The Malibu Real Estate Blog

The Malibu real estate market has some great deals out there if you know where to look. We have a list of 19 properties for sale in Malibu that are on the bank owned / foreclosure list and it’s yours for the taking! Just drop us an email and we’ll send you the list to check out. There are also numerous short sales out there and we can include that too.  The highest priced bank owned home for sale in Malibu is just under $10,000,000 for a buff-top, ocean front estate that has two parcels and steps to a secluded private beach. The lowest  priced Malibu home for sale is $807,900 for a 2 bedroom pad up in the hills. If you are a serious buyer for Malibu real estate, and even better yet, a  serious CASH buyer, we want to talk to you! Anyone who emails will be placed on our priority list and will be updated the second a home hits the foreclosure status. You have to work closely with an agent on these….trust me, the good ones go fast because an agent took note of it months before it ever became bank owned.
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For seriously straight talk about actually buying a home and living in Malibu, call me on my cell at 310 699 8428 anytime 7am to 10pm.

A quick search of the MLS within the Malibu Real Estate market  shows that there are are total of 14 homes for sale that fall within the distressed category. Home range from a $6m beach house on Sea Level to a $399,000 condo at Malibu Villas. The smart investor or opportunist might just want to email me for that list of homes!  Email Me
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A condo has surfaced in the Malibu Villas for $499,000 on the third row. That’s a crazy price and worth having a look at if you are sending some kids to Pepperdine for a few years. I don’t think anyone on the upper rows of Malibu Villas ever thougt they’d see a condo ASK under $500,000. If you’d like to search the Malibu Condo Market click this link.

I’ve seen a few great deals pop up this week and the cash buyers are starting to come out of the wood work. If you want to discuss where the deals are at give me a call. There is a lot more to find out about a home than just asking price. I have the ability to look in to public records and see what is owed against the house, and often have a sense about what the seller or bank is willing to take. Call me and get the low down on the high end.

Here’s a good Malibu Real Estate deal for under $1,000,000. A house up Latigo with over 3000 sq.ft., 4 bedrooms, 3 baths, and a 2 car garage. The home has great canyon views and contemporary architecture. The home is listed for $999,000, down from $1,250,000. Call for a showing. 1 310 6998428

The home is listed with Michael Cunningham of PRapf
So far about 20 people have emailed me requesting info on the above mentioned types of sales within the Malibu Real Estate market. If you are searching for one in Malibu or Topanga, just send an email requesting the list and give me a price range so I can put you on a watch list. There aren’t a ton but I am seeing some good deals pop up. Keep in mind that there are plenty of others out there that have the same idea of jumping on something when it comes up. The last condo closed up almost 10% above asking! So be ready when opportunity knocks!

There are currently 16 properties for sale in this category. There is one beach house at $5.9m and a large, 7200 sq ft home for $3.9m in a gated community with expansive ocean views. There are also a few condos, and some “challenging to build on” pieces of land for sale.
E-mail Me!

Check out past articles on Reo, Bank Owned, Short Pays.

So far about 20 people have emailed me requesting info on the above mentioned types of sales within the Malibu Real Estate market. If you are searching for one in Malibu or Topanga, just send an email requesting the list and give me a price range so I can put you on a watch list. There aren’t a ton but I am seeing some good deals pop up. Keep in mind that there are plenty of others out there that have the same idea of jumping on something when it comes up. The last condo closed up almost 10% above asking! So be ready when opportunity knocks!

There are currently 16 properties for sale in this category. There is one beach house at $5.9m and a large, 7200 sq ft home for $3.9m in a gated community with expansive ocean views. There are also a few condos, and some “challenging to build on” pieces of land for sale.
E-mail Me!

Check out past articles on Reo, Bank Owned, Short Pays.

Article 1
Article 2

Update! Unit went in to multiple offers right away. Beach Key and Whitewater views are hard to resist at that price! I will publish the final closing price when it comes out. Be ready to pounce on the next great deal!

A new listing has hit the Malibu Real Estate condo market this week and if it closes at anything near its asking price, other sellers may need to rethink their asking price. The 2 bedroom condo on Heathercliff was originally purchased in 2006 for $850,000 and has been listed this week for $427,900. Yes, almost a half-off sale and likely to upset many nearby condo owners when it becomes a comp. I showed the property this morning. It was surprisingly clean and had white water views of Zuma beach. Good enough views that your surfing buddies will be calling to get the early morning swell report from you. Other bonuses include a beach key, walking distance to Lilys Burrito Shop, Pavillions, and Zuma Beach. The unit is bank owned and likely to sell fast. Call for more info 310 699 8428

Listed with Robert Glinert Coldwell Banker

First off, Sea Level is a great beach. It is located just up from Broad Beach and has a cool, mini-community vibe to it. Residents leave kayaks and surfboards on the sand without any worry about someone stealing them. The 4th of July party there is huge and the beach is in better shape than Broad Beach right now. This could go out at a good price and is worth seeing if you are in the real estate market for a beach house in Malibu. Places like this also rent out for top dollar in the summer months. Listed at $5,950,000.

