23901 Civic Center Way 257, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
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Malibu, California 90265
This Malibu Canyon Village condo represents a High-Potential Investment Opportunity, listed at a List Price of $750,000—positioned slightly above the $720,427 Fair Market Value by -4%. While the unit features a Condition Rating of 4 with updated bathrooms and hardwood floors, the dated kitchen offers a clear path for value-add modernization. Residents enjoy premium amenities including a pool, tennis courts, and guarded security. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle near Pepperdine University.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23901 Civic Center Way 257 Subject | $750,000* List Price | 2 | 2 | 895 | $805 | - |
A 23901 Civic Center Way 262 Sold | $745,000 | 2 | 2 | 895 | $832 | 0.0 mi |
B 23901 Civic Center Way 122 Sold | $850,000 | 2 | 2 | 992 | $857 | 0.0 mi |
C 23901 Civic Center Way D238 Active | $750,000 List Price | 2 | 2 | 895 | $838 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972. While the property features newer hardwood floors and 'updated bathrooms' per the description, the kitchen is clearly dated with older white appliances, a coil-top stove, and basic cabinetry likely exceeding 20 years in age, requiring modernization.
Centrally located with immediate access to Pepperdine University, world-class beaches, and local dining, making it highly desirable for students, faculty, and coastal enthusiasts.
The gated Malibu Canyon Village offers premium security and lifestyle facilities, including a guarded entry, pool, tennis courts, and a fitness center.
The unit features a rare combination of mountain, canyon, and ocean views from the balcony, providing a serene and high-value aesthetic environment.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1559, other record lot size in square feet = 166825.
The association fee of $1,100 per month is substantial for a sub-900 square foot unit, which may impact buyer affordability and debt-to-income ratios.
At 895 square feet for a two-bedroom configuration, the interior layout is relatively small, which may feel restrictive for buyers seeking more expansive modern living quarters.
Spectacular Condo in gated Malibu Canyon Village Complex! Quiet and serene with mountain views and ocean view from balcony. Spacious and inviting with private living quarters, updated bathrooms and beautiful hardwood floors throughout. Centrally located with easy access to nearby restaurants, shops, beaches and Pepperdine University. Complex amenities include Clubhouse, Pool, Tennis Courts, Fitness Facility, Covered Parking and Guarded Entry Gate for optimal security.
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 | 895 | 1,137.5 |
| Lot Size | 1,559 | 39,611 |
| Price | $750.0K | $1.45M |
| Price per sq ft | $838 | $1.3K |
| Built year | 1972 | 1975 |
| HOA | $1100.0 | $1.1K |
| Days on market | 13 | 82 |
Jul 9, 2026
$750,000
Initial Listing
Aug 3, 2004
$473,000
Public Record