NOT LISTED FOR SALE

4707 Avenida Del Mar Malibu, CA 90265

Estimated Value: $2,419,000 - $5,038,000

0.54 Acre
$6,024,874 Price per Acre
23,496 Sq Ft Lot

Last Sold June 05, 2023

Last sale price $2,100,000 $704 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $17,831/month

10 Days on Market

About This Lot

As of June 2023

An incredible opportunity to build your dream home with protected panoramic ocean views, situated just 2 minutes from Pacific Coast Hwy, above La Piedra beach within close proximity to El Matador beach and Zuma beach. Whitewater views during low tide as property is only one quarter of a mile from the ocean. After several years of hard work and preparation, this great homesite with exceptional curb appeal on a private cul de sac is shovel ready to be rebuilt. All plans have been approved and permits obtained to build an approximately 3600 sq ft modern residence. There's nothing left to do except to begin construction. Better than raw land, significant savings is realized with the existing foundations and septic system also approved. This is a huge saving of time and money. The hard work is done! Immediately start developing your own ocean view dream home in Malibu. Also available for sale is luxury 5th wheel trailer, 2 baths, dishwasher, washer dryer, full size fridge, seldom used, never traveled. Connected to all amenities on the property.

Last Agent to Sell the Property

Jeff Chertow

Pinnacle Estate Properties License #00976750 Listed on: 04/24/2023

Pinnacle Estate Properties

Co-Listed By

Tigran Arutunian

Discovery Realty and Finance License #00991108

Last Buyer's Agent

Paul Woodman

Coldwell Banker Realty License #01338766

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,426

Lot Details

  • 0.54 Acre Lot
  • Property is zoned LCR120

Property Views

  • White Water Ocean
  • Coastline
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4473-010-035

Property Details

Property Type

Land

Est. Annual Taxes

$25,426

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.5394
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Mountains, Coastline, White Water
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4473-010-035
  • Lot Size Area: 23495

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jun 22, 2023
Sold by
Jones Trust
Bought by
4707 Avenida Del Mar Llc
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Paul Woodman
Coldwell Banker Realty
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
63
Current Estimated Value
$2,869,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,802
Avg. Annual Appreciation
19.44%

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 9, 2023
Sold by
Vincik Leonard J and Vincik Margita M
Bought by
Jones Trust
Seller's Agent
Jeff Chertow
Pinnacle Estate Properties
Buyer's Agent
Paul Woodman
Coldwell Banker Realty
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Views
63

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 2, 2012
Sold by
Seror David and Estate Of Steven Louis Carter
Bought by
Vincik Leonard J and Vincik Margita M
Seller's Agent
Jon Saver
Sotheby's International Realty
Buyer's Agent
Ivana Sekerka
Malibu Properties Inc.
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%

Purchase Details

Closed on
Feb 5, 2002
Sold by
Carter Steven L
Bought by
Carter Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.8%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Carter Wanjiku
Bought by
Carter Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
7.76%

Purchase Details

Closed on
May 3, 1995
Sold by
Home Svgs Of America Fsb
Bought by
Carter Steven L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
8.43%

Purchase Details

Closed on
Jul 21, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
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
4707 Avenida Del Mar Llc -- Priority Title
4707 Avenida Del Mar Llc -- Priority Title
Jones Trust $2,100,000 Priority Title
Vincik Leonard J $950,000 Advantage Title Inc
Carter Steven L -- First American Title Co
Carter Steven L -- --
Carter Steven L $485,000 Investors Title
Home Svgs Of America Fsb $554,222 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Steven L $542,000
Previous Owner Carter Steven L $123,000
Previous Owner Carter Steven L $585,000
Previous Owner Carter Steven L $600,000
Previous Owner Carter Steven L $75,000
Previous Owner Carter Steven L $433,000
Previous Owner Carter Steven L $388,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Sold $2,100,000 -4.3% $704 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $2,195,000 +131.1% $736 / Sq Ft
05/21/2012 05/21/12 Sold $950,000 -4.5% $318 / Sq Ft
04/25/2012 04/25/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $995,000 -- $334 / Sq Ft
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 $25,426 $2,184,840 $2,158,830 $26,010
2024 $25,426 $2,142,000 $2,116,500 $25,500
2023 $8,366 $664,108 $663,999 $109
2022 $8,270 $651,087 $650,980 $107
2021 $8,114 $638,321 $638,216 $105
2019 $7,910 $619,389 $619,287 $102
2018 $12,602 $1,048,706 $607,145 $441,561
2016 $12,115 $1,007,985 $583,570 $424,415
2015 $11,953 $992,845 $574,805 $418,040
2014 $11,795 $973,398 $563,546 $409,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-263183

The MLS

APN: 4473-010-035