NOT LISTED FOR SALE

31577 Pacific Coast Hwy Unit C Malibu, CA 90265

Estimated Value: $2,768,000

3 Beds
2 Baths
2,524 Sq Ft
$1,097/Sq Ft Est. Value

Highlights

  • Ocean View
  • 521,698 Sq Ft lot
  • Ceiling Fan
  • Malibu Elementary School Rated A
  • Bungalow
  • 1-Story Property

About This Home

As of January 2020

Large 2 story ocean view home located near the new Trancas Shopping area. The charming ranch style home has been completely upgraded with a lovely kitchen, newly installed carpet & windows, fresh paint, and has it own gated driveway. There are two bedrooms downstairs with closets, a bathroom, washer & dryer, and a spiral staircase to the top floor. On the top floor you'll find a large living room with tons of light, great ocean views, and theremodeled kitchen. There is a large ocean view deck and a side door with outside stairs for access to this floor. There is a lockable storage area, and deeded beach access at Sea Level. Tenants will need to purchase their own refrigerator. Water, Gas, and gardener paid by landlord. Tenant pays for electricity, cable, and wifi. Credit, References & Income verification required by Landlord.

Last Agent to Rent the Property

Mike Gardner

Compass License #01344290 Listed on: 09/29/2019

Compass

Last Renter's Agent

Teresa LeGrove

Coldwell Banker Realty License #01998138

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,478

Year Built

  • Built in 1961

Lot Details

  • 11.98 Acre Lot
  • Property is zoned LCRA1*

Home Design

  • Bungalow

Interior Spaces

  • 2,524 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ocean Views
  • Laundry in unit

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $9,400
  • Tenant pays for cable TV, electricity
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-008-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,478

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Security Deposit: 9400
  • Tenant Pays: Cable TV, Electricity

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2524
  • Stories: 1
  • Year Built: 1961
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 1.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4470-008-002
  • Geocode Override: No
  • Lot Size Area: 521698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 1996
Sold by
Darmiento Frank R and Farmiento Frank
Bought by
Darmiento Frank R and Darmiento Orlanda E
Current Estimated Value
$2,768,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.84%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Darmiento Frank R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Darmiento Frank R $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Rented $4,495 0.0% --
11/12/2019 11/12/19 Price Changed $4,495 -4.4% $2 / Sq Ft
09/29/2019 09/29/19 For Rent $4,700 +17.5% --
08/15/2014 08/15/14 Rented $4,000 -4.8% --
08/15/2014 08/15/14 Under Contract -- -- --
07/18/2014 07/18/14 For Rent $4,200 -- --
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 $30,478 $2,427,158 $2,167,123 $260,035
2024 $30,478 $2,379,568 $2,124,631 $254,937
2023 $29,930 $2,332,911 $2,082,972 $249,939
2022 $29,555 $2,287,169 $2,042,130 $245,039
2021 $28,894 $2,242,324 $2,002,089 $240,235
2020 $28,738 $2,219,333 $1,981,561 $237,772
2019 $28,353 $2,175,817 $1,942,707 $233,110
2018 $26,691 $2,133,155 $1,904,615 $228,540
2016 $25,640 $2,050,323 $1,830,657 $219,666
2015 $25,318 $2,019,526 $1,803,159 $216,367
2014 $25,250 $1,979,967 $1,767,838 $212,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-514050

The MLS

APN: 4470-008-002