NOT LISTED FOR SALE

5940 Paseo Canyon Dr Malibu, CA 90265

Malibu West Neighborhood

Estimated Value: $2,339,000 - $2,905,826

4 Beds
3 Baths
2,298 Sq Ft
$1,134/Sq Ft Est. Value

Last Sold July 16, 2025

Last sale price $2,595,000 $1,129 Per Sq Ft

Current estimated payment $15,934/month

55 Days on Market

Highlights

  • Tennis Courts
  • 24-Hour Security
  • Primary Bedroom Suite
  • Malibu Elementary School Rated A
  • Heated In Ground Pool
  • Canyon View

About This Home

As of July 2025

Exceptional Opportunity in Malibu West. This well priced offering combines a great location with incredible potential. Enjoy all of the benefits of a secure, guard-gated community with private beach club, pickle ball courts, and a true sense of community where kids still ride their bikes and skateboards out on the streets. This spacious two-story home (one of the largest models in the neighborhood) has a swimming pool and spa and sits on an elevated lot backing up to State Park land. It offers beautiful mountain and canyon views. Though the home has fallen into some disrepair, it has great bones and several high-end features from previous renovations, including a Wolf Range and Sub-Zero refrigerator. With a thoughtful restoration, it wouldn't take much to return this home to its former luster. The open floor plan is complimented with vaulted beam ceilings and an oversized fireplace in the living room, while the second-story primary suite has large bathroom, walk-in closet and private rooftop deck. Located just a short golf cart ride away from the Vintage Gourmet Market and only minutes to top-rated local schools it's the perfect location to enjoy the Malibu lifestyle. Priced to sell by this is a rare opportunity to restore and personalize a home with significant upside value in a very special Malibu neighborhood.

Last Agent to Sell the Property

Mark S. Gruskin

Westside Estate Agency-Malibu License #01324387 Listed on: 05/02/2025

Westside Estate Agency-Malibu

Last Buyer's Agent

Allen Sarlo

Estate Properties License #00635905

Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.69 Acre Lot
  • West Facing Home
  • Fenced Yard
  • Property is zoned LCR120000-

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Mountain
  • Valley

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,298 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4469-039-037

Community Details

Overview

  • Association fees include clubhouse

Recreation

  • Tennis Courts
  • Pickleball Courts

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level - no steps
  • Living Area: 2298
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1970
  • Builders Tract Name: Malibu West
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Detached/No Common Walls
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Gas, Range, Range Hood, Oven
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Primary Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island, Living Room
  • Kitchen Features: Granite Counters, Island, Pantry
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1164.06

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court: Community, North/South
  • Tennis Court Y/N: Yes
  • Patio: Balcony, Deck(s), Patio Open
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Spa: In Ground, Private, Heated
  • Spa Yn: Yes
  • View: Canyon, Mountains, Valley
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Attached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central, Forced Air
  • Security: 24 Hour, Gated Community with Guard
  • Sewer: In Street
  • Water: Water District

Association/Amenities

  • Amenities: Clubhouse, Tennis Courts, Gated Community Guard, Pickleball

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • Association Fees Include: Clubhouse
  • HOA Fees: 1980.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission
  • Assessor Parcel Number: 4469-039-037
  • Lot Description: Back Yard, Fenced Yard, Gated Community, Yard
  • Lot Size Area: 29931

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2025
Closed on
Jun 20, 2025
Sold by
Howland Elizabeth J
Bought by
Jarchow-Misch Justin and Geisser Lauren
Seller's Agent
Mark S. Gruskin
Westside Estate Agency-Malibu
Buyer's Agent
Allen Sarlo
Estate Properties
List Price
$2,750,000
Sold Price
$2,595,000
Premium/Discount to List
-$155,000
-5.64%
Views
33
Current Estimated Value
$2,606,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,457
Avg. Annual Appreciation
0.85%
Original Mortgage
$1,695,000
Outstanding Balance
$1,687,870
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$918,587

Purchase Details

Listed on
Jul 8, 2016
Closed on
Jun 6, 2016
Sold by
Davis Mark S
Bought by
Howland Elizabeth J
Seller's Agent
Kate Novotny
Sotheby's International Realty
Buyer's Agent
John Cosentino
Sotheby's International Realty
Sold Price
$7,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.05%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Davis Mark S
Bought by
Davis Mark S and Davis Wendy E

Purchase Details

Closed on
Jan 31, 2007
Sold by
Davis Mark
Bought by
Davis Mark S and Davis Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2006
Sold by
Davis Mark S
Bought by
Davis Mark S and Davis Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Davis Mark S
Bought by
Davis Mark S

