NOT LISTED FOR SALE

31663 Broad Beach Rd Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $4,355,000 - $5,501,500

3 Beds
3 Baths
3,412 Sq Ft
$1,451/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $2,820,000 $826 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $29,322/month

Highlights

  • Ocean View
  • Above Ground Spa
  • Contemporary Architecture
  • Malibu Elementary School Rated A
  • Fireplace in Bathroom
  • Wood Flooring

About This Home

As of July 2022

Enjoy Malibu living at it finest in this fully furnished gated contemporary Mediterranean home overlooking famed Broad Beach. This homes offers stunning ocean views, open living spaces with high ceilings and multiple balconies that overlook the courtyard with beautifully tiled fountain, lush landscaping, spa and great outdoor sitting area. Gourmet ocean view kitchen with two islands, top of the line stainless steel appliances that opens to an ocean view breakfast nook. The lower level is comprised on the primary suite with an ocean view sitting area and spa-like bathroom complete with claw foot tub. There are two additional bedrooms on the lower level that both open up to the courtyard for a wonderful indoor/outdoor flow. There is a separate office/guest quarters that are detached from the main residence and have separate entrance as well as a large bonus room that would make a great gym, playroom/game room or office with additional laundry facilities. Across the street there are beach access stairs, so when you're done playing in the sand and surf you can come home and rinse off in your private outdoor shower. Summer months to be at $30,000/mo.

Last Agent to Rent the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 05/25/2022

Pinnacle Estate Properties

Last Renter's Agent

Daniel Milstein

Christie's International Real Estate SoCal License #02106842

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 139x90
  • Property is zoned LCR17500*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,412 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den
  • Bonus Room with Fireplace
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 3 Full Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Driveway

Additional Features

  • Above Ground Spa
  • Central Heating

Listing and Financial Details

  • Security Deposit $36,000
  • Tenant pays for electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-019-017

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

0.27 Acres

Rental Info

  • Furnished: Furnished
  • Security Deposit: 36000
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 3412
  • Lot Acreage: 0.2702
  • Lot Dimensions: 139x90
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Bath, Bonus Room, Dining, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room, Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Hood Fan, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 5.28

Exterior Features

  • Pool: No
  • Spa: Above Ground, Private
  • Spa Yn: Yes
  • View: Ocean, Water
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 4+ Car, Private Garage
  • Total Parking: 3

Utilities

  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4470-019-017
  • Lot Size Area: 11772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2019
Sold by
Lin Yao and Chen Jia
Bought by
Chen Jia
Current Estimated Value
$4,951,625

Purchase Details

Closed on
Jul 26, 2017
Sold by
Sokol Scott J
Bought by
Lin Yao and Chen Jia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 28, 2011
Sold by
Brosnan Pierce and Brosnan Keely
Bought by
Sokol Scott J and Sokol Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2010
Sold by
Brosnan Pierce and Brosnan Trust 1989
Bought by
Brosnan Pierce and Brosnan Keely

Purchase Details

Closed on
Jun 6, 2001
Sold by
Brosnan Pierce
Bought by
Brosnan Pierce and Brosnan Trust 1989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 26, 1996
Sold by
State Street Bank & Trust Company
Bought by
Brosnan Pierce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.11%

Purchase Details

Closed on
May 30, 1996
Sold by
Abelsky Isaac and State Street Bank & Trust Comp
Bought by
State Street Bank & Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Jia -- Accommodation
Lin Yao $2,820,000 Stewart Title Of California
Sokol Scott J $2,600,026 Equity Title Los Angeles
Brosnan Pierce -- None Available
Brosnan Pierce -- North American Title Co
Brosnan Pierce $600,000 Landsafe Title
State Street Bank & Trust Company $765,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Yao $1,500,000
Previous Owner Sokol Scott J $1,600,000
Previous Owner Brosnan Pierce $400,000
Previous Owner Brosnan Pierce $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2022 07/11/22 Rented $17,500 -2.8% --
05/25/2022 05/25/22 For Rent $18,000 0.0% --
10/02/2017 10/02/17 Sold $2,820,000 -6.0% $826 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
05/24/2017 05/24/17 Price Changed $3,000,000 -3.1% $879 / Sq Ft
04/20/2017 04/20/17 For Sale $3,095,000 -- $907 / 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 $46,062 $3,801,458 $3,183,624 $617,834
2024 $46,062 $3,726,920 $3,121,200 $605,720
2023 $45,137 $3,653,844 $3,060,000 $593,844
2022 $44,599 $3,582,200 $3,000,000 $582,200
2021 $37,318 $2,964,323 $2,102,357 $861,966
2019 $36,078 $2,834,580 $2,040,000 $794,580
2018 $34,885 $2,820,000 $2,000,000 $820,000
2016 $34,208 $2,758,703 $2,122,080 $636,623
2015 $33,791 $2,717,266 $2,090,205 $627,061
2014 $33,253 $2,664,039 $2,049,261 $614,778
Source: Public Records

Agents Affiliated with this Home

  • Jeff Chertow

    Landlord's Agent in 2022

    Jeff Chertow

    Pinnacle Estate Properties

    (310) 456-3469

    4 in this area

    49 Total Sales

    Jeff Chertow
    Section Image
  • Daniel Milstein

    Tenant's Agent in 2022

    Daniel Milstein

    Christie's International Real Estate SoCal

    (310) 500-3900

    14 Total Sales

    Daniel Milstein
    Section Image
  • Susan Monus

    Seller's Agent in 2017

    Susan Monus

    Coldwell Banker Realty

    (310) 663-1554

    4 in this area

    28 Total Sales

    Susan Monus
    Section Image

  • J

    Buyer's Agent in 2017

    Jean Liu

See All Agents

Map

Source: The MLS

MLS Number: 22-160527

The MLS

APN: 4470-019-017

California Los Angeles County Malibu 90265 Encinal Bluffs

31663 Broad Beach Rd, Malibu, CA

Not Listed for Sale

Detached

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