NOT LISTED FOR SALE

Estimated Value: $1,938,384 - $4,629,000

1.36 Acres
$2,151,408 Price per Acre
59,438 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $1,650,000 $893 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $17,215/month

About This Lot

As of April 2022

Coveted parcel located in one of Malibu's most private & prestigious gated communities. This is your chance to acquire & build your dream estate on one of the last oversized buildable view lots on Cavalleri Rd featuring 1.37 acres with magnificent panoramic ocean, canyon, and sunset views. Don't miss this amazing opportunity to live the Malibu lifestyle in this rare slice of heaven enveloped by nature, yet only minutes from Zuma beach, excellent schools, gourmet restaurants, and shops. Call agent for more info and to set up a private showing of the property with your architect/ builder/ contractor. Easy to show.

Last Agent to Sell the Property

Marc Chorin

ZARA Equity Corp. License #01143383 Listed on: 03/23/2022

ZARA Equity Corp.

Co-Listed By

James Respondek

Rodeo Realty - Pacific Palisades License #00713972

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

James Respondek

Rodeo Realty - Pacific Palisades License #00713972

Rodeo Realty - Pacific Palisades

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,556

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 235x253
  • Hillside Location
  • Property is zoned LCRA1*

Property Views

  • Ocean
  • Panoramic
  • Canyon

Listing and Financial Details

  • Assessor Parcel Number 4467-019-017

Property Details

Property Type

Land

Est. Annual Taxes

$20,556

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 1.3645
  • Lot Dimensions: 235x253
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon, Water, Ocean, Panoramic
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4467-019-017
  • Lot Location: Hillside
  • Lot Size Area: 59439
  • Units Per Acre: 0-1 Unit/Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Mar 28, 2022
Sold by
Victor Lobl
Bought by
Aron And Elaine Karen Schifman Family Trust
Seller's Agent
Marc Chorin
ZARA Equity Corp.
Buyer's Agent
James Respondek
Rodeo Realty - Pacific Palisades
List Price
$1,650,000
Sold Price
$1,650,000
Current Estimated Value
$2,935,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,285,596
Avg. Annual Appreciation
17.56%

Purchase Details

Closed on
May 1, 2000
Sold by
Sullivan Patrick T
Bought by
Lobl Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%

Purchase Details

Closed on
Jul 10, 1996
Sold by
Fattahi Shoja
Bought by
Sullivan Patrick T and Sullivan Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,500
Interest Rate
5.75%

Purchase Details

Closed on
Mar 28, 1995
Sold by
Macgregor Brian
Bought by
Fattahi Shoja and Fattahi Shahnaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.12%

Purchase Details

Closed on
Jan 27, 1994
Sold by
Breault John L
Bought by
Macgregor Brian and Macgregor Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.62%

Purchase Details

Closed on
Nov 11, 1993
Sold by
Breault Leslie
Bought by
Breault John L
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
Aron And Elaine Karen Schifman Family Trust $1,650,000 None Listed On Document
Lobl Victor $865,000 Fidelity National Title Ins
Sullivan Patrick T $545,000 Equity Title Company
Fattahi Shoja $520,000 First American Title Co
Macgregor Brian $420,000 Continental Land Title
Breault John L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lobl Victor $645,000
Previous Owner Lobl Victor $650,000
Previous Owner Lobl Victor $650,000
Previous Owner Lobl Victor $658,000
Previous Owner Lobl Victor $650,000
Previous Owner Sullivan Patrick T $570,000
Previous Owner Sullivan Patrick T $435,500
Previous Owner Fattahi Shoja $416,000
Previous Owner Macgregor Brian $294,000
Closed Sullivan Patrick T $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,650,000 0.0% $893 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,650,000 -- $893 / 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 $20,556 $1,750,993 $1,750,993 --
2024 $20,556 $1,716,660 $1,716,660 --
2023 $20,089 $1,683,000 $1,683,000 $0
2022 $10,637 $863,598 $863,491 $107
2021 $9,988 $846,665 $846,560 $105
2020 $9,890 $837,984 $837,880 $104
2019 $9,754 $821,553 $821,451 $102
2018 $13,448 $1,168,435 $805,345 $363,090
2016 $12,955 $1,123,065 $774,073 $348,992
2015 $12,784 $1,106,196 $762,446 $343,750
2014 $12,625 $1,084,528 $747,511 $337,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-138715

The MLS

APN: 4467-019-017