NOT LISTED FOR SALE

31048 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $19,948,440

4 Beds
4 Baths
4,282 Sq Ft
$4,659/Sq Ft Est. Value

Sale Details

Date Sold: May 7, 2018

Last sale price $7,975,000 $1,862 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $151,754 / mo

156 Days on Market

Highlights

  • Ocean Front
  • Wine Cellar
  • Modern Architecture
  • Malibu Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of May 2018

Beachfront home with 40 feet of frontage and panoramic coastline and whitewater views on Malibu's exclusive, star-studded Broad Beach Road. Enter through a charming courtyard to find a cozy two-story four bedroom, four bath post and beam house. The main level features a large chef's kitchen with skylights above that send natural light throughout the main floor. An expansive entertainment area opens to a huge private oceanfront patio, perfect for entertaining and outdoor dining with an easy access window from the wet bar inside. Rare opportunity to acquire a property at this price on this prime section of Broad Beach.

Last Agent to Sell the Property

Leonard Rabinowitz

Christie's International Real Estate SoCal License #01496421 Listed on: 10/02/2017

Christie's International Real Estate SoCal

Co-Listed By

Chris Cortazzo

Compass License #01190363

Last Buyer's Agent

Desti & Michelle Group

License #01395438

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 Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 13,011 Sq Ft Lot
  • Ocean Front
  • Property is zoned LCR110000*

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 4,282 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Entryway
  • Wine Cellar
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Ocean Views
  • Alarm System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-014-019

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 4282
  • Stories: 2
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Phone System, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2078.47

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4470-014-019
  • Geocode Override: No
  • Lot Size Area: 13011

Multi Family

  • Number Of Units: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2023
Sold by
Msn Property Trust
Bought by
Current Estimated Value
$19,948,440

Purchase Details

Listed on
Oct 2, 2017
Closed on
Apr 12, 2018
Sold by
Lawrence Steve and The Steve Lawrence Qualified P
Bought by
Avedon Dean A and The Msn Property Trust
Seller's Agent
Leonard Rabinowitz
Christie's International Real Estate SoCal
Buyer's Agent
Desti & Michelle Group
List Price
$8,900,000
Sold Price
$7,975,000
Premium/Discount to List
-$925,000
-10.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$3,887,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2012
Sold by
Lawrence Eydie Gorme
Bought by
Lawrence Eydie Gorme and The Eydie Gorme Lawrence Quali
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Encinal Bluffs, CA

  • Paul Grisanti Real Estate Agent - Pinnacle Estate Properties

    Paul Grisanti

    Pinnacle Estate Properties

    (424) 344-4361

    10 Total Sales

    1 in Encinal Bluffs

    $7,700,000 Price

    Paul Grisanti
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  • Tony Kofsky Real Estate Agent - Sotheby's International Realty

    Tony Kofsky

    Sotheby's International Realty

    (424) 320-8859

    4 Total Sales

    1 in Encinal Bluffs

    $7,475,000 Price

    Tony Kofsky
     Section Image
  • Poupee Komenkul Real Estate Agent - Rodeo Realty

    Poupee Komenkul

    Rodeo Realty

    (747) 998-0899

    146 Total Sales

    1 in Encinal Bluffs

    $10,025,000 Price

    Poupee Komenkul
     Section Image
  • Sean Baroni Real Estate Agent - NextHome Luxe Group

    Sean Baroni

    Responds Quickly

    NextHome Luxe Group

    (323) 615-2817

    43 Total Sales

    1 in Encinal Bluffs

    $14,797,000 Price

    Sean Baroni
     Section Image
  • Mike Gardner Real Estate Agent - Compass

    Mike Gardner

    Responds Quickly

    Compass

    (424) 842-3943

    16 Total Sales

    1 in Encinal Bluffs

    $5,899,000 Price

    Mike Gardner
     Section Image
  • Cooper Mount Real Estate Agent - Carolwood Estates

    Cooper Mount

    Responds Quickly

    Carolwood Estates

    (424) 405-4938

    53 Total Sales

    2 in Encinal Bluffs

    $13.7M - $23.9M Price Range

    Cooper Mount
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$35,000,000 Equity Title Company
Avedon Dean A $7,775,000 Fidelity National Title Comp
Lawrence Eydie Gorme -- None Available
Lawrence Steve -- None Available
Lawrence Eydie Gorme -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $4,614,020
Previous Owner Msn Property Trust $3,887,500
Previous Owner Avedon Dean A $3,887,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/07/2018 05/07/18 Sold $7,975,000 -10.4% $1,862 / Sq Ft
10/02/2017 10/02/17 For Sale $8,900,000 -- $2,078 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $469,591 $36,611,675 $30,992,579 $5,619,096
2025 $469,591 $35,893,800 $30,384,882 $5,508,918
2024 $437,377 $35,190,000 $29,789,100 $5,400,900
2023 $132,353 $8,503,095 $6,802,477 $1,700,618
2022 $129,928 $8,336,369 $6,669,096 $1,667,273
2021 $125,081 $8,172,912 $6,538,330 $1,634,582
2019 $122,085 $7,930,500 $6,344,400 $1,586,100
2018 $47,061 $1,578,692 $780,680 $798,012
2016 $41,957 $1,517,391 $750,366 $767,025
2015 $41,432 $1,494,599 $739,095 $755,504
2014 $34,005 $1,465,323 $724,618 $740,705
Source: Public Records

Agents Affiliated with this Home

  • Leonard Rabinowitz Real Estate Agent - Christie's International Real Estate SoCal

    Seller's Agent in 2018

    Leonard Rabinowitz

    Christie's International Real Estate SoCal

    (310) 552-8200

    10 Total Sales

    Leonard Rabinowitz
    Section Image
  • Chris Cortazzo Real Estate Agent - Compass

    Seller Co-Listing Agent in 2018

    Chris Cortazzo

    Compass

    (310) 489-7091

    19 in this area

    192 Total Sales

    Chris Cortazzo
    Section Image
  • Desti Centineo Real Estate Agent

    Buyer Co-Listing Agent in 2018

    Desti Centineo

    (805) 509-5404

    148 Total Sales

    Desti Centineo
    Section Image
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Map

Source: The MLS

MLS Number: 17-275912

The MLS

APN: 4470-014-019

California Los Angeles County Malibu 90265 Encinal Bluffs

31048 Broad Beach Rd, Malibu, CA

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The MLS © 2026 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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