NOT LISTED FOR SALE

26060 Pacific Coast Hwy Malibu, CA 90265

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

10 Beds
9 Baths
6,118 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $6,700,000 $1,095 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $40,374/month

389 Days on Market

Highlights

  • Ocean View
  • Contemporary Architecture
  • No HOA
  • Webster Elementary School Rated A
  • Family Room with Fireplace
  • Built-In Features

About This Home

As of September 2021

Subject to U.S. Bankruptcy Court Approval. Three beach front units at Corral. Includes three single car garages. Notice of violation recorded on this property for modifications without permit. Please do not disturb occupants. *There is a discrepancy in the records as to the bedroom and bathroom Count and the square footage. INTERESTED PARTIES CAN OVERBID FOR A MIN BID OF NOT LESS THAN $7,000,000 ON 8/17/21 AT 11:30A.M. VIA ZOOM IN BANKRUPTCY COURT. YOU MUST NOTIFY TRUSTEE YOUR INTENT TO BID NO LATER THAN ONE CALENDAR DAY BEFORE THE HEARING AND PROVIDE PROOF OF FINANCIAL ABILITY TO CLOSE ESCROW UNCONDITIONALLY IN A FORM ACCEPTABLE TO TRUSTEE . YOU MUST APPEAR VIA ZOOM IN ORDER TO PARTICIPATE IN THE OVERBID PROCESS AND ZOOM DETAILS WILL BE PROVIDED. NO LATER THAN 8/13/21 BY 5:00 P.M., YOU MUST DELIVER A CASHIERS CHECK IN AMOUNT OF $501,000 PAYABLE TO DAVID SEROR, CHAPTER 7 TRUSTEE. BIDDERS MUST WAIVE ALL CONTINGENCIES. BIDDERS WILL NEED TO REVIEW ALL DISCLOSURES AND MOTION TO APPROVE SALE OF REAL PROPERTY WHICH WILL BE PROVIDED BY LISTING AGENT.

Last Agent to Sell the Property

Lisa Saver

Sotheby's International Realty License #01203202 Listed on: 05/29/2020

Last Buyer's Agent

Diane Peterson

Coldwell Banker Realty License #00719496

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,020

Year Built

  • Built in 1966

Lot Details

  • 5,608 Sq Ft Lot
  • Property is zoned LCR3*

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Ice Maker
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4459-021-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,020

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Stories: 3
  • Year Built: 1966
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Mixed
  • Bedrooms: 10
  • Fireplaces: 3
  • Full Bathroom: 9
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area, Laundry Closet Stacked
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Ice Maker
  • Fireplace: Yes

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Ceiling Fan, Central
  • Heating: Central
  • Sewer: Septic Tank

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4459-021-007
  • Lot Size Area: 5608

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2020
Closed on
Aug 23, 2021
Sold by
Seror David and Harandi Farshad
Bought by
Capri Equities Lp
Seller's Agent
Lisa Saver
Sotheby's International Realty
Buyer's Agent
Diane Peterson
Coldwell Banker Realty
List Price
$6,995,000
Sold Price
$6,700,000
Premium/Discount to List
-$295,000
-4.22%
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.
Estimated Appreciation
-$529,472
Avg. Annual Appreciation
-2.09%
Original Mortgage
$4,690,000
Outstanding Balance
$4,286,093
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$1,884,435

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
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
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
09/24/2021 09/24/21 Sold $6,700,000 -4.3% $1,095 / Sq Ft
07/31/2021 07/31/21 Price Changed $7,000,000 +4.6% $1,144 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $6,695,000 -4.3% $1,094 / Sq Ft
06/16/2021 06/16/21 Price Changed $6,995,000 0.0% $1,143 / Sq Ft
06/16/2021 06/16/21 For Sale $6,995,000 +20.6% $1,143 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
05/29/2020 05/29/20 For Sale $5,800,000 -- $948 / 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 $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

  • Lisa Saver

    Seller's Agent in 2021

    Lisa Saver

    Sotheby's International Realty

    (310) 804-8607

    28 Total Sales

    Lisa Saver
    Section Image
  • Diane Peterson

    Buyer's Agent in 2021

    Diane Peterson

    Coldwell Banker Realty

    (310) 804-6655

    17 Total Sales

    Diane Peterson
    Section Image
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Map

Source: The MLS

MLS Number: 20-584408

The MLS

APN: 4459-021-007

California Los Angeles County Malibu 90265

26060 Pacific Coast Hwy, Malibu, CA

This home is located at 26060 Pacific Coast Hwy, Malibu, CA 90265 since 29 May 2020 and is currently estimated at $6,170,528, approximately $1,008 per square foot. This property was built in 1966. 26060 Pacific Coast Hwy 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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