tomo logo

$7,750,000

Beds
3
Baths
2.0
sq ft
1,676

24216 Malibu Rd, Malibu, CA 90265

24216 Malibu Rd

Malibu, CA 90265

  • 428 days on market
    • Price drop $700,000↓
Here is the perfect beach getaway on coveted Malibu Road: skylights, picture windows, full-width deck, and steps to the sand. You'll find sunrise-to-sunset views from here to Catalina, plus great beach-home styling: plank and beam wood ceilings, Saltillo tile floors, and a bright, open layout. Escape, relax, and entertain in true indoor-outdoor Malibu style in this lovely single-level home. A gated courtyard entry offers tantalizing ocean views, and the front door opens to expansive vistas from the living/dining/kitchen great room and the deck just outside. Perfect for comfort and congenial gatherings, the space has a fireplace and a chandelier dining area. French doors open onto the wraparound oceanfront deck, which offers room for entertaining, lounging, and pergola-shaded al fresco dining. The kitchen is lovely and bright, with white tilework, brick detailing, superb appliances, and a huge picture window looking out at the ocean. The home's three bedrooms are light-filled and peaceful, with large windows. Additional features include central heating and air conditioning, an outdoor shower, and a two-car garage. Watch for dolphins, seabirds, and even whales from your deck, or step down to the sand for a morning or evening stroll. This is beachfront living at its best.

Details

Property type

Single Family Residence

Est. home value

$8,207,918

Lot size

5,723 sq ft

Price per sq ft

$4,625

Year built

1958

HOA

No

Price History

06/12/2024
CLAW

CLAW #23307349

Listed
$7,750,000
05/23/2024
CLAW

CLAW #23307349

Pending
$7,750,000
04/23/2024
CLAW

CLAW #23307349

Price change
$7,750,000
-8.28%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

National Mortgage Resources Inc

Loan start date

March 2022

Original loan amount

$541,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial

Seller

Edward Israel

Lender

Premier America Cu

Loan start date

June 2020

Original loan amount

$3,607,500

Est. remaining balance

Not provided

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Edward M Israel

Lender

Hankey Capital Llc

Loan start date

March 2020

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

3.51%

Loan type

Commercial

Seller

Edward M Israel

Lender

Washington Mutual Bank Fa

Loan start date

May 2001

Original loan amount

$1,100,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Edward M Israel

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: 11/05/2024 at 12:25 AM

Listing updated: 10/12/2024 at 11:11 AM

Listed by: Christopher Cortazzo, Compass Phone #: (310) 230-5744

MLS: CLAW #23307349

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