Seller's Agent in 2021
Virginia Escobar
Pinnacle Estate Properties
(310) 457-2400
5 Total Sales
3938 Las Flores Canyon Rd Malibu, CA 90265
Estimated Value: $1,979,220 - $2,863,000
3
Beds
3
Baths
1,820
Sq Ft
$1,387/Sq Ft
Est. Value
Highlights
- Ocean View
- Wood Flooring
- No HOA
- Webster Elementary School Rated A
- Main Floor Bedroom
- 3-minute walk to Las Flores Creek Park
About This Home
As of February 2021Wonderful turnkey Ocean View home with a rental unit! Must see. Mountain views and Ocean breezes surround tranquil property with 4 multi level decks for capturing the Malibu experience. Upstairs main house: 3 bedroom/2 bath, or 2 bed with den/office. Master has private entry/exit with patio lounge area, walk in closet, Mr. Steam Spa shower. Abundant natural light in all rooms, wood flooring throughout, open kitchen, granite counters, wrap around deck with endless views. Lower Level: 1 Bed, 1 Bath separate living quarters/income unit. Short walk to beach, shops, restaurants, park. 20 min to downtown Santa Monica. Multi family zone per City of Malibu. Check with City to confirm zoning for full list of allowable uses.
Last Agent to Sell the Property
Pinnacle Estate Properties License #01961527 Listed on: 09/25/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $22,635
Year Built
- Built in 1939
Lot Details
- 6,893 Sq Ft Lot
- Fenced Yard
- Landscaped
- Sprinkler System
- Property is zoned Multi-Family
Property Views
- Ocean
- Panoramic
- Canyon
- Mountain
Home Design
- Bungalow
- Partial Copper Plumbing
Interior Spaces
- 1,820 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Sliding Doors
- Home Office
- Wood Flooring
- Alarm System
Kitchen
- Oven or Range
- Water Line To Refrigerator
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Bathrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Parking
- 4 Open Parking Spaces
- On-Street Parking
Outdoor Features
- Balcony
Utilities
- Central Heating and Cooling System
- Water Purifier
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4450-025-042
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2020
Closed on
Jan 11, 2021
Sold by
Howie Lawrence E and Howie Magretan
Bought by
Namjo Homayoun and Salehinia Raha
Seller's Agent
Virginia Escobar
Pinnacle Estate Properties
Buyer's Agent
Gita Bahrami
List Price
$1,780,000
Sold Price
$1,780,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,740
Avg. Annual Appreciation
8.01%
Original Mortgage
$822,375
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2017
Closed on
Jun 8, 2017
Sold by
Cobb Cynthia
Bought by
Howie Lawrence E and Howie Magretan
Seller's Agent
Gary Bluman
Real Estate Resources of CA
Buyer's Agent
Virginia Escobar
Pinnacle Estate Properties
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Purchase Details
Listed on
Sep 1, 2011
Closed on
Mar 28, 2012
Sold by
Orbison Alexander O
Bought by
Cobb Cynthia
Seller's Agent
Gary Bluman
Real Estate Resources of CA
Buyer's Agent
Aaron Montelongo
Compass
List Price
$975,000
Sold Price
$975,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Purchase Details
Closed on
Mar 13, 2007
Sold by
Farren Jon Derek
Bought by
Orbison Alexander O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 19, 2000
Sold by
Gullotti Angelo
Bought by
Farren Jon Derek
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
9.99%
Purchase Details
Closed on
Aug 16, 1994
Sold by
Kabo Austin Dorianne J
Bought by
Gullotti Angelo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.37%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Namjo Homayoun | $1,780,000 | Priority Title Camarillo | |
| Howie Lawrence E | $1,525,000 | Lawyers Title | |
| Cobb Cynthia | $975,009 | Advantage Title Inc | |
| Orbison Alexander O | -- | Security Union Title | |
| Farren Jon Derek | $650,000 | First American Title Co | |
| Gullotti Angelo | $285,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Namjo Homayoun | $822,375 | |
| Previous Owner | Orbison Alexander O | $975,000 | |
| Previous Owner | Farren Jon Derek | $812,000 | |
