NOT LISTED FOR SALE

Estimated Value: $6,997,000 - $13,679,564

5 Beds
6.5 Baths
6,230 Sq Ft
$1,659/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $12,175,000 $1,954 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $67,031/month

32 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Open Floorplan
  • Malibu Elementary School Rated A
  • Infinity Pool
  • Multi-Level Bedroom

About This Home

As of July 2021

Capturing extraordinary ocean views, this beachfront modern architectural situated on Malibus celebrity-favored Broad Beach is minutes from Malibus top-rated schools, shops and restaurants. The 6,230-SF main house boasts 3 bedrooms, 5 bathrooms, a full floor indoor entertainment area opening to an outdoor patio and an infinity-edged pool. Designed to host large-scale & intimate entertaining, voluminous living spaces showcase soaring ceilings and floor-to-ceiling windows, and an additional 3,000 SF of decking fosters indoor-outdoor connection on each floor. Its spectacular 3rd-floor primary suite boasts 17 ceilings, a large oceanfront deck with fire pit, chaise lounges, outdoor shower and is plumbed for a hot tub. A stand-alone guest house features one bedroom, two full baths, an open living area and kitchen with an ample terrace for dining and socializing. Great as a separate home, an executive office suite, a spacious gym, sound studio, home theater and remote learning area.

Last Agent to Sell the Property

Mauricio Umansky

The Agency License #01222825 Listed on: 05/07/2021

The Agency

Co-Listed By

Sandro Dazzan

The Agency License #01418033

Last Buyer's Agent

Barry Kinyon

Compass License #01097786

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $160,346

Year Built

  • Built in 1991

Lot Details

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

Parking

  • 3 Car Detached Garage
  • Driveway
  • Guest Parking

Property Views

  • White Water Ocean
  • Coastline

Interior Spaces

  • 6,230 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Great Room
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Loft
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Powder Room
  • Double Shower

Laundry

  • Laundry Room
  • Washer

Pool

  • Infinity Pool
  • Gas Heated Pool

Outdoor Features

  • Covered patio or porch
  • Fire Pit

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-017-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$160,346

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Entry Location: Elevator
  • Living Area: 6230
  • Lot Acreage: 0.2614
  • Stories: 3
  • Year Built: 1991
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Elevator, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Storage Space
  • Fireplace Rooms: Master Bedroom, Fire Pit
  • Flooring: Carpet, Stone, Travertine, Wood
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Shower
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Dishwasher, Elevator, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Price Per S Q F T: 2070.63

Exterior Features

  • Other Structures: None
  • Guest House: Detached
  • Pool Description: Above Ground, Heated with Gas, Negative Edge/Infinity Pool, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Coastline, Ocean, White Water
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Detached, Driveway - Concrete, Garage - 3 Car, Parking for Guests - Onsite, Private
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Gated
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4470-017-061
  • Lot Size Area: 11385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2023
Sold by
Hrr Broad Beach Llc
Bought by
Hrr Broad Beach Llc
Current Estimated Value
$9,717,669

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 1, 2021
Sold by
Arnault E Jane
Bought by
Hhr Broad Beach Llc
Seller's Agent
Mauricio Umansky
The Agency
Buyer's Agent
Barry Kinyon
Compass
List Price
$12,900,000
Sold Price
$12,175,000
Premium/Discount to List
-$725,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.88%
Original Mortgage
$9,131,250
Interest Rate
2.96%
Mortgage Type
New Conventional
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
Hrr Broad Beach Llc -- First American Title
Hhr Broad Beach Llc $12,175,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hrr Broad Beach Llc $9,131,250
Previous Owner Hhr Broad Beach Llc $9,131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $12,175,000 -5.6% $1,954 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $12,900,000 0.0% $2,071 / Sq Ft
07/08/2020 07/08/20 Rented $50,000 0.0% --
06/18/2020 06/18/20 Price Changed $50,000 +33.3% $10 / Sq Ft
04/01/2020 04/01/20 Price Changed $37,500 +15.4% $7 / Sq Ft
12/19/2019 12/19/19 For Rent $32,500 0.0% --
11/29/2019 11/29/19 Off Market $32,500 -- --
07/09/2019 07/09/19 Price Changed $32,500 -35.0% $6 / Sq Ft
06/21/2019 06/21/19 For Rent $50,000 +81.8% --
01/10/2019 01/10/19 Rented $27,500 0.0% --
10/24/2018 10/24/18 Price Changed $27,500 -14.1% $5 / Sq Ft
04/15/2018 04/15/18 For Rent $32,000 0.0% --
04/07/2018 04/07/18 Off Market $32,000 -- --
03/07/2018 03/07/18 For Rent $32,000 -- --
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 $160,346 $12,920,206 $10,336,165 $2,584,041
2024 $160,346 $12,666,870 $10,133,496 $2,533,374
2023 $157,555 $12,418,500 $9,934,800 $2,483,700
2022 $155,046 $12,175,000 $9,740,000 $2,435,000
2021 $39,516 $2,288,651 $953,930 $1,334,721
2020 $38,681 $2,265,185 $944,149 $1,321,036
2019 $38,295 $2,220,771 $925,637 $1,295,134
2018 $36,717 $2,177,228 $907,488 $1,269,740
2016 $34,341 $2,092,686 $872,250 $1,220,436
2015 $33,545 $2,061,252 $859,148 $1,202,104
2014 $46,802 $2,020,876 $842,319 $1,178,557
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-729206

The MLS

APN: 4470-017-061