NOT LISTED FOR SALE

5938 Philip Ave Malibu, CA 90265

Malibu Area

Estimated Value: $3,591,000 - $6,709,564

1.9 Acres
$2,700,601 Price per Acre
82,764 Sq Ft Lot

Sale Details

Date Sold: July 17, 2015

Last sale price $2,012,500

Est. 155% increase in value since last sale

Current estimated payment $31,239 / mo

1053 Days on Market

Highlights

  • Ocean View
  • Horse Property
  • Fenced
  • Malibu Elementary School Rated A

About This Lot

As of July 2015

This gently sloping 1.9 acre parcel has spectacular views of the ocean and Santa Monica Mountains. Located in Malibu Park, it's just minutes from schools, Zuma Beach and the new Trancas Country Market Shopping Center. Plans, surveys, reports available, along with Coastal Development Permit for a 6,452 sf home with 75' pool, 729 sf attached garage, plus 872 sf guest house...all designed by architects Levitt & Moss. Water meter is in. Great horse property- close to trails for riding and hiking. Also includes fruit trees. Hydrant at site.

Last Agent to Sell the Property

Kate Pritchett

Sotheby's International Realty License #01890454 Listed on: 05/25/2012

Co-Listed By

Jack Pritchett

Sotheby's International Realty License #00454234

Last Buyer's Agent

Bill Moss

Coldwell Banker Realty License #00860010

Coldwell Banker Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.9 Acre Lot
  • Fenced
  • Property is zoned LCRA20000

Property Views

  • Ocean
  • Mountain

Additional Features

  • Horse Property
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4469-015-002

Property Details

Property Type

Land

Lot Details

1.9 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Dimensions: A1.9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Description: Asphalt
  • View: Mountains, Ocean
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Sewer: Septic Tank
  • Telephone: No
  • Water: On Site

Lot Info

  • Special Zoning: Coastal Commission
  • Horses: Yes
  • Assessor Parcel Number: 4469-015-002
  • Current Geological: Yes
  • Lot Description: Fenced, Horse Property
  • Lot Size Area: 82764
  • Site Decription: Varied
  • Topography: Varied

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

Closed on
Nov 26, 2024
Sold by
Bought by
Current Estimated Value
$5,131,141

Purchase Details

Listed on
May 25, 2012
Closed on
Jun 25, 2015
Sold by
Bought by
Seller's Agent
Kate Pritchett
Sotheby's International Realty
Buyer's Agent
Bill Moss
Coldwell Banker Realty
List Price
$2,199,000
Sold Price
$2,012,500
Premium/Discount to List
-$186,500
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$650,000
Interest Rate
0.0375%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
-- None Listed On Document
-- None Listed On Document
$2,012,500 Equity 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
Previous Owner $2,500,000
Previous Owner $2,000,000
Previous Owner $650,000
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
07/17/2015 07/17/15 Sold $2,012,500 -8.5% --
04/13/2015 04/13/15 Pending -- -- --
05/25/2012 05/25/12 For Sale $2,199,000 -- --
Source: The MLS

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 $48,097 $3,828,288 $2,382,390 $1,445,898
2024 $43,963 $3,753,225 $2,335,677 $1,417,548
2023 $26,924 $2,289,880 $2,289,880 $0
2022 $26,605 $2,244,981 $2,244,981 $0
2021 $25,989 $2,200,962 $2,200,962 $0
2019 $25,478 $2,135,681 $2,135,681 $0
2018 $24,236 $2,093,805 $2,093,805 $0
2016 $23,387 $2,012,500 $2,012,500 $0
2015 $4,535 $347,958 $347,958 $0
2014 -- $341,142 $341,142 $0
Source: Public Records

Agents Affiliated with this Home

  • Kate Pritchett

    Seller's Agent in 2015

    Kate Pritchett

    Sotheby's International Realty

    (310) 741-1977

    10 Total Sales

    Kate Pritchett
    Section Image
  • Jack Pritchett

    Seller Co-Listing Agent in 2015

    Jack Pritchett

    Sotheby's International Realty

    (310) 456-6771

    11 Total Sales

    Jack Pritchett
    Section Image

  • B

    Buyer's Agent in 2015

    Bill Moss

    Coldwell Banker Realty

    (310) 457-6550

    74 Total Sales

    Bill Moss
    Section Image
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Map

Source: The MLS

MLS Number: 12-603039

The MLS

APN: 4469-015-002

California Los Angeles County Malibu 90265

5938 Philip Ave, Malibu, CA

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The MLS © 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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