Purchase Details

Closed on
May 25, 2005
Sold by
Davis Mark S
Bought by
Davis Mark S and Davis Wendy S

Purchase Details

Closed on
Sep 2, 2004
Sold by
Davis Mark S
Bought by
Davis Mark S and Davis Wendy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2004
Sold by
Davis Wendy E
Bought by
Davis Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2004
Sold by
Davis Mark S
Bought by
Davis Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Davis Mark S
Bought by
Davis Mark S and Davis Wendy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2000
Sold by
Davis Mark
Bought by
Davis Mark S and Davis Wendy E

Purchase Details

Closed on
Apr 14, 1998
Sold by
Silver Eric
Bought by
Davis Mark and Davis Wendy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jarchow-Misch Justin $2,595,000 First American Title Company
Howland Elizabeth J $1,810,000 Equity Title Los Angeles
Davis Mark S -- Accommodation
Davis Mark S -- None Available
Davis Mark S -- Equity Title
Davis Mark S -- Alliance Title Co Oxnard
Davis Mark S -- Alliance Title Company
Davis Mark S -- Alliance Title Company
Davis Mark S -- --
Davis Mark S -- Fidelity National Title Co
Davis Mark S -- Fidelity National Title Co
Davis Mark S -- --
Davis Mark S -- --
Davis Mark $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarchow-Misch Justin $1,695,000
Previous Owner Davis Mark S $1,400,000
Previous Owner Davis Mark S $1,000,000
Previous Owner Davis Mark S $1,000,000
Previous Owner Davis Mark S $101,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2025 07/16/25 Sold $2,595,000 -3.0% $1,129 / Sq Ft
06/08/2025 06/08/25 Pending -- -- --
05/25/2025 05/25/25 Price Changed $2,675,000 -2.7% $1,164 / Sq Ft
05/02/2025 05/02/25 For Sale $2,750,000 +6.0% $1,197 / Sq Ft
04/30/2025 04/30/25 Off Market $2,595,000 -- --
04/25/2025 04/25/25 Pending -- -- --
04/14/2025 04/14/25 For Sale $2,750,000 0.0% $1,197 / Sq Ft
07/15/2016 07/15/16 Rented $7,500 0.0% --
07/08/2016 07/08/16 For Rent $7,500 0.0% --
06/23/2016 06/23/16 Sold $1,810,000 -4.5% $788 / Sq Ft View Prior Sale
06/10/2016 06/10/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $1,895,000 -- $825 / 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 $26,807 $1,996,526 $1,655,537 $340,989
2024 $26,807 $1,957,379 $1,623,076 $334,303
2023 $26,163 $1,919,000 $1,591,251 $327,749
2022 $25,471 $1,881,373 $1,560,050 $321,323
2021 $24,563 $1,844,484 $1,529,461 $315,023
2019 $23,813 $1,789,778 $1,484,098 $305,680
2018 $24,140 $1,883,123 $1,454,999 $428,124
2016 $10,701 $701,393 $404,652 $296,741
2015 $10,585 $690,858 $398,574 $292,284
2014 $10,485 $677,326 $390,767 $286,559
Source: Public Records

Agents Affiliated with this Home

  • Mark S. Gruskin

    Seller's Agent in 2025

    Mark S. Gruskin

    Westside Estate Agency-Malibu

    (310) 317-8202

    4 in this area

    25 Total Sales

    Mark S. Gruskin
    Section Image
  • Allen Sarlo

    Buyer's Agent in 2025

    Allen Sarlo

    Estate Properties

    (310) 714-5499

    1 in this area

    6 Total Sales

    Allen Sarlo
    Section Image

  • K

    Seller's Agent in 2016

    Kate Novotny

    Sotheby's International Realty

    Section Image
  • John Cosentino

    Buyer's Agent in 2016

    John Cosentino

    Sotheby's International Realty

    (310) 365-2001

    1 in this area

    14 Total Sales

    John Cosentino
    Section Image

  • M

    Buyer Co-Listing Agent in 2016

    Marco Cosentino

    Sotheby's International Realty

    (310) 456-6431

    1 Total Sale

    Marco Cosentino
    Section Image
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Map

Source: The MLS

MLS Number: 25524643

The MLS

APN: 4469-039-037

California Los Angeles County Malibu 90265 Malibu West

5940 Paseo Canyon Dr, Malibu, CA

Not Listed for Sale

Detached

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