6435 Zumirez Drive 21, Malibu, California 90265, Malibu, 90265 - 3 bed, 3 bath
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6435 Zumirez Drive 21
Malibu, California 90265
ACTIVE
CONDITION: FAIR
3Beds
3Baths
2,265Sq Ft
141,507Lot Size
Property Price
LIST PRICE$1,795,000
EST. MARKET VALUE
$1,585,658
13% AboveMARKET VALUE
SUMMARY
This Portico Condominium represents a High-Potential Investment Opportunity, listed at $1,795,000—positioned well above the $1,585,659 Fair Market Value by -13%. While currently priced above market, the property features a Condition Rating of 4, offering a solid foundation for cosmetic updates. Highlights include oversized patios, wrap-around balconies, and a versatile primary retreat. Located in the Santa Monica-Malibu Unified district, this end-unit provides privacy and mountain views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable Malibu lifestyle.
Estimated Market Value
$1,585,658
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 |
|---|---|---|---|---|---|---|
★ 6435 Zumirez Drive 21 Subject | $1,795,000* List Price | 3 | 3 | 2,265 | $700 | - |
A 6451 Zuma View Sold | $1,500,000 | 3 | 3 | 2,123 | $707 | 0.1 mi |
B 6483 Zuma View Place 106 Active | $1,399,000 List Price | 2 | 3 | 1,562 | $896 | 0.1 mi |
* 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 1990 (34 years old) with renovations that appear to be approximately 20 years old. While the home is well-maintained and move-in ready, the kitchen and bathrooms feature dated white raised-panel cabinetry and older stone finishes that would benefit from modern updates to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Premium End-Unit Location
As the developer's choice, this end unit offers superior privacy and a quiet setting tucked away from Pacific Coast Highway noise within the Portico complex.
- Expansive Outdoor Living
The property features oversized patios and wrap-around balconies, providing exceptional space for outdoor entertaining and enjoying the surrounding mountain views.
- Versatile Primary Retreat
The spacious top-level primary suite includes a flexible area perfect for a home office, studio, or nursery, catering to modern lifestyle needs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =141507, other record lot size in square feet = 141878. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly HOA fee of $1,570 represents a significant recurring carrying cost that may impact the property's overall affordability for some buyers.
- Market Stagnation
With 90 days on the market and a recent $155,000 price reduction, the property may be facing challenges in aligning with current buyer value expectations.
About 6435 Zumirez Drive 21
Welcome to Portico, Malibu! This 3 bed/2.5 bath was the developer's choice! It's an end unit located in a quiet section of the complex that is tucked away from PCH. There are oversized patios and wrap around balconies- perfect for entertaining! The top level has a large primary retreat, part of which can be used as an office/studio/nursery. Beautiful mountain views from the north side. Easy access to the 101 through Kanan Dume Rd. and less than 5 minutes to the Point Dume Village where new and longstanding shops and eateries abound!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 141,507 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1570.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.2 |
| Square foot | 2,265 | 1,272.667 |
| Lot Size | 141,507 | 88,350.5 |
| Price | $1.79M | $1.62M |
| Price per sq ft | $792 | $1.2K |
| Built year | 1990 | 1978 |
| HOA | $1570.0 | $1.1K |
| Days on market | 94 | 83 |
Pricing History
Listed for Sale
Jul 24, 2026
$1,795,000
$1,950,000
-8% Price Drop
Initial Listing
Price Change
Jun 7, 2026
$1,950,000
Initial Listing
Sold
Aug 26, 2024
$1,470,000
Public Record
Sold
Aug 4, 1995
$410,000
Public Record