Looking for a truly million dollar view of the ocean near Broad Beach, with huge square footage, this bank owned 3146 sq ft unit has both. However you will need to bring your checkbook to bring this property back to life. It has major deferred maintenance and you will need to replace everything. The unit has 3 bedrooms 2 baths on the main floor and a large office and studio over the garage with a separate entrance. So much potential here and location location. The possibilities to create a home, personal gym, office, guest area or art studio is all here. One can listen to the crashing waves, breath the sea air and watch the beautiful sunsets or dolphins playing. Truly a diamond in the Rough.
The property is subject to the California Civil Code Section 2429p for the first 30 days of marketing
Seller is reviewing offers at this time and looking for highest and best by 12/11/ 2023 by 11:59 PM mountain time
Sold for $1,460,000 on 05/01/24
Listing Provided by:
Dianne Garnett DRE #00938489 805-377-4692,
Coldwell Banker Realty,
Don Kelber DRE #00935055 805-495-1048,
Coldwell Banker Realty
Bought with: Coldwell Banker Realty
$1,460,000
31258 Bailard Rd #1, Malibu, CA 90265
3beds
3,146sqft
Condominium
Built in 1973
-- sqft lot
$1,705,300 Zestimate®
$464/sqft
$16,250 Estimated rent
Home value
$1,705,300
$1.48M - $1.98M
$16,250/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 01, 2024 at 11:04am
Listing Provided by:
Dianne Garnett DRE #00938489 805-377-4692,
Coldwell Banker Realty,
Don Kelber DRE #00935055 805-495-1048,
Coldwell Banker Realty
Bought with:
Dianne Garnett, DRE #00938489
Coldwell Banker Realty
Source: CRMLS,MLS#: SR23215640
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 3
Heating
- Central, Forced Air, Fireplace(s)
Cooling
- None
Appliances
- Included: Electric Oven
- Laundry: Laundry Closet
Features
- Beamed Ceilings, Breakfast Bar, Balcony, Ceramic Counters, Separate/Formal Dining Room, Living Room Deck Attached, Multiple Staircases, Storage, Unfurnished, Attic, Main Level Primary, Workshop
- Flooring: Tile, Vinyl, Wood
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 3,146 sqft
Property
Parking
- Total spaces: 2
- Parking features: Direct Access, Driveway, Garage Faces Front, Garage, Off Street, Paved, Shared Driveway, Side By Side, Workshop in Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: See Remarks
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Patio & porch: Deck, Open, Patio, Porch
- Pool features: None
- Has view: Yes
- View description: Bay, Ocean, Panoramic
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: Across the Road from Lake/Ocean, Ocean Side Of Highway
Lot
- Size: 0.29 Acres
- Features: 2-5 Units/Acre, Bluff, Flag Lot, Gentle Sloping, Paved
Details
- Parcel number: 4470002054
- Zoning: LCR210000*
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary,Traditional
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Foundation: Block, Combination, Pillar/Post/Pier
- Roof: Composition
Condition
- Repairs Major
- New construction: No
- Year built: 1973
Utilities & green energy
- Electric: 220 Volts in Workshop
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights
Location
- Region: Malibu
HOA & financial
HOA
- Amenities included: Outdoor Cooking Area, Other
- Association name: Labarera Assoc
- Association phone: 000-000-0000
Other
Other facts
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2024 | Sold | $1,460,000+0.5%$464/sqft |
Source:  CRMLS #SR23215640 Report a problem | ||
| 2/14/2023 | Sold | $1,452,965+190.6%$462/sqft |
Source: Public Record Report a problem | ||
| 1/26/2020 | Listing removed | $500,000$159/sqft |
Source: COASTLINE PROPERTIES #IV19284254 Report a problem | ||
| 12/21/2019 | Pending sale | $500,000$159/sqft |
Source: COASTLINE PROPERTIES #IV19284254 Report a problem | ||
| 12/21/2019 | Listed for sale | $500,000-68.6%$159/sqft |
Source: COASTLINE PROPERTIES #IV19284254 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,347 -19.8% | $1,489,200 -26.3% |
| 2024 | $24,129 +377.7% | $2,019,600 +467.6% |
| 2023 | $5,052 +2.5% | $355,807 +2% |
Find assessor info on the county website
Neighborhood: 90265
Nearby schools
GreatSchools rating
- 6/10Malibu ElementaryGrades: K-5Distance: 3.3 mi
- 8/10Malibu MiddleGrades: 6-8Distance: 1.6 mi
- 9/10Malibu High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$1,705,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,705,300