NOT LISTED FOR SALE

32052 Pacific Coast Hwy Malibu, CA 90265

Encinal Bluffs Neighborhood

Estimated Value: $3,769,923 - $6,407,000

5 Beds
4 Baths
3,530 Sq Ft
$1,460/Sq Ft Est. Value

Highlights

  • Ocean View
  • Detached Guest House
  • Maid or Guest Quarters
  • Malibu Elementary School Rated A
  • Two Primary Bedrooms
  • Bonus Room

About This Home

As of December 2015

Private compound with sweeping ocean views and deeded beach access located on a gated driveway next to El Matador State Park & Beach. Behind a beautiful antique gate and garden walls, the property has three, separate structures featuring a three bedroom main house, a detached guest house in the round, and a one bedroom & bath "boat house" with a bonus room. Entertainment areas include a stunning ocean view deck and a lovely flower filled courtyard. This is the ultimate beach retreat, offering more space, bedrooms & baths, privacy and parking and security than most beach properties in this price range. Remodel completed in 2012 and new central HVAC added in 2015.

Last Agent to Rent the Property

Mary Ellen Sherry

Sotheby's International Realty License #01323927 Listed on: 04/16/2015

Last Renter's Agent

Wendy Carroll

Westside Estate Agency-Malibu License #01188306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,246

Year Built

  • Built in 1965

Lot Details

  • 0.4 Acre Lot
  • Gated Home
  • Property is zoned LCRA75

Property Views

  • Ocean
  • Panoramic

Interior Spaces

  • 3,530 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Area
  • Bonus Room
  • Stone Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Studio bedroom
  • Maid or Guest Quarters
  • 4 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Car Direct Access Garage
  • Converted Garage
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Guest Parking

Outdoor Features

  • Open Patio

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $47,985
  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4473-012-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,246

Year Built

Built in 1965

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 47985
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Advertising Remarks: Private compound with sweeping ocean views and deeded beach access located on a gated driveway just above El Matador Beach. There are three, separate structures featuring a three bedroom main house, a detached guest house in the round, and a one bedroom & bath "boat house" with a bonus room. Entertainment areas include a stunning ocean view deck and a beautiful flower filled courtyard created by the property walls. This is the ultimate beach retreat, offering more space, bedrooms & baths, privacy and parking than most beach properties in this price range. Remodel completed in 2012 and new central HVAC added in 2015. Contact listing agent Mary Ellen Sherry, with Sotheby's International Realty for showings: 310-383-6683.
  • Complex Name: NA
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 3530
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1965
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Guest House
  • Flooring: Stone
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 4.25

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Driveway - Concrete, Garage - 2 Car, Garage Is Attached, Parking for Guests - Onsite
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Central, Wall Unit(s)
  • Heating: Central, Combination, Electric
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4473-012-003
  • Geocode Override: No
  • Lot Size Area: 17311

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2011
Sold by
Pentikis Dean and Pentikis Evelyn K
Bought by
Maheswaran Mohan and Maheswaran Komathy
Current Estimated Value
$4,795,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
2.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2007
Sold by
Gelfand Todd and The Trumpton Trust
Bought by
Pentikis Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2006
Sold by
Malibu Environmental Llc
Bought by
Gelfand Todd and The Trumpton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2006
Sold by
Martello Mark Anthony
Bought by
Chartoff Charley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2004
Sold by
Naimark Hedwin and Naimark Robert
Bought by
Martello Mark Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,927,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1995
Sold by
Naimark Hedwin and Naimark Robert
Bought by
Naimark Hedwin
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
Maheswaran Mohan $2,100,000 Equity Title Los Angeles
Pentikis Dean -- None Available
Gelfand Todd -- Equity Title
Malibu Environmental Llc -- Equity Title
Chartoff Charley -- Equity Title Company
Martello Mark Anthony $2,180,000 First American Title Co
Naimark Hedwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maheswaran Mohan $100,000
Previous Owner Pentikis Dean $3,000,000
Previous Owner Gelfand Todd $1,998,000
Previous Owner Chartoff Charley $1,700,000
Previous Owner Martello Mark Anthony $1,927,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2015 12/07/15 Rented $16,000 +6.7% --
10/13/2015 10/13/15 For Rent $14,995 0.0% --
09/02/2015 09/02/15 Off Market $14,995 -- --
07/28/2015 07/28/15 Price Changed $14,995 -6.3% $4 / Sq Ft
04/16/2015 04/16/15 For Rent $15,995 +23.0% --
11/10/2014 11/10/14 Rented $13,000 -13.3% --
11/10/2014 11/10/14 Under Contract -- -- --
09/27/2014 09/27/14 For Rent $14,995 -- --
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 $31,246 $2,690,462 $2,626,410 $64,052
2024 $31,246 $2,637,709 $2,574,912 $62,797
2023 $30,641 $2,585,990 $2,524,424 $61,566
2022 $30,233 $2,535,285 $2,474,926 $60,359
2021 $29,523 $2,485,575 $2,426,399 $59,176
2019 $28,863 $2,408,984 $2,354,432 $54,552
2018 $27,349 $2,364,564 $2,308,267 $56,297
2016 $26,367 $2,272,747 $2,218,635 $54,112
2015 $26,012 $2,238,610 $2,185,310 $53,300
2014 $25,629 $2,194,759 $2,142,503 $52,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-897319

The MLS

APN: 4473-012-003