NOT LISTED FOR SALE

31255 Beach View Estates Dr Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $2,125,000 - $4,592,000

2.05 Acres
$1,558,877 Price per Acre
89,082 Sq Ft Lot

Sale Details

Date Sold: February 23, 2022

Last sale price $1,650,000 $425 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $18,618 / mo

60 Days on Market

Highlights

  • Ocean View
  • Malibu Elementary School Rated A
  • 89,082 Sq Ft lot

About This Lot

As of February 2022

Enjoy whitewater views and ocean breezes from this permit ready Doug Burdge designed contemporary masterpiece in Malibu. Located in a gated and private community, the 4560 sq. ft. home was designed to showcase the dramatic ocean views of Zuma Beach while at the same time giving the owners privacy. The home features 3 levels with an open floor plan for entertaining, a separate guest suite, a roof-top deck and hot tub, and walls of glass that flood the interior with natural light and the natural beauty of the surrounding area. Newer homes in this exclusive neighborhood are valued between $5m and $10m+. Conveniently located near schools, Zuma Beach & Trancas shopping Center, this fire- rebuild opportunity has received all city approvals and is now permit ready for construction to begin. Now is the time to acquire this rare offering and start building your dream home without waiting the 2+ years it normally takes to obtain a permit!

Last Agent to Sell the Property

Mike Gardner

Compass License #01344290 Listed on: 09/08/2021

Compass

Co-Listed By

Catherine Bindley

Compass License #01399981

Last Buyer's Agent

Mitch Hagerman

Vista Sotheby's International Realty License #01897438

Vista Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 2.05 Acre Lot
  • Property is zoned LCA11Y

Property Views

  • Ocean Views

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4470-004-014

Property Details

Property Type

Land

Lot Details

2.05 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Sewer: Septic Tank
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4470-004-014
  • Lot Size Area: 89082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Jan 22, 2022
Sold by
Jun Ping Wang 2020 Family Trust
Bought by
Conscious Choice Llc
Seller's Agent
Mike Gardner
Compass
Buyer's Agent
Mitch Hagerman
Vista Sotheby's International Realty
List Price
$1,799,000
Sold Price
$1,650,000
Premium/Discount to List
-$149,000
-8.28%
Current Estimated Value
$3,187,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,537,968
Avg. Annual Appreciation
17.20%
Original Mortgage
$1,170,000
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 10, 2020
Sold by
Wang Jun Ping
Bought by
Jun Oing Wang 2020 Family Trust and Lam

Purchase Details

Closed on
Jun 14, 2001
Sold by
Hogan Gary
Bought by
Wang Jun Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Interest Rate
7%

Purchase Details

Closed on
May 14, 1998
Sold by
Hogan Sarah Stockstill
Bought by
Hogan Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Conscious Choice Llc $1,650,000 Equity Title
Jun Oing Wang 2020 Family Trust -- Accommodation/Courtesy Recordi
Wang Jun Ping $1,300,000 Fidelity National Title Co
Hogan Gary -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Conscious Choice Llc $1,170,000
Previous Owner Wang Jun Ping $1,040,000
Previous Owner Hogan Gary $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $1,650,000 -8.3% $425 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,799,000 0.0% $463 / Sq Ft
01/31/2013 01/31/13 Rented $7,600 0.0% --
01/31/2013 01/31/13 Under Contract -- -- --
01/07/2013 01/07/13 For Rent $7,600 -- --
Source: The MLS

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 $20,592 $1,750,993 $1,750,993 --
2024 $20,592 $1,716,660 $1,716,660 --
2023 $20,102 $1,683,000 $1,683,000 $0
2022 $17,475 $1,447,884 $1,447,777 $107
2021 $17,072 $1,419,495 $1,419,390 $105
2019 $16,733 $1,377,393 $1,377,291 $102
2018 $19,847 $1,687,853 $1,350,286 $337,567
2016 $19,095 $1,622,313 $1,297,853 $324,460
2015 $18,838 $1,597,946 $1,278,359 $319,587
2014 $18,604 $1,566,645 $1,253,318 $313,327
Source: Public Records

Agents Affiliated with this Home

  • Mike Gardner

    Seller's Agent in 2022

    Mike Gardner

    Compass

    (310) 699-8428

    4 in this area

    17 Total Sales

    Mike Gardner
    Section Image
  • Catherine Bindley

    Seller Co-Listing Agent in 2022

    Catherine Bindley

    Compass

    (310) 980-6448

    1 in this area

    13 Total Sales

    Catherine Bindley
    Section Image
  • Mitch Hagerman

    Buyer's Agent in 2022

    Mitch Hagerman

    Vista Sotheby's International Realty

    (310) 963-4358

    1 in this area

    14 Total Sales

    Mitch Hagerman
    Section Image

  • G

    Buyer's Agent in 2013

    Gardy Weickhert

    Westside Estate Agency Inc.

    (310) 207-7080

    2 Total Sales

    Gardy Weickhert
    Section Image
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Map

Source: The MLS

MLS Number: 21-781340

The MLS

APN: 4470-004-014

California Los Angeles County Malibu 90265 Malibu West

31255 Beach View Estates Dr, 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.
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