Landlord's Agent in 2014
Dale Pearson
Coldwell Banker Realty
(310) 779-0547
11 Total Sales
29215 Cliffside Dr Unit 2 Malibu, CA 90265
Estimated Value: $6,247,000 - $10,971,378
3
Beds
4
Baths
2,363
Sq Ft
1.07
Acres
Highlights
- Gated Parking
- Wood Flooring
- Mediterranean Architecture
- Malibu Elementary School Rated A
- Park or Greenbelt View
- Covered Patio or Porch
About This Home
As of March 2014Incredible 3br, 4ba lease at one of the most coveted locations on Pt. Dume. Private, gated entrance to two car garage. Living room, dining and family room plus a beautiful outdoor living space. This is a guest house for a major estate on Cliffside with the entrance off Dume Drive.
Last Agent to Rent the Property
Coldwell Banker Realty License #00858150 Listed on: 03/02/2014
Condo Details
Home Type
- Condominium
Year Built
- Built in 1957
Lot Details
- 1.07
Home Design
- Mediterranean Architecture
- Entry on the 1st floor
- Tile Roof
Interior Spaces
- 2,363 Sq Ft Home
- 1-Story Property
- Built-In Features
- Family Room
- Living Room with Fireplace
- Dining Area
- Park or Greenbelt Views
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Side by Side Parking
- Garage Door Opener
- Gated Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Security Deposit $11,000
- Tenant pays for electricity, gas, water
- Negotiable Lease Term
- Assessor Parcel Number 4468-003-005
Community Details
Overview
- 2 Units
Amenities
- Sundeck
- Service Entrance
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2023
Sold by
Cliffside Dume Llc
Bought by
Cliffside Casa Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,963,685
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$6,909,441
Purchase Details
Closed on
Feb 24, 2016
Sold by
Properties Gb7
Bought by
The Cliffside Dume Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,350,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2014
Sold by
Kang Young Hwa and Kang Family Trust
Bought by
Properties Gb7
Purchase Details
Closed on
Apr 11, 2007
Sold by
Kang Kil Sun F and The Kang Family Trust
Bought by
Kang Kil Sun and Kang Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.11%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 10, 1994
Sold by
Kang Kil Sun and Kang Jae Soon
Bought by
The Kang Family Trust
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cliffside Casa Llc | $7,750,000 | Equity Title Company | |
| The Cliffside Dume Llc | $5,600,000 | None Available | |
| Properties Gb7 | -- | Equity Title | |
| Kang Kil Sun | -- | Accommodation | |
| The Kang Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cliffside Casa Llc | $2,000,000 | |
| Previous Owner | The Cliffside Dume Llc | $8,350,000 | |
| Previous Owner | Kang Kil Sun | $265,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/10/2014 03/10/14 | Rented | $5,500 | 0.0% | -- |
| 03/10/2014 03/10/14 | Under Contract | -- | -- | -- |
| 03/02/2014 03/02/14 | For Rent | $5,500 | +10.0% | -- |
| 10/09/2012 10/09/12 | Rented | $5,000 | -9.1% | -- |
| 10/09/2012 10/09/12 | Under Contract | -- | -- | -- |
| 08/03/2012 08/03/12 | For Rent | $5,500 | +5.8% | -- |
| 03/30/2012 03/30/12 | Rented | $5,200 | -5.4% | -- |
| 03/30/2012 03/30/12 | Under Contract | -- | -- | -- |
| 03/12/2012 03/12/12 | For Rent | $5,495 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 | $76,538 | $7,905,000 | $7,854,000 | $51,000 |
| 2024 | $76,538 | $6,499,274 | $5,802,926 | $696,348 |
| 2023 | $75,139 | $6,371,839 | $5,689,144 | $682,695 |
| 2022 | $74,236 | $6,246,902 | $5,577,593 | $669,309 |
| 2021 | $72,489 | $6,124,415 | $5,468,229 | $656,186 |
| 2020 | $72,082 | $6,061,618 | $5,412,160 | $649,458 |
| 2019 | $71,098 | $5,942,764 | $5,306,040 | $636,724 |
| 2018 | $66,970 | $5,826,240 | $5,202,000 | $624,240 |
| 2016 | $87,322 | $7,614,375 | $6,091,500 | $1,522,875 |
| 2015 | $86,156 | $7,500,000 | $6,000,000 | $1,500,000 |
| 2014 | $19,760 | $1,643,689 | $591,094 | $1,052,595 |
Source: Public Records
Agents Affiliated with this Home
-
Dale Pearson
-
Shen Schulz
Tenant's Agent in 2014
Shen Schulz
Sotheby's International Realty
(310) 980-8809
83 Total Sales
-
Bill Moss
B
Buyer's Agent in 2012
Bill Moss
Coldwell Banker Realty
(310) 457-6550
84 Total Sales
-
Michael Cunningham
Buyer's Agent in 2012
Michael Cunningham
Pinnacle Estate Properties
(310) 985-9340
21 Total Sales
Map
Source: The MLS
MLS Number: 14-741397
APN: 4468-003-005
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