NOT LISTED FOR SALE

26054 Pacific Coast Hwy Unit 2 Malibu, CA 90265

Estimated Value: $3,555,000 - $5,784,000

2 Beds
2 Baths
1,629 Sq Ft
$2,788/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $4,750,000 $2,916 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $30,362/month

25 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Webster Elementary School Rated A
  • Oceanside
  • Atrium Room

About This Home

As of June 2022

No Showings until March 1, 2022. Ready for you to make your own memories. Well priced Oceanfront townhouse in two unit building. Oceanfront Master has on suite bath, Fireplace and large private deck with miles of ocean and Catalina views. Electric shades in Master, Living Room and on the large skylight over the two story entry. High quality construction and diligent maintenance offers the buyer a ready to enjoy home. Dual Pane windows and Fleetwood sliding doors. Stairs from the garage level to the sand and surf. Great beach for SUP or snorkeling. Beach level has a changing cabana with shower for after your swim and ample Beach toy storage. First time on the market in close to 30 years. Property has full security. Price does not include the Art but individual pieces may be available for purchase. Association fees are collected annually on an, as needed, basis and have averaged about $10,000 annually over the last 3 years.

Last Agent to Sell the Property

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 02/19/2022

Pinnacle Estate Properties

Last Buyer's Agent

Paul Grisanti

Pinnacle Estate Properties License #00621552 Listed on: 02/19/2022

Pinnacle Estate Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $57,380

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 4,976 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • End Unit
  • South Facing Home
  • Wood Fence

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Driveway
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Flat Roof Shape
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,629 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Skylights
  • Track Lighting
  • Double Pane Windows
  • Tinted Windows
  • Custom Window Coverings
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Atrium Room
  • Utility Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Oceanside
  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Overhead Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Central Water Heater
  • Gravity Septic Field
  • Aerobic Septic System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4459-021-023

Community Details

Overview

  • Association fees include insurance, building and grounds
  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Community Storage Space
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$57,380

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$833 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: No Showings until March 1, 2022. Ready for you to make your own memories. Well priced Oceanfront townhouse in two unit building. Oceanfront Master has on suite bath, Fireplace and large private deck with miles of ocean and Catalina views. Electric shades in Master, Living Room and on the large skylight over the two story entry. High quality construction and diligent maintenance offers the buyer a ready to enjoy home. Dual Pane windows and Fleetwood sliding doors. Stairs from the garage level to the sand and surf. Great beach for SUP or snorkeling. Beach level has a changing cabana with shower for after your swim and ample Beach toy storage. First time on the market in close to 30 years. Property has full security. Price does not include the Art but individual pieces may be available for purchase.
  • Complex Name: 26054
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Exclusions: Art and furnishings
  • Living Area: 1629
  • Lot Acreage: 0.1142
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1980
  • Number Of Photos: 49
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Drywall Walls, Track Lighting, Sunken Living Room, Storage Space, Mirrored Closet Door(s), Living Room Balcony, High Ceilings (9 Feet+)
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Wood, Hardwood
  • Appliances: Built-In And Free Standing, Built-In Gas, Continuous Clean Oven, Cooktop - Gas, Oven, Microwave
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, Master Bedroom, Master Retreat, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Remodeled, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Formal Dining Rm
  • Kitchen Features: Ceramic Counters, Remodeled, Quartz Counters
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Inclusions: Washer, Dryer, TV in Master
  • Price Per S Q F T: 3066.00
  • Windows: Custom Window Covering, Double Pane Windows, Drapes/Curtains, Skylights, Screens, Tinted Windows

Exterior Features

  • Balcony: LR & MB
  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Balcony, End Unit, High Ceilings (9 Feet+), Full Copper Plumbing, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Exposure: South
  • Fence: Wood
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: Coastline, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Built-In Storage, Community Garage, Garage - 2 Car, Garage Is Attached, Private Garage, Side By Side, Parking for Guests - Onsite, Parking for Guests, Driveway - Combination
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water District: LA Co. Waterworks District #29
  • Water Heater: Central Water Heater, Gas
  • Earth Quake Ins: 0
  • Heating: Forced Air, Natural Gas, Fireplace
  • Security: Carbon Monoxide Detector(s), Owned
  • Sewer: Aerobic Septic, Gravity Septic Field, Septic Tank
  • Water: Water District, District, Meter on Property, Public

Association/Amenities

  • Amenities: Extra Storage
  • Pet Rules: Call, Pets Permitted

Condo/Co-op/Association

  • Assessments: none
  • HOA Fee Frequency: Annually
  • Association Fees Include: Insurance, Building and Grounds
  • HOA Fees: 10000.00
  • HOA: Yes
  • Unit Location: East side

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Horses: No
  • Assessor Parcel Number: 4459-021-023
  • Lot Description: 2-4 Lots, Lot Shape-Rectangular, Street Asphalt, Street Paved, Utilities - Overhead, Utilities Underground
  • Lot Location: Beach Front, Water Front, On Navigable Water, Ocean Side Of Highway 1, Ocean Front
  • Lot Size Area: 4976

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 2

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2022
Closed on
May 13, 2022
Sold by
Richard And Lois Neiter Family Trust
Bought by
Steve And Pouneh Aminian Trust
Seller's Agent
Paul Grisanti
Pinnacle Estate Properties
Buyer's Agent
Paul Grisanti
Pinnacle Estate Properties
List Price
$4,995,000
Sold Price
$4,750,000
Premium/Discount to List
-$245,000
-4.9%
Current Estimated Value
$4,541,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$208,232
Avg. Annual Appreciation
-6.50%
Original Mortgage
$2,400,000
Outstanding Balance
$2,242,331
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$1,590,687
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
Steve And Pouneh Aminian Trust $4,750,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steve And Pouneh Aminian Trust $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $4,750,000 -4.9% $2,916 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $4,995,000 -- $3,066 / Sq Ft
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 $57,380 $5,040,738 $1,857,114 $3,183,624
2024 $57,380 $4,941,900 $1,820,700 $3,121,200
2023 $56,302 $4,845,000 $1,785,000 $3,060,000
2022 $14,874 $1,225,258 $914,867 $310,391
2021 $14,529 $1,201,234 $896,929 $304,305
2019 $14,239 $1,165,607 $870,327 $295,280
2018 $13,532 $1,142,753 $853,262 $289,491
2016 $13,028 $1,098,380 $820,130 $278,250
2015 $12,830 $1,081,882 $807,811 $274,071
2014 $12,669 $1,060,691 $791,988 $268,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-129533

The MLS

APN: 4459-021-023