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4Malibu.com Bobby Lehmkuhl • Danielle Dutcher Broker Lic #01457517 • Broker Lic #01463653 DRE Certified Short Sale Negoitator |
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Active Malibu Properties as of October 21, 2009 |
| Beachside |
Landside |
| # of Actives | Price Range | # of Actives | Price Range | |||
| SFR | 71 | $875,000 - $36,000,000 | SFR | 264 | $269,000 - $65,000,000 | |
| Condos | 34 | $557,900 - $5,900,000 | Condos | 43 | $379,000 - 1,995,000 | |
| Leases | 165 | $1,200 - $90,000,000 | Leases | 161 | $1,600 - $50,000 | |
| Land | 6 | $198,500 - $13,500,000 | Land | 6 | $24,900 - $29,999,999 |
MALIBU, CA
as of October 21, 2009
| Address | LP | BR | BA | SF | LSZ | DOM | SS/REO |
| 26258 Fairside Rd. | $800.000 | 4 | 3 | 1,796 | 5.955 | 360 | SS |
| 33439 Mulholland Hwy. | $896,800 | 6 | 3 | 3,014 | 412,508 | 47 | REO |
| 11770 Pacific Coast Hwy. | $949,000 | 3 | 3 | 1,854 | 3,799 | 601 | SS |
| 31341 Birdella Rd. | 1,025,000 | 5 | 3 | 2,766 | 7,105 | 30 | SS |
| 20404 Roca Chica Dr. | $1.075,000 | 3 | 3 | 2,612 | 11,186 | 85 | SS |
| 21549 Pacific Coast Hwy. | $1,249,000 | 3 | 2 | 1,905 | 7,753 | 376 | SS |
| 10935 Pacific View Dr. | $1,250,000 | 1 | 1 | 700 | 869,893 | 1253 | SS |
| 24311 Sylvan Glen Rd. | $1,279,000 | 4 | 3.5 | 2,438 | 43,124 | 69 | SS |
| 6115 Paseo Canyon Dr. | $1,595,000 | 3 | 2 | 1,647 | 17,598 | 384 | SS |
| 29343 Bluewater Rd. | $1,749,000 | 3 | 2 | 2,593 | 48,325 | 1 | REO |
| 32150 Mulholland Hwy. | $1,850,000 | 4 | 3 | 4,028 | 222,156 | 49 | SS |
| 24742 Saddle Peak Rd. | $1,999,000 | 3 | 3 | 3,999 | 47,036 | 11 | SS |
| 31636 Sea Level Dr. | $5,950,000 | 4 | 3.5 | 2,784 | 6,408 | 57 | SS |
| Condos/Townhomes |
| Address | LP | BR | BA | SF | LSZ | DOM | SS/REO |
| 6485 Kanan Dume Rd. | $389,000 | 2 | 2 | 1,056 | - | 12 | SS |
| 28212 Rey De Copas Ln. | $460,600 | 2 | 3 | 1,306 | 1,947 | 70 | REO |
| 23901 Civic Center Way #C129 | $490,000 | 2 | 2 | 902 | - | 11 | SS |
| 11948 Whalers Ln. | $557,900 | 2 | 2 | 1,075 | - | 127 | REO |
| 6450 Lunita Rd. #122 | $996,000 | 2 | 2.5 | 1,831 | - | 190 | SS |
| 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. |
As of October 14, 2009, there are currently 8 Short Pay - Short Sales on the landside and 2 Short Pay - Short Sales on the beachside. If you would like further information on Short Pays / Short Sales, I am a DRE Certified Short Sale Specialist. For additional information, you can also visit my website at:
http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2067020
| SHORT PAY - SHORT SALES - MALIBU, CA |
| SINGLE FAMILY - LANDSIDE |
| Address | LP | BR | BA | SF | LSZ | YB | DOM |
