NOT LISTED FOR SALE

Estimated Value: $3,701,000 - $4,604,000

4 Beds
3.5 Baths
2,514 Sq Ft
$1,686/Sq Ft Est. Value

Last Sold March 01, 2016

Last sale price $2,400,000 $955 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $24,786/month

Highlights

  • Heated In Ground Pool
  • Peek-A-Boo Views
  • Dining Room with Fireplace
  • Malibu Elementary School Rated A
  • Cape Cod Architecture
  • Wood Flooring

About This Home

As of February 2024

An idyllic Cape Cod with a pool on upper Broad Beach available now for lease! This fully furnished home offers the quintessential Malibu lifestyle and is ideally located a moment's walk to the Lechuza Beach access with stunning rock formations and sandy coves. The property has undeniable curb appeal with a covered porch and a verdant front garden. As you enter the home, you are greeted by classic Malibu charm and character including wood-beamed ceilings, brick accents, and Spanish tile floors. The living room seamlessly connects to the family room with a picturesque built-in bench beneath the window, the perfect room for both hosting gatherings or relaxing and recharging. A gourmet kitchen is equipped with a breakfast bar, center island, tiled countertops, and stainless steel appliances including a Sub-Zero fridge and double ovens. The comfortable dining area features a beautiful brick fireplace and French doors leading to the peaceful backyard oasis. Surrounded by privacy hedges and beautifully landscaped grounds, enjoy a 58-foot heated lap pool/spa, built-in BBQ, dining area, and grassy lawn. There is an en-suite guest bedroom with outdoor access and a powder room on the entry-level. Upstairs, the sun-soaked primary suite offers peek-a-boo ocean views, a walk-in closet, and a spacious bathroom with a marble shower. The upper level boasts two more bedrooms and a full bathroom. Additional features include a laundry room, outdoor shower, driveway, 2-car garage with an electric car charger, and a brand new split A/C and heating system. The shops and restaurants of Trancas Country Market are conveniently located less than 2 miles away, along with beautiful sandy beaches and highly-rated schools. This is the perfect opportunity to experience coastal living in an incredible location! Available now through July 2024. January-May: $12,000/mo, June: $15,000/mo, July: $22,000/mo.

Last Agent to Rent the Property

Tony Mark

Compass License #01205648 Listed on: 01/12/2024

Compass

Co-Listed By

Russell Grether

Compass License #01836632

Compass

Last Renter's Agent

Russell Grether

Compass License #01836632

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1979

Lot Details

  • 7,550 Sq Ft Lot
  • Lot Dimensions are 71x110
  • Property is zoned LCR17500*

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,514 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $24,000
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4470-020-024

Home Details

Home Type

Single Family

Year Built

Built in 1979

Lot Details

7,550 Sq Ft Lot

Rental Info

  • Furnished: Furnished
  • Security Deposit: 24000
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Cape Cod
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 2514
  • Lot Acreage: 0.1733
  • Lot Dimensions: 71x110
  • Stories: 2
  • Year Built: 1979
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Carpet, Stone Tile, Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.77

Exterior Features

  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Multi/Zone
  • Heating: Zoned

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4470-020-024
  • Lot Size Area: 7550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jan 28, 2016
Sold by
Drapkin Steven G
Bought by
The Stonich Trust
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
DienDa Dinh
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Current Estimated Value
$4,237,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,837,643
Avg. Annual Appreciation
5.82%
Original Mortgage
$1,920,000
Outstanding Balance
$1,507,839
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,729,804
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Stonich Trust $2,400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Stonich Trust $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2024 02/01/24 Rented $14,167 +18.1% --
01/26/2024 01/26/24 Under Contract -- -- --
01/12/2024 01/12/24 For Rent $12,000 +4.3% --
09/29/2022 09/29/22 Rented $11,500 -11.5% --
09/20/2022 09/20/22 Under Contract -- -- --
08/08/2022 08/08/22 For Rent $13,000 +18.2% --
12/28/2020 12/28/20 Rented $11,000 -13.7% --
12/06/2020 12/06/20 Under Contract -- -- --
11/03/2020 11/03/20 Price Changed $12,750 -5.6% $5 / Sq Ft
09/14/2020 09/14/20 Price Changed $13,500 -10.0% $5 / Sq Ft
08/12/2020 08/12/20 For Rent $15,000 +30.4% --
11/05/2018 11/05/18 Rented $11,500 -8.0% --
11/01/2018 11/01/18 Under Contract -- -- --
08/27/2018 08/27/18 For Rent $12,500 +8.7% --
03/17/2018 03/17/18 Rented $11,500 +9.5% --
01/14/2018 01/14/18 Price Changed $10,500 -12.5% $4 / Sq Ft
12/04/2017 12/04/17 Price Changed $12,000 -4.0% $5 / Sq Ft
09/11/2017 09/11/17 For Rent $12,500 +13.6% --
12/01/2016 12/01/16 Rented $11,000 -12.0% --
09/26/2016 09/26/16 Price Changed $12,500 -16.7% $5 / Sq Ft
06/13/2016 06/13/16 For Rent $15,000 0.0% --
03/01/2016 03/01/16 Sold $2,400,000 -10.9% $955 / Sq Ft View Prior Sale
09/10/2015 09/10/15 For Sale $2,695,000 -- $1,072 / 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 $32,848 $2,841,104 $2,082,768 $758,336
2024 $32,848 $2,785,397 $2,041,930 $743,467
2023 $32,162 $2,730,783 $2,001,893 $728,890
2022 $31,785 $2,677,240 $1,962,641 $714,599
2021 $31,029 $2,624,746 $1,924,158 $700,588
2019 $30,423 $2,546,897 $1,867,088 $679,809
2018 $28,878 $2,496,959 $1,830,479 $666,480
2016 $8,072 $662,517 $378,498 $284,019
2015 $7,961 $652,566 $372,813 $279,753
2014 $7,858 $639,785 $365,511 $274,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-345743

The MLS

APN: 4470-020-024

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