tomo logo

$845,000

Beds
3
Baths
3.0
sq ft
1,760

20612 Pacific Coast Hwy, Malibu, CA 90265

20612 Pacific Coast Hwy

Malibu, CA 90265

  • 247 days on market
New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Ready to live a true beach lifestyle? This Malibu shoreline home is waiting. The two-story contemporary, with 3 bedrooms and 3 bathrooms, is topped by a rooftop deck that's perfect for oceanfront relaxing and entertaining. Water and coastline views are also on offer throughout the home. Sliding glass doors from the living room open to a serene patio, and the upper-level primary bedroom includes a covered balcony overlooking the water. The spacious bedroom also has built-in cabinets and an elegant en suite bathroom with two deep sinks set in a sleek stone vanity. The chef's kitchen features stone counters and backsplash, with top-of-the-line stainless steel appliances. It connects to the light-filled dining area and living room, with a gas fireplace and the patio beyond. The home, which has easy access to the world-class shops and restaurants of Malibu, comes fully furnished and professionally decorated.

Details

Property type

Est. home value

$4,176,377

Lot size

1,888 sq ft

Price per sq ft

$481

Year built

1963

HOA

No

Price History

03/20/2024
CLAW

CLAW #24371101

Listed
$845,000
-84.06%
07/06/2021
CLAW

CLAW #21744098

Sold
$5,300,000
+51.43%
03/05/2021
CLAW

CLAW #21677216

Sold
$3,500,000
+40%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

First Republic Bank

Loan start date

September 2021

Original loan amount

$2,357,500

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Commercial

Seller

20612 Pacific Coast Highway Llc

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?

Similar Homes Nearby

Price drop
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$750,000
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20460 Pacific Coast Hwy Unit 4, Malibu, CA 90265

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Status: Active

Tomo last checked: 11/22/2024 at 7:50 PM

Listing updated: 10/28/2024 at 6:25 AM

Listed by: Joseph Maehler, Pacaso Inc. Phone #: (628) 222-3360

MLS: CLAW #24371101

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