| 26258 Fairside Rd. | $800,000 | 4 | 3 | 1,796 | 5,955 | 1976 | 354 |
| 33439 Mulholland Hwy. | $896,800 | 6 | 3 | 3,014 | 412,508 | 2002 | 41 |
| 31341 Birdella Rd. | $1,025,000 | 5 | 3 | 2,776 | 7,105 | 1995 | 24 |
| 20404 Roca Chica Dr. | $1,075,000 | 3 | 3 | 2,612 | 11,186 | 1964 | 79 |
| 21549 Pacific Coast Hwy. | $1,249,000 | 3 | 2 | 1,905 | 7,753 | 1947 | 370 |
| 10935 Pacific View Dr. | $1,250,000 | 1 | 1 | 700 | 869,893 | 2005 | 1247 |
| 24311 Sylvan Glen Rd. | $1,279,000 | 4 | 3.5 | 2,438 | 43,124 | 1998 | 63 |
| 6115 Paseo Canyon Dr. | $1,595,000 | 3 | 2 | 1,647 | 17,598 | 1963 | 378 |
| SINGLE FAMILY - BEACHSIDE |
| Address | LP | BR | BA | SF | LSZ | YB | DOM |
| 11770 Pacific Coast Hwy. #T | $949,000 | 3 | 3 | 1,854 | 3,799 | 1972 | 595 |
| 31636 Sea Level Dr. | $5,950,000 | 4 | 3.5 | 2,784 | 6,408 | 1962 | 51 |
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 more information please email Bobby@4Malibu.com or call (310) 365-7696. 4Malibu.com State of California D.R.E. Broker License # 01457517
| 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. |
| Beachfront (as of Oct. 7, 2009) | Landside (as of Oct. 7, 2009) |
| # of Actives | Price Range | # of Actives | Price Range | ||
| SFR | 70 | $875,000 - $36,000,000 | SFR | 267 | $269,000 - $22,900,000 |
| Condos | 32 | $527,500 - $5,900,000 | Condos | 43 | $379,000 - $1,995,000 |
| Leases | 173 | $1,700 - $100,000 | Leases | 159 | $1,600 - $60,000 |
| Land | 6 | $198,500 - $13,500,000 | Land | 243 | $24,900 - $29,999,999 |
| SEPTEMBER 2009 SALES / LEASES |
| SINGLE FAMILY - LANDSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 29500 Heathercliff Rd. #181 | $1,395,000 | $1,060,000 | 3 | 3.5 | 2,100 | 4,872 | 2005 |
| 2085 N. Shadow Creek Dr. | $1,595,000 | $1,525,000 | 4 | 4.5 | 4,922 | 108,464 | 2007 |
| 6934 Grasswood Ave. | $2,395,000 | $1,900,000 | 4 | 3 | 2,344 | 44,867 | 1964 |
| 6453 Guernsey Ave. | $2,495,000 | $2,000,000 | 5 | 3 | 2,321 | 26,136 | 1968 |
| 21066 Las Flores Mesa Dr. | $2,795,000 | $2,300,000 | 3 | 4 | 2,582 | 16,988 | 1973 |
| 7022 Grasswood Ave. | $4,600,000 | $3,550,000 | 5 | 6 | 7,231 | 43,560 | 1992 |
| 6225 Zumirez Dr. | $7,900,000 | $7,450,000 | 5 | 7 | 6,271 | 94,117 | 2004 |
| 6261 Ebbtide Way | $15,900,000 | $13,443,800 | 6 | 4 | - | 304,920 | 1979 |
| SINGLE FAMILY - BEACHSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 31610 Broad Beach Rd. | $5,950,000 | $5,700,000 | 5 | 6 | 4,324 | 10,541 | 1987 |
| CONDOS - LANDSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 18219 Coastline Dr. #1 | $875,000 | $765,00 | 2 | 2 | 1,000 | 1,376 | 1972 |
| 11770 Pacific Coast Hwy. #EE | $1,485,000 | $1,445,100 | 4 | 3 | 1,782 | - | 1969 |
