Seller's Agent in 2024
Chris Cortazzo
Compass
(310) 489-7091
204 Total Sales
5707 Busch Dr Malibu, CA 90265
Estimated Value: $4,158,000 - $4,701,540
4
Beds
2.5
Baths
2,468
Sq Ft
$1,799/Sq Ft
Est. Value
Highlights
- Ocean View
- 24-Hour Security
- Open Floorplan
- Malibu Elementary School Rated A
- Heated In Ground Pool
- Atrium Room
About This Home
As of December 2024Brand new and superbly crafted, this stunning, single-level contemporary residence is an architectural achievement in wood and glass. Beautiful wood ceilings and floors throughout, walls of glass, and magnificent ocean and mountain views suggest a lifestyle of elegant comfort and lively entertaining. At the heart of the house is an ocean-view great room of exceptional beauty, with floor-to-ceiling windows and disappearing doors that open to a full-width lounging deck and an infinity-edge lap pool. With a fireplace and ample room for living, dining, and family gatherings, this handsome space is also illuminated by windows facing a central courtyard. Off the great room and sharing the courtyard and ocean views is the entertainer's all-Thermador kitchen, complete with expansive counter space, a large island with bar seating, beautiful custom cabinetry, and generous pantry space. Near the entry is an office/guest room with clerestory windows and a nearby bath. The three additional bedrooms, each with built-in closets and cabinetry, include the majestic primary suite, with ocean views, wide glass doors onto the pool deck, clerestory windows, built-in speaker system, and a spa-inspired bath with additional closet space and a freestanding moderne tub. The home has a pristine two-car garage with an attached bonus room that could be an office, art studio, or yoga room. Situated above Zuma on a lot of more than a half acre, the residence has security and smart-home systems. Ready for the imprint of its first owner, this is a home of impressive quality and harmonious design.
Home Details
Home Type
- Single Family
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 75x200
- Fenced Yard
- Gated Home
- Landscaped
- Sprinkler System
- Lawn
- Back and Front Yard
- Property is zoned LCRA20000*
Parking
- 2 Car Garage
- 4 Open Parking Spaces
- Garage Door Opener
- Driveway
- Automatic Gate
- Guest Parking
- On-Street Parking
- Unassigned Parking
Property Views
- Ocean
- Mountain
- Hills
- Pool
Home Design
- Modern Architecture
- Turnkey
Interior Spaces
- 1-Story Property
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- High Ceiling
- Skylights
- Recessed Lighting
- Electric Fireplace
- Sliding Doors
- Entryway
- Great Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Dining Room
- Atrium Room
- Wood Flooring
- Prewired Security
- Laundry Room
Kitchen
- Breakfast Bar
- Oven
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Powder Room
- Double Vanity
- Bathtub with Shower
- Double Shower
- Shower Only
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Wood Patio
Location
- Property is near public transit
- City Lot
Utilities
- Zoned Heating and Cooling
- Heating System Mounted To A Wall or Window
- Property is located within a water district
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- 24-Hour Security
Listing and Financial Details
- Assessor Parcel Number 4469-028-008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2024
Closed on
Nov 13, 2024
Sold by
Lr Malibu Park Trust and Netzah And Shem-Tov Inc
Bought by
Zeid888 Llc
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Duncan Watson
Compass
List Price
$5,250,000
Sold Price
$4,600,000
Premium/Discount to List
-$650,000
-12.38%
Views
113
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
-$160,115
Avg. Annual Appreciation
-2.73%
Original Mortgage
$2,400,000
Outstanding Balance
$2,277,848
Interest Rate
5.71%
Mortgage Type
New Conventional
Estimated Equity
$2,162,037
Purchase Details
Closed on
Sep 28, 2020
Sold by
Epstein Victoria Ann
Bought by
Netzah & Shem Tov Inc
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zeid888 Llc | $4,600,000 | Fidelity National Title | |
| Zeid888 Llc | $4,600,000 | Fidelity National Title | |
| Netzah & Shem Tov Inc | $939,000 | Equity Title Los Angeles |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zeid888 Llc | $2,400,000 | |
| Closed | Zeid888 Llc | $2,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $4,600,000 | -12.4% | $1,864 / Sq Ft |
| 10/07/2024 10/07/24 | Pending | -- | -- | -- |
| 06/25/2024 06/25/24 | For Sale | $5,250,000 | -- | $2,127 / Sq Ft |
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 | $12,241 | $4,600,000 | $3,415,000 | $1,185,000 |
| 2024 | $12,241 | $996,367 | $996,367 | -- |
| 2023 | $11,970 | $976,831 | $976,831 | $0 |
| 2022 | $11,768 | $957,678 | $957,678 | $0 |
| 2021 | $11,485 | $938,900 | $938,900 | $0 |
| 2020 | $2,575 | $175,208 | $175,104 | $104 |
| 2019 | $2,256 | $171,773 | $171,671 | $102 |
| 2018 | $6,207 | $527,915 | $168,305 | $359,610 |
| 2016 | $6,343 | $507,417 | $161,770 | $345,647 |
| 2015 | $5,880 | $499,797 | $159,341 | $340,456 |
| 2014 | $5,808 | $490,007 | $156,220 | $333,787 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Abraham Cohen
Seller Co-Listing Agent in 2024
Abraham Cohen
Equity Union
(818) 613-2667
60 Total Sales
-
Duncan Watson
Buyer's Agent in 2024
Duncan Watson
Compass
(310) 210-6390
8 Total Sales
-
John Davenport
Buyer Co-Listing Agent in 2024
John Davenport
Compass
(310) 652-6285
8 Total Sales
Map
Source: The MLS
MLS Number: 24-407721
APN: 4469-028-008
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© 2026 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.
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