31528 Broad Beach Rd, Malibu, CA 90265

4 beds3 baths2,873 sqft Edit

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Sold: $2,970,000
Sold on 11/15/13
Zestimate®: $3,530,704
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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BROAD BEACH MALIBU FIXER! BUILD YOUR DREAM HOUSE AT THE BEACH! Just Listed is this GOLDEN OPPORTUNITY to purchase and rehab your Malibu Beach Getaway! The home has been gutted and is ready for the perfect buyer or investor to build their dream home overlooking the ocean. This impeccably located 2,873 square foot home sits on a prime corner lot at the intersection of Broad Beach Road and the gated, private, Victoria Point enclave. The home is in very good condition and is a perfect candidate for an overhaul that is sure to send the value soaring! Surrounded by properties valued at millions more, this is a fantastic opportunity to customize and add immense value. Current improvements include four bedrooms three full baths, ocean views, redwood deck, in-ground jacuzzi, two car garage and central air and heat. Permits and plans for a fully renovated, approximately 3200 square foot dream house at the beach can be delivered at the close of escrow. WILL NOT LAST!  More Less 

Facts

  • Lot: 7,710 sqft
  • Single Family
  • Built in 1971
  • Views: 10,394 all time views
  • Cooling: Central
  • Last sold: Nov 2013 for $2,970,000
  • Last sale price/sqft: $1,034

Features

  • Parking: Garage - Attached, 2 spaces

      Additional Features

      • Bedroom
      • Full Bath

      Construction

      • Roof type: Other
      • Room count: 11
      • Stories: 2
      • Structure type: Other
      • Unit count: 1

      Other

      • Floor size: 2,873 sqft
      • Last remodel year: 1972
      • Lot depth: 100
      • Lot width: 75
      • Parcel #: 4470017051
      • Zillow Home ID: 20557759

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $3,530,704
      +$34,954 Last 30 days
      $2.65M
      $4.17M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $15,565/mo
      +$354 Last 30 days
      $8.7K
      $31K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

      If this home is listed on Zillow, it will reach the largest real estate network on the web.*
      10,394 all-time views
      of this home (chart)
      385 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $1.8-5.72M.

      $1.58M
      $5.94M

      Mortgages

      Neighborhood: 90265

      Zillow predicts 90265 home values will increase 3.7% next year, compared to a 3.9% rise for Malibu as a whole. Among 90265 homes, this home is valued 59.6% more than the midpoint (median) home, and is valued 15.5% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 90265, the number of foreclosures waiting to be sold is 19.9% lower than in Malibu, and 11.4% higher than the national average. This lower local number could help 90265 home values rise more quickly than other regions in Malibu.

      Learn more about forecast calculations or 90265 home values.
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        Nearby Schools in Malibu

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org