| CONDOS - BEACHSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 6825 Shearwater Ln. | $965,250 | $1,301,000 | 2 | 2 | 1,484 | - | 1975 |
| LEASES - LANDSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 23901 Civic Center Way #258 | $2,200 | $2,200 | 2 | 2 | 895 | 1,598 | 1972 |
| 6460 Cavalleri Rd. | $2,200 | $2,100 | 2 | 2 | 1,056 | 2,239 | 1975 |
| 6472 Cavalleri Rd. | $2,400 | $2,100 | 2 | 2 | 1,056 | 2,239 | 1975 |
| 28711 Pacific Coast Hwy. #9 | $2,650 | $2,400 | 2 | 1.5 | 1,007 | 11,543 | 1988 |
| 23901 Civic Center Way #D238 | $2,650 | $2,500 | 2 | 2 | 895 | 1,598 | 1972 |
| 6224 Tapia Dr. #D | $3,200 | $3,000 | 2 | 2 | 1,270 | 9,713 | 1965 |
| 28916 Rey De Copas Ln. | $3,400 | $3,200 | 2 | 2.5 | 1,306 | 1,947 | 1974 |
| 6487 Cavalleri Rd. #329A | $3,865 | $3,865 | 2 | 2 | 1,577 | 5,283 | 1993 |
| 31518 Anacapa View Dr. | $3,900 | $3,900 | 2 | 1 | - | 124,581 | 1996 |
| 29500 Heathercliff Rd. #65 | $3,900 | $3,700 | 3 | 2 | 1,625 | 3,000 | 2005 |
| 28234 Rey De Copas Ln. | $4,300 | $4,300 | 2 | 3 | 1,681 | 2,957 | 1974 |
| 18459 Coastline Dr. | $4,500 | $4,500 | 3 | 2.5 | 2,112 | 6,517 | - |
| 6487 Cavalleri Rd. #122A | $5,000 | $5,000 | 2 | 2 | 1,577 | - | 1993 |
| 6278 Paseo Canyon Dr. | $5,800 | $5,400 | 4 | 3 | 2,315 | 13,878 | 1962 |
| 31215 Bailard Rd. | $7,800 | $7,200 | 4 | 5 | 5,300 | 41,547 | 1986 |
| 25321 Malibu Rd. | $8,000 | $7,000 | 3 | 2 | 2,288 | 15,259 | 1960 |
| 28891 Cliffside Dr. | $8,000 | $8,000 | 2 | 2 | 1,670 | 51,767 | 1958 |
| 6489 Cavalleri Rd. #412 | $9,375 | $9,000 | 2 | 2.5 | 1,828 | 5,283 | 1991 |
| 33100 Mulholland Hwy. | $9,800 | $9,800 | 5 | 6 | 6,325 | 601,564 | 2007 |
| 24753 Vantage Point Terrace | $15,000 | $12,500 | 4 | 3.5 | 5,248 | 93,057 | 1987 |
| LEASES - BEACHSIDE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 26668 Seagull Way #D104 | $2,500 | $2,300 | 1 | 1 | 664 | 1,690 | 1973 |
| 26664 Seagull Way #B117 | $2,950 | $2,800 | 1 | 1 | 724 | 1,690 | 1973 |
| 32614 Pacific Coast Hwy. | $3,300 | $3,000 | 1 | 1 | 401 | 84,506 | 1947 |
| 20054 Pacific Coast Hwy. #B | $3,500 | $3,500 | 1 | 1.5 | - | 2,370 | 1959 |
| 25316 Malibu Rd. #1 | $5,100 | $5,000 | 2 | 2 | - | 7,945 | 1958 |
| 19146 Pacific Coast Hwy. | $6,500 | $6,000 | 3 | 2 | 1,203 | 2,187 | 1948 |
| 27208 Pacific Coast Hwy. | $7,000 | $7,000 | 3 | 2.5 | 1,614 | 8,276 | 1950 |
| 26645 Latigo Shore Dr. | $12,500 | $11,000 | 4 | 3.5 | 5,800 | 5,227 | 1993 |
| 23402 Malibu Colony Rd. | $80,000 | $80,000 | 6 | 6 | 6,500 | 15,246 | 1949 |
Short Sales....Long story short...
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $800,000. The market value of the home is $650,000.
