NOT LISTED FOR SALE

28980 Cliffside Dr Malibu, CA 90265

Point Dume Neighborhood

Estimated Value: $6,239,000 - $19,849,784

6 Beds
5 Baths
3,940 Sq Ft
$3,006/Sq Ft Est. Value

Last Sold August 22, 2013

Last sale price $9,608,250 $2,439 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $75,199/month

24 Days on Market

Highlights

  • White Water Ocean Views
  • Gated Parking
  • Den
  • Malibu Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Built-In Features

About This Home

As of August 2013

Enter through gates to this completely private and tranquil paradise. Instantly feel relaxed as you step into this Zen inspired home. This spectacular estate is situated on over 1 acre of park like grounds with approx. 84 +/- feet of ocean bluff frontage. This one of a kind property offers 4 bedrooms on the first level, a separate guest/maids quarters and very private master suite. Stunning ocean views from the open living areas and most bedrooms. Deeded beach access! Situated in one of Malibu's most coveted locations. City of Malibu Septic Operating permit on file. This property is priced to sell!

Last Agent to Sell the Property

James Rapf

Sotheby’s International Realty License #00330600 Listed on: 06/03/2013

Co-Listed By

Jeff Chertow

Pinnacle Estate Properties License #00976750

Last Buyer's Agent

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387

Westside Estate Agency-Malibu

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $133,955

Year Built

  • Built in 1973

Lot Details

  • 1.12 Acre Lot
  • Gated Home
  • Property is zoned LCRA1*

Property Views

  • White Water Ocean
  • Coastline

Home Design

  • Villa

Interior Spaces

  • 3,940 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • Garage
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4466-009-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$133,955

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 3940
  • Stories: 3
  • Year Built: 1973
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 6
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Trash Compactor
  • Price Per S Q F T: 2536.80

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage, Gated

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Sewer: Septic Tank

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4466-009-017
  • Geocode Override: No
  • Lot Size Area: 48996

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Jo Cho and Astani/Cho Living Trust
Bought by
Mooncliff Llc
Current Estimated Value
$11,844,261

Purchase Details

Closed on
Mar 10, 2019
Sold by
Astani Cho Living Trust
Bought by
Astani Cho Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,750,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2013
Closed on
Jul 8, 2013
Sold by
Murphy Brian
Bought by
Astani Sonny and Cho Jo
Seller's Agent
James Rapf
Sotheby’s International Realty
Buyer's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
List Price
$9,995,000
Sold Price
$9,608,250
Premium/Discount to List
-$386,750
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$5,764,950
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 2003
Sold by
Kahan Robert and 28980 Cliffside Drive Family T
Bought by
Murphy Brian and George Malcolmonious Trust

Purchase Details

Closed on
Apr 27, 2000
Sold by
Intercontinental Absurdities
Bought by
Kahan Robert and 28980 Cliffside Drive Family Trust

Purchase Details

Closed on
Mar 26, 1999
Sold by
Absurdities Intercontinental
Bought by
28980 Cliffside Drive Family Trust and Kahan Robert

Purchase Details

Closed on
Sep 27, 1996
Sold by
Landry Ronald L and Landry Margo
Bought by
Absurdities Intercontinental

Purchase Details

Closed on
Sep 17, 1996
Sold by
Landry Ronald L
Bought by
Landry Ronald and Landry Margo
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
Mooncliff Llc -- None Listed On Document
Astani Cho Living Trust -- Servicelink
Astani Sonny $9,608,596 Equity Title
Murphy Brian $5,800,000 California Title Company
Kahan Robert -- Fidelity National Title Co
28980 Cliffside Drive Family Trust -- --
Absurdities Intercontinental $2,400,000 Progressive Title
Landry Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Astani Sonny H $6,600,000
Previous Owner Astani Cho Living Trust $6,750,000
Previous Owner Astani Sonny $6,645,000
Previous Owner Astani Sonny $6,550,000
Previous Owner Astani Sonny $5,764,950
Closed Kahan Robert $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2013 08/22/13 Sold $9,608,250 -3.9% $2,439 / Sq Ft
06/27/2013 06/27/13 Pending -- -- --
06/03/2013 06/03/13 For Sale $9,995,000 -- $2,537 / 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 $133,955 $11,852,355 $11,032,769 $819,586
2024 $133,955 $11,619,957 $10,816,441 $803,516
2023 $131,506 $11,392,115 $10,604,354 $787,761
2022 $129,898 $11,168,741 $10,396,426 $772,315
2021 $126,951 $10,949,747 $10,192,575 $757,172
2019 $123,724 $10,558,673 $9,890,258 $668,415
2018 $117,619 $10,351,641 $9,696,332 $655,309
2016 $113,447 $9,949,675 $9,319,812 $629,863
2015 $111,856 $9,800,222 $9,179,820 $620,402
2014 $110,198 $9,608,250 $9,000,000 $608,250
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    James Rapf

    Sotheby’s International Realty

  • Jeff Chertow

    Seller Co-Listing Agent in 2013

    Jeff Chertow

    Pinnacle Estate Properties

    (310) 456-3469

    1 in this area

    49 Total Sales

    Jeff Chertow
    Section Image
  • Mark S. Gruskin

    Buyer's Agent in 2013

    Mark S. Gruskin

    Westside Estate Agency-Malibu

    (310) 317-8202

    4 in this area

    26 Total Sales

    Mark S. Gruskin
    Section Image
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Map

Source: The MLS

MLS Number: 13-677315

The MLS

APN: 4466-009-017

California Los Angeles County Malibu 90265 Point Dume

28980 Cliffside Dr, Malibu, CA

This home is located at 28980 Cliffside Dr, Malibu, CA 90265 since 03 June 2013 and is currently estimated at $11,844,261, approximately $3,006 per square foot. This property was built in 1973. 28980 Cliffside Dr is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

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