tomo logo

$3,150,000

Beds
2
Baths
2.5
sq ft
1,490

20436 Pacific Coast Hwy, Malibu, CA 90265

20436 Pacific Coast Hwy

Malibu, CA 90265

  • 91 days on market
    • Price drop $145,000↓
Located next to the iconic Moonshadows Restaurant, this charming Malibu beachfront sanctuary is ideally situated between Santa Monica and central Malibu. There are 2 bedrooms upstairs (plus an upstairs family room area) and 2.5 bathrooms, boasting one of Malibu's most sought-after coastal panoramas.A welcoming interior designed for relaxation and entertainment, this Big Rock Beach property is a rare end-unit and has unobstructed views of the Santa Monica Bay. A well-appointed kitchen and open dining area flow into a living room and balcony perched over the sea. Additionally, there is an attached garage and carport for storage and parking. Upstairs, the romantic primary suite features an outdoor oceanfront balcony and a luxurious en-suite bath. Down the hallway is an open family room area and a guest suite with a separate bath ensuring privacy for visitors. Outside, multiple decks afford breathtaking ocean views from Point Dume to Catalina Island, including a subterranean patio area ideal for enjoying meals al-fresco amidst the crashing waves. And, only a few steps away, this home enjoys easy access to a beautiful cove and pocket beach - allowing the homeowner and guests easy access to sandy shores. This home encapsulates the essence of beachfront living, blending modern comfort with the timeless allure of old-world Malibu. **This property has a strong history for short-term rentals and could be sold furnished to seamlessly continue the rental income.

Details

Property type

Single Family Residence

Est. home value

$3,082,061

Lot size

1,503 sq ft

Price per sq ft

$2,115

Year built

1963

HOA

No

Price History

07/26/2024
CLAW

CLAW #24411451

Price change
$3,150,000
-4.4%
07/05/2024
CLAW

CLAW #24411451

Listed
$3,295,000
+46.9%
02/12/2021
CLAW

CLAW #21678634

Sold
$2,243,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Santa Monica-Malibu Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

October 2021

Original loan amount

$1,784,000

Est. remaining balance

Not provided

Interest rate

2.62%

Loan type

New Conventional, 30 year

Seller

Rajiv Dalal and Divya Dalal

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2021

Original loan amount

$1,794,400

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Divya Dalal and Rajiv Dalal

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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19046 Pacific Coast Hwy, Malibu, CA 90265

Status: Active

Tomo last checked: 10/04/2024 at 5:40 PM

Listing updated: 10/03/2024 at 9:09 PM

Listed by: Shen Schulz, Sotheby's International Realty Phone #: (310) 456-6431

MLS: CLAW #24411451

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