NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,443,000

4 Beds
2.5 Baths
3,578 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2024

Last sale price $1,000,000 $279 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,915 / mo

156 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Gourmet Kitchen
  • Webster Elementary School Rated A
  • Solar Power System
  • 4.14 Acre Lot

About This Home

As of March 2024

Ready-to-Issue (RTI) and SHOVEL READY! Start construction on your dream home tomorrow! This exceptional sale includes TWO LOTS (APN 4453-008-022 & APN 4453-008-019), combining a sprawling expanse of just over 4 acres!! A high-end custom-designed modern architectural masterpiece, perfectly situated in the majestic lower hills of Malibu, offering breathtaking panoramic ocean views. It's only a 7-minute drive from the PCH and a mere 20 minutes from Santa Monica. The building site is thoughtfully equipped with temporary power, staking, a construction trailer permit, and meticulous tree clearance. Water service has already been seamlessly established, complete with approved fire flows. Additionally, the septic system has been diligently serviced, approved, and is already in place. The RTI approval covers a spacious 1,728 sqft interior, complemented by a generous 700 sqft of deck space, with an extraordinary opportunity to construct a remarkable 1,850 sqft addition in a phase two! The proposed enhancements for this property qualify for the coveted "LIP" Exemption through LA County Planning, streamlining the regulatory process. Nestled off Rambla Pacifico, this property offers the appealing option to secure private gate access, enhancing the sense of exclusivity and privacy. Seize this moment to embark on the journey of a lifetime. Your dream home, set against the mesmerizing backdrop of the Malibu landscape, is poised to become a tangible reality. Don't miss out on this unparalleled opportunity.

Last Agent to Sell the Property

Jaydn Meier

Sotheby's International Realty License #02126076 Listed on: 08/09/2023

Sotheby's International Realty

Last Buyer's Agent

Jaydn Meier

Sotheby's International Realty License #02126076 Listed on: 08/09/2023

Sotheby's International Realty

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • 4.14 Acre Lot
  • Property Near a Canyon
  • West Facing Home
  • Gated Home
  • Property is zoned LCR140000*

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Mountain
  • Hills

Home Design

  • Concrete Roof

Interior Spaces

  • 3,578 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Decorative Fireplace
  • Living Room
  • Dining Room
  • Home Gym
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4453-008-022

Home Details

Home Type

Single Family

Lot Details

4.14 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Entry Location: Main Level
  • Living Area: 3578
  • Lot Acreage: 4.1400
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Decorative
  • Appliances: Oven, Convection Oven
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Kitchen Island, Dining Area
  • Kitchen Features: Gourmet Kitchen, Marble Counters, Open to Family Room, Island
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Solar Panels, Refrigerator, Range/Oven, Washer, Microwave, Dryer, Dishwasher, Network Wire, Alarm System, Garbage Disposal
  • Price Per S Q F T: 416.43

Exterior Features

  • Direction Faces: West
  • Construction: Concrete
  • Other Features: High Ceilings (9 Feet+), Balcony
  • Other Structures: None
  • Tennis Court: Room For
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool Description: No Permits
  • Pool: Yes
  • Roof: Concrete
  • Spa Yn: No
  • View: Ocean, Hills, Mountains, Coastline, Panoramic, Catalina
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Water District: Waterworks District 29
  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4453-008-022
  • Lot Description: 2-4 Lots
  • Lot Location: Canyon
  • Lot Size Area: 180189

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Feb 16, 2024
Sold by
Eko Substance One Llc
Bought by
Seller's Agent
Jaydn Meier
Sotheby's International Realty
Buyer's Agent
Jaydn Meier
Sotheby's International Realty
List Price
$1,650,000
Sold Price
$1,000,000
Premium/Discount to List
-$650,000
-39.39%
Views
557
Current Estimated Value
$1,284,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,467
Avg. Annual Appreciation
5.67%

Purchase Details

Listed on
Aug 28, 2018
Closed on
Sep 3, 2019
Sold by
Bridges Jeffrey and Bridges Susan
Bought by
Eko Substance One Llc
Seller's Agent
Tracy Lynn Testin
Sotheby's International Realty
Buyer's Agent
Tanya Starcevich
KW Westside Estates
List Price
$1,200,000
Sold Price
$850,000
Premium/Discount to List
-$350,000
-29.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$740,000 Equity Title
Eko Substance One Llc $850,000 Equity Title Los Angeles
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $1,000,000 -32.9% $279 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
10/24/2023 10/24/23 Price Changed $1,490,000 -9.7% $416 / Sq Ft
10/09/2023 10/09/23 Price Changed $1,650,000 0.0% $461 / Sq Ft
10/09/2023 10/09/23 For Sale $1,650,000 -8.3% $461 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $1,799,000 +111.6% $503 / Sq Ft
09/09/2019 09/09/19 Sold $850,000 -5.0% $529 / Sq Ft View Prior Sale
09/05/2019 09/05/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $895,000 -10.1% $557 / Sq Ft
04/24/2019 04/24/19 Price Changed $995,000 -17.1% $619 / Sq Ft
08/28/2018 08/28/18 For Sale $1,200,000 -- $746 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,341 $769,896 $769,896
2025 $10,341 $754,800 $754,800
2024 $9,010 $683,527 $683,527
2023 $8,733 $670,125 $670,125 $0
2022 $8,567 $656,986 $656,986 $0
2021 $8,345 $644,104 $644,104 $0
2019 $2,071 $97,882 $97,750 $132
2018 $2,018 $95,964 $95,834 $130
2016 $1,868 $92,239 $92,113 $126
2015 $1,844 $90,855 $90,730 $125
2014 $1,859 $89,076 $88,953 $123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-299431

The MLS

APN: 4453-008-022

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