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23901 Civic Center Way 114, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath

23901 Civic Center Way 114, Malibu, California 90265 home-pic-0
ACTIVE$1,100,000
23901 Civic Center Way 114, Malibu, California 90265
2Beds
2Baths
992Sqft
166,891Lot
Year Built
1972
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$1,109
HOA
$1,100
Days on market
-
Sold On
-
MLS number
25579283
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean
Deck
ViewCity Lights,Coastline,Mountain(s),Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(57th), sqft - 992(43th), beds - 2(50th), baths - 2(50th).

Location, Views, Amenities! Enjoy Santa Monica Bay ocean views and panoramic mountain views from this coveted central Malibu two-bedroom, one-and-a-half-bath townhome style condo (no one living above or below the unit) tucked away from Pacific Coast Highway in the guard-gated Malibu Canyon Village community. Thoughtfully updated, this home blends modern sophistication with comfort featuring stainless steel appliances, crisp white stone floor tile downstairs, wide plank oak flooring upstairs, recessed lighting and custom features throughout. The sleek kitchen offers soft-close cabinetry, while every interior finish feels fresh and luxurious. Start your day with breathtaking sunrises, then take advantage of the resort style community amenities: a refreshing pool, tennis court, and a gym boasting panoramic ocean and mountain views. Two covered parking spaces and a guest pass add to the convenience. Currently tenant-occupied through August 2026 at a monthly rental rate of $6,000/month, this property also presents an investment opportunity. Ideally located near Malibu Farmer's Market, local dining and shopping, Pepperdine University, and Whole Foods, this townhome offers a lifestyle of beauty and ease.

Price History

Date
Event
Price
12/12/25
Price Change
$1,100,000-8.3%
08/15/25
Listing
$1,200,000
04/20/23
Sold
$845,000
11/02/10
Sold
$410,000
09/19/95
Sold
$162,500
Condition Rating
Excellent
Despite being built in 1972, this property has undergone an extensive and luxurious modern renovation, bringing its interior to an excellent, virtually new condition. The kitchen features sleek white soft-close cabinetry, stainless steel appliances, and a contemporary tile backsplash. The flooring is updated with crisp white stone tile downstairs and wide plank oak upstairs, complemented by modern recessed lighting throughout. While the building's infrastructure is older, the unit itself meets current quality standards with no visible deferred maintenance, making it move-in ready with high-end finishes.
Pros & Cons

Pros

Exceptional Location & Views: Prime central Malibu location within a guard-gated community, offering stunning Santa Monica Bay ocean, panoramic mountain, city lights, and coastline views. Proximity to key Malibu amenities like the Farmer's Market, dining, shopping, Pepperdine University, and Whole Foods.
Luxurious Modern Renovation: Recently and thoughtfully updated with high-end finishes including stainless steel appliances, crisp white stone floor tile downstairs, wide plank oak flooring upstairs, recessed lighting, and a sleek kitchen with soft-close cabinetry, presenting a fresh and luxurious interior.
Resort-Style Community Amenities: Residents enjoy access to a refreshing pool, tennis court, and a gym, all boasting panoramic ocean and mountain views, significantly enhancing the lifestyle appeal and value.
Strong Investment Potential: Currently tenant-occupied through August 2026 at a monthly rental rate of $6,000, providing immediate and substantial rental income for investors.
Private Townhome Style & Ample Parking: Unique townhome-style condo with no neighbors above or below, offering enhanced privacy compared to typical condos. Includes two covered parking spaces and a guest pass for added convenience.

Cons

Substantial Monthly Association Fees: The $1,100 monthly association fee is a significant ongoing cost that could impact affordability and overall investment yield for potential buyers.
Compact Living Space & Limited Bathrooms: With 992 sqft, the living space is relatively compact for the Malibu market, and the 1.5 bathrooms may be considered limited for a two-bedroom unit in this price range.
Aging Building Infrastructure: Built in 1972, the property is over 50 years old. While the interior is updated, the age of the overall building structure and common elements could lead to higher maintenance costs or special assessments in the future.

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