
Malibu, California 90265
This Turnkey Coastal Condominium represents a Strong Value Opportunity, listed at $899,000—positioned above the $856,939 Fair Market Value. While the price reflects a premium, the property maintains a Mint Condition Rating following a comprehensive recent renovation. Featuring a modern kitchen, private patio with peek-a-boo ocean views, and access to resort-style amenities, this residence offers a refined lifestyle near Pepperdine University. Given the long-term tenant occupancy until August 2026, this is an ideal acquisition for Buy-and-Hold Investors or future owner-occupants seeking a stable, high-end coastal asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23901 Civic Center Way 126 Subject | $899,000* List Price | 2 | 2 | 905 | $949 | - |
A 23901 Civic Center Way 122 Sold | $850,000 | 2 | 2 | 992 | $857 | 0.0 mi |
B 23901 Civic Center Way 262 Sold | $745,000 | 2 | 2 | 895 | $832 | 0.0 mi |
C 23901 Civic Center Way 114 Active | $995,000 List Price | 2 | 2 | 992 | $1,003 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1972, the interior has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinetry, stainless steel appliances, updated flooring, and contemporary lighting, meeting the criteria for mint condition.
Situated in a guard-gated community within walking distance to Malibu Country Mart and Pepperdine University, offering unparalleled access to world-class beaches and local amenities.
As a coveted corner unit, the residence benefits from increased natural light and a more private feel, complemented by modern updates and a private patio with peek-a-boo ocean views.
The community provides high-end lifestyle features including a pool and fitness center with ocean views, lighted tennis courts, and 24/7 guard-gated security.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =166891, other record lot size in square feet = 166825.
The property is tenant-occupied until August 5th, 2026, which prevents immediate move-in for owner-occupants and may limit the pool of potential buyers to investors.
The monthly HOA fee of $1,065.20 is substantial for a two-bedroom unit, significantly increasing the monthly carrying costs and impacting the overall investment yield.
Welcome to effortless coastal living in the heart of Malibu! Perfectly positioned within the guard-gated Malibu Canyon Village community, this light-filled, beautifully updated residence is just moments from Pepperdine University, the Malibu Country Mart, world-renowned beaches, and so much more. As a coveted corner unit, the residence is flooded with natural light, creating a bright and inviting atmosphere. Thoughtful updates, stylish finishes, and a seamless layout make the home feel both refined and comfortable from the moment you arrive. The spacious living and dining areas flow seamlessly to a private covered patio, inviting you to enjoy peaceful mornings with peek-a-boo ocean views. The updated kitchen offers custom cabinetry, stainless steel appliances, and a functional design ideal for both everyday living and entertaining. The ensuite primary bedroom serves as a private retreat, while the well-appointed secondary bedroom provides flexibility for guests, roommates, or a home office. Designed for ease and comfort, this single-level unit also includes two assigned parking spaces with extra private storage. Residents of Malibu Canyon Village enjoy an array of resort-style amenities, including a pool and fitness center with ocean views, a lighted tennis court, beautifully maintained grounds, and guard-gated security. Whether you're searching for a primary residence, a stylish weekend retreat from the city, off-campus housing for our Pepperdine community, or an investment opportunity, this turnkey coastal residence offers an exceptional blend of lifestyle, location, and value. Unit is tenant occupied until August 5th, 2026.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 905 | 1,137.5 |
| Lot Size | 166,891 | 39,611 |
| Price | $899.0K | $1.45M |
| Price per sq ft | $993 | $1.3K |
| Built year | 1972 | 1975 |
| HOA | $1065.2 | $1.1K |
| Days on market | 35 | 82 |
Jun 18, 2026
$899,000
Initial Listing
Jul 21, 2020
$725,000
Public Record
Jan 27, 2020
$400,000
Public Record
Jul 26, 2013
$450,000
Public Record