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Malibu, CA

Malibu Real Estate Blog - Monday 11-09-2009 - Malibu Weekly Market Snapshot

Dom Naidoo - Pacific Palisades Real Estate: Real Estate Agent in Pacific Palisades, CA

Market Analysis Report

# of Listings
Average DOM
Low Price $
Median Price $
High Price $
Average Price Total $
*Avg. Price w/ Sq.Ft. $
*Average Sq. Ft.
*Avg. Price/Sq.Ft. $
***Avg. Price w/ LSZ $
***Average LSZ
***Average Price/LSZ $
Average SP/Average LP
Active
124
131
1,975
607,000
14,995,000
1,544,173
1,549,315
3,032.12
510.97
1,638,686
102,187.14
16.04
--
Backup
1
59
550,000
550,000
550,000
550,000
550,000
995
552.76
N/A
N/A
N/A
--
Hold
--
--
--
--
--
--
--
--
--
--
--
--
--
Pending
7
167
375,000
985,000
9,500,000
4,082,857
3,646,667
2,611.33
1,396.48
4,599,167
6,626.17
694.09
--
Sold LP
15
121
2,600
5,000
11,900,000
1,023,741
163,593
2,953.17
55.40
1,023,741
333,443.07
3.07
--
Sold SP **
15
121
2,500
5,000
10,300,000
898,408
153,426
2,953.17
51.95
898,408
333,443.07
2.69
87.76%
Expired
24
234
2,100
599,500
22,500,000
1,881,025
954,979
2,275.16
419.74
2,119,663
198,924.89
10.66
--
Canceled
2
143
3,250
999,625
1,996,000
999,625
999,625
1,701
587.67
999,625
7,083
141.13
--
Withdrawn
14
205
2,600
505,000
5,840,000
1,010,643
826,846
1,789.77
461.98
1,277,833
299,377.33
4.27
--

* = Square footage calculations do not include those listings with a reported square footage of zero (34 such listings were found).
*** = Lot size calculations do not include those listings with a reported lot size of zero (25 such listings were found).
** = All calculations in the "Sold (Sold Price)" column do not include those Sold listings with either a reported square footage of zero or a reported Selling Price of zero (0 such listings were found) or a reported lot size of zero (0 such listings were found).
Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Finally the Septic Tank System in Most of Malibu Will Be a Thing of the Past

Jane Peters Los Angeles Living, Los Angeles Homes: Real Estate Agent in Los Angeles, CA

Malibu, an area of Los Angeles that contains some of the most expensive real estate in Los Angeles County and is home to countless movie stars, is about to lose the bulk of its septic tank systems after years of fierce debate.

The septic tank system has been popular in the area because it hindered growth in a neighborhood coveted for its wide open spaces and beautiful views. But detractors fought against the ocean and beach pollution caused as a result.Surfer

The switch to a sewer system will come at great expense to residents in the areas affected, around $500 a month. Businesses will pay $20,000 a month. There is a compromise which would shrink the affected areas and allow owners in commercial areas to comply by 2015 and residents in Malibu Knolls, Serra Retreat, and Malibu Colony by 2019.

Septic tanks were a major consideration in Malibu becoming an incorporated city in 1991 to stop Los Angeles County installing a sewer system in the area. Residents were afraid of over-development.

The stench in the area, especially after a rainstorm is famous and called the "Malibu smell". Not what one would imagine in such an upscale neighborhood.

In an area full of beachgoers and famous for its surfer, getting rid of this polluting factor can only be a good thing.

Malibu Real Estate - 6360 Cavalleri Road video tour

Dom Naidoo - Pacific Palisades Real Estate: Real Estate Agent in Pacific Palisades, CA

RECENTLY REMODELED BY A FAMED NEW YORK DECORATOR. LOCATED IN AN EXCLUSIVE GATED COMMUNITY THIS PARKLIKE ESTATE TRANSPORTS YOU INTO A WORLD OF SECRET SECLUSION. DRAMATIC FLOOR PLAN WITH SOARING CEILING HEIGHTS & ENORMOUS ROOMS. MASTER SUITE WAS CREATED AS A PRIVATE REFUGE WITH A SITTING AREA AND A SUMPTUOUS BATH SUITE, WALK-IN CLOSET, EXPANSIVE TERRACE & INTIMATE VERANDA OVERLOOKING THE LUSH LANDSCAPE BEYOND. THE POOL ENTERTAINING AREA IS ENHANCED BY A VIKING BARBEQUE, REFRIGERATOR, ICE MAKER, & A TRELLISED DINING AREA OFF THE CABANA & CHANGING ROOM. TRULY A MUST SEE!! CALL NOW 310.459.8191

