NOT LISTED FOR SALE

26170 Pacific Coast Hwy Unit 3 Malibu, CA 90265

Estimated Value: $3,511,515 - $4,167,000

3 Beds
2.5 Baths
1,887 Sq Ft
$1,000/mo HOA Fee

Last Sold September 25, 2018

Last sale price $2,710,000 $1,436 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $25,147/month

42 Days on Market

Highlights

  • White Water Ocean Views
  • 24-Hour Security
  • Contemporary Architecture
  • Webster Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Sauna

About This Home

As of September 2018

Stunning beachfront condo located in central Malibu boasting sweeping, straight on ocean views of the coastline. The home features an open floor plan with a spacious living area that flows to a beautiful patio overlooking the ocean. Additional features include custom arched doorways, custom lighting throughout, two fireplaces, beautiful common area with ample space for entertaining, two private parking space and beach access.

Last Agent to Sell the Property

Santiago Arana

The Agency License #01492489 Listed on: 06/06/2018

The Agency

Co-Listed By

Anthony Barsocchini

The Beverly Hills Estates License #01740716

Last Buyer's Agent

Santiago Arana

The Agency License #01492489 Listed on: 06/06/2018

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,695

Year Built

  • Built in 1975

Lot Details

  • 8,276

HOA Fees

  • $1,000 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Intercom
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Parking Garage Space

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Open Patio
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 4459-021-018

Community Details

Overview

  • 4 Units

Amenities

  • Community Barbecue Grill
  • Sauna

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,695

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Malibu Point Condo
  • Entry Floor: 1
  • Living Area: 1887
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1975
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Stone
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Intercom, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1430.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights, Coastline, Ocean, Panoramic, Water, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Door Opener, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Sauna, Security
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1000.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Flood
  • Assessor Parcel Number: 4459-021-018
  • Geocode Override: No
  • Lot Size Area: 8349

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Sep 17, 2018
Sold by
Tic Investment Co
Bought by
Waljeski Thomas
Seller's Agent
Santiago Arana
The Agency
Buyer's Agent
Santiago Arana
The Agency
List Price
$2,700,000
Sold Price
$2,710,000
Premium/Discount to List
$10,000
0.37%
Current Estimated Value
$3,901,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,172
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,500,000
Outstanding Balance
$936,149
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,177,046

Purchase Details

Closed on
Apr 25, 2008
Sold by
Bowyer Jimmy Don
Bought by
Tic Investment Co

Purchase Details

Closed on
Apr 13, 2004
Sold by
Childers Greer
Bought by
Bowyer Jimmy Don

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
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2003
Sold by
Lappi Wayne R
Bought by
Childers Greer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2000
Sold by
Myers Thomas
Bought by
Lappi Wayne R and Lappi Paula K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
3.95%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Myers Lori Michelle
Bought by
Myers Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.01%
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
Waljeski Thomas $2,710,000 Equity Title Company
Tic Investment Co -- First American Title Ins Co
Bowyer Jimmy Don $2,200,000 Fidelity National Title Co
Childers Greer $1,830,000 Fidelity National Title Co
Lappi Wayne R $1,100,000 Equity Title Company
Myers Thomas -- American Coast Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waljeski Thomas $1,500,000
Previous Owner Bowyer Jimmy Don $1,100,000
Previous Owner Childers Greer $750,000
Previous Owner Lappi Wayne R $880,000
Previous Owner Lappi Wayne R $100,000
Previous Owner Lappi Wayne R $825,000
Previous Owner Lappi Wayne R $825,000
Previous Owner Myers Thomas $11,222
Previous Owner Myers Thomas $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $2,710,000 +0.4% $1,436 / Sq Ft
07/18/2018 07/18/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $2,700,000 -- $1,431 / 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 $34,695 $3,023,053 $2,788,796 $234,257
2024 $34,695 $2,963,778 $2,734,114 $229,664
2023 $34,072 $2,905,665 $2,680,504 $225,161
2022 $33,650 $2,848,693 $2,627,946 $220,747
2021 $32,873 $2,792,837 $2,576,418 $216,419
2020 $32,687 $2,764,200 $2,550,000 $214,200
2019 $32,230 $2,710,000 $2,500,000 $210,000
2018 $43,626 $3,809,543 $3,463,225 $346,318
2017 $43,441 $3,734,847 $3,395,319 $339,528
2016 $34,526 $2,995,700 $2,396,600 $599,100
2015 $34,548 $2,995,700 $2,396,600 $599,100
2014 $29,068 $2,500,000 $2,000,000 $500,000
Source: Public Records

Agents Affiliated with this Home

  • Santiago Arana

    Seller's Agent in 2018

    Santiago Arana

    The Agency

    (310) 926-9808

    99 Total Sales

    Santiago Arana
    Section Image
  • Anthony Barsocchini

    Seller Co-Listing Agent in 2018

    Anthony Barsocchini

    The Beverly Hills Estates

    (310) 383-2219

    17 Total Sales

    Anthony Barsocchini
    Section Image
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Map

Source: The MLS

MLS Number: 18-351674

The MLS

APN: 4459-021-018

California Los Angeles County Malibu 90265

26170 Pacific Coast Hwy Unit 3, Malibu, CA

This home is located at 26170 Pacific Coast Hwy Unit 3, Malibu, CA 90265 since 06 June 2018 and is currently estimated at $3,901,172, approximately $2,067 per square foot. This property was built in 1975. 26170 Pacific Coast Hwy Unit 3 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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