23901 Civic Center Way D235, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
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23901 Civic Center Way D235
Malibu, California 90265
ACTIVE
CONDITION: FAIR
2Beds
2Baths
895Sq Ft
166,891Lot Size
Property Price
LIST PRICE$825,000
EST. MARKET VALUE
$752,397
9% AboveMARKET VALUE
SUMMARY
This Malibu Canyon Village condo represents a Strong Value Opportunity, listed at a List Price of $825,000—positioned well above the $752,397 Fair Market Value by 9%. While the property requires modern updates given its Condition Rating of 4, it offers a prime location near Pepperdine University and Panoramic Ocean Views. The dual en-suite layout provides excellent rental flexibility. This residence is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle in a secure, gated community.
Estimated Market Value
$752,397
Based on Realkey algorithm analyzing recent comparable sales in Malibu.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23901 Civic Center Way D235 Subject | $825,000* List Price | 2 | 2 | 895 | $841 | - |
A 23901 Civic Center Way D238 Sold | $710,000 | 2 | 2 | 895 | $793 | 0.0 mi |
B 23901 Civic Center Way 122 Sold | $850,000 | 2 | 2 | 992 | $857 | 0.0 mi |
C 23901 Civic Center Way 257 Active | $750,000 List Price | 2 | 2 | 895 | $838 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, this unit is well-maintained and 'move-in ready' but clearly dated. The kitchen features older white appliances and basic cabinetry, and the overall interior finishes suggest the last renovation was likely 15-25 years ago, falling into the category of needing modern updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Malibu near Pepperdine University and premier shopping, this property offers exceptional convenience and high rental demand.
- Scenic Coastal Views
The unit features a private balcony with breathtaking views of the ocean, mountains, and marshlands, providing a serene coastal atmosphere.
- Dual En-suite Layout
The thoughtfully designed floor plan includes two spacious en-suite bedrooms, offering maximum privacy and flexibility for cohabitation or investment purposes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Association Fees
The monthly HOA fee of $1,100 is relatively high, which may be a deterrent for budget-conscious buyers or impact the overall return on investment.
- Limited Square Footage
At 895 square feet, the living space is somewhat compact for a two-bedroom residence, potentially limiting comfort for those seeking more expansive interiors.
About 23901 Civic Center Way D235
Located in the heart of Central Malibu, this desirable single-level 2-bedroom, 2-bathroom condo offers the ideal blend of comfort, convenience, and coastal living. Situated within the gated Malibu Canyon Village community, this move-in ready residence features a thoughtfully designed open floor plan with two spacious en-suite bedroomsperfect for privacy, cohabitation, or rental flexibility.The bright and airy living room flows seamlessly into the dining area and opens to a private patio/balcony showcasing breathtaking ocean, mountain, and lush marshland views. Tucked away from Pacific Coast Highway, the unit offers a peaceful setting while remaining close to everything Malibu has to offer.Community amenities include a pool with panoramic ocean and mountain views, tennis court, and fitness center. The property also includes two covered, assigned parking spaces, additional storage, and guard-gated security for added peace of mind.Ideally located just minutes from Pepperdine University, Webster Elementary, Our Lady of Malibu School, Malibu Farmers Market, beaches, hiking trails, and Malibu's premier dining and shopping destinations. Convenient access to Calabasas, Agoura Hills, Westlake Village, and Thousand Oaks, including a short drive to Erewhon Market.This property is well-suited as a primary residence, weekend retreat, or investment opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 166,891 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1100.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 895 | 1,272.667 |
| Lot Size | 166,891 | 88,350.5 |
| Price | $825.0K | $1.62M |
| Price per sq ft | $922 | $1.2K |
| Built year | 1972 | 1978 |
| HOA | $1100.0 | $1.1K |
| Days on market | 18 | 83 |
Pricing History
Listed for Sale
Aug 22, 2026
$825,000
Initial Listing
Sold
Jul 27, 2001
$275,000
Public Record