tomo logo

$9,495,000

Beds
6
Baths
7.0
sq ft
6,208

30420 Morning View Dr, Malibu, CA 90265

30420 Morning View Dr

Malibu, CA 90265

  • Pending
Set on 2.3+ acres of flat land in prime Malibu, this gated contemporary Mediterranean compound offers luxurious living with stunning ocean views and enormous grassy lawns. The estate provides privacy, security, and ample space with 6,200+ sq. ft. of interior living including 6 bedrooms and 7 bathrooms. Finished with the finest materials, the home is bathed in natural light from large windows that overlook the verdant grounds and the magnificent Pacific Ocean. The formal living room centers around a cozy fireplace, while the updated kitchen boasts superior stainless steel appliances and ample counter space. The living area opens to a private terrace with a sparkling, oversized swimmer's pool and spa. At the base of the lot, find a Hawaiian-landscaped garden with full palms, manicured lawns, and wide-open spaces perfect for various activities including gardening, sports, or the potential for equestrian facilities or future development (buyer to verify). The primary suite features his and her ensuite baths, two walk-in closets, and a private sitting room, along with access to an upper private deck where you can enjoy breathtaking sunset vistas and tranquil nights. Parking includes a 3-car garage with 6 additional driveway spaces. This luxurious legacy estate is conveniently located just moments away from Zuma Beach, grocery stores, shopping, restaurants, and Malibu High School.

Details

Property type

Single Family Residence

Est. home value

$9,613,158

Lot size

2.2992 acres

Price per sq ft

$1,530

Year built

1981

HOA

No

Price History

08/13/2024
CLAW

CLAW #24416441

Pending
$9,495,000
07/24/2024
CLAW

CLAW #24416441

Listed
$9,495,000
+13.71%
02/01/2022
CLAW

CLAW #21787938

Sold
$8,350,000

Schools & Community

Neighborhood: 

Malibu Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

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

Seller could get up to

$4,021,781
Asking price
$9,495,000
Closing costs (~8% of asking)
-$759,600
Est. remaining loan balance
-$4,713,619
Cash to seller
$4,021,781

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Citadel Servicing Corporation

Loan start date

December 2021

Original loan amount

$5,000,000

Est. remaining balance

$4,713,619

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Takashi Cheng

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 8:00 PM

Listing updated: 08/13/2024 at 12:13 PM

Listed by: Kane Kaijun Lim, The Oppenheim Group, Inc. Phone #: (310) 990-6656

MLS: CLAW #24416441

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