Landlord's Agent in 2024
Chris Cortazzo
Compass
(310) 457-3995
32 in this area
226 Total Sales
29740 Baden Place Malibu, CA 90265
Malibu Park Neighborhood
3
Beds
2
Baths
1,503
Sq Ft
$2,629
Price per Sq Ft
Highlights
- Ocean View
- Open Floorplan
- Property is near public transit
- Malibu Elementary School Rated A
- Contemporary Architecture
- Secluded Lot
About This Home
As of November 2024Nestled in a prestigious gated community, this luxury residence invites you in with its meticulously landscaped front yard and spacious two-car garage. Enter into a stunning foyer, where wood-beamed ceilings and rich wood floors set a warm and welcoming tone. Bathed in natural light, the home offers an ideal blend of classic charm and modern convenience.The living room, adorned with wood-beamed ceilings and sleek wood floors, features sliding glass doors that open to the expansive backyard, making it a perfect space for indoor-outdoor living. The room is equipped with a state-of-the-art air conditioning system to ensure year-round comfort. Just off the living room, the kitchen is a culinary dream, featuring quartzite countertops, a large stone island with a hood fan above a five-burner range, and top-of-the-line Viking and Bosch appliances. The kitchen offers breathtaking ocean and Palos Verdes views, creating a serene backdrop for cooking and entertaining.Down the hallway, the first bedroom boasts wood floors, a walk-in closet, an air conditioning unit, and an en-suite bathroom with a shower over a mini tub, plus a custom vanity. Another bedroom in the hallway offers wood floors, accordion doors to the closet, and sliding glass doors leading to the backyard, perfect for enjoying the fresh breeze. Adjacent is a spacious bathroom with double sinks, a vanity, and a shower over the tub, while built-in cabinetry in the hallway provides ample storage for linens and more.The final bedroom at the end of the hall offers a peaceful retreat with ocean views, a cozy reading nook, and a walk-in closet. Its high, wood-beamed ceilings and bay window enhance the room's airy, tranquil atmosphere.Outside, the sprawling backyard offers lush grass lawns and panoramic views of both the ocean and surrounding mountains. With ample parking for three cars, this home combines luxury, comfort, and natural beauty in one exquisite package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,985
Year Built
- Built in 1967
Lot Details
- 0.8 Acre Lot
- Lot Dimensions are 112x285
- Fenced Yard
- Landscaped
- Secluded Lot
- Sprinkler System
- Lawn
- Property is zoned LCRA20000*
Parking
- 2 Car Garage
- Driveway
- Automatic Gate
- Guest Parking
- On-Street Parking
- Unassigned Parking
Property Views
- Ocean
- Mountain
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 1,503 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Recessed Lighting
- Sliding Doors
- Great Room
- Living Room
- Dining Area
- Wood Flooring
Kitchen
- Open to Family Room
- Breakfast Bar
- Oven
- Range with Range Hood
- Freezer
- Kitchen Island
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dressing Area
- 2 Full Bathrooms
- Double Vanity
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Zoned Cooling
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Septic Tank
Additional Features
- Open Patio
- Property is near public transit
Listing and Financial Details
- Security Deposit $10,000
- Tenant pays for cable TV, electricity, trash collection, water, gas
- 12 Month Lease Term
- Assessor Parcel Number 4469-023-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2023
Closed on
Aug 24, 2023
Sold by
Arlene Hoppenfeld Trust
Bought by
Read/Truong Revocable Trust and Read
Seller's Agent
Scott Ange
RE/MAX ONE
List Price
$3,250,000
Sold Price
$2,800,000
Premium/Discount to List
-$450,000
-13.85%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,151,634
Avg. Annual Appreciation
19.74%
Original Mortgage
$2,000,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 6, 2023
Sold by
Hoppenfeld Arlene Perl
Bought by
Arlene Hoppenfeld Trust and Hoppenfeld
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Read/Truong Revocable Trust | $2,800,000 | Lawyers Title | |
| Arlene Hoppenfeld Trust | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Read/Truong Revocable Trust | $500,000 | |
| Open | Read/Truong Revocable Trust | $2,000,000 | |
| Closed | Read/Truong Revocable Trust | $2,000,000 | |
| Previous Owner | Hoppenfeld David A | $430,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/26/2024 11/26/24 | Rented | $9,400 | +4.5% | -- |
| 11/22/2024 11/22/24 | Off Market | $8,995 | -- | -- |
| 11/08/2024 11/08/24 | Price Changed | $8,995 | -10.1% | $6 / Sq Ft |
| 10/25/2024 10/25/24 | For Rent | $10,000 | -4.8% | -- |
| 08/10/2024 08/10/24 | Rented | $10,500 | -4.1% | -- |
| 08/05/2024 08/05/24 | Under Contract | -- | -- | -- |
| 07/09/2024 07/09/24 | Price Changed | $10,950 | -4.8% | $6 / Sq Ft |
| 05/24/2024 05/24/24 | For Rent | $11,500 | 0.0% | -- |
| 09/06/2023 09/06/23 | Sold | $2,800,000 | -13.8% | $1,863 / Sq Ft |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- |
| 07/31/2023 07/31/23 | For Sale | $3,250,000 | -- | $2,162 / Sq Ft |
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 | $32,985 | $2,856,000 | $2,805,000 | $51,000 |
| 2024 | $32,985 | $2,800,000 | $2,750,000 | $50,000 |
| 2023 | $6,413 | $487,468 | $304,675 | $182,793 |
| 2022 | $6,274 | $477,910 | $298,701 | $179,209 |
| 2021 | $6,109 | $468,541 | $292,845 | $175,696 |
| 2019 | $5,981 | $454,646 | $284,160 | $170,486 |
| 2018 | $5,643 | $445,733 | $278,589 | $167,144 |
| 2016 | $5,416 | $428,426 | $267,772 | $160,654 |
| 2015 | $5,341 | $421,991 | $263,750 | $158,241 |
| 2014 | $5,291 | $413,726 | $258,584 | $155,142 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Mark S. Gruskin
Seller's Agent in 2024
Mark S. Gruskin
Westside Estate Agency-Malibu
(310) 317-8202
2 in this area
26 Total Sales
-
Matthew Gruskin
M
Seller Co-Listing Agent in 2024
Matthew Gruskin
Westside Estate Agency-Malibu
(310) 456-1171
5 Total Sales
-
Lily Harfouche
Buyer's Agent in 2024
Lily Harfouche
Compass
(310) 266-7291
1 in this area
20 Total Sales
-
Scott Ange
Seller's Agent in 2023
Scott Ange
RE/MAX ONE
(805) 857-3434
1 in this area
91 Total Sales
Map
Source: The MLS
MLS Number: 24-457059
APN: 4469-023-010
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© 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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