NOT LISTED FOR SALE

25422 Malibu Rd Unit 2 Malibu, CA 90265

Malibu Road Neighborhood

Estimated Value: $5,745,835 - $5,976,000

2 Beds
3 Baths
2,879 Sq Ft
8,276 Sq Ft Lot

Highlights

  • White Water Ocean Views
  • Above Ground Spa
  • Cape Cod Architecture
  • Webster Elementary School Rated A
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom

About This Home

As of March 2018

Available now! Rare, sophisticated & luxurious penthouse on sandy Malibu Road. Gated entry opens to dramatic high ceilings, beautiful hard wood floors, and crown moldings throughout. Living room with fireplace and expansive decks. Large state of the art island kitchen with marble counter tops and stainless steel appliances opening out to ocean view dining area. Romantic ocean front master suite with fireplace and deck with private spa. Large guest suite with bathroom. Media room or convertible 3rd bedroom with Murphy bed adjacent to full bath/powder room. Spacious 2 car garage. Perfect for your VIP & celebrity clients looking for a Summer in Malibu. $25,000 per Month off season and $35,000 per Month for Summer. LEASED JUNE 1, 2018 - AUGUST 31, 2018.

Last Agent to Rent the Property

Sandro Dazzan

The Agency License #01418033 Listed on: 04/04/2017

The Agency

Co-Listed By

Irene Dazzan

The Agency License #00597226

Last Renter's Agent

Gina Dickerson

Westside Estate Agency Inc. License #01927834

Westside Estate Agency Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $53,889

Year Built

  • Built in 1984

Lot Details

  • 8,276

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,879 Sq Ft Home
  • Furnished
  • Built-In Features
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking

Additional Features

  • Above Ground Spa
  • Central Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $25,000
  • Tenant pays for electricity, gas, water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 4459-017-035

Condo Details

Home Type

Condominium

Est. Annual Taxes

$53,889

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 25000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: Month To Month
  • Living Area: 2879
  • Year Built: 1984
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Family Kitchen
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 8.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Above Ground, Private
  • Spa Yn: Yes
  • View: Coastline, Ocean, Water, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Garage - 2 Car, On street

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4459-017-035
  • Geocode Override: No
  • Lot Size Area: 8564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2011
Sold by
Gold Eric L and Gold Marcy K
Bought by
Smith Arthur Andrew and Smith Wendy Lee
Current Estimated Value
$5,885,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2004
Sold by
Maler Lewis R and Maler Separate Propert Lewis R
Bought by
Gold Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Interest Rate
3.91%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 11, 2000
Sold by
Maler Lewis R
Bought by
Maler Lewis R and Lewis R Maler Separate Property Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.41%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 30, 1994
Sold by
Maler Lewis R
Bought by
Maler Lewis R and Lewis R Maler Separate Property Trust

Purchase Details

Closed on
Dec 22, 1993
Sold by
Maler Lewis R
Bought by
Maler Lewis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.98%
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
Smith Arthur Andrew $3,750,037 Equity Title Company
Gold Eric L $3,150,000 Southland Title
Maler Lewis R -- Southland Title
Maler Lewis R -- --
Maler Lewis R -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Arthur Andrew $823,717
Closed Smith Arthur Andrew $1,100,000
Previous Owner Gold Eric L $1,787,500
Previous Owner Maler Lewis R $988,899
Previous Owner Maler Lewis R $100,000
Previous Owner Maler Lewis R $321,345
Previous Owner Maler Lewis R $1,000,000
Previous Owner Maler Lewis R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2018 03/22/18 Rented $35,000 +40.0% --
08/29/2017 08/29/17 Price Changed $25,000 -28.6% $9 / Sq Ft
04/04/2017 04/04/17 For Rent $35,000 -- --
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 $53,889 $4,710,204 $3,768,167 $942,037
2024 $53,889 $4,617,848 $3,694,282 $923,566
2023 $52,928 $4,527,303 $3,621,846 $905,457
2022 $52,283 $4,438,533 $3,550,830 $887,703
2021 $51,091 $4,351,504 $3,481,206 $870,298
2019 $50,101 $4,222,438 $3,377,952 $844,486
2018 $47,608 $4,139,646 $3,311,718 $827,928
2016 $45,903 $3,978,901 $3,183,121 $795,780
2015 $45,288 $3,919,135 $3,135,308 $783,827
2014 $44,596 $3,842,365 $3,073,892 $768,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-217754

The MLS

APN: 4459-017-035