NOT LISTED FOR SALE

Estimated Value: $6,636,000 - $17,925,523

5 Beds
8 Baths
4,979 Sq Ft
$2,467/Sq Ft Est. Value

Highlights

  • Beach Front
  • White Water Ocean Views
  • Primary Bedroom Suite
  • Malibu Elementary School Rated A
  • Heated Infinity Pool
  • Two Primary Bathrooms

About This Home

As of October 2017

Sensational Mediterranean beach house. Prime private location on the west end of Broad Beach. Panoramic white water views from nearly every room. Gorgeous gourmet kitchen with Viking and Subzero appliances, sliding walls of glass opening out on to a huge entertainment deck, a master suite entirely on it's own level with his and her baths and walk in closets, four en suite guest rooms, rare ocean front swimming pool and spa, plus three car garage. Immaculately maintained and leased July and August for $110k per mo. - next available October 1st. Also available for sale for $15,950,000.

Last Agent to Rent the Property

Stephen Shapiro

Westside Estate Agency Inc. License #00388759 Listed on: 03/01/2017

Westside Estate Agency Inc.

Co-Listed By

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387

Last Renter's Agent

Tony Mark

Compass License #01205648

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $198,704

Year Built

  • Built in 2010

Lot Details

  • 0.34 Acre Lot
  • Beach Front
  • Property is zoned LCR11OOOO

Parking

  • 3 Car Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 4,979 Sq Ft Home
  • Elevator
  • Furnished
  • Built-In Features
  • Crown Molding
  • Gas Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • 8 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Infinity Pool
  • Heated Spa

Outdoor Features

  • Living Room Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $110,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-017-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$198,704

Year Built

Built in 2010

Lot Details

0

Parking

3

Rental Info

  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 110000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Sensational Mediterranean beach house. Prime private location on the west end of Broad Beach. Panoramic white water views from nearly every room. Gorgeous gourmet kitchen with Viking and Subzero appliances, sliding walls of glass opening out on to a huge entertainment deck, a master suite entirely on it's own level with his and her baths and walk in closets, four en suite guest rooms, rare ocean front swimming pool and spa, plus three car garage. Immaculately maintained and leased July and August for $110k per mo. - next available October 1st.
  • Lease Terms: 1+Year
  • Living Area: 4979
  • Year Built: 2010
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Crown Moldings, Elevator, Hot Tub, Living Room Balcony, Storage Space, Turnkey
  • Fireplace Rooms: Gas, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Powder Room, Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 11.05

Exterior Features

  • Other Features: Balcony, Barbecue Private
  • Tennis Court Y/N: No
  • Patio: Balcony, Covered, Deck(s), Living Room Balcony, Patio Open
  • Pool Description: Above Ground, Heated, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa: Heated with Gas
  • Spa Yn: Yes
  • View: Catalina, City Lights, Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Private Garage
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4470-017-068
  • Geocode Override: No
  • Lot Location: Beach Front, Ocean Front
  • Lot Size Area: 14685

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2021
Sold by
2Xmd Partners Llc
Bought by
Amoa Holdings Co
Current Estimated Value
$12,280,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,000,000
Outstanding Balance
$1,554,703
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$10,726,059

Purchase Details

Closed on
Jan 10, 2008
Sold by
Beach House Associates Llc
Bought by
2Xmd Partners Llc

Purchase Details

Closed on
Nov 12, 2003
Sold by
Malibu Beach Llc
Bought by
Beach House Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,762,500
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2002
Sold by
Clorenda Corp A V V
Bought by
Malibu Beach Llc

Purchase Details

Closed on
Apr 18, 2000
Sold by
New Carolco Investments B V
Bought by
Clorenda Corp A V V

Purchase Details

Closed on
Dec 28, 1999
Sold by
Kassar Mario
Bought by
New Carolco Investment B V
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
Amoa Holdings Co $16,250,000 First American Title Company
2Xmd Partners Llc -- Chicago Title Company
Beach House Associates Llc -- Chicago Title Co
Malibu Beach Llc -- --
Clorenda Corp A V V $3,000,000 --
New Carolco Investment B V $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amoa Holdings Co $8,000,000
Previous Owner 2Xmd Partners Llc $7,500,000
Previous Owner 2Xmd Partners Llc $7,500,000
Previous Owner 2Xmd Partners Llc $6,800,000
Previous Owner Beach House Associates Llc $5,212,000
Previous Owner Beach House Associates Llc $2,762,500
Previous Owner Malibu Beach Llc $911,130
Previous Owner Kassar Mario $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Rented $48,298 -12.2% --
03/01/2017 03/01/17 For Rent $55,000 -- --
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 $198,704 $16,183,580 $12,495,724 $3,687,856
2024 $198,704 $15,866,256 $12,250,710 $3,615,546
2023 $195,257 $15,555,153 $12,010,500 $3,544,653
2022 $192,212 $15,250,150 $11,775,000 $3,475,150
2021 $186,545 $14,925,713 $11,528,162 $3,397,551
2020 $184,839 $14,772,669 $11,409,955 $3,362,714
2019 $182,458 $14,483,010 $11,186,231 $3,296,779
2018 $173,855 $14,199,031 $10,966,894 $3,232,137
2016 $166,507 $13,647,667 $10,541,037 $3,106,630
2015 $164,315 $13,442,667 $10,382,701 $3,059,966
2014 $177,930 $13,179,345 $10,179,319 $3,000,026
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-204916

The MLS

APN: 4470-017-068