$732,000 - $802,000
RENTED JAN 20, 2025
2 Beds
2 Baths
1,056 Sq Ft
2.92 Acres

Last Sold October 03, 2023

Last sale price $739,000 $700 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,916/month

Highlights

  • Private Pool
  • 2.92 Acre Lot
  • Laundry Room
  • Malibu Elementary School Rated A
  • Furnished
  • Central Heating

About This Home

As of January 2025

Take it easy at this unique and tranquil getaway located just minutes from all Malibu has to offer and Pepperdine University. Discover coastal living with our updated 2-bedroom, 2 bath condo, just moments away from some of the best So Cal beaches including Paradise Cove. This chic retreat offers a blend of modern design and beachside charm, providing the perfect escape for your next home. This gorgeous condo features an open concept living room with crown molding, recessed lighting and newer double paned doors and windows along with a gorgeous and modern fireplace for entertaining. The chef's kitchen with sealed concrete kitchen countertops, stainless-steel backsplash throughout and ample counterspace is enough to make the most discerning chefs jealous. Very spacious master bedroom with a large custom walk-in features a heavenly bathroom with dual vanity sinks and sealed concrete counter tops. The second bedroom soaks the natural light in and features a spacious closet with bathroom. Underground parking with 2 car tandem parking is includes.

Last Agent to Rent the Property

Houman Jahangard

Royal Rep Realty, Inc. Brokerage Phone: 818-943-9143 License #01451073 Listed on: 08/06/2024

Last Renter's Agent

Houman Jahangard

Royal Rep Realty, Inc. Brokerage Phone: 818-943-9143 License #01451073 Listed on: 08/06/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,189

Year Built

  • Built in 1975

Lot Details

  • 2.92

Parking

  • 2 Car Garage

Interior Spaces

  • 1,056 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Septic Type Unknown

Additional Features

  • Private Pool
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $5,250
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 3/5/24
  • Tax Lot 1
  • Tax Tract Number 32132
  • Assessor Parcel Number 4467035058

Community Details

Overview

  • Property has a Home Owners Association
  • 56 Units

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,189

Year Built

Built in 1975

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-03-05
  • Credit Check Paid By: Tenant
  • Deposit Key: 250
  • Deposit Pets: 500
  • Deposit Security: 5250
  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: LCR320UDP*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 4467035058
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1056.00 Square Feet
  • Stories: 2
  • Entry Location: second floor
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.97
  • Room Type: Living Room

Exterior Features

  • Pool Features: Private, Association
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 127218.00
  • Lot Size Acres: 2.9205

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 127218.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 8004.11
  • Tax Lot: 1
  • Tax Tract Number: 32132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 20, 2023
Sold by
Bennu Gerede Azize
Bought by
Sabet Rassa Kalantari and Vandati Flora
Seller's Agent
Marcus Ipcizade
Coldwell Banker Realty
Buyer's Agent
Houman Jahangard
Royal Rep Realty, Inc.
List Price
$749,900
Sold Price
$739,000
Premium/Discount to List
-$10,900
-1.45%
Views
148
Current Estimated Value
$763,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,105
Avg. Annual Appreciation
1.70%
Original Mortgage
$591,000
Outstanding Balance
$579,854
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$183,251

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 20, 2021
Sold by
Castro Cristina Evelyn
Bought by
Gerede Azize Bennu
Seller's Agent
Mary Faherty
Beverly and Company, Inc.
Buyer's Agent
Melissa Misner
Pardee Properties
List Price
$675,000
Sold Price
$661,000
Premium/Discount to List
-$14,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jun 3, 2015
Sold by
Shats Investment Llc
Bought by
Castro Cristina Evelyn
Seller's Agent
Alan Rosenberg
Keller Williams Realty Calabasas
Buyer's Agent
Alex Hamilton
RE/MAX One
List Price
$518,000
Sold Price
$514,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.17%
Original Mortgage
$224,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2014
Sold by
Farah Bonnie B
Bought by
Shats Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2007
Sold by
Fitzgerald Mike
Bought by
Farah Bonnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Cantor Randy
Bought by
Fitzgerald Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 1998
Sold by
Winnikoff Meryl Anne
Bought by
Winnikoff Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.73%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Winnikoff Marc
Bought by
Cantor Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
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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
Sabet Rassa Kalantari $739,000 Equity Title
Gerede Azize Bennu $661,000 Chicago Title Company
Castro Cristina Evelyn $514,000 Equity Title
Shats Investment Llc $428,000 None Available
Farah Bonnie B $583,000 Security Union Title Company
Farah Bonnie B -- Security Union Title
Fitzgerald Mike $300,000 Investors Title Company
Winnikoff Marc -- Chicago Title Co
Cantor Randy -- Chicago Title Co
Cantor Randy -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabet Rassa Kalantari $591,000
Previous Owner Castro Cristina Evelyn $224,000
Previous Owner Shats Investment Llc $428,000
Previous Owner Farah Bonnie B $419,358
Previous Owner Farah Bonnie B $417,000
Previous Owner Fitzgerald Mike $315,000
Previous Owner Fitzgerald Mike $100,000
Previous Owner Fitzgerald Mike $60,000
Previous Owner Fitzgerald Mike $240,000
Previous Owner Cantor Randy $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 Rented $5,250 0.0% --
08/06/2024 08/06/24 For Rent $5,250 0.0% --
10/03/2023 10/03/23 Sold $739,000 -1.5% $700 / Sq Ft
09/06/2023 09/06/23 For Sale $749,900 +1.5% $710 / Sq Ft
09/06/2023 09/06/23 Off Market $739,000 -- --
09/05/2023 09/05/23 Off Market $739,000 -- --
09/01/2023 09/01/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $749,900 +13.4% $710 / Sq Ft
08/10/2021 08/10/21 Sold $661,000 -2.1% $626 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $675,000 +31.3% $639 / Sq Ft
06/16/2015 06/16/15 Sold $514,000 -0.8% $487 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $518,000 0.0% $491 / Sq Ft
11/14/2012 11/14/12 Rented $2,395 -4.2% --
11/14/2012 11/14/12 Under Contract -- -- --
09/17/2012 09/17/12 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,189 $753,780 $536,724 $217,056
2024 $9,189 $739,000 $526,200 $212,800
2023 $8,367 $674,220 $408,000 $266,220
2022 $8,254 $661,000 $400,000 $261,000
2021 $7,231 $570,700 $377,507 $193,193
2020 $7,187 $564,850 $373,637 $191,213
2019 $7,082 $553,775 $366,311 $187,464
2018 $6,731 $542,918 $359,129 $183,789
2016 $6,472 $521,838 $345,185 $176,653
2015 $5,806 $463,069 $358,012 $105,057
2014 $5,734 $454,000 $351,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24162551

California Regional Multiple Listing Service (CRMLS)

APN: 4467-035-058