$2,950,000
SOLD NOV 27, 2024
3 Beds
3 Baths
1,584 Sq Ft
$1,438/mo HOA Fee

Recently Sold

$1,862 Per Sq Ft

14% Below List Price

148 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Guarded Parking
  • Malibu Elementary School Rated A
  • Property has ocean access
  • 24-Hour Security

About This Home

As of November 2024

AFFORDABLE MALIBU OCEANFRONT BLUFFTOP TRI-LEVEL TOWNHOME WITH PRIVATE GARAGE, (next to $15 to $30+ MILLION DOLLAR HOMES!) VERY PRIVATE AND FEELS LIKE A HOME, BEST MALIBU OCEANFRONT INVESTMENT UNDER $3 million! LIFESTYLES OF THE RICH AND FAMOUS, One of the VERY BEST BLUFF TOP LOCATIONS with stairs to world famous ZUMA BEACH, one of the best beaches in California, within the 24-Hour GUARD GATED ZUMA BAY VILLAS OF MALIBU and now PRICED TO SELL, prime THREE BEDROOM END UNIT tri-level townhome at end of quiet cul-de-sac with SPECTACULAR HEAD-ON UNOBSTRUCTED OCEAN AND WHITE WATER VIEWS, directly above Zuma Beach (ocean side of Pacific Coast Hwy), this OCEANFRONT bluff top location is stellar with direct WORLD CLASS beach access, lots of EXTRA PARKING FOR GUESTS right in front of the townhome which is very rare, and privacy, Drenched in natural light the living room has fireplace and balcony, private courtyard off the kitchen, THREE BEDROOMS upstairs with 2.5 BATHS, fall asleep listening to the crashing waves, laundry area upstairs, private two car garage with direct access to the townhome, fabulous community salt water pool and spa, clubhouse and tennis court. FEE SIMPLE land, the land is paid for and included in price. New roof just completed, just one common wall. ELEVATOR CHAIR for ease in going up and down stairs.

Last Agent to Sell the Property

Jim Pascucci

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-653-2691 License #00686667 Listed on: 05/24/2024

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Roland Wilhelm

COMPASS License #00976075

COMPASS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,651

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • Property fronts a private road
  • 1 Common Wall
  • Cul-De-Sac
  • Southwest Facing Home
  • Landscaped

HOA Fees

  • $1,438 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Driveway Level
  • Guarded Parking

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Fire Rated Drywall
  • Tile Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,584 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Gas Fireplace
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Living Room with Attached Deck

Kitchen

  • Eat-In Kitchen
  • <<builtInRangeToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • 220 Volts In Laundry

Home Security

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gas Heated Pool
  • Gunite Pool
  • Saltwater Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Patio

Utilities

  • Heating Available
  • Underground Utilities
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property is near a clubhouse

Listing and Financial Details

  • Tax Lot 1-5
  • Tax Tract Number 30887
  • Assessor Parcel Number 4468022031
  • $818 per year additional tax assessments

Community Details

Overview

  • 90 Units
  • Zuma Bay Villas Association, Phone Number (805) 413-1170
  • Emmons HOA
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Hiking Trails
  • Bike Trail

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,651

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,438 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Security: 24 Hour Security, Gated with Attendant, Fire and Smoke Detection System, Gated Community, Gated with Guard, Guarded, Smoke Detector(s)
  • View: Yes
  • Zoning: LCR3*
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4468022031
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1584.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Copper Plumbing Partial, Living Room Balcony, Living Room Deck Attached
  • Stories: 3
  • Entry Location: foyer
  • Common Walls: 1 Common Wall
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1862.37
  • Room Type: All Bedrooms Up, Foyer, Kitchen, Laundry, Living Room
  • Spa Features: Association, Community, Gunite, Heated, In Ground

Exterior Features

  • Patio: Yes
  • Direction Faces: Southwest
  • View: Coastline, Ocean, Panoramic, White Water
  • Fence: No
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association, Community, Filtered, Gunite, Heated, Gas Heat, In Ground, Salt Water
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Direct Garage Access, Paved, Driveway Level, Garage, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Guarded, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Electric: 220 Volts in Laundry
  • Heating Type: Electric
  • Laundry Features: Upper Level
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Clubhouse, Maintenance Grounds, Guard, Security
  • Association Fee: 1438.00
  • Association Fee Frequency: Monthly
  • Association Name: Zuma Bay Villas
  • Phone: 805-413-1170
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking
  • Association Management: Emmons

Schools

  • School District: Santa Monica-Malibu Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Bluff, Close to Clubhouse, Cul-De-Sac, Landscaped
  • Lot Size Sq Ft: 507958.00
  • Lot Size Acres: 11.6611

Multi Family

  • Lease Considered: No
  • Lot Size Area: 507958.0000 Square Feet
  • Number Of Units In Community: 90
  • Number Of Units Total: 90
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 8004.12
  • Tax Lot: 1-5
  • Tax Tract Number: 30887
  • TaxOtherAnnualAssessmentAmount: 818.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 23, 2024
Sold by
Krick Jessica
Bought by
Kaspar Vonbraun
Seller's Agent
Jim Pascucci
Pinnacle Estate Properties, Inc.
Buyer's Agent
Roland Wilhelm
COMPASS
List Price
$3,450,000
Sold Price
$2,950,000
Premium/Discount to List
-$500,000
-14.49%
Views
119
Current Estimated Value
$2,973,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,080
Avg. Annual Appreciation
1.24%

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 22, 2024
Sold by
Sethi Trust and Sethi Viney
Bought by
Kaspar Vonbraun
Seller's Agent
Jim Pascucci
Pinnacle Estate Properties, Inc.
Buyer's Agent
Roland Wilhelm
COMPASS
List Price
$3,450,000
Sold Price
$2,950,000
Premium/Discount to List
-$500,000
-14.49%
Views
119

Purchase Details

Closed on
May 15, 2003
Sold by
Sethi Viney
Bought by
Sethi Viney and Sethi Purnima

Purchase Details

Closed on
Apr 16, 2000
Sold by
Mrbl Ltd
Bought by
Sethi Viney and Sethi Purnima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 29, 1999
Sold by
Tan Khee H
Bought by
Sethi Viney and Sethi Purnima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.75%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title Company
Quit Claim Deed -- Chicago Title Company
Grant Deed $2,950,000 Chicago Title Company
Grant Deed $2,950,000 Chicago Title Company
Interfamily Deed Transfer -- --
Partnership Grant Deed $32,500 Equity Title
Grant Deed $570,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $2,950,000 0.0% $1,862 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $2,950,000 -6.3% $1,862 / Sq Ft
06/07/2024 06/07/24 Price Changed $3,150,000 -8.7% $1,989 / Sq Ft
05/24/2024 05/24/24 For Sale $3,450,000 -- $2,178 / Sq Ft
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
2024 $10,651 $858,886 $602,732 $256,154
2023 $10,460 $842,046 $590,914 $251,132
2022 $10,326 $825,536 $579,328 $246,208
2021 $10,065 $809,350 $567,969 $241,381
2019 $9,862 $785,346 $551,124 $234,222
2018 $9,351 $769,948 $540,318 $229,630
2016 $8,995 $740,052 $519,338 $220,714
2015 $8,873 $728,937 $511,538 $217,399
2014 $8,755 $714,659 $501,518 $213,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24105309

California Regional Multiple Listing Service (CRMLS)

APN: 4468-022-031