NOT LISTED FOR SALE

Estimated Value: $5,386,000 - $9,484,000

4 Beds
3 Baths
1,754 Sq Ft
$4,441/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Detached Guest House
  • Gated Parking
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Modern Architecture

About This Home

As of July 2018

Available for long term furnished rental starting September 2018. Owner will consider short terms at $50,000/month with 2 month minimum. Located within the exclusive Broad Beach area of Malibu this home is nestled in a bluff above the beautiful Pacific Ocean & offers direct beach access down your own private staircase to the sandy shores below. This property sits behind private gate & offers incredible oceanfront location where tranquility & indoor/outdoor lifestyle are combined. 4 bedrooms including a detached pool/guest house. Top of the line finishes & fixtures throughout, central heat/air conditioning. The interior spaces of the home are impeccably furnished & offer large glass doors that recede into the wall leaving an expansive opening that allows the ocean breeze into this unique home. The large pool & spa are set among the landscaped grounds, which include two large decks that are the perfect setting for sunset viewing.

Last Agent to Rent the Property

Tara Switzer

Coldwell Banker Realty License #01422161 Listed on: 06/05/2018

Coldwell Banker Realty

Last Renter's Agent

Sean Constine

Nourmand & Associates-HW License #01927991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • Ocean Front
  • Property is zoned LCR1*

Home Design

  • Modern Architecture

Interior Spaces

  • 1-Story Property
  • Furnished
  • Living Room with Fireplace
  • Dining Area
  • Concrete Flooring
  • White Water Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Gated Parking
  • Uncovered Parking

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Additional Features

  • Open Patio
  • Detached Guest House

Listing and Financial Details

  • Security Deposit $57,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Rent includes gardener, pool
  • 12 Month Lease Term
  • Assessor Parcel Number 4470-024-051

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Paid By: Tenant
  • Furnished: Furnished
  • Rent Includes: Gardener, Pool
  • Security Deposit: 57000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: no complex
  • Lease Terms: 1+Year
  • Stories: 1
  • Year Built: 1981
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stained Concrete
  • Appliances: Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, Hot Tub
  • Spa Yn: Yes
  • View: Ocean, White Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Parking Garage: Gated, Uncovered
  • Total Parking: 3

Utilities

  • TV Svcs: Tv Satellite Dish
  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: No
  • Assessor Parcel Number: 4470-024-051
  • Geocode Override: No
  • Lot Size Area: 11118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2007
Sold by
Stein Stanton L and Stein Jackie J
Bought by
Broad Beach Bluffs Llc
Current Estimated Value
$7,788,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$2,868,356
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$4,920,548

Purchase Details

Closed on
May 30, 2002
Sold by
Stein Stanton L and Stein Jaclyn J
Bought by
Stein Stanton L

Purchase Details

Closed on
Mar 25, 1998
Sold by
Stein Stanton L and Stein Jaclyn J
Bought by
Stein Stanton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.18%

Purchase Details

Closed on
Feb 4, 1997
Sold by
Morita Toshiko
Bought by
Stein Stanton L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.66%
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
Broad Beach Bluffs Llc $6,700,000 Ticor Title Co Glendale
Stein Stanton L -- --
Stein Stanton L -- --
Stein Stanton L -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broad Beach Bluffs Llc $5,000,000
Previous Owner Stein Stanton L $735,000
Previous Owner Stein Stanton L $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2018 07/09/18 Rented $28,500 0.0% --
06/05/2018 06/05/18 For Rent $28,500 +3.6% --
10/01/2014 10/01/14 Rented $27,500 0.0% --
10/01/2014 10/01/14 Under Contract -- -- --
01/28/2014 01/28/14 For Rent $27,500 -- --
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 $103,765 $8,976,589 $7,181,278 $1,795,311
2024 $103,765 $8,800,578 $7,040,469 $1,760,109
2023 $101,803 $8,628,019 $6,902,421 $1,725,598
2022 $100,708 $8,458,843 $6,767,080 $1,691,763
2021 $98,374 $8,292,985 $6,634,393 $1,658,592
2019 $96,495 $8,047,013 $6,437,614 $1,609,399
2018 $91,764 $7,889,230 $6,311,387 $1,577,843
2016 $88,568 $7,582,883 $6,066,309 $1,516,574
2015 $87,417 $7,468,982 $5,975,188 $1,493,794
2014 $86,030 $7,322,676 $5,858,143 $1,464,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-351404

The MLS

APN: 4470-024-051