Long story short, the lender accepts the offer for $650,000 and the home is sold. That's a short sale. Why are lenders so eager to take such a huge discount? Banks do not like bad loans. If they see an opportunity where they can sell the property without the huge loss of a foreclosure, they will do it. Some lenders report that if the home goes into foreclosure by the time the home actually closes with the new buyer, the lender will be lucky to net 50% of the original loan balance.
Bottom line from the lenders perspective? They are in the business of lending money, not owning homes. If they can accept a short sale offer and rid themselves of the bad loan AND net more, vs the home going into foreclosure, they will do it every time. It's simply smart business.
Time is not on your side when you are considering a short sale. You must act quickly and work only with a real estate expert who has successfully completed and graduated from advanced real estate education programs. I am a DRE Certified Short Sale Negotiator.
Contact me for additional information on short sales and/or visit the short sales information link on my website at:
http://www.4malibu.com/Nav.aspx/Page=%2fPageManager%2fDefault.aspx%2fPageID%3d2067020
BIG ROCK Market Activity
January 1, 2009 - September 29,2009
| SINGLE FAMILY - ACTIVE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20525 Little Rock Way | $1,095,000 | - | 3 | 2 | 1,583 | 15,516 | 1957 |
| 20404 Roca Chica Dr. | $1,100,000 | - | 3 | 3 | 2,612 | 11,186 | 1964 |
| 20734 Big Rock Dr. | $1,799,000 | - | 3 | 2.5 | 2,500 | 24,829 | 1960 |
| 20832 Big Rock Dr. | $1,995,000 | - | 2 | 3 | 2,100 | 24,389 | - |
| 20721 Big Rock Dr. | $2,199,950 | - | 4 | 4 | 2,440 | 39,200 | 1995 |
| 20514 Roca Chica Dr. | $2,295,000 | - | 3 | 3 | 2,197 | 32,030 | 1973 |
| 20779 Big Rock Dr. | $2,544,000 | - | 4 | 3 | 3,200 | 30,928 | 1997 |
| 20860 Big Rock Dr. | $2,700,000 | - | 5 | 3.5 | 3,400 | 35,280 | 1973 |
| SINGLE FAMILY - LOOKING FOR BACKUP |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20537 Little Rock Way | $1,300,000 | - | 3 | 2 | 1,700 | 31,559 | 1955 |
| 20364 Seaboard Rd. | $1,599,000 | - | 3 | 3 | 2,233 | 10,960 | 1968 |
| SINGLE FAMILY - PENDING |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20436 Roca Chica Dr. | $1,495,000 | - | 3 | 3 | 2,088 | 28,048 | 1968 |
| 20504 Roca Chica Dr. | $1,895,000 | - | 3 | 2.5 | 2,522 | 14,070 | 1966 |
| SINGLE FAMILY - SOLD |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20485 Roca Chica Dr. | $1,299,000 | $1,199,000 | 3 | 3 | 1,972 | 12,358 | 1976 |
| 20434 Roca Chica Dr. | $1,499,000 | $1,450,000 | 3 | 3 | 2,544 | 12,868 | 1966 |
| 20773 Big Rock Dr. | $2,355,000 | $2,100,000 | 3 | 3 | 2,631 | 45,738 | 1957 |
| 20310 Big Rock Dr. | $2,449,000 | $2,250,000 | 4 | 5.5 | 3,831 | 14,140 | 1966 |
| LEASES - ACTIVE |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20495 Roca Chica Dr. | $5,900 | - | 3 | 3 | 2,361 | 12,650 | 1967 |
| 20721 Big Rock Dr. | $6,500 | - | 4 | 3 | 2,440 | 39,200 | 1995 |
| 20223 Piedra Chica Rd. | $7,950 | - | 4 | 3 | 2,935 | 16,805 | 1965 |
| 20514 Roca Chica Dr. | $8,500 | - | 3 | 3 | 2,197 | 32,030 | 1973 |
| 20573 Little Rock Way | $11,000 | - | 4 | 2 | 2,823 | 34,848 | 1955 |
| LEASES - SOLD |
| Address | LP | SP | BR | BA | SF | LSZ | YB |
| 20426 Roca Chica Dr. | $7,500 | $7,500 | 3 | 3 | 2,758 | 12,998 | 1966 |
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California Real Estate Broker with Outstanding Service!
