NOT LISTED FOR SALE

7345 Birdview Ave Malibu, CA 90265

Estimated Value: $7,189,000 - $13,846,636

6 Beds
5.5 Baths
6,329 Sq Ft
$1,573/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $4,700,000 $743 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $56,917/month

Highlights

  • Ocean View
  • In Ground Pool
  • Living Room with Fireplace
  • Malibu Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2018

FABULOUS OCEAN VIEW SUNSETS FROM THIS LARGE OVER 6300 SQ FT 6 BEDROOM 2 STORY HOME WITH A PRIME BIRDVIEW LOCATION ON THE BLUFF SIDE OF THE STREET. WITH DOUBLE-GATED CAROUSEL DRIVEWAY, OAK FLOORS THROUGHOUT OPENS TO 25 FEET CEILING BEAUTIFUL MAGNIFICENT OPEN ENTRY WET BAR BEAUTIFUL OCEAN VIEW FROM EVERY ROOM OPEN TO A DECK WITH PANORAMIC OCEAN VIEW KITCHEN WITH NEW RANGE & DOUBLE OVEN NEW ISLAND LARGE MASTER BEDROOM WITH MAGNIFICENT OCEAN VIEW ON MAIN FLOOR WITH HIGH CEILING & 2 WALKING CLOSETS FIREPLACE TUB SHOWER LARGE BEDROOMS FULL GYM INSIDE WITH ALL EQUIPMENT STORAGE ROOM POOL & SPA ACCESS OF BOTH SIDE TO WESTWARD & ZUMA BEACH MUST SEE.

Last Agent to Rent the Property

Farahnaz Ghardash

Keller Williams Encino/Sherman Oaks License #01935575 Listed on: 09/11/2018

Keller Williams Encino/Sherman Oaks

Last Renter's Agent

Laura Kalb

Compass License #00872948

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.48 Acre Lot
  • Property is zoned LCR220000*

Property Views

  • Ocean
  • Panoramic

Home Design

  • Contemporary Architecture

Interior Spaces

  • 6,329 Sq Ft Home
  • 2-Story Property
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Parking

  • 3 Parking Spaces
  • Covered Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $40,000
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4468-021-019

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Security Deposit: 40000
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 6329
  • Stories: 2
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 3.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground
  • Pool: Yes
  • View: Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Covered Parking
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4468-021-019
  • Geocode Override: No
  • Lot Size Area: 21072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Rasekhi-Busheri Revocable Family Trust
Bought by
Covina Malibu Llc
Current Estimated Value
$9,956,545

Purchase Details

Listed on
Feb 17, 2016
Closed on
Aug 8, 2016
Sold by
Bush Stephen L and Bush Ruth Deborah
Bought by
Rasekhi Michael and Busheri Sheila R
Seller's Agent
Jonathan Steindorff
4 Malibu Real Estate
Buyer's Agent
Jonathan Steindorff
4 Malibu Real Estate
List Price
$5,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$1,295,000
-21.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$3,000,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1999
Sold by
Bush Jack and Bush Avanele
Bought by
Bush Jack L and Bush Avanele

Purchase Details

Closed on
Apr 8, 1998
Sold by
Sarmiento Cesar C and Sarmiento Ellen A
Bought by
Bush Jack and Bush Avanele

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
5.5%

Purchase Details

Closed on
Jan 24, 1994
Sold by
Garcia Gilbert and Garcia Olga N
Bought by
Sarmiento Cesar C and Sarmiento Ellen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.62%
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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Purchase History

Date Buyer Sale Price Title Company
Covina Malibu Llc -- Asher Law Group Apc
Rasekhi-Busheri Revocable Family Trust -- Asher Law Group Apc
Rasekhi Michael $4,700,000 Equity Title
Bush Jack L -- --
Bush Jack $1,267,500 Stewart Title
Sarmiento Cesar C $1,000,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rasekhi Michael $3,000,000
Previous Owner Bush Jack $1,000,000
Previous Owner Sarmiento Cesar C $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2018 11/05/18 Rented $18,000 -10.0% --
11/04/2018 11/04/18 Off Market $20,000 -- --
11/02/2018 11/02/18 For Rent $20,000 0.0% --
11/02/2018 11/02/18 Off Market $20,000 -- --
09/24/2018 09/24/18 Price Changed $20,000 -8.9% $3 / Sq Ft
09/17/2018 09/17/18 Price Changed $21,950 -8.5% $3 / Sq Ft
09/11/2018 09/11/18 For Rent $24,000 0.0% --
08/12/2016 08/12/16 Sold $4,700,000 -5.9% $743 / Sq Ft View Prior Sale
05/25/2016 05/25/16 Price Changed $4,995,000 -16.7% $789 / Sq Ft
04/28/2016 04/28/16 For Sale $5,995,000 +27.6% $947 / Sq Ft
04/27/2016 04/27/16 Off Market $4,700,000 -- --
02/17/2016 02/17/16 For Sale $5,995,000 -- $947 / 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 $62,575 $9,180,000 $5,508,000 $3,672,000
2024 $62,575 $5,347,793 $3,048,811 $2,298,982
2023 $61,414 $5,242,935 $2,989,031 $2,253,904
2022 $60,660 $5,140,133 $2,930,423 $2,209,710
2021 $59,223 $5,039,347 $2,872,964 $2,166,383
2019 $58,077 $4,889,879 $2,787,751 $2,102,128
2018 $55,038 $4,794,000 $2,733,090 $2,060,910
2016 $20,203 $1,709,669 $987,360 $722,309
2015 $19,934 $1,683,989 $972,529 $711,460
2014 $19,572 $1,651,003 $953,479 $697,524
Source: Public Records

Agents Affiliated with this Home

  • Farahnaz Ghardash

    Landlord's Agent in 2018

    Farahnaz Ghardash

    Keller Williams Encino/Sherman Oaks

    (310) 595-4747

    Farahnaz Ghardash
    Section Image
  • Laura Kalb

    Tenant's Agent in 2018

    Laura Kalb

    Compass

    (818) 371-9350

    14 Total Sales

    Laura Kalb
    Section Image

  • J

    Seller's Agent in 2016

    Jonathan Steindorff

    4 Malibu Real Estate

See All Agents

Map

Source: The MLS

MLS Number: 18-384752

The MLS

APN: 4468-021-019

California Los Angeles County Malibu 90265

7345 Birdview Ave, Malibu, CA

Not Listed for Sale

Detached

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