28711 Pacific Coast Highway 10, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$850,000$1,007/sqft
28711 Pacific Coast Highway 10, Malibu, California 90265
2Beds
2Baths
1,007Sqft
320,273Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prestigious West Malibu Location: Situated in the highly desirable West Malibu area within the Zuma View community, offering an exclusive address and strong market appeal.
Top Cons:
As-Is Trust Sale Condition: Sold as a trust sale and 'priced to reflect condition,' indicating potential for required repairs and upgrades, with limited seller disclosure and a need for thorough buyer due diligence.
Compared to the nearby listings
Price:$850.0K vs avg $1.02M ($-172,500)36%
Size:1,007 sqft vs avg 1,119 sqft41%
Price/sqft:$844 vs avg $99241%
More Insights
Built in 1988 (38 years old).
Condition: Built in 1988, this property is explicitly marketed as a 'value-add opportunity' and 'priced to reflect condition,' indicating significant deferred maintenance. The most prominent issue is the substantial ceiling damage visible in the living/dining area (Image 5), which suggests a need for major repairs. While some updates like bamboo flooring and a tankless water heater are present, the kitchen features dated white appliances and a busy granite countertop, and the main bathroom has an older clawfoot tub with a shower curtain, dated vanity, and a stacked washer/dryer. These elements, combined with the visible damage and the listing's emphasis on renovation potential, point to a property requiring substantial rehabilitation.
Year Built
1988
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$844
HOA
$590
Days on market
-
Sold On
-
MLS number
25629255
Home ConditionPoor
Features
Good View: Courtyard, Ocean, Pool
Patio
ViewCourtyard, Ocean, Pool
About this home
Value-add opportunity in West Malibu within the 30-unit Zuma View community. Priced to reflect condition, this top-row townhome offers ocean views from the primary bedroom, one shared wall, and a location adjacent to the community pool. Bedrooms are upstairs with pitched ceilings and built-in closets, sharing a large bath. Bamboo flooring throughout, fireplace in living room, plus a powder room near entry. Detached two-car garage with built-in storage located directly across the driveway. Property includes tankless water heater and AC system; condition not verified by the trust. Buyer to independently investigate and verify all aspects of the property, including systems and permits. Strong upside for renovation in a desirable West Malibu location. The offer deadline is January 8th at 5:00 PM. This is a trust sale. To look at the property please contact the listing agent via text or mobile phone voice message.
M
Melanie Berlind
Listing Agent
Condition Rating
Poor
Built in 1988, this property is explicitly marketed as a 'value-add opportunity' and 'priced to reflect condition,' indicating significant deferred maintenance. The most prominent issue is the substantial ceiling damage visible in the living/dining area (Image 5), which suggests a need for major repairs. While some updates like bamboo flooring and a tankless water heater are present, the kitchen features dated white appliances and a busy granite countertop, and the main bathroom has an older clawfoot tub with a shower curtain, dated vanity, and a stacked washer/dryer. These elements, combined with the visible damage and the listing's emphasis on renovation potential, point to a property requiring substantial rehabilitation.
Pros & Cons
Pros
Prestigious West Malibu Location: Situated in the highly desirable West Malibu area within the Zuma View community, offering an exclusive address and strong market appeal.
Ocean Views & Community Pool Access: Features ocean views from the primary bedroom and general ocean views, complemented by direct adjacency to the community pool, enhancing lifestyle and value.
Significant Renovation Potential: Explicitly marketed as a 'value-add opportunity' with 'strong upside for renovation,' ideal for buyers seeking to customize and build equity.
Desirable Townhome Features: Benefits from being a top-row unit with only one shared wall, a detached two-car garage with built-in storage, and a cozy fireplace in the living room.
Modern System & Flooring: Equipped with a tankless water heater and bamboo flooring throughout, offering contemporary comforts and energy efficiency.
Cons
As-Is Trust Sale Condition: Sold as a trust sale and 'priced to reflect condition,' indicating potential for required repairs and upgrades, with limited seller disclosure and a need for thorough buyer due diligence.
Unverified System Functionality: While an AC system is present, its condition and that of other critical systems are not verified by the trust, placing the burden of inspection and potential repair costs on the buyer.
Substantial Monthly HOA Fees: A monthly association fee of $590.0 represents a significant ongoing expense that impacts affordability and long-term ownership costs.