NOT LISTED FOR SALE

Estimated Value: $5,876,000 - $10,261,402

4 Beds
5 Baths
5,753 Sq Ft
$1,297/Sq Ft Est. Value

Highlights

  • White Water Ocean Views
  • Newly Remodeled
  • 186,405 Sq Ft lot
  • Malibu Elementary School Rated A
  • Across the Road from Lake or Ocean
  • 5-minute walk to Trancas Canyon Park

About This Home

As of November 2017

Magnificent Alaskan Cedar Log home with panoramic white water views. Walk to Broad beach. Dramatic entry, slate floors, open log beamed ceilings throughout. Great room has floor to ceiling windows, hardwood flooring, a natural three rivers thin ledger stone fireplace. Huge open gourmet kitchen, granite counters, stainless appliances. Forever white water views from Pt. Dume to westerly beaches. Lower level with Mexican tile floors, river rock fireplace, separate entrance, could be a great granny flat, or guest quarters. All lower rooms flow out to covered patio, ocean white water views. Main level has rap around veranda, great for viewing sunrises and sets. Large grassy garden area great for sunning, relaxing, and feel the ocean breeze while viewing white waters. All bathrooms with granite counters. All showers are granite. Master bath has an oval tub with air jets, overlooks blue skies, white waters and you can hear the surf. Front faces rolling Malibu hills. Enjoy the grazing deer. Plenty of room to garden, herbs, veggies, choice is yours. Peaceful setting in harmony with ocean and wild life, all on a private hilltop . Finished 3 car garage and plenty of on site parking. Former home of famous rapper.

Last Agent to Rent the Property

Sherry Lynn Pool

Cosgrove Realty License #00593231 Listed on: 09/23/2016

Last Renter's Agent

Sherry Lynn Pool

Cosgrove Realty License #00593231 Listed on: 09/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,181

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • 4.28 Acre Lot
  • Rural Setting
  • Fenced
  • Fence is in excellent condition
  • Density is 21-25 Units/Acre
  • Property is zoned LCRA1-R210000*

Parking

  • 3 Car Attached Garage

Property Views

  • White Water Ocean
  • Panoramic
  • Bluff

Home Design

  • Split Level Home
  • Raised Foundation
  • Asbestos Shingle Roof
  • Log Siding

Interior Spaces

  • 5,753 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Bay Window
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Location

  • Across the Road from Lake or Ocean

Schools

  • Point Dume Elementary School
  • Malibu Park Middle School
  • Malibu High School

Utilities

  • Central Heating and Cooling System
  • Engineered Septic
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $32,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 10/1/16
  • Assessor Parcel Number 4470011058

Community Details

Overview

  • No Home Owners Association
  • Custom
  • Foothills

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,181

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-10-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 32000
  • Furnished: Unfurnished
  • Pets Allowed: Call, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: Yes
  • Ad Number: 818 3952080
  • Other Phone Description: 818 395 2080
  • Other Phone Number: 818 3952080
  • Property Attached: No
  • View: Yes
  • Zoning: LCRA1-R210000*
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 4470011058
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5753.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Cathedral Ceiling(s)
  • Stories: 3
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Bonus Room, Dining Room, Family Room
  • Levels: Multi/Split
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.00
  • Room Type: Bonus Room, Entry, Formal Entry, Guest/Maid's Quarters, Kitchen, Laundry, Living Room
  • Window Features: Bay Window(s)

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Ocean, Panoramic, White Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Log

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Engineered Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Schools

  • School District: Los Angeles Unified
  • Elementary School: Point Dume
  • Middle School: Malibu Park
  • High School: Malibu
  • Elementary School: Point Dume
  • High School: Malibu
  • Middle Or Junior School: Malibu Park
  • Elementary School #2: POIDUM
  • High School2: MALIBU

Lot Info

  • Additional Parcels: No
  • Lot Features: 21-25 Units/Acre, Bluff
  • Lot Size Sq Ft: 186405.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Rent Includes: Gardener
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

  • Tax Census Tract: 8004.06
  • Tax Lot: 000
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2011
Sold by
Lewis M David
Bought by
Lewis M David and The M David Lewis Revocable Trust
Current Estimated Value
$7,460,601

Purchase Details

Closed on
Jan 27, 1998
Sold by
Lewis Lewis M
Bought by
Lewis M David and Lewis Mearle D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Lewis M David -- None Available
Lewis M David -- Old Republic Title Company
Lewis M David -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lewis M David $525,000
Closed Lewis M David $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2017 11/02/17 Rented $23,000 +24.3% --
10/31/2017 10/31/17 Under Contract -- -- --
09/23/2016 09/23/16 For Rent $18,500 +117.6% --
02/01/2012 02/01/12 Rented $8,500 -- --
01/31/2012 01/31/12 Under Contract -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,181 $2,647,678 $456,958 $2,190,720
2024 $31,181 $2,595,764 $447,999 $2,147,765
2023 $30,589 $2,544,867 $439,215 $2,105,652
2022 $30,187 $2,494,968 $430,603 $2,064,365
2021 $29,482 $2,446,048 $422,160 $2,023,888
2019 $28,900 $2,373,499 $409,640 $1,963,859
2018 $27,341 $2,326,960 $401,608 $1,925,352
2016 $26,309 $2,236,603 $386,014 $1,850,589
2015 $25,959 $2,203,008 $380,216 $1,822,792
2014 $25,629 $2,159,856 $372,769 $1,787,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16710169

California Regional Multiple Listing Service (CRMLS)

APN: 4470-011-058