| Previous Owner | Farren Jon Derek | $200,000 | |
| Previous Owner | Farren Jon Derek | $795,000 | |
| Previous Owner | Farren Jon Derek | $127,500 | |
| Previous Owner | Farren Jon Derek | $637,500 | |
| Previous Owner | Farren Jon Derek | $465,000 | |
| Previous Owner | Gullotti Angelo | $228,000 | |
| Closed | Farren Jon Derek | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $1,780,000 | 0.0% | $978 / Sq Ft |
| 01/04/2021 01/04/21 | Pending | -- | -- | -- |
| 09/25/2020 09/25/20 | For Sale | $1,780,000 | +16.7% | $978 / Sq Ft |
| 06/12/2017 06/12/17 | Sold | $1,525,000 | -3.2% | $838 / Sq Ft |
| 05/10/2017 05/10/17 | Pending | -- | -- | -- |
| 05/03/2017 05/03/17 | For Sale | $1,575,000 | +3.3% | $865 / Sq Ft |
| 05/03/2017 05/03/17 | Off Market | $1,525,000 | -- | -- |
| 04/19/2017 04/19/17 | Price Changed | $1,575,000 | -3.1% | $865 / Sq Ft |
| 04/17/2017 04/17/17 | For Sale | $1,625,000 | +6.6% | $893 / Sq Ft |
| 04/14/2017 04/14/17 | Off Market | $1,525,000 | -- | -- |
| 04/06/2017 04/06/17 | For Sale | $1,625,000 | +6.6% | $893 / Sq Ft |
| 04/04/2017 04/04/17 | Off Market | $1,525,000 | -- | -- |
| 03/09/2017 03/09/17 | For Sale | $1,625,000 | 0.0% | $893 / Sq Ft |
| 01/30/2016 01/30/16 | Rented | $7,500 | 0.0% | -- |
| 01/29/2016 01/29/16 | Under Contract | -- | -- | -- |
| 01/28/2016 01/28/16 | Off Market | $7,500 | -- | -- |
| 01/08/2016 01/08/16 | For Rent | $7,500 | 0.0% | -- |
| 03/31/2012 03/31/12 | Sold | $975,000 | 0.0% | $536 / Sq Ft |
| 03/29/2012 03/29/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 03/29/2012 03/29/12 | Off Market | $975,000 | -- | -- |
| 03/18/2012 03/18/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 03/08/2012 03/08/12 | Off Market | $975,000 | -- | -- |
| 02/27/2012 02/27/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 02/16/2012 02/16/12 | Off Market | $975,000 | -- | -- |
| 02/05/2012 02/05/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 02/05/2012 02/05/12 | Off Market | $975,000 | -- | -- |
| 01/22/2012 01/22/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 01/22/2012 01/22/12 | Off Market | $975,000 | -- | -- |
| 01/12/2012 01/12/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 01/12/2012 01/12/12 | Off Market | $975,000 | -- | -- |
| 01/02/2012 01/02/12 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 01/02/2012 01/02/12 | Off Market | $975,000 | -- | -- |
| 12/22/2011 12/22/11 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 12/22/2011 12/22/11 | Off Market | $975,000 | -- | -- |
| 12/09/2011 12/09/11 | For Sale | $975,000 | 0.0% | $536 / Sq Ft |
| 12/09/2011 12/09/11 | Off Market | $975,000 | -- | -- |
| 11/18/2011 11/18/11 | Price Changed | $975,000 | -11.0% | $536 / Sq Ft |
| 09/01/2011 09/01/11 | For Sale | $1,095,000 | -- | $602 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $22,635 | $1,786,076 | $1,213,839 | $572,237 |
| 2024 | $22,635 | $1,888,948 | $1,322,264 | $566,684 |
| 2023 | $22,182 | $1,851,911 | $1,296,338 | $555,573 |
| 2022 | $21,868 | $1,815,600 | $1,270,920 | $544,680 |
| 2021 | $19,678 | $1,635,106 | $1,313,446 | $321,660 |
| 2020 | $19,565 | $1,618,341 | $1,299,979 | $318,362 |
| 2019 | $19,291 | $1,586,610 | $1,274,490 | $312,120 |
| 2018 | $18,324 | $1,555,500 | $1,249,500 | $306,000 |
| 2016 | $12,614 | $1,034,512 | $636,623 | $397,889 |
| 2015 | $12,448 | $1,018,974 | $627,061 | $391,913 |
| 2014 | $12,278 | $999,014 | $614,778 | $384,236 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Escobar
-
Gita Bahrami
G
Buyer's Agent in 2021
Gita Bahrami
(818) 406-4888
3 Total Sales
-
Gary Bluman
Seller's Agent in 2017
Gary Bluman
Real Estate Resources of CA
(310) 704-6866
3 Total Sales
-
Charley Chartoff
Seller Co-Listing Agent in 2012
Charley Chartoff
Real Estate Resources of CA
(310) 463-5497
-
Aaron Montelongo
Buyer's Agent in 2012
Aaron Montelongo
Compass
(310) 600-0288
25 Total Sales
Map
Source: The MLS
MLS Number: 20-637856
APN: 4450-025-042
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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