C
Seller's Agent in 2023
Craig Parry
Beverly and Company
43500 Pacific Coast Hwy Malibu, CA 90265
Malibu AreaEstimated Value: $2,407,971
1
Bed
1
Bath
773
Sq Ft
$3,115/Sq Ft
Est. Value
Highlights
- Beach Front
- Updated Kitchen
- Wood Flooring
- White Water Ocean Views
- Deck
- Quartz Countertops
About This Home
As of March 2023REDUCED! WOW! If you’ve been looking for a well-maintained beachfront Malibu home at the lowest price point on the market, this is your opportunity!
Located at the end of a small neighborhood of beachfront homes, this 1 bed/1 bath SFR, nicknamed the “Malibu Beach Pad”, boasts jaw dropping oceanfront views throughout and has a generously sized 35 foot private deck that is perfect for sunbathing. The home has also just undergone major, fully permitted renovations to redo the foundation, kitchen, and bathroom for its next owner to enjoy the Malibu beachfront lifestyle.
The newly remodeled kitchen features a brand new quartz countertop, backsplash, and sink. The bathroom includes a redesigned glass shower, rain shower head system, LED mirror light, and updated vanity. The bedroom and living room feature large sliding glass doors that open up to a private, wraparound beach view deck. There’s plenty of space for patio furniture to enjoy the sunrise with coffee or epic sunsets. The house also has private beach stairs which lead you down to a secluded and sandy dog-friendly beach. The foundation has just had all of its 4 ocean-facing piles renovated by hand all the way down to the beach’s bedrock and numerous wood beams replaced with marine-grade materials with stainless steel nuts and bolts.
The current owner has turned the property into one of the hottest short term rentals in Malibu. You can continue to earn amazing cash flow with this turnkey property through short-term rentals without any issues related to Malibu’s pending Short Term Rental restrictions since this property is located outside city limits in Ventura County. Or make this home your own private beach getaway that is only 10 minutes from local shops and restaurants, yet is located on one of Malibu’s most secluded beachfront neighborhoods. Show and Sell! Let's open escrow today!
Last Agent to Sell the Property
Craig Parry
Beverly and Company License #00963612 Listed on: 11/03/2022
Last Buyer's Agent
Shawn Karami
Rodeo Realty License #01234660
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Home Details
Home Type
- Single Family
Year Built
- Built in 1960
Lot Details
- 4,575 Sq Ft Lot
- Beach Front
- Vinyl Fence
- Drip System Landscaping
- Sprinkler System
- Property is zoned R2
Property Views
- White Water Ocean
- Coastline
Home Design
- Turnkey
- Pillar, Post or Pier Foundation
Interior Spaces
- 773 Sq Ft Home
- 1-Story Property
- Living Room
- Wood Flooring
- Home Security System
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Range
- Microwave
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Remodeled Bathroom
- 1 Full Bathroom
- Walk-in Shower
- Exhaust Fan In Bathroom
Parking
- Parking Available
- Gravel Driveway
Outdoor Features
- Deck
- Wrap Around Porch
- Patio
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 7000080275
Community Details
Overview
- No Home Owners Association
Recreation
- Hiking Trails
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2022
Closed on
Mar 8, 2023
Sold by
Bought by
Seller's Agent
Craig Parry
Beverly and Company
Buyer's Agent
Shawn Karami
Rodeo Realty
List Price
$2,700,000
Sold Price
$2,525,000
Premium/Discount to List
-$175,000
-6.48%
Views
399
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
-$117,029
Avg. Annual Appreciation
-1.39%
Original Mortgage
$2,020,000
Outstanding Balance
$1,925,316
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$482,655
Purchase Details
Closed on
Aug 9, 2021
Sold by
Bought by
Purchase Details
Listed on
Jan 7, 2020
Closed on
Jul 29, 2020
Sold by
Bought by
Seller's Agent
Barry Kinyon
Compass
Buyer's Agent
User49 Train
List Price
$2,249,000
Sold Price
$1,997,500
Premium/Discount to List
-$251,500
-11.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.20%
Original Mortgage
$1,598,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2019
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 2012
Sold by
Bought by
Purchase Details
Closed on
Jul 4, 2003
Sold by
Bought by
Purchase Details
Closed on
Mar 15, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 7, 1994
Sold by
Bought by
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,525,000 | Timios Title | ||
| -- | None Available | ||
| $1,997,500 | Equity Title Los Angeles | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | Stewart Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,020,000 | ||
| Previous Owner | $1,598,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2023 03/17/23 | Sold | $2,525,000 | -1.9% | $3,266 / Sq Ft | |
| 02/17/2023 02/17/23 | Pending | -- | -- | -- | |
| 11/30/2022 11/30/22 | Price Changed | $2,575,000 | -4.6% | $3,331 / Sq Ft | |
| 11/03/2022 11/03/22 | For Sale | $2,700,000 | +35.2% | $3,493 / Sq Ft | |
| 08/27/2020 08/27/20 | Sold | $1,997,500 | -11.2% | $2,584 / Sq Ft | View Prior Sale |
| 07/10/2020 07/10/20 | Pending | -- | -- | -- | |
| 01/07/2020 01/07/20 | For Sale | $2,249,000 | -- | $2,909 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,735 | $2,627,010 | $1,707,817 | $919,193 |
| 2024 | $27,735 | $2,575,500 | $1,674,330 | $901,170 |
| 2023 | $23,367 | $2,078,199 | $1,350,960 | $727,239 |
| 2022 | $22,251 | $2,037,450 | $1,324,470 | $712,980 |
| 2021 | $21,875 | $1,997,500 | $1,298,500 | $699,000 |
| 2020 | $2,042 | $181,614 | $107,708 | $73,906 |
| 2019 | $1,979 | $178,054 | $105,597 | $72,457 |
| 2018 | $1,950 | $174,564 | $103,527 | $71,037 |
| 2017 | $1,889 | $171,143 | $101,498 | $69,645 |
| 2016 | $1,833 | $167,788 | $99,508 | $68,280 |
| 2015 | $1,826 | $165,269 | $98,014 | $67,255 |
| 2014 | $1,771 | $162,034 | $96,095 | $65,939 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2023
Shawn Karami
Rodeo Realty
-
Barry Kinyon
Seller's Agent in 2020
Barry Kinyon
Compass
(310) 251-9254
14 Total Sales
-
Marcus Beck
Seller Co-Listing Agent in 2020
Marcus Beck
Sotheby's International Realty
(310) 456-9405
27 Total Sales
-
U
Buyer's Agent in 2020
User49 Train
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22235405
APN: 700-0-080-275
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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