NOT LISTED FOR SALE

31012 Broad Beach Rd Malibu, CA 90265

Broad Beach Neighborhood

Estimated Value: $6,130,000 - $17,633,828

4 Beds
5 Baths
2,280 Sq Ft
$4,760/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $8,000,000 $3,509 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $70,561/month

360 Days on Market

Highlights

  • Ocean Front
  • Detached Guest House
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Spa
  • Traditional Architecture

About This Home

As of November 2013

Located on the best section of Broad Beach Road and completely remodeled and updated. The perfect Malibu beach house featuring incredible taste, quality, and style throughout. Dark walnut floors and French doors with true indoor/outdoor feeling create the perfect entertaining flow. 3 bedrooms and 4 baths in the main house with a separate guest house with bath. The master suite spans the entire width and has beautiful dual baths. Very large decks, perfect for large scale entertaining. Grassy yard with BBQ and patio. Very private with mature landscaping. Sandy duned yard and beach. Sunrise to sunset, and whitewater views.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 11/06/2012

Westside Estate Agency Inc.

Last Buyer's Agent

Carol Bird

CBird and Company License #01076073

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $144,969

Lot Details

  • 0.32 Acre Lot
  • Ocean Front
  • Gated Home
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 5 Bathrooms
  • Spa Bath

Parking

  • Detached Garage
  • Side by Side Parking
  • Garage Door Opener

Pool

  • Spa
  • Room in yard for a pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Septic Tank
  • Phone System

Listing and Financial Details

  • Assessor Parcel Number 4470-014-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$144,969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Lot Acreage: 0.3200
  • Planned Urban Dev: 0
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio, Wood Burning
  • Flooring: Hardwood, Stone
  • Bedrooms: 4
  • Fireplaces: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Phone System, Range/Oven, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Room For
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City Lights, Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Door Opener, Garage, Side By Side

Utilities

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

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-014-010
  • Lot Size Area: 14010

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Oct 17, 2013
Sold by
Brown Henry D and The Henry D Brown Trust
Bought by
Sholem Barry A and Sholem Frankie S
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Carol Bird
CBird and Company
List Price
$9,895,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,895,000
-19.15%
Current Estimated Value
$10,588,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,588,675
Avg. Annual Appreciation
2.63%

Purchase Details

Closed on
Apr 18, 2012
Sold by
Brown Linda L
Bought by
Brown Henry D and Henry D Brown Trust

Purchase Details

Closed on
Apr 6, 2012
Sold by
Brown Abbott L and The Abbott L Brown Trust
Bought by
Brown Henry D and The Henry D Brown Trust

Purchase Details

Closed on
Mar 30, 2010
Sold by
Brown Abbott L
Bought by
Brown Abbott L and Abbott L Brown Trust

Purchase Details

Closed on
Mar 29, 2010
Sold by
Brown Linda L
Bought by
Brown Linda L and Linda L Brown Trust

Purchase Details

Closed on
May 14, 2002
Sold by
Edelstein Gerald F and Harper William L
Bought by
Brown Abbot L and Brown Linda L

Purchase Details

Closed on
Sep 12, 2000
Sold by
Malibu Broadbeach Lp
Bought by
Edelstein Gerald F and Harper William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,912,000
Interest Rate
8.11%

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bailey Patricia D and Hoover Joseph Roger
Bought by
Sitrick Michael and Sitrick Nancy

Purchase Details

Closed on
Feb 5, 1998
Sold by
Gaggero Stephen M
Bought by
Malibu Broadbeach Lp

Purchase Details

Closed on
Sep 11, 1997
Sold by
Boren Stephanie Ray
Bought by
Gaggero Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
7.45%

Purchase Details

Closed on
Nov 21, 1996
Sold by
Lipton Harold A Tr and Lipton Rita
Bought by
Boren Stephanie Ray

Purchase Details

Closed on
Nov 15, 1996
Sold by
Boren Brian S
Bought by
Boren Stephanie Ray
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
Sholem Barry A $8,000,080 None Available
Brown Henry D -- None Available
Brown Linda L -- None Available
Brown Henry D -- None Available
Brown Abbott L -- None Available
Brown Linda L -- None Available
Brown Abbott L -- None Available
Brown Abbot L -- Fidelity Title
Edelstein Gerald F -- Chicago Title Insurance Co
Sitrick Michael $2,400,000 First American Title Co
Malibu Broadbeach Lp -- --
Gaggero Stephen M -- Chicago Title Co
Boren Stephanie Ray -- Chicago Title
Boren Stephanie Ray -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sholem Barry A $9,750,000
Closed Sholem Barry A $4,120,000
Closed Sholem Barry A $4,120,000
Previous Owner Edelstein Gerald F $2,912,000
Previous Owner Gaggero Stephen M $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $8,000,000 -11.1% $3,509 / Sq Ft
11/01/2013 11/01/13 Pending -- -- --
09/10/2013 09/10/13 Price Changed $8,995,000 -9.1% $3,945 / Sq Ft
11/06/2012 11/06/12 For Sale $9,895,000 -- $4,340 / 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 $144,969 $9,806,900 $7,845,523 $1,961,377
2024 $144,969 $9,614,609 $7,691,690 $1,922,919
2023 $142,882 $9,426,088 $7,540,873 $1,885,215
2022 $140,339 $9,241,263 $7,393,013 $1,848,250
2021 $135,257 $9,060,062 $7,248,052 $1,812,010
2019 $132,065 $8,791,338 $7,033,072 $1,758,266
2018 $126,439 $8,618,960 $6,895,169 $1,723,791
2016 $118,565 $8,284,277 $6,627,422 $1,656,855
2015 $117,011 $8,159,840 $6,527,872 $1,631,968
2014 $108,387 $8,000,000 $6,400,000 $1,600,000
Source: Public Records

Agents Affiliated with this Home

  • Kurt Rappaport

    Seller's Agent in 2013

    Kurt Rappaport

    Westside Estate Agency Inc.

    (310) 247-7770

    1 in this area

    102 Total Sales

    Section Image

  • C

    Buyer's Agent in 2013

    Carol Bird

    CBird and Company

    Section Image
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Map

Source: The MLS

MLS Number: 12-634121

The MLS

APN: 4470-014-010

California Los Angeles County Malibu 90265 Broad Beach

31012 Broad Beach Rd, Malibu, CA

This home is located at 31012 Broad Beach Rd, Malibu, CA 90265 since 06 November 2012 and is currently estimated at $10,853,609, approximately $4,760 per square foot. 31012 Broad Beach Rd is a home located in Los Angeles County with nearby schools including Malibu Elementary School, Malibu Middle School, and Malibu High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.
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