From the MLS
BEACH FRONT LIVING- LIGHT, BRIGHT AND A THIRD LEVEL DEN THAT OPENS TO VERY LARGE SUN DECK. GREAT MASTER SUITE ON THE WATER. GATED COMMUNITY. SELLER HAS CA. REAL ESTATE LICENSE. SHORT PAY SUBJECT TO SELLER HAVING LOANS ACCEPTABLE TO SELLER.

Check out this article if you want to be on my priority list for distressed listings in Malibu.

Listed with Bill Mason / Malibu Surf Realty

New update. There are at least a dozen properties for sale in the Malibu Real Estate market ranging from $500k to $5m in various stages of distress. Easy to email and we had a dozen request this week to be on the priority list. Just drop me an email and your price range and you’ll get the list.I won’t bug you and you can call me when you’re ready to see something. I’ll also sign you up for a Malibu watch list that will email you new listings when they get price reductions AND disclose if they are in short pay, foreclosure, reo, or bank owned state.

A lot of you are searching for these things so tomorrow morning I’ll an update on what’s available. Get your cash ready because there is going to be a bit of action as summer approaches! Email if you want to be on my priority list where Ill be firing out email blasts the second I hear about a distressed property.

Here’s two quick teasers.
1944 CORRAL CANYON RD MALIBU, CA 90265
MLS description…

BANK OWNED FORECLOSURE. CHARMING 1BED/1BATH HOME IN THE CANYON OF MALIBU! HW, TILE, & CARPET. KITCHEN APPLIANCES. BIG GARAGE. VIEWS FROM MANY ANGELS! INFO HEREIN IS NOT VERIFIED BY AGENT. BUYER TO VERIFY ALL INFO. & RELY ON THEIR FINDINGS. ALL OFFERS MUST BE SUBMITTED ON CAR FORM W/PRE-APPROVAL (NOT PRE-QUAL), COPY OF EARNEST MONEY CHECK +PROOF OF FUNDS (IF CASH OFFER) & AGENCY DISCLOSURE. FOR A GUARANTEE RECEIPT OF YOUR OFFER PLEASE CHECK OUR PRVT. REMARKS FOR FAX COVER & FAXING INSTRUCTIONS.

1 bedroom 1 bath $589,000!!!!! Small house but at a condo price,… who cares!

Listed with Joyce Essex CB

11770 PACIFIC COAST HWY #T MALIBU, CA 90265

MLS description…
BEAUTIFUL 2 STORY FEE SIMPLE AT THE POPULAR COUNTY LINE SURFERS’ PARADISE! 3 BEDROOM, 3 FULL BATH + MEDIA ROOM/OFFICE. BRIGHT KITCHEN WITH GRANITE COUNTERTOPS & NEW S/S APPLIANCES. SEPARATE LAUNDRY & STORAGE ROOM. ATTACHED 2 CAR GARAGE, EXTRA GUEST PARKING. PADDEL TENNIS & HALF COURT BASKETBALL COURT. VERY LIGHT, SPACIOUS, COZY. BEACHFRONT WHALERS VILLAGE GATED COMMUNITY. SUBJECT TO SELLER’S LENDER APPROVAL PER SHORT PAY OFF. FRESH EXTERIOR PAINT IN ENTIRE COMPLEX. PERFECT INTERIOR CONDITION.

3 bedroom 3 bath$999,000

Listed with Tiffany L Wortinger

Here are the best deals in Malibu right now.  Call for showings and the “Low Down”. 310 699 8428 

31636 Sea Level Drive  A BEACH HOUSE!  $5,950,000 Near Broad Beach

BEACH FRONT LIVING- LIGHT, BRIGHT and a THIRD LEVEL DEN THAT OPENS TO VERY LARGE SUN DECK. GREAT MASTER SUITE ON THE WATER. GATED COMMUNITY. Seller has Ca. Real Estate License. SHORT PAY SUBJECT TO SELLER HAVING LOANS ACCEPTABLE TO SELLER.

