10 months on rocket

20616 Pacific Coast Hwy Unit 2, Malibu, CA, 90265

$599,000

Home List Price

$7,113*

Closing Credit

3 Bedrooms
3 Full Baths
1,764 SqFt
$340/SqFt
House

Location

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20616 Pacific Coast Hwy Unit 2, Malibu$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Attached GarageYes
Year Built1963
HeatingCentral
CoolingCentral Air
FireplaceGas
ViewOcean
MLS #24342979
Lot Size0.04 Acres
StatusActive

About 20616 Pacific Coast Hwy Unit 2

New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Named for the beach just steps away, Las Flores is a perfect oceanfront hideaway, with stunning views of the sparkling Pacific, islands and Queen's Necklace. This two-story contemporary has decks on both levels and private steps leading to the shore. Inside, the open concept layout is all about endless vistas, relaxation and entertaining. The first floor has floor-to-ceiling, wall-to-wall glass sliders plus a picture window, framing views to enjoy the living and dining area as well as the gourmet kitchen. The doors open to a covered balcony perfect for al fresco dining. The kitchen features Caesarstone countertops, high-end stainless steel appliances, a beverage fridge and bar seating. Behind the kitchen is a handy laundry area and a full bathroom is nearby. One of two staircases leads directly to the primary suite, which features a fireplace, a beachfront balcony and a spa-style en suite bathroom with a soaking tub, tiled shower and dual-sink vanity. The other stairway goes to a landing with doors to a private patio. Also on this level are a guest bedroom and bathroom, and a family room/office which is also accessible from the primary suite. This getaway is midway between Malibu and Santa Monica, and close to Duke's Malibu, Nobu and shopping. The home, which has a two-car garage with a second refrigerator, comes fully furnished and professionally decorated. Lock in assumable rates under 5% on select resale Pacaso homes and enjoy competitive integrated financing.

Property Details

Property Features

Property Information:

  • Architectural Style: See Remarks
  • Year Built: 1963
  • Stories: 0
  • Living Area: 1,764 SqFt

Listing Office:

  • Office Name: Pacaso Inc.
  • Office Phone: (628) 222-3360
  • Listing Agent: Joseph Maehler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean

Parking Information:

  • Attached Garage: Yes

Virtual/3D Tour

  • 3D Tour: 20616 Pacific Coast Hwy Unit 2
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Big Rock Dr take a right on Pacific Coast Highway and your destination is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $340/SqFt
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Housing Market Comparison

See how this home compares to others in Malibu, CA.

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Malibu, CA

City

Med. Sold Price

$3.5M

Med. Price/SqFt

$1,316

Avg. Days On Market

98

# of Sold Homes

11

20616 Pacific Coast Hwy Unit 2 vs Malibu

317 DAYS ON ROCKET

+219 Days

$599,000

-$2.9M Less

$340/SqFt

-$976 Less

KEY TAKEAWAY

This property is $2.9M less than the Median Sold Price and $976/SqFt less than other homes in Malibu, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24342979

Listing Office:

  • Office Name: Pacaso Inc.
  • Office Phone: (628) 222-3360
  • Listing Agent: Joseph Maehler

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-557101
7
/10

  • Topanga Elementary Charter School

  • 22075 Topanga School Rd

  • 3.91 miles

  • Public Charter Grades KG-5

school-card-donut-557102
8
/10

  • John L. Webster Elementary School

  • 3602 Winter Canyon Rd

  • 4.28 miles

  • Public District Grades KG-5

school-card-donut-557103
7
/10

  • Marquez Charter Elementary School

  • 16821 Marquez Ave

  • 4.38 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,588. The majority of Malibu, CA residents have income $200k+ annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 20616 Pacific Coast Hwy Unit 2

What is the listing price of this property?

The listing price of 20616 Pacific Coast Hwy Unit 2 property is $599,000.

What type of property is this?

The property 20616 Pacific Coast Hwy Unit 2 is a house located in Malibu, California, 90265.

Is this property for sale now?

Active Listing: 20616 Pacific Coast Hwy Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 20616 Pacific Coast Hwy Unit 2 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 20616 Pacific Coast Hwy Unit 2 is 1,764 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 20616 Pacific Coast Hwy Unit 2 is 1963.

Rocket Homes›California›Los Angeles County›Malibu›90265›20616 Pacific Coast Hwy Unit 2

This home is located at 20616 Pacific Coast Hwy Unit 2 in Malibu, CA and zip code 90265 in the Big Rock neighborhood. This 1,764 square foot home, which was built in 1963, sits on a 0.04 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $599,000.

While more than 2 listings in Malibu, CA in October 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. In October 2024 in Malibu, CA there were 9.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 98 days, the median list price was $3,500,000.

From Rocket Homes Real Estate and based on county public records data.

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