For over 50 years, Pritchett-Rapf has offered and represented the finest homes in Malibu, California-and inimitable enclave that attracts celebrities, entertainment professionals and those seeking an exclusive yet relaxed atmosphere.
Our clients have found beachfront properties, magnificent estates, ranches, canyon homes, and have built their dream homes on acres of exquisite land. We also specialize in properties in Topanga Canyon; a unique, rural, artistic community that possesses breathtaking natural beauty.
We're recognized as a premier real estate firm because our founding partners, Jack Pritchett and Jim Rapf, have made professional integrity, personal attention loyalty to our clients the benchmarks of everything we do. Like the California coastline itself, our image of exclusivity is only enhanced by our relaxed approachability.
Our International partners share our dedication to personal service and offer access to luxurious, hand-picked properties throughout the world.
California Real Estate Broker License
Specializing In
* Real Estate Appraisal
* Legal Aspects of Real Estate
* Real Estate Finance
* Property Management
* Foreclosure, REO & Short Sale Negotiation
"Bobby worked with us to find our first home, which we purchased the end of December, 2008. Bobby is very friendly, great to work with, and he made us very comfortable. He is very outgoing, positive, and has a great attitude. He asked what we were looking for and showed us houses that fit our needs. He made it very fun to look for our home.
When we called him, he returned the call the same day. He worked so hard every day to find the home with everything we were looking for and in our price range. He had so much patience and kept putting offers in for us. When we did not have time to go look at a house, he would go look at it for us to see if it met our standards.
Buying a first home can be very stressful, but Booby made it so easy for us. Any question we had, he would answer completely and more. We worked with a real estate agent before we worked with Bobby, and she was nice, but we didn't have complete trust in her ability and we weren't sure that she understood what we were looking for. Bobby knew exactly what we were looking for and he found it for us. He got us a great deal and saved us a lot of money. We got everything we wanted in a first home. It is perfect.
It was a pleasure working with Bobby. We were so satisfied with his services that we have already referred our friends and family, who is working with right now, to get their homes. We appreciated Bobby so much and will never use another agent for our future home purchases. He knows exactly what he is doing and we trust him. We are so grateful for Bobby's help that we would strongly recommend him for anyone looking to buy a home."
-Evette Michaelis & Hector Garcia
"We would like to thank you for your help in the sale of our home in North Ranch. We sincerely appreciate your availability and your constant enthusiasm through a difficult sale in a situation that was less than perfect. You were able to keep a positive attitude and work through the difficult times in ways other realtors were not willing to do so. We were amazed at your ability to turn our home in to a "diamond-in-the-rough". Not only do we have a realtor that we could trust, we also have a friend! We look forward to a long and mutually profitable future."
Yours truly,
Karl, Kai and Shauna Schwerdtfeger
My favorite thing about the house hunting experience was anytime that we asked about a particular area he took us there to show us a property. I really feel that helped us make a decision because we were never pushed, never felt obligated to do anything or rushed. When we found the property that really excited us we told him that we liked and wanted it. With Bobbys assistance we put an offer together that we all felt was fair. I had never done a real estate transaction but was never lost or confused to due to Bobbys constant information of what we were doing and what was going to happen next. Then shortly after I received a phone call telling me that we were homeowners, an achievement that I always dreamed of accomplishing. It was a great experience, with a great person who I would refer anyone in my family or recommend to any of my friends! I also believe [Pritchett~Rapf] is very lucky to have such an asset to their company!"
Brent Green
"We would like to take a special moment to let you know how happy we were with your services. We never imagined how a person, like yourself, could make that complicated process be so enjoyable. We appreciated the extra steps you took to put us at ease every step of the way. Your constant commununication assured us that the transaction was going smoothly. We have already told all our friends about you and have given them your number. We love our new home and feel we owe it all to you! A very special thank you from our family."
The Bloch Family
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