Seller's Agent in 2022
Chris Cortazzo
Compass
(310) 457-3995
209 Total Sales
5737 Busch Dr Malibu, CA 90265
Estimated Value: $5,557,000 - $7,340,000
4
Beds
4.5
Baths
4,600
Sq Ft
$1,357/Sq Ft
Est. Value
Highlights
- Ocean View
- New Construction
- Two Primary Bedrooms
- Malibu Elementary School Rated A
- Heated In Ground Pool
- Open Floorplan
About This Home
As of June 2022This brand-new architectural residence is an entertainer's dream. Sitting behind gates, it is sleek and spacious, with vanishing glass doors and floor-to-ceiling windows opening onto the sensational backyard, with its ocean views, gorgeous Brazilian ipe deck of approximately 3,000 square feet, huge lawn, and zero-edge Pebble Tec pool and spa. The open-plan interior is every bit as impressive, with high ceilings, wide-plank white oak floors, beautiful cabinetry, gallery display walls, and wonderful sightlines. The double-height living room flows seamlessly to the deck, where there is outdoor seating with a fire pit, a dining area, lighted landscaping, and, of course, views. The entertainer's kitchen has a large marble-top island with bar seating and a wall of sublime cabinetry with a broad picture window facing onto the lawn, gardens, and ocean. The adjacent dining area has dramatic wraparound walls of glass opening onto the deck and the swimming pool. There are two bedrooms on the main level, one en-suite and both opening to the ocean-view deck. Upstairs, in addition to a mezzanine office space with ocean and mountain views, there are two exquisite ocean-view master suites with the home's signature high ceilings, enormous windows, and white oak floors. Each suite has a tranquil spa-style bath and a spacious private deck with ample room for day or nighttime lounging. The home's additional features include a poolside outdoor shower, a carport with built-in storage, guest parking for up to two dozen cars, smart-home security and sound systems, and central air conditioning. Designed for a lifestyle of sophisticated comfort and distinguished entertaining, this is a home of rare quality and generous beauty.
Home Details
Home Type
- Single Family
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.74 Acre Lot
- Fenced Yard
- Gated Home
- Chain Link Fence
- Landscaped
- Sprinklers on Timer
- Lawn
- Property is zoned LCRA20000*
Property Views
- Ocean
- Coastline
- Mountain
- Pool
Home Design
- Patio Home
- Turnkey
Interior Spaces
- 4,600 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Two Story Ceilings
- Skylights
- Recessed Lighting
- French Doors
- Sliding Doors
- Living Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Dining Room
Kitchen
- Breakfast Bar
- Convection Oven
- Range with Range Hood
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- Dressing Area
- Powder Room
- Double Vanity
- Bathtub with Shower
- Double Shower
- Shower Only
Laundry
- Laundry Room
- Laundry on upper level
- Gas Dryer Hookup
Home Security
- Alarm System
- Carbon Monoxide Detectors
- Fire Sprinkler System
Parking
- 21 Open Parking Spaces
- 25 Parking Spaces
- 4 Carport Spaces
- Pull-through
- Driveway
- Automatic Gate
- Guest Parking
- On-Street Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Balcony
- Wood Patio
- Outdoor Fireplace
- Fire Pit
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4469-028-012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2022
Closed on
May 24, 2022
Sold by
Lr Malibu Park Trust
Bought by
M & D Revocable Family Trust
Seller's Agent
Chris Cortazzo
Compass
Buyer's Agent
Brian Whitcanack
Pinnacle Estate Properties
List Price
$6,950,000
Sold Price
$6,350,000
Premium/Discount to List
-$600,000
-8.63%
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
-$107,592
Avg. Annual Appreciation
-0.47%
Purchase Details
Closed on
Jul 8, 2019
Sold by
Rivett Mark Colin and Rivett Stacy Shay
Bought by
Netzah & Shem Tov Inc and The Lr Malibu Park Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.82%
Mortgage Type
Commercial
Purchase Details
Listed on
May 10, 2018
Closed on
Sep 25, 2018
Sold by
Brizman Boaz and Brizman Andrea Matia
Bought by
Rivett Mark Colin and Rivett Stacy Shay
Seller's Agent
Sean Landon
Douglas Elliman
