NOT LISTED FOR SALE

26060 Pacific Coast Hwy Unit 1 Malibu, CA 90265

Estimated Value: $3,888,000 - $8,175,000

4 Beds
3 Baths
200 Sq Ft
5,227 Sq Ft Lot

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Furnished
  • Webster Elementary School Rated A
  • Wood Flooring
  • Laundry closet

About This Home

As of July 2013

Tenant now moved out. Rarely available! Summer rental is available:July - August $20K /Mo, Sept - October $15k /MoAmazing Oceanfront 4br/3ba unit right on the water. This unit occupies the entire 1st floor. Remodeled from top to bottom with a fantastic Modern-beachy vibe. New Italian kitchen, Top of the line appliances, White hardwood floors, Bamboo and tile bathrooms. Easy Beach access. Located in central Malibu on a private street off the PCH. Easy access to Santa Monica and the Valley. Everything one could want to enjoy life on the beach in one of the worlds most desired locations. Please do not desturb tenants. PRICE LISTED IS FOR LONG TERM RENTAL ONLY. ALL APMTS, QUESTIONS TO AGENTS LA # ONLY.

Last Agent to Rent the Property

Elizabeth Harandi

Elizabeth Harandi License #01427220 Listed on: 05/01/2013

Last Renter's Agent

Elizabeth Harandi

Elizabeth Harandi License #01427220 Listed on: 05/01/2013

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $81,020

Year Built

  • Built in 1966

Lot Details

  • Ocean Front

Property Views

  • White Water Ocean
  • Coastline
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 200 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • 1 Covered Space
  • Assigned Parking

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $19,000
  • Tenant pays for cable TV, electricity, exterior maintenance, gas, insurance, interior maint, janitorial service, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4459-021-007

Community Details

Overview

  • 3 Units
  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$81,020

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Land Lease Expiration Year: 3000
  • Lease Option: 1
  • Security Deposit: 19000
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Insurance, Interior Maint, Janitorial Service, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: none
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 200
  • Unit Floor In Building: 1
  • Year Built: 1966
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Gas Dryer Hookup, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 47.50

Exterior Features

  • Balcony: beach
  • Tennis Court Y/N: No
  • Exposure: beach
  • Pool: No
  • View: City Lights, Coastline, Ocean, Water, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: beach

Lot Info

  • Assessor Parcel Number: 4459-021-007
  • Geocode Override: No
  • Lot Size Area: 5608

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Seror David and Harandi Farshad
Bought by
Capri Equities Lp
Current Estimated Value
$6,170,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,690,000
Outstanding Balance
$4,286,093
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$2,721,999

Purchase Details

Closed on
Jan 9, 2018
Sold by
Harandi Farshad F
Bought by
Falcon Beverly Hills Llc

Purchase Details

Closed on
Jun 28, 2017
Sold by
Harandi Farshad F
Bought by
West H & A Llc

Purchase Details

Closed on
Jun 26, 2002
Sold by
Harandi Elizabeth A
Bought by
Harandi Farshad F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,251,250
Interest Rate
7.25%

Purchase Details

Closed on
May 24, 2002
Sold by
Cavalleri Maria
Bought by
Harandi Farshad F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,251,250
Interest Rate
7.25%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Cavalieri Maria
Bought by
Cavalieri Maria and The Maria Cavalieri 2001 Revocable Trust

Purchase Details

Closed on
Jun 27, 2001
Sold by
Cavalieri Maria
Bought by
Cavalieri Maria and The Maria Cavalieri 2001 Revocable Trust

Purchase Details

Closed on
Apr 25, 2000
Sold by
Lillian P Cavalieri Trust and Maria
Bought by
Cavalieri Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
8.23%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Cavalieri Lillian
Bought by
Lillian P Cavalieri Living Revocable Tr
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
Capri Equities Lp $6,700,000 First American Title Company O
Falcon Beverly Hills Llc $1,631,500 None Available
West H & A Llc $449,102,618 None Available
Harandi Farshad F -- Fidelity National Title Ins
Harandi Farshad F $1,925,000 Fidelity National Title Ins
Cavalieri Maria -- --
Cavalieri Maria -- --
Cavalieri Maria -- First American Title Ins
Lillian P Cavalieri Living Revocable Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capri Equities Lp $4,690,000
Previous Owner Harandi Farshad $250,000
Previous Owner Harandi Farshad F $500,000
Previous Owner Harandi Farshad F $3,250,000
Previous Owner Harandi Farshad F $500,000
Previous Owner Harandi Farshad F $1,457,000
Previous Owner Harandi Farshad F $1,457,000
Previous Owner Harandi Farshad F $250,000
Previous Owner Harandi Farshad F $1,454,000
Previous Owner Harandi Farshad F $1,251,250
Previous Owner Cavalieri Maria $306,000
Closed Harandi Farshad F $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2013 07/30/13 Rented $8,500 -10.5% --
07/30/2013 07/30/13 Under Contract -- -- --
05/01/2013 05/01/13 For Rent $9,500 +16.6% --
05/13/2012 05/13/12 Rented $8,150 -4.1% --
05/13/2012 05/13/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $8,500 -- --
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 $81,020 $7,110,092 $6,064,272 $1,045,820
2024 $81,020 $6,970,679 $5,945,365 $1,025,314
2023 $79,524 $6,834,000 $5,828,790 $1,005,210
2022 $78,529 $6,700,000 $5,714,500 $985,500
2021 $30,766 $2,575,715 $2,207,765 $367,950
2019 $30,165 $2,499,321 $2,142,283 $357,038
2018 $28,571 $2,450,316 $2,100,278 $350,038
2016 $27,480 $2,355,170 $2,018,723 $336,447
2015 $27,076 $2,319,794 $1,988,400 $331,394
2014 $26,720 $2,274,353 $1,949,450 $324,903
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Harandi

    Landlord's Agent in 2013

    Elizabeth Harandi

    Elizabeth Harandi

    (310) 869-3002

    Elizabeth Harandi
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Map

Source: The MLS

MLS Number: 13-669189

The MLS

APN: 4459-021-007

California Los Angeles County Malibu 90265

26060 Pacific Coast Hwy Unit 1, Malibu, CA

This home is located at 26060 Pacific Coast Hwy Unit 1, Malibu, CA 90265 since 01 May 2013 and is currently priced at $6,170,528. This property was built in 1966. 26060 Pacific Coast Hwy Unit 1 is a home located in Los Angeles County with nearby schools including Webster Elementary School, Malibu Middle School, and Malibu High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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