$4,500,000
$495K PRICE DROP

Estimated payment $29,534/month

Total Views 40,559
3 Beds
3 Baths
1,992 Sq Ft
$2,259 Price per Sq Ft

Highlights

  • Ocean View
  • Property has ocean access
  • Property is near public transit
  • Malibu Elementary School Rated A
  • Detached Guest House
  • Cathedral Ceiling

About This Home

With mid-century pedigree and lush natural light, this beautifully updated garden home is perfectly appointed for indoor-outdoor living and entertaining. Gated and private, with handsome mature trees and generous lawns and patios, the property includes homeowner rights to a private sandy beach. Detailed with plank and beam ceilings, large windows, and Saltillo tile floors, the two-bedroom main house is complemented by a separate guest house with an additional bedroom, bath, and kitchen. At the heart of the main house is a light-infused great room that features a comfortable skylight living room, a chef's kitchen, and huge glass doors that open to the backyard, ocean views, and a large all-weather dining pavilion. The skylight kitchen has a center island with bar seating, top-quality appliances, beautiful cabinetry, and a wide garden window above the counter and sink. The bedrooms include a very peaceful primary suite with a large walk-in closet, a skylight bath, and French doors that open to the backyard. The guest suite, with a private entry from the street, has been updated with the same care and quality as the main house and features a full kitchen, a bedroom and bath, a living/dining room, and a balcony with sensational ocean views. The backyard, in addition to the dining pavilion, has a dining pergola, a large lawn, and various areas for lounging and entertaining, plus there is room for a pool. The home also has a two-car garage as well as guest parking in the driveway and on the street. With easy access to beaches, shops, dining and miles of hiking and biking trails, this Broad Beach home is the perfect year-round getaway.

Listing Agent

Chris Cortazzo

Compass License #01190363 Listed on: 01/06/2025

Compass

Co-Listing Agent

Henry Denker

Compass License #02130177

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,818

Year Built

  • Built in 1954

Lot Details

  • 6,789 Sq Ft Lot
  • Landscaped
  • Sprinkler System
  • Lawn
  • Back and Front Yard
  • Property is zoned LCR1YY

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Bungalow
  • Turnkey

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • French Doors
  • Sliding Doors
  • Living Room
  • Dining Area
  • Tile Flooring
  • Alarm System

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Self-Cleaning Convection Oven
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • 3 Full Bathrooms
  • Double Vanity
  • <<bathWSpaHydroMassageTubToken>>
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Open Patio

Utilities

  • Central Heating
  • Property is located within a water district
  • Water Heater
  • Water Purifier
  • Septic Tank

Additional Features

  • Detached Guest House
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 4470-022-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,818

Year Built

Built in 1954

Lot Details

0

HOA Fees

$529 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 1992
  • Lot Acreage: 0.1559
  • Stories: 1
  • Year Built: 1954
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Cathedral-Vaulted Ceilings, Detached/No Common Walls, Built-Ins, High Ceilings (9 Feet+), Mirrored Closet Door(s), Turnkey, Recessed Lighting
  • Flooring: Tile
  • Appliances: Built-In Gas, Built-Ins, Microwave, Oven, Convection Oven, Range, Range Hood, Self Cleaning Oven
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Primary Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower and Tub, Tub With Jets, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, In Kitchen, Living Room, Kitchen Island
  • Kitchen Features: Island, Tile Counters, Counter Top, Open to Family Room
  • Laundry: Garage, Inside
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Freezer, Garbage Disposal, Dishwasher, Microwave, Hood Fan, Range/Oven, Refrigerator, Water Filter
  • Fireplace: No
  • Price Per S Q F T: 2259.04
  • Windows: Skylights

Exterior Features

  • Other Features: Balcony, High Ceilings (9 Feet+), French Doors, Sprinkler System, Sliding Glass Doors
  • Other Structures: GuestHouse
  • Guest House: Detached
  • Patio: Patio Open, Balcony
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes
  • Waterfront: Beach Rights

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Door Opener, Driveway, On street, Parking Space, Parking for Guests, Uncovered, Unassigned, Private
  • Total Parking: 6

Utilities

  • Water Heater: Water Heater Unit
  • Heating: Central
  • Security: Prewired for alarm system
  • Sewer: Septic Tank
  • Water: District

Condo/Co-op/Association

  • HOA Fee Frequency: Quarterly
  • HOA Fees: 1587.50
  • HOA: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4470-022-053
  • Lot Description: Back Yard, Front Yard, Lawn, Landscaped, Street Paved
  • Lot Location: Near Public Transit, Ocean Access, Beach Access
  • Lot Size Area: 6789

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $49,818 $4,080,000 $3,162,000 $918,000
2023 $48,920 $4,000,000 $3,100,000 $900,000
2022 $13,224 $880,952 $769,186 $111,766
2021 $12,456 $863,679 $754,104 $109,575
2020 $12,434 $854,824 $746,372 $108,452
2019 $12,241 $838,064 $731,738 $106,326
2018 $11,736 $821,633 $717,391 $104,242
2016 $11,357 $789,731 $689,535 $100,196
2015 $11,248 $777,869 $679,178 $98,691
2014 $11,061 $762,632 $665,874 $96,758
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $4,500,000 -4.2% $2,259 / Sq Ft
02/20/2025 02/20/25 Price Changed $4,699,000 -5.9% $2,359 / Sq Ft
01/06/2025 01/06/25 For Sale $4,995,000 +24.9% $2,508 / Sq Ft
07/18/2022 07/18/22 Sold $4,000,000 +9.6% $2,008 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $3,650,000 -- $1,832 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $4,000,000 Fidelity National Title
Interfamily Deed Transfer -- Equity Title
Quit Claim Deed -- --
Grant Deed $440,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,800,000 New Conventional
Closed $2,800,000 New Conventional
Previous Owner $1,380,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,100,000 Credit Line Revolving
Previous Owner $435,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $450,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $448,000 Unknown
Previous Owner $308,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25-477307

The MLS

APN: 4470-022-053