
Malibu, California 90265
This Malibu Oceanfront Bungalow is a Strong Value Opportunity, listed at $6,995,000—positioned well below the $7,494,697 Fair Market Value by 7%. This valuation gap offers $499,697 in Instant Equity. Boasting an Excellent Condition Rating with a 2024 New Roof and 2023 Plumbing, the home features Panoramic Ocean Views and direct access to Las Flores Beach. With a proven Airbnb Income Stream and location in the Santa Monica-Malibu Unified district, it balances luxury with financial logic. This is an ideal acquisition for Owner-Occupants or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21030 Pacific Coast Highway Subject | $6,995,000* List Price | 3 | 2 | 1,198 | $6,256 | - |
A 20762 Pacific Coast Highway Active | $5,950,000 List Price | 1 | 1 | 952 | $6,250 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1926, this property has undergone extensive and very recent renovations, including new plumbing in 2023 and a new roof in 2024, bringing major systems to a virtually new condition. The interior, as seen in the images, features a modern coastal aesthetic with white plank ceilings, light flooring, and contemporary light fixtures. The kitchen boasts modern white shaker cabinets, stainless steel appliances, and stylish wood countertops, all appearing to be in excellent condition. While no direct bathroom images are provided, the description mentions a 'tiled bath' in the primary suite, and the overall high standard of renovation suggests updated, quality bathrooms. The property shows no signs of deferred maintenance and meets current quality standards, aligning with an 'excellent' condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7407, living area = 1198.
Directly situated on Las Flores Beach at a famous surf break, offering unparalleled ocean access and the quintessential Malibu beach living experience.
Features walls of glass and multiple decks designed to maximize stunning, ever-changing panoramic views of the ocean and coastline from nearly every room.
Built in 1926, the property's age, despite recent upgrades, may still present ongoing maintenance considerations or limitations typical of older structures.
With 1,198 sqft, the interior living space is relatively compact for a luxury oceanfront property in Malibu, which might not appeal to buyers seeking more expansive indoor areas.
Its direct beachfront location on a famous surf break, combined with extensive glass and open decks, could lead to increased public presence, noise, and potential privacy considerations.
With the oceanfront atmosphere of a year-round vacation house, this charming bungalow is perfectly situated for relaxed living and entertaining. Panoramic ocean and coastline views and the ever-changing vistas of the shoreline. Located at the famous surf break on Las Flores Beach, the home has walls of glass and decks to take full advantage of the surroundings creating a natural flow between the indoors and the outdoors. The main living area is an ocean-view living/dining/kitchen space with a wall of glass doors that open to the beachfront deck. Plank ceilings, additional windows, and skylights complement the home's natural light. The kitchen features quality appliances, bar seating, and a breakfast area. The primary suite has high plank-and-beam ceilings, skylights, deck access, a sitting area, walk-in closet, tiled bath and sensational ocean views from the comfort of the bed. The additional 2 bedrooms offer chic comfort for your guests and sliding doors opening to a side yard letting in the ocean breezes. Step out your door to the oceanfront jacuzzi or lounge on the expansive oceanfront deck offering two levels creating the perfect space to entertain. On the upper level is a huge enclosed dining sunroom and an enormous lounging area partially shaded by a beautiful Norfolk pine tree. The lower deck has more space for dining, lounging, barbecue, fire pit, outdoor shower and gated steps to the shore. Some recent upgrades include new plumbing in 2023, new roof in 2024 and Lifesource Water System! Private and romantic, this is the very essence of Malibu beach living. Currently offered as a short term rental on Airbnb generating additional income as well!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 2.0 | 4.0 | 23% |
| Square foot | 1,198 | 2,748 | 13% |
| Lot Size | 7,407 | 18,559.5 | 25% |
| Price | $7.00M | $3.77M | 75% |
| Price per sq ft | $5.8K | $1.3K | 97% |
| Built year | 1926 | 1979 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 161 | 226 | 23% |
Nov 12, 2025
$6,995,000
Initial Listing
Nov 10, 2022
$6,343,500
Public Record
Jun 21, 2019
$4,387,500
Public Record
Apr 22, 2015
$3,200,000
Public Record