NOT LISTED FOR SALE

Estimated Value: $3,527,916 - $4,579,000

4 Beds
3.5 Baths
2,662 Sq Ft
$1,574/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Cape Cod Architecture
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Dining Room with Fireplace
  • Furnished

About This Home

As of March 2024

A quintessential beach cottage on the eastern end of Malibu's famed Broad Beach! This casual coastal retreat boasts approx. 50 feet of frontage and is situated on one of the sandiest sections of beach in Malibu. Lush garden pathways lead you indoors to a light-filled living room with views of the ocean and sandy backyard through floor-to-ceiling windows. Outside, enjoy beachfront living on the large entertaining deck and an enclosed sandy beach with multiple seating and lounge areas, a BBQ, fire pit, two outdoor showers, and private steps to the shoreline. A formal dining area with plentiful seating includes a wet bar, high vaulted ceilings, corner benches, and a rustic stone wood-burning fireplace with two attached reading nooks. Exposed wood beam, brick accents, and newly refinished wood floors add charm and character throughout the home. The kitchen is equipped with a breakfast bar, SubZero fridge, Viking stovetop and hood, ample built-in storage, and skylights. Upstairs, the entire second level is dedicated to the master suite and includes new flooring, floor-to-ceiling windows, high vaulted ceilings, and French doors that lead out to a large deck with sweeping 180-degree ocean, whitewater, and coastline views. The master bathroom features a deep soaking tub and dual sinks and closets. There are three additional bedrooms on the entry-level, one en-suite, and the other two share a Jack-and-Jill bathroom. Parking is available in the 2-car garage and driveway that can fit up to 4 cars. Trancas Country Market is conveniently located across the street with Vintage Market, Starbucks, shops, restaurants, and more. The ideal oceanfront lease to enjoy the Malibu lifestyle! Available now! Long-Term/Off-Season: $25k/mo, June/September: $35k/mo, July/August: $40k/mo.

Last Agent to Rent the Property

Nikki Hutcheson

Compass License #02121282 Listed on: 03/04/2024

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Last Renter's Agent

Tony Mark

Compass License #01205648

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 50x348
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,662 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Room with Fireplace

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating

Listing and Financial Details

  • Security Deposit $50,000
  • Tenant pays for gas, cable TV, electricity, water, trash collection
  • Negotiable Lease Term
  • Assessor Parcel Number 4469-026-012

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 50000
  • Tenant Pays: Gas, Cable TV, Electricity, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 2662
  • Lot Acreage: 0.5007
  • Lot Dimensions: 50x348
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Hardwood, Tile, Laminate
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Washer, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 9.39

Exterior Features

  • Pool: No
  • View: Water, White Water, Coastline, Panoramic, Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 6

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4469-026-012
  • Lot Size Area: 21810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Feb 6, 2024
Sold by
Finegood Family Trust
Bought by
Finegood Bonnie
Seller's Agent
Nikki Hutcheson
Compass
Buyer's Agent
Tony Mark
Compass
Sold Price
$25,000
Views
6
Current Estimated Value
$4,190,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,165,305
Original Mortgage
$2,000,000
Outstanding Balance
$1,960,789
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$2,229,516

Purchase Details

Closed on
Oct 6, 2006
Sold by
Finegood Rachel Rae and Finegood Family Trust
Bought by
Finegood Rachel Rae and Trust Two

Purchase Details

Closed on
Jul 20, 2005
Sold by
Finegood Rachel Rae and Trust 3 Of The Finegood Family
Bought by
Finegood Rachel Rae and Trust 2 Of The Finegood Family Trust

Purchase Details

Closed on
Dec 15, 2003
Sold by
Finegood Rachel Rae and Finegood Family Trust
Bought by
Finegood Rachel Rae and Trust 3 Of The Finegood Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Finegood Bonnie -- Fidelity National Title
Finegood Rachel Rae -- None Available
Finegood Rachel Rae -- --
Finegood Rachel Rae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finegood Bonnie $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Rented $25,000 0.0% --
03/18/2024 03/18/24 Under Contract -- -- --
03/04/2024 03/04/24 For Rent $25,000 -16.7% --
10/10/2023 10/10/23 Rented $30,000 +9.1% --
10/06/2023 10/06/23 Under Contract -- -- --
09/07/2023 09/07/23 For Rent $27,500 0.0% --
03/20/2023 03/20/23 Rented $27,500 0.0% --
02/09/2023 02/09/23 For Rent $27,500 +17.0% --
11/03/2022 11/03/22 Rented $23,500 -6.0% --
10/31/2022 10/31/22 Under Contract -- -- --
09/14/2022 09/14/22 For Rent $25,000 -- --
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 $51,556 $11,619,528 $10,748,371 $871,157
2024 $51,556 $696,150 $575,275 $120,875
2023 $51,299 $682,501 $563,996 $118,505
2022 $49,487 $669,120 $552,938 $116,182
2021 $46,089 $656,001 $542,097 $113,904
2019 $44,471 $636,546 $526,019 $110,527
2018 $43,412 $624,065 $515,705 $108,360
2016 $37,585 $599,834 $495,681 $104,153
2015 $37,128 $590,825 $488,236 $102,589
2014 $28,072 $579,253 $478,673 $100,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-364729

The MLS

APN: 4469-026-012