NOT LISTED FOR SALE

3700 La Paz Ln Malibu, CA 90265

3.6 Acres
-- Price per Acre
156,668 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $3,550,000

56 Days on Market

About This Lot

As of May 2021

An exceptional piece of land awaits you on 3.65+ac within the former Rancho Topanga Malibu Sequit land grant area. A mile inland from the Pacific Coast Highway, this exclusive Malibu location affords you coastal access and stunning Pacific Ocean views. Build your ideal Southern California lifestyle taking full advantage of the Pacific Ocean breezes to the south and the Santa Monica Mountain vistas to the north. Live just a short, scenic stroll away from the beach, Malibu Lagoon, Whole Foods, the library, and Malibu Country Mart, a pristine boutique mall and entertainment center for high-end shopping and dining. Whether you dream of designing a private coastal retreat to get away from it all or a heritage estate to entertain multiple generations of family and friends, 3700 La Paz is ready to make that vision a reality.

Last Agent to Sell the Property

Kurt Rappaport

Westside Estate Agency Inc. License #01036061 Listed on: 03/19/2021

Westside Estate Agency Inc.

Co-Listed By

Drew Meyers

Westside Estate Agency Inc. License #01865732

Last Buyer's Agent

Rodrigo Iglesias

Hilton & Hyland License #00994039

Hilton & Hyland

Property Details

Property Type

  • Land

Lot Details

  • 3.6 Acre Lot
  • Property is zoned MACC*

Property Views

  • Ocean
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4458-022-025

Property Details

Property Type

Land

Lot Details

3.6 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 3.5966
  • State Abbrv: CA
  • Special Features: Auction
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, Ocean
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4458-022-025
  • Lot Size Area: 156669
  • Staked: Yes
  • Topography: Downhill,Flat,Uphill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 29, 2021
Sold by
Malibu Senior Housing Llc
Bought by
Hirshberg Family Trust and Hirshberg
Seller's Agent
Kurt Rappaport
Westside Estate Agency Inc.
Buyer's Agent
Rodrigo Iglesias
Hilton & Hyland
List Price
$4,990,000
Sold Price
$3,550,000
Premium/Discount to List
-$1,440,000
-28.86%

Purchase Details

Closed on
Feb 12, 2020
Sold by
Malibu Development Company Llc
Bought by
Malibu Senior Housing Llc

Purchase Details

Closed on
Jan 28, 2020
Sold by
City Of Malibu
Bought by
Malilbu Development Company Llc

Purchase Details

Closed on
Dec 19, 2019
Sold by
Malibu Development Company Llc
Bought by
Malibu Senior Housing Llc

Purchase Details

Listed on
Nov 9, 2015
Closed on
Apr 25, 2016
Sold by
Knapp Joan Beverly
Bought by
Malibu Senior Housing Llc
Seller's Agent
Barrie Livingstone
Sotheby's International Realty
Buyer's Agent
Barrie Livingstone
Sotheby's International Realty
List Price
$4,150,000
Sold Price
$3,600,000
Premium/Discount to List
-$550,000
-13.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
3.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 8, 2012
Sold by
The Joan Beverly Knapp Living Trust
Bought by
Steven John Knapp Living Trust

Purchase Details

Closed on
Aug 31, 2012
Sold by
Knapp Joan B
Bought by
Knapp Joan Beverly and The Joan Beverly Knapp Living Trust
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hirshberg Family Trust $3,550,000 Lawyers Title
Malibu Senior Housing Llc -- First American Title Ins Co
Malilbu Development Company Llc -- First American Title Ins Co
Malibu Senior Housing Llc -- First American Title Ins Co
Malibu Senior Housing Llc $3,600,000 Fidelity Sherman Oaks
Steven John Knapp Living Trust -- None Available
Knapp Joan Beverly -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Malibu Senior Housing Llc $2,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $3,550,000 -28.9% --
03/19/2021 03/19/21 For Sale $4,990,000 +38.6% --
04/29/2016 04/29/16 Sold $3,600,000 -13.3% -- View Prior Sale
12/12/2015 12/12/15 Pending -- -- --
11/09/2015 11/09/15 For Sale $4,150,000 -- --
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 $68,101 $3,842,633 $3,842,633 --
2024 $68,101 $3,767,288 $3,767,288 --
2023 $62,285 $3,693,420 $3,693,420 $0
2022 $62,410 $3,621,000 $3,621,000 $0
2021 $67,004 $3,937,124 $3,937,124 $0
2020 $67,139 $3,896,754 $3,896,754 $0
2019 $66,660 $3,820,348 $3,820,348 $0
2018 $65,527 $3,745,440 $3,745,440 $0
2016 $2,073 $94,704 $94,704 $0
2015 $2,050 $93,282 $93,282 $0
2014 $2,089 $91,455 $91,455 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-707936

The MLS

APN: 4458-022-025

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