NOT LISTED FOR SALE

31388 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $5,983,000 - $18,396,215

4 Beds
4 Baths
3,191 Sq Ft
$3,203/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $6,500,000 $2,037 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $62,798/month

Highlights

  • White Water Ocean Views
  • In Ground Pool
  • Wood Flooring
  • Malibu Elementary School Rated A
  • 24,274 Sq Ft lot
  • Modern Architecture

About This Home

As of September 2013

Stunningly remodeled, private and gated estate with approx 80 feet of beach frontage. This beautiful 4 Beds / 4 Baths (w/guest suite) home is filled w/ an abundance of natural light and has amazing features such as an Asian inspired garden and bridge that adorn a large, well shaped, landscaped pool, situated in a central courtyard design. Perfectly situated w/180 degree views of Queens Necklace and direct beach access. A spectacular home for entertaining or to relax and admire the magnificent scenery. Summer 2013 rate: $34,500 per month for June, July and August

Last Agent to Rent the Property

Chris Cortazzo

Compass License #01190363 Listed on: 08/04/2012

Compass

Last Renter's Agent

Jonathan Steindorff

4 Malibu Real Estate License #01884934

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.56 Acre Lot
  • Gated Home
  • Property is zoned LCR110000*

Property Views

  • White Water Ocean
  • City Lights
  • Canyon
  • Mountain

Home Design

  • Modern Architecture

Interior Spaces

  • 3,191 Sq Ft Home
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Area
  • Home Office
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 10-Story Property

Listing and Financial Details

  • Security Deposit $46,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-016-025

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 46000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: 31388 Broad Beach
  • Entry Floor: 0
  • Lease Terms: 1+Year
  • Living Area: 3191
  • Probate: No
  • Stories: 10
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 0
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: No
  • Price Per S Q F T: 5.33

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, City Lights, Mountains, Ocean, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-016-025
  • Lot Size Area: 24274

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2011
Closed on
Mar 28, 2012
Sold by
Kenterra Vi Lp
Bought by
31388 Broad Beach Malibu Llc
Seller's Agent
Andrew Stern
Coldwell Banker Realty
Buyer's Agent
Chris Cortazzo
Compass
List Price
$16,900,000
Sold Price
$6,500,000
Premium/Discount to List
-$10,400,000
-61.54%
Current Estimated Value
$10,220,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,720,304
Avg. Annual Appreciation
3.31%

Purchase Details

Closed on
Aug 14, 2001
Sold by
Mcclellan Helen R and Mcclellan Family Trust
Bought by
Kenterra Vi Lp

Purchase Details

Closed on
Oct 27, 1995
Sold by
Mcclellan Malcolm D and Mcclellan Helen R
Bought by
Mcclellan Malcolm D and Mcclellan Helen R
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
31388 Broad Beach Malibu Llc $7,000,070 Old Republic Title Company
Kenterra Vi Lp -- Fidelity National Title Co
Mcclellan Malcolm D -- Old Republic Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2013 09/03/13 Rented $15,500 -32.6% --
09/03/2013 09/03/13 Under Contract -- -- --
08/04/2012 08/04/12 For Rent $23,000 0.0% --
04/04/2012 04/04/12 Sold $6,500,000 -27.0% $2,037 / Sq Ft View Prior Sale
03/20/2012 03/20/12 Pending -- -- --
12/19/2011 12/19/11 Price Changed $8,900,000 -18.7% $2,789 / Sq Ft
07/18/2011 07/18/11 Price Changed $10,950,000 -35.2% $3,432 / Sq Ft
06/02/2011 06/02/11 For Sale $16,900,000 -- $5,296 / Sq Ft
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 $116,709 $8,792,390 $8,164,367 $628,023
2024 $116,709 $8,619,991 $8,004,282 $615,709
2023 $114,826 $8,450,973 $7,847,336 $603,637
2022 $112,998 $8,285,268 $7,693,467 $591,801
2021 $109,521 $8,122,813 $7,542,615 $580,198
2019 $107,115 $7,881,888 $7,318,898 $562,990
2018 $102,185 $7,727,342 $7,175,391 $551,951
2016 $96,861 $7,427,282 $6,896,763 $530,519
2015 $95,579 $7,315,719 $6,793,168 $522,551
2014 $115,635 $7,172,415 $6,660,100 $512,315
Source: Public Records

Agents Affiliated with this Home

  • Chris Cortazzo

    Landlord's Agent in 2013

    Chris Cortazzo

    Compass

    (310) 489-7091

    20 in this area

    205 Total Sales

    Chris Cortazzo
    Section Image

  • J

    Tenant's Agent in 2013

    Jonathan Steindorff

    4 Malibu Real Estate

  • Andrew Stern

    Seller's Agent in 2012

    Andrew Stern

    Coldwell Banker Realty

    (310) 804-1913

    3 in this area

    3 Total Sales

    Andrew Stern
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 12-617231

The MLS

APN: 4470-016-025

California Los Angeles County Malibu 90265 Encinal Bluffs

31388 Broad Beach Rd, Malibu, CA

Not Listed for Sale

Detached

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 © 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.