Seller's Agent in 2022
Justin Cumbee
Compass
(310) 924-4408
18 Total Sales
Estimated Value: $664,000 - $1,343,000
One of the most compelling land offerings in all of Malibu! This Woolsey Fire burnout encompasses 3 lots totaling approximately 1 acre on a peaceful, dead-end street less than 10 minutes from Pacific Coast Highway. The buyer will have rights to the expedited permit process which allows for "fast-tracked" rebuilding in the previous footprint and a 10% increase in size. The previous structure was approximately 2,300 square feet per building records and featured an ocean view from the second story, an endless pool, spa, approximately 1,000 square feet of deck space, and a detached studio/office with records to be verified. Current improvements on the lot include a driveway to the building pad, retaining walls, remnants of the foundation, and debris clearance signoff. The septic system was inspected and tested in January 2022 and is in good condition. Utilities including water, electric, and phone are located in the street, and there is a propane tank onsite. Escondido Canyon is a hidden gem with a verdant blend of old-growth oaks, pines, sycamores, and a seasonal stream with easily accessible hiking and riding trails nearby. This is a rare opportunity to build a custom home with infrastructure already in place, an expedited permitting process, and in a spectacular location completely immersed in nature! Contact listing agents for the offering memorandum.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delgado Nicolas E | $555,000 | First American Title Company O | |
| Rangsikitpho Joshua | $1,050,000 | Priority Title | |
| Gindick Jonathan F | -- | None Available | |
| Gindick Karen | -- | Southland Title Ventura | |
| Gindick Jonathan | -- | -- | |
| Gindick Karen | -- | California Title Company | |
| Gindick Karen | $660,000 | California Title Company |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rangsikitpho Joshua | $840,000 | |
| Previous Owner | Gindick Karen | $375,000 | |
| Previous Owner | Gindick Karen | $528,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $555,000 | -9.0% | $245 / Sq Ft | |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Sale | $610,000 | -41.9% | $269 / Sq Ft | |
| 11/03/2014 11/03/14 | Sold | $1,050,000 | 0.0% | $463 / Sq Ft | View Prior Sale |
| 10/04/2014 10/04/14 | Pending | -- | -- | -- | |
| 06/30/2014 06/30/14 | For Sale | $1,050,000 | -- | $463 / Sq Ft |
| 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 | $2,589 | $156,060 | $156,060 | -- |
| 2024 | $2,589 | $153,000 | $153,000 | -- |
| 2023 | $2,396 | $150,000 | $150,000 | $0 |
| 2022 | $10,380 | $849,500 | $849,393 | $107 |
| 2021 | $10,161 | $832,844 | $832,739 | $105 |
| 2019 | $9,913 | $808,143 | $808,041 | $102 |
| 2018 | $11,966 | $1,003,451 | $792,198 | $211,253 |
| 2016 | $11,506 | $964,487 | $761,437 | $203,050 |
| 2015 | $11,350 | $950,000 | $750,000 | $200,000 |
| 2014 | $4,248 | $354,436 | $141,773 | $212,663 |
Seller's Agent in 2022
Justin Cumbee
Compass
(310) 924-4408
18 Total Sales
Seller Co-Listing Agent in 2022
Russell Grether
Compass
(310) 589-2471
71 Total Sales
D
Seller's Agent in 2014
Drew Eric Davis
Old Oak Investments
Source: The MLS
MLS Number: 22-125877
APN: 4461-020-009