

Kathryn Bentzen

Coldwell Banker Realty License #01091411 Listed on: 08/31/2015

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $108,749

Year Built

  • Built in 1959

Lot Details

  • 7,841

Parking

  • 2 Covered Spaces

Home Design

  • Bungalow
  • Entry on the 2nd floor

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $15,000
  • Tenant pays for cable TV, electricity, insurance, move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4459-017-004

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 4 Units
  • Picnic Area

Condo Details

Home Type

Condominium

Est. Annual Taxes

$108,749

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Security Deposit: 15000
  • Tenant Pays: Cable TV, Electricity, Insurance, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Wonderful location on a sandy stretch of Malibu rd. Available in March, tenant occupied. Wood flooring throughout, open floor plan with high ceilings and views to the sunset, inside laundry, one car garage with additional parking for one in driveway in front of your garage. Lower common area to relax and entertain. Move in before the busy summer! Short term asking $15k/month. Please call Listing Agents Stephen Udoff (310)701-6848 Katie Bentzen (310)818-5754
  • Complex Name: 25350 Malibu Rd
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Stories: 1
  • Unit Floor In Building: 2
  • Year Built: 1959
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Picnic Area
  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4459-017-004
  • Geocode Override: No
  • Lot Size Area: 7941

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2016
Sold by
Our Offspring Got Lucky Llc
Bought by
Maniscalco Marc
Current Estimated Value
$6,496,000

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
Outstanding Balance
$3,233,475
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$3,262,525

Purchase Details

Closed on
Feb 17, 2016
Sold by
Maniscalco Marc
Bought by
Maniscalco Marc

Purchase Details

Closed on
Apr 27, 2015
Sold by
Our Offspring Got Lucky Llc
Bought by
Maniscalco Marc

Purchase Details

Closed on
Mar 4, 2011
Sold by
Abadee Geoffrey Ian and Abadee Kay G
Bought by
Our Offspring Got Lucky Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
4.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 16, 2011
Sold by
Pepperdine University
Bought by
Abadee Geoffrey Ian and Abadee Kay G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
4.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 2009
Sold by
Spector Florence Susie and Florence Susie Spector Revocab
Bought by
Pepperdine University

Purchase Details

Closed on
Apr 5, 1995
Sold by
Spector Florence
Bought by
Spector Florence Susie and Florence Susie Spector Revocable Living
Source: Public Records

Range of Values:

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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
Maniscalco Marc $2,264,000 North American Title Co Inc
Maniscalco Marc $850,000 Chicago Title Company
Maniscalco Marc -- Title365 Company
Our Offspring Got Lucky Llc -- Equity Title Company
Abadee Geoffrey Ian -- Equity Title Company
Pepperdine University -- Equity Title
Spector Florence Susie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maniscalco Marc $4,000,000
Previous Owner Our Offspring Got Lucky Llc $4,590,000
Previous Owner Abadee Geoffrey Ian $4,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Rented $6,000 -7.7% --
08/31/2015 08/31/15 For Rent $6,500 -- --
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 $108,749 $9,037,392 $7,564,852 $1,472,540
2024 $108,749 $8,860,189 $7,416,522 $1,443,667
2023 $106,701 $8,686,460 $7,271,100 $1,415,360
2022 $105,303 $8,516,138 $7,128,530 $1,387,608
2021 $102,717 $8,349,155 $6,988,755 $1,360,400
2019 $100,746 $8,101,515 $6,781,465 $1,320,050
2018 $95,863 $7,942,663 $6,648,496 $1,294,167
2016 $72,410 $5,871,694 $5,039,150 $832,544
2015 $63,254 $5,063,521 $4,637,120 $426,401
2014 -- $4,964,335 $4,546,286 $418,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-937143

The MLS

APN: 4459-017-004