$8,825,000
SOLD DEC 18, 2024
4 Beds
5 Baths
2,902 Sq Ft
7,248 Sq Ft Lot

Recently Sold

$3,041 Per Sq Ft

16% Below List Price

98 Days on Market

Highlights

  • White Water Ocean Views
  • Detached Guest House
  • Wood Flooring
  • Malibu Elementary School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of December 2024

Spectacular unobstructed 180 degree panoramic whitewater, ocean and coastline views from this immaculate modern showplace on the bluffs of Broad Beach. Completely renovated with top of the line finishes throughout including a custom designed kitchen with all Miele appliances. Incredible ocean view decks with firepit and BBQ offer an exquisite outdoor entertaining area. The primary suite has walls of glass capturing the panoramic ocean and stunning sunset views. Drift off to sleep as you hear the waves crashing below. There are also two additional en-suite bedrooms with a large terrace overlooking the garden. A separate detached guest suite with kitchenette at the front of the property, allow the perfect space for guests. Situated above sandy Sea Level beach with direct beach access a few doors down. Two car private garage with additional parking for four cars in front. This incredible ocean view property is the perfect place to unwind and enjoy Malibu living at its best.

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 08/12/2024

Pinnacle Estate Properties

Last Buyer's Agent

Catherine Ross

Sotheby's International Realty License #02085322

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,156

Year Built

  • Built in 1980

Lot Details

  • 7,248 Sq Ft Lot
  • Lot Dimensions are 47x160
  • Property is zoned LCR1*

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Driveway

Property Views

  • White Water Ocean
  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,902 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Area
  • Alarm System

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Fire Pit
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4470-024-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,156

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2902
  • Lot Acreage: 0.1664
  • Lot Dimensions: 47x160
  • Stories: 2
  • Year Built: 1980
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Cement, Wood, Tile
  • Bedrooms: 4
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room, Outside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Built-Ins, Microwave, Hood Fan, Barbeque
  • Price Per S Q F T: 3444.18

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Water, White Water, Coastline, Ocean, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Private Garage, Driveway - Concrete
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4470-024-046
  • Lot Size Area: 7248

Rental Info

  • Furnished: Furnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Dec 2, 2024
Sold by
Klaerner Gerrit and Klaerner Melissa Miksch
Bought by
Izadi Shahram and Izadi Louise
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Catherine Ross
Sotheby's International Realty
List Price
$10,500,000
Sold Price
$8,825,000
Premium/Discount to List
-$1,675,000
-15.95%
Views
127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$4,853,750
Outstanding Balance
$4,827,064
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$4,226,307

Purchase Details

Listed on
Sep 23, 2019
Closed on
Jan 2, 2020
Sold by
Banz Alfred and Banz Maria
Bought by
Klaerner Gerrit and Klaerner Melissa Miksch
Seller's Agent
Rodrigo Iglesias
Hilton & Hyland
Buyer's Agent
Chris Cortazzo
Compass
List Price
$6,950,000
Sold Price
$6,100,000
Premium/Discount to List
-$850,000
-12.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$3,000,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Banz Alfred
Bought by
Banz Alfred and Banz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 7, 2015
Closed on
Oct 26, 2016
Sold by
Pierce Virginia Sue
Bought by
Izbicki Mark A
Seller's Agent
Carol Bird
CBird and Company
Buyer's Agent
Rodrigo Iglesias
Hilton & Hyland
List Price
$3,950,000
Sold Price
$3,800,000
Premium/Discount to List
-$150,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Listed on
Oct 7, 2015
Closed on
Oct 7, 2016
Sold by
Kasper Lynn
Bought by
Banz Alfred and Banz Maria
Seller's Agent
Carol Bird
CBird and Company
Buyer's Agent
Rodrigo Iglesias
Hilton & Hyland
List Price
$3,950,000
Sold Price
$3,800,000
Premium/Discount to List
-$150,000
-3.8%

Purchase Details

Closed on
Mar 18, 2004
Sold by
Izbicki Carl E
Bought by
Kasper Lynne I and Izbicki Mark A

Purchase Details

Closed on
Apr 14, 1995
Sold by
Izbicki Carl
Bought by
Izbicki Carl E and Carl E Izbicki Qualified Personal Reside

Purchase Details

Closed on
Sep 21, 1983
Sold by
Izbicki Carl E and Izbicki Helen P
Bought by
Izbicki Carl E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,825,000 Priority Title
Grant Deed $6,100,000 Usa National Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Quit Claim Deed -- Lawyers Title
Grant Deed $3,800,000 Lawyers Title Company
Interfamily Deed Transfer -- Chicago
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 Credit Line Revolving
Open $4,853,750 New Conventional
Previous Owner $3,000,000 New Conventional
Previous Owner $1,400,000 No Value Available
Previous Owner $400,000 Construction
Previous Owner $1,250,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $9,900,000 +12.2% $3,373 / Sq Ft
12/18/2024 12/18/24 Sold $8,825,000 -11.7% $3,041 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $9,995,000 -4.8% $3,444 / Sq Ft
08/12/2024 08/12/24 For Sale $10,500,000 +72.1% $3,618 / Sq Ft
01/09/2020 01/09/20 Sold $6,100,000 -5.4% $2,102 / Sq Ft
10/22/2019 10/22/19 Price Changed $6,450,000 -7.2% $2,223 / Sq Ft
09/23/2019 09/23/19 For Sale $6,950,000 +82.9% $2,395 / Sq Ft
10/28/2016 10/28/16 Sold $3,800,000 -1.3% $1,226 / Sq Ft
09/11/2016 09/11/16 Price Changed $3,850,000 -2.5% $1,242 / Sq Ft
06/18/2016 06/18/16 For Sale $3,950,000 0.0% $1,274 / Sq Ft
06/18/2016 06/18/16 Price Changed $3,950,000 +3.9% $1,274 / Sq Ft
06/15/2016 06/15/16 Off Market $3,800,000 -- --
02/17/2016 02/17/16 Price Changed $4,150,000 -4.6% $1,339 / Sq Ft
09/01/2015 09/01/15 For Sale $4,350,000 0.0% $1,403 / Sq Ft
01/26/2014 01/26/14 Rented $8,900 -9.2% --
01/26/2014 01/26/14 Under Contract -- -- --
08/02/2013 08/02/13 For Rent $9,800 0.0% --
06/05/2013 06/05/13 Rented $9,800 0.0% --
06/05/2013 06/05/13 Under Contract -- -- --
03/16/2013 03/16/13 For Rent $9,800 +8.9% --
06/18/2012 06/18/12 Rented $9,000 0.0% --
06/18/2012 06/18/12 Under Contract -- -- --
05/10/2012 05/10/12 For Rent $9,000 -- --
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
2024 $78,156 $6,540,429 $5,232,345 $1,308,084
2023 $76,654 $6,412,186 $5,129,750 $1,282,436
2022 $75,845 $6,286,458 $5,029,167 $1,257,291
2021 $74,075 $6,163,195 $4,930,556 $1,232,639
2020 $49,800 $4,032,590 $3,183,624 $848,966
2019 $49,086 $3,953,520 $3,121,200 $832,320
2018 $46,761 $3,876,000 $3,060,000 $816,000
2016 $10,925 $704,632 $339,580 $365,052
2015 $10,820 $694,049 $334,480 $359,569
2014 $10,642 $680,454 $327,928 $352,526
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-425855

The MLS

APN: 4470-024-046