Buyer's Agent
Lisa-Maree Carter
Compass
List Price
$3,490,000
Sold Price
$3,000,000
Premium/Discount to List
-$490,000
-14.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$679,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 6, 2013
Sold by
Bizman Boaz
Bought by
Brizman Boaz and Brizman Andrea Matia
Purchase Details
Closed on
Apr 22, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Brizman Boaz and Brizman Matia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
3.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2010
Sold by
Patitz Tatjana
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Sep 8, 2005
Sold by
Patitz Tatjana
Bought by
Patitz Tatjana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.51%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 22, 1993
Sold by
Anderson Carl and Anderson Veronica
Bought by
Patitz Tatjana
Purchase Details
Closed on
Sep 10, 1993
Sold by
Dickerson Stephen
Bought by
Dickerson Veronica
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| M & D Revocable Family Trust | $6,350,000 | Fidelity National Title | |
| Netzah & Shem Tov Inc | $1,350,000 | Fidelity National Title Co | |
| Rivett Mark Colin | $3,000,000 | Priority Title Company | |
| Brizman Boaz | -- | None Available | |
| Brizman Boaz | $1,650,000 | Ticor Title | |
| Jpmorgan Chase Bank National Association | $2,221,799 | Stewart Title | |
| Patitz Tatjana | -- | Equity Title Company | |
| Patitz Tatjana | $1,100,000 | Equity Title Company | |
| Dickerson Veronica | -- | Equity Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Netzah & Shem Tov Inc | $1,200,000 | |
| Previous Owner | Rivett Mark Colin | $679,000 | |
| Previous Owner | Brizman Boaz | $729,750 | |
| Previous Owner | Patitz Tatjana | $1,750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2022 06/01/22 | Sold | $6,350,000 | -8.6% | $1,380 / Sq Ft | |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- | |
| 04/20/2022 04/20/22 | For Sale | $6,950,000 | 0.0% | $1,511 / Sq Ft | |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- | |
| 03/31/2022 03/31/22 | For Sale | $6,950,000 | 0.0% | $1,511 / Sq Ft | |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- | |
| 03/01/2022 03/01/22 | For Sale | $6,950,000 | +131.7% | $1,511 / Sq Ft | |
| 10/29/2018 10/29/18 | Sold | $3,000,000 | -11.5% | $1,069 / Sq Ft | View Prior Sale |
| 10/17/2018 10/17/18 | Pending | -- | -- | -- | |
| 09/06/2018 09/06/18 | Price Changed | $3,390,000 | -2.9% | $1,208 / Sq Ft | |
| 05/10/2018 05/10/18 | For Sale | $3,490,000 | 0.0% | $1,243 / Sq Ft | |
| 02/06/2018 02/06/18 | Rented | $16,000 | +28.0% | -- | |
| 01/08/2018 01/08/18 | For Rent | $12,500 | -16.7% | -- | |
| 09/28/2016 09/28/16 | Rented | $15,000 | +7.9% | -- | |
| 08/27/2016 08/27/16 | For Rent | $13,900 | -- | -- |
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 | $76,439 | $6,738,670 | $5,836,644 | $902,026 |
| 2024 | $76,439 | $6,606,540 | $5,722,200 | $884,340 |
| 2023 | $75,015 | $6,477,000 | $5,610,000 | $867,000 |
| 2022 | $16,838 | $1,391,265 | $1,391,265 | $0 |
| 2021 | $16,439 | $1,363,986 | $1,363,986 | $0 |
| 2019 | $28,679 | $2,400,102 | $2,400,000 | $102 |
| 2018 | $21,724 | $1,857,871 | $1,576,377 | $281,494 |
| 2016 | $20,921 | $1,785,729 | $1,515,165 | $270,564 |
| 2015 | $20,640 | $1,758,906 | $1,492,406 | $266,500 |
| 2014 | $20,350 | $1,724,452 | $1,463,172 | $261,280 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Cortazzo
-
Abraham Cohen
Seller Co-Listing Agent in 2022
Abraham Cohen
Equity Union
(818) 613-2667
63 Total Sales
-
Brian Whitcanack
Buyer's Agent in 2022
Brian Whitcanack
Pinnacle Estate Properties
(818) 355-0720
140 Total Sales
-
Sean Landon
Seller's Agent in 2018
Sean Landon
Douglas Elliman
(310) 926-4028
14 Total Sales
-
Lisa-Maree Carter
Buyer's Agent in 2018
Lisa-Maree Carter
Compass
(310) 488-7215
8 Total Sales
-
Janice Leonard
Seller's Agent in 2016
Janice Leonard
Pinnacle Estate Properties
(310) 384-6517
11 Total Sales
Map
Source: The MLS
MLS Number: 22-132239
APN: 4469-028-012
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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.
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