  • Neighborhood: Malibu
  • Lot Size: 44431
  • Type: Single Family Residential for Sale
  • Floors: Two or More Stories
  • Bedrooms: 4
  • Baths: 6
  • Square Feet: 5599
  • Year Built: 1992
  • School District: check with city
  • Views: Ocean & Mountain
  • Appliances: some Viking. All Stainless Steel
  • Security: Gated Property in Exclusive Gated Community

Malibu California Real Estate – Malibu Homes – Malibu Homes For Sale - Market Update - 4Malibu.com

Bobby Lehmkuhl: Real Estate Agent in Malibu, CA

Malibu California Real Estate Market Activity

Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. Copyright © 2009 by Combined L.A./Westside MLS, Inc. Information deemed reliable but not guaranteed.


For information on stats from January 1, 2009 - current, visit:

http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2134403

Beachfront (as of Nov. 5, 2009) Landside (as of Nov. 5, 2009)
# of Actives Price Range # of Actives Price Range
SFR 76 $875,000 - $36,000,000 SFR 268 $269,000 - $65,000,000
Condos 31 $525,000 - $5,900,000 Condos 38 $389,000 - $1,995,000
Leases 160 $1,200 - $100,000 Leases 155 $1,600 - $250,000
Land 7 $198,500 - $12,500,000 Land 237 $24,900 - $29,999,999

OCTOBER 2009 SALES / LEASES
SINGLE FAMILY - LANDSIDE
Address LP SP BR BA SF LSZ YB
29500 Heathercliff Rd. #258 $325,000 $285,000 3 2 1,650 3,000 1974
2847 Searidge St. $625,000 $605,000 3 3 - 5,506 1950
5936 Paseo Canyon Dr. $1,065,000 $935,000 3 3 2,196 13,226 1970
3707 Oceanhill Way $1,100,000 $1,212,500 4 2.5 2,263 6,554 1972
29607 W. Hidden Park Dr. $1,795,000 $1,665,000 4 4.5 4,774 80,210 2007
6722 Fernhill Dr. $1,995,000 $1,748,690 3 1.75 1,693 27,878 1957
4789 Latigo Canyon Rd. $2,275,000 $2,040,000 4 4.5 4,614 145,054 2001
32915 Calle De La Burrita $2,300,000 $2,075,000 4 4 3,519 28,800 1991
5353 Horizon Dr. $2,495,000 $2,430,000 4 4.5 - 13,000 2003
21570 Rambla Vista $2,750,000 $2,500,000 4 4.5 3,258 4,008 2002
28802 Teal Terrace $2,800,000 $2,200,000 4 3.25 4,292 84,271 1989
29670 Harvester Rd. $3,399,000 $2,650,000 4 3.5 3,503 33,106 2003
SINGLE FAMILY - BEACHSIDE
Address LP SP BR BA SF LSZ YB
19260 Pacific Coast Hwy. $2,395,000 $21,35,000 2 2 1,836 1,389 1979
7271 Birdview Ave. $5,395,000 $4,700,000 4 3 2,942 33,000 1958
23560 Malibu Colony Rd. $11,900,000 $10,300,000 5 6.5 - 6,957 1990
CONDOS - LANDSIDE
Address LP SP BR BA SF LSZ YB
6435 Zumirez Dr. #1 $995,000 $870,000 2 2.5 2,204 - 1991
CONDOS - BEACHSIDE
Address LP SP BR BA SF LSZ YB
11966 Oceanaire Ln. $599,900 $590,000 2 2 995 1975
20638 Pacific Coast Hwy. #3 $725,000 $680,000 1 1 576 1961
26666 Seagull Way #C109 $999,999 $900,000 2 2 920 1973
LEASES - LANDSIDE
Address LP SP BR BA SF LSZ YB
23901 Civic Center Way #122 $2,500 $2,600 2 1.5 1,000 1,599 1972
6482 Cavalleri Rd. $2,500 $2,450 2 2 1,056 2,239 1975
29500 Heathercliff Rd. #81 $2,900 $2,700 2 2 1,400 3,000 1971
28400 Rey De Copas Ln. $2,995 $2,995 2 2.5 1,306 2,469 1974
28318 Rey De Copas Ln. $3,600 $3,600 2 3 1,821 2,957 1974
6489 Cavalleri Rd. #202A $3,865 $3,865 2 2 1,557 5,283 1991
21003 Pacific Coast Hwy. $3,995 $3,500 3 2 1,600 15,050 1930
6489 Cavalleri Rd. #305 $4,000 $4,000 2 3 1,863 5,283 1991
4134 Maguire Rd. $4,250 $4,000 4 3 2,637 5,990 1999
6416 Sea Star Dr. $4,300 $4,300 3 2 1,807 8,638 1974
6489 Cavalleri Rd.#413D $4,850 $4,850 3 3.5 1,981 470,000 1991
29500 Heathercliff Rd. #42 $5,000 $5,000 4 4 3,090 2,250,309 1969
6489 Cavalleri Rd. #408 $5,400 $5,400 3 3 2,188 5,283 1991
6722 Fernhill Dr. $5,500 $4,000 3 1.5 1,693 27,878 1957
7261 Birdview Ave. $5,500 $5,000 3 2.5 - 43,996 1963
24612 Vantage Point Terrace $6,500 $6,000 4 3.5 3,341 13,765 1975
20740 Las Flores Mesa Dr. $6,500 $6,000 4 4 3,228 14,810 1999
30001 Zenith Point Rd. $6,700 $6,600 4 2.5 2,231 136,778 1979
6231 Murphy Way $15,000 $15,000 5 4 5,098 39,212 2002
LEASES - BEACHSIDE
Address LP SP BR BA SF LSZ YB
25444 Malibu Rd. $5,250 $5,000 1 2 - 8,546 1958
25363 Malibu Rd. #2 $5,495 $5,495 3 3 - 7,875 -
25346 Malibu Rd. $6,000 $5,000 1 1 936 7,950 1947
7005 Birdview Ave. $6,300 $5,800 3 2 - 25,265 1956
22648 Pacific Coast Hwy. #5 $7,250 $7,150 2 2 1,150 15,682 1950
26645 Latigo Shore Dr. $12,500 $12,500 4 3.5 5,800 5,227 1993
25152 Malibu Rd. $15,000 $14,166 3 3 - 6,377 -
24748 Malibu Rd. $16,000 $14,000 3 3 1,740 7,418 1960
62 Malibu Colony Rd. $25,000 $25,000 5 4 2,617 10,395 1927
25250 Malibu Rd. $35,000 $29,000 5 5 4,300 7,200 2002
24748 Malibu Rd. $16,000 $14,000 3 3 1,740 7,418 1960
62 Malibu Colony Rd. $25,000 $25,000 5 4 2,617 10,395 1927
25250 Malibu Rd. $35,000 $29,000 5 5.5 4,300 7,200 2002
LAND - LANDSIDE
Address LP SP BR BA SF LSZ YB
0 Eaglepass Dr. $299,000 $131,000 84,071


