As of November 20,2009, the properties below are currently on the market in Malibu, CA as short sales and REOs. For additional information on any of these properties, visit my website at www.4Malibu.com.
Searching for foreclosures in Malibu, CA? Click here.
| CONDOS |
| Status | Address | LP | BR | BA | SF | LSZ | DOM |
| Short Sale | 6485 Kanan Dume Rd. | $389,000 | 2 | 2 | 1,056 | - | 34 |
| Short Sale | 23901 Civic Center Way #C129 | $395,000 | 2 | 2 | 902 | - | 41 |
| REO | 28212 Rey De Copas Ln. | $446,700 | 2 | 3 | 1,306 | 1,947 | 104 |
| Short Sale | 23901 Civic Center Way #373 | $454,900 | 1 | 2 | 856 | 1,599 | 8 |
| SINGLE FAMILY RESIDENCES |
| Status | Address | LP | BR | BA | SF | LSZ | DOM |
| Short Sale | 26258 Fairside Rd. | $800,000 | 4 | 3 | 1,796 | 5,955 | 390 |
| REO | 33439 Mulholland Hwy. | $864,800 | 6 | 3 | 3,014 | 412,508 | 77 |
| Short Sale | 31420 Birdella Rd. | $975,000 | 3 | 3 | 2,649 | 23,378 | 14 |
| Short Sale | 24311 Sylvan Glen Rd. | $1,279,000 | 4 | 3.5 | 2,438 | 43,124 | 99 |
| Short Sale | 30375 Morning View Dr. | $1,495,000 | 3 | 3 | 1,556 | 85,229 | 251 |
| Short Sale | 6115 Paseo Canyon Dr. | $1,595,000 | 3 | 2 | 1,647 | 17,598 | 414 |
| REO | 29343 Bluewater Rd. | $1,749,000 | 3 | 2 | 2,593 | 48,325 | 31 |
| Short Sale | 32150 Mulholland Hwy. | $1,850,000 | 4 | 3 | 4,028 | 222,156 | 79 |
| Short Sale | 24742 Saddle Peak Rd. | $1,999,000 | 3 | 3 | 3,999 | 47,036 | 21 |
| Short Sale | 31636 Sea Level Dr. | $5,950,000 | 4 | 3.5 | 2,784 | 6,408 | 87 |
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.
First Time Buyers at the Beach (Malibu, CA)
REO, Short Sales, Foreclosures - Yes, even the beach (more specifically, Malibu, CA) is not immune to this economic impact. If you are in a position to purchase real estate, now is the time - to act. Where do you want to live? If you have always dreamed of living by the beach, opportunity is knocking and deals are out there.
According to a news article, in Malibu, over the last 50 years, there has been a 5% increase over time. 12 of those years have averaged 20% or more. Only 8 times has there been a decrease.
You want it, we've got it - the ultimate Malibu deals - Beachfront or Canyon, Single Family Homes, Land, Condos & Leases.
Contact 4Malibu.com, Bobby Lehmkuhl, at 310.365.7696 or at Info@4Malibu.com.
Bobby Lehmkuhl ׀ Danielle Dutcher
Obama Signs Homebuyer Tax Credit Extension
November 6, 2009- President Barak Obama has approved the first-time homebuyertax credit extension which will extend the tax credit until April 30, 2010. The extension is part of a $24 billion economic stimulus bill that will extend the $8,000 tax credit for homebuyers who are purchasing their first home from the current November 30 deadline and expands the program to offer a credit of $6,500 to homeowners who have lived in their current home for at least five years and are seeking to relocate.
The following details apply to the homebuyer tax credit expansion:
Who is Eligible
Income Limits
Effective Dates
Types of Homes that Qualify
Tax Credit is Refundable
Payback Provisions
| 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
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For more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517
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