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$3,195,000

Beds
3
Baths
2.5
sq ft
1,853

20520 Pacific Coast Hwy, Malibu, CA 90265

20520 Pacific Coast Hwy

Malibu, CA 90265

  • 89 days on market
    • Price drop $500,000↓
Reduced by $500,000! Quintessential Malibu beachfront home, designer done and recently renovated throughout using the finest materials. 3 bedrooms, 2.5 bathrooms, two fireplaces and two huge decks to experience incredible sunrise / sunset views, crisp ocean air and the soothing sounds of the Pacific Ocean. The chef's kitchen transitions seamlessly to the dining area and spacious living room, equipped w/ fireplace and large sliding doors opening to the outdoor deck. Great indoor/outdoor flow on both levels for entertaining guests. 1/2 bathroom on the main floor. Sumptuous primary suite on the second floor including a fireplace, large viewing deck and spa-like primary bathroom w/ soaking tub, separate shower and dual vanity. Tucked away from the primary suite you will find two additional bedrooms sharing a jack-and-jill full bathroom. Beach access via stairs below the entertaining floor. Furnishings are available for purchase. The property is located a four minute walk to Moonshadows restaurant, a six minute drive to Nobu / Soho Little Beach House and two buildings over from Maritime Rocks Beach Accessway at Big Rock Beach. Subject to land lease.

Details

Property type

Condominium

Est. home value

$2,456,585

Property condition

Updated/Remodeled

Lot size

2,091 sq ft

Price per sq ft

$1,725

Year built

1960

HOA

No

Price History

08/16/2024
CLAW

CLAW #24413477

Price change
$3,195,000
-13.53%
07/10/2024
CLAW

CLAW #24413477

Listed
$3,695,000
+43.5%
04/08/2022
CLAW

CLAW #22119379

Sold
$2,575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

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

Wells Fargo Bank Na

Loan start date

October 2003

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.44%

Loan type

Credit Line (Revolving), 40 year

Seller

Jeff Berger

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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Status: Active

Tomo last checked: 10/07/2024 at 4:40 PM

Listing updated: 10/01/2024 at 1:59 PM

Listed by: Charlie Schuster, Compass Phone #: (310) 230-5478

MLS: CLAW #24413477

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