For more info, email Info@4Malibu.com or call (310) 365-7696. 4Malibu.com

State of California D.R.E. Broker License # 01457517

REOTrans Certified

A Green Option For Your Countertop

Bozena Chorazewicz: Architectural Design in Los Angeles, CA

Kitchen and bathroom renovations are always giving me mixed feelings. I'm happy when my clients get a fresh, functional, and clean space. On the other hand, after every such renovation in my mind's eye I can already see the mountains of debris where, eventually, the newly installed materials end their life after the owner decides that they can no longer serve their purpose.

The most popular hard surface material is natural stone: granite, marble, limestone, travertine, soapstone, you name it. Almost all of them are imported from remote locations. Because of this, they have increased levels of embedded energy (embedded or embodied energy is energy required to extract raw materials, manufacture the product, and supply it to the point of use), meaning that there is a significant amount of carbon dioxide emitted not only during the manufacturing process, but also while getting those products into our homes.

There are multiple alternatives to natural stone in kitchen and bath design: ceramic, glass, concrete, metal, solid surface, and many more. Recently I researched a hard surface material that I find particularly interesting, not only because the versatility of the design, but also because its content is up to 70% recycled, and the majority of the materials used are sourced within 500 miles of the manufacturing location. This recycled glass and concrete composite material is called EcoX, and it is manufactured by Meld USA in Raleigh, North Carolina.

Quadra tile by Meld USA
Quadra tile by Meld USA

EcoX is manufactured in slabs as well as tile. Its surface can be lightly polished to get a smooth finish or honed to reveal colorful recycled materials embedded in the concrete. The tiles are available pre-sealed with a low VOC penetrating sealer, and can be used in indoor and outdoor applications. Additionaly, EcoX can be used for table tops, wall panels, backsplashes, bathtub and shower surrounds, sinks, bathtubs, furniture, and accessories.

Room & Board tables with concrete tops
Room & Board tables with concrete tops


EcoX can qualify for LEED credits in Materials & Resources and Indoor Environmental Quality categories.
The manufacturer calls this product "an eco-sensitive concrete with personality", and I must say that I totally agree!