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$10,222,426Estimated home value

Beds
3
Baths
4.0
sq ft
1,761

31478 Broad Beach Rd, Malibu, CA 90265

31478 Broad Beach Rd

Malibu, CA 90265

  • Off market
    • Price drop $30,000↓
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. With seemingly endless views, this beautifully updated 3-bedroom, 4-bathroom home is the epitome of Malibu living. The Pacific can be seen from every room and enjoyed from expansive decks. With a full wall of glass, the living room and kitchen offer sweeping views and access to one of the decks. The living room features a beamed tray ceiling, clerestory windows and a modern wall of floating shelves, cabinets and an EcoSmart fireplace. The kitchen features Miele appliances, white quartz countertops, warm wood cabinets and bar seating. Each of the three bedrooms offer en suite bathrooms, deck access and more ocean views. One of the two main-level bedrooms includes an outdoor shower and hot tub. The primary suite is on the upper level, with a private balcony. The en suite includes a basalt and slate bath and shower area with a skylight, and a sleek double vanity. The upper level also offers a sunrise-to-sunset entertaining space: A covered area features a huge skylight, a bar counter with a sink and fridge, and multi-level decks for al fresco dining and lounging while enjoying the views. The home, which has a two-car garage, comes fully furnished and professionally decorated.

Details

Property type

Single Family Residence

Est. home value

$10,222,426

Lot size

7,413 sq ft

Price per sq ft

$551

Year built

1976

HOA

No

Price History

08/21/2024
CLAW

CLAW #24343745

Removed
$969,000
08/13/2024
CLAW

CLAW #24343745

Pending
$969,000
07/01/2024
CLAW

CLAW #24343745

Price change
$969,000
-3%

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

April 2022

Original loan amount

$4,091,750

Est. remaining balance

Not provided

Interest rate

2.8%

Loan type

Credit Line (Revolving)

Seller

31478 Broad Beach 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?

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Status: Off Market

Tomo last checked: 10/04/2024 at 6:40 PM

Listing updated: 08/13/2024 at 10:14 AM

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

MLS: CLAW #24343745

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