
Malibu, California 90265
This Central Malibu Condominium is listed at $750,000, offering a market-aligned opportunity in a high-demand coastal enclave near its $715,359 Fair Market Value. Holding a Condition Rating of 4, the unit features a functional layout with a partially obstructed Ocean View and requires only minor cosmetic updates to modernize the interior and maximize value. The gated community provides Resort-Style Amenities, including a pool and tennis courts, located just minutes from Pepperdine University. This property serves as a stable asset for Buy-and-Hold Investors or Owner-Occupants looking for a manageable Malibu retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23901 Civic Center Way D238 Subject | $750,000* List Price | 2 | 2 | 895 | $799 | - |
A 23901 Civic Center Way 262 Sold | $745,000 | 2 | 2 | 895 | $832 | - |
B 23901 Civic Center Way 237 Sold | $725,000 | 2 | 2 | 895 | $810 | - |
C 23901 Civic Center Way 122 Active | $929,000 List Price | 2 | 2 | 992 | $936 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this condo shows signs of an older renovation, likely 15-30 years ago. The kitchen features dated light wood cabinets, speckled granite countertops, white appliances (except for a newer stainless steel fridge), and a very dated Tiffany-style light fixture. Bathrooms have similar older wood vanities, speckled granite, and dated light fixtures. Popcorn ceilings are present throughout. While the laminate flooring is a more recent update and the property appears clean and well-maintained, the overall style and age of key components like the kitchen and bathrooms indicate it requires minor updates to modernize.
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.
Located in the heart of central Malibu, this desirable single-level condo offers the perfect blend of comfort, convenience, and resort-style living. The thoughtfully designed floor plan features two spacious bedroom suites, a welcoming living room that flows seamlessly into the dining area, and a generous patio where you can relax and take in the ocean views. The gated complex is rich with amenities, including a heated pool with breathtaking ocean and mountain vistas, a fully equipped fitness center, and tennis courts. Two covered parking spaces and 24-hour guard security add to the ease and peace of mind. Ideally situated just moments from Malibu's best restaurants, shopping, markets, and scenic hikes, and only minutes to Pepperdine University. This home is perfect as a full-time residence, weekend getaway, or investment opportunity. Pictures that are furnished are virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 895 | 1,050 | 25% |
| Lot Size | 166,891 | 147,054.5 | 50% |
| Price | $750.0K | $1.04M | 20% |
| Price per sq ft | $838 | $857 | 45% |
| Built year | 1972 | 1973 | 35% |
| HOA | $892.09 | $1.0K | 30% |
| Days on market | 84 | 224 | 15% |
Jan 29, 2026
$750,000
Initial Listing
Jun 29, 2004
$520,000
Public Record
May 31, 2001
$270,000
Public Record