Listed with Bill Mason Malibu Surf

  4134 MAGUIRE DR , MALIBU 90265  $1,099,000

REO/BANK OWNED FORECLOSURE!!! EXCELLENT, PRIVATE LOCATION IN THE HILLS OF MALIBU, JUST MINUTES TO PCH & THE BEACH. NEWER BUILT CONSTRUCTION W/LARGE ROOMS, OPEN FLOOR PLAN & HIGH CEILINGS. SPECTACULAR CANYON, MOUNTAIN, & PEEK-A-BOO OCEAN VIEWS FROM NEARLY ALL ROOMS & BALCONIES. LUXURIOUS MASTER SUITE W/FIREPLACE, PVT. BALCONY, DUAL VANITIES, LARGE WALK-IN CLOSET, & A LIMESTONE BATH W/SEPARATE STALL SHOWER & SPA TUB. ALL BEDROOMS EN-SUITE W/EUROPEAN STYLE BATHS. SPACIOUS COOKS KITCHEN & MUCH MORE

Listed with Philip Boroda Coldwell banker

  6115 PASEO CANYON DR , MALIBU 90265 $1,625,000  

Totally redone home in prime Malibu West location. Finest materials throughout with magical yard located on natural creek. Short pay, subject to bank approval. Deeded beach club and tennis court rights. Seller has California Real Estate License. 21549 PACIFIC COAST

Listed with Steve Karsh Malibu Surf

21549 PCH , MALIBU 90265  $1,399,000

La Costa beach landside ocean view home with 3 bedrooms & 2 baths. Open living room off of kitchen. Updated kitchen with granite counter tops and hardwood floors throughout. Wood beamed ceilings in family room. French doors throughout. Large private backyard with palm trees and lushly landscaped. Terrace & gardens with lots of entertaining decks. Large sun deck overlooking ocean. Home needs TLC. Walled and gated with La Costa beach rights. This is subject to a short pay -see private remarks

Listed with Irene Dazzan-Palmer Coldwell banker

  1944 CORRAL CANYON RD , MALIBU 90265 $614,900  

Bank owned foreclosure. Charming 1bed/1bath home in the canyon of Malibu! HW, tile, & carpet. Kitchen appliances. Big garage. Views from many angels! Info herein is not verified by agent. Buyer to verify all info. & rely on their findings. All offers must be submitted on CAR form w/pre-approval (NOT pre-qual), copy of earnest money check +proof of funds (if cash offer) & agency disclosure. For a guarantee receipt of your offer please check our prvt. remarks for fax cover & faxing instructions.

Listed with Joyce Essex Coldwell Banker

   2315 LIVE OAK MEADOWS RD , MALIBU 90265 $1,449,000

 Lender owned. REO. Reduced for immediate sale. You saw it on CBS series “Shark” (exterior shots). Striking home on almost an acre of land with outdoor patio kitchen, gas fire pit, and room for a pool. Assessor states 3 bedrooms, but most likely use is as 2 bedroom. Open floor plan with gourmet kitchen. Cannot last at with this price reduction. Must be seen. Listed with Joan Shultz/Dilbeck

Back to the current articles

I have had an overwhelming response after this house first appeared in my blog and then in the LA Times. I have scheduled several showings between now and New Years Day and will show it anytime. Get on this because it’s a great house and the bank will want to move it. Call 310 699 8428

Just got back from a showing. Here is the Low Down…..
The home is located up Las Flores Canyon roughly 2.3 miles. See Google Map
There is ocean view. Not Huge, just a wedge, but there.
Is it a fire zone? Yes, but I would say that about 95% of Malibu.
It is on the Eastern or Southern end of Malibu.
Apprx 2002 sq.ft.
About 20 minutes to Santa Monica.
The landscaping is great and most of the property has been used for grass, hardscapes, bbq area, fruit trees, etc.
The house is three levels. Top is master bedroom, mid is kitchen and den, bottom is another bedroom.
There are two driveways.
Not an ideal starter/ family home but great for older couple/work at home/single types.

Price is $1,599,000. Check out the MLS description below. Call 310 699 8428 for more info.
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LENDER OWNED. REO. YOU SAW IT ON CBS SERIES “SHARK” (EXTERIOR SHOTS). STRIKING HOME ON ALMOST AN ACRE OF LAND WITH OUTDOOR PATIO KITCHEN, GAS FIRE PIT, AND ROOM FOR A POOL. ASSESSOR STATES 3 BEDROOMS, BUT MOST LIKELY USE IS AS 2 BEDROOM. OPEN FLOOR PLAN WITH GOURMET KITCHEN. CANNOT LAST AT THIS PRICE. MUST BE SEEN. SEE PRIVATE REMARKS BEFORE CALLING.

I got a lot of calls today regarding this property. It is available for showings. Check out the Google Map below.

View Larger Map

Malibu REO

Malibu REO

Call for a showing 310 699 8428
Listed with Joan Shultz Dilbeck Realtors

Click Here to go to the most current REO, Bank Owned, Short Sale update!

Every day I take a look at what key words the public is sticking in to the search engines and how they arrive at my site. Many of you are typing in the above keywords along with “Malibu” hoping to find some info. I can make it much simpler for you!
First you should subscribe to this blog (see below for details on how). Where else are you going to learn about agents posing in Playgirl or houses with 12 price reductions? Second, if you send me an email or call me, I give you the low down on where the deals are at. If you email just send a request with what you are interested in and I’ll get it to you. The link above is your best way to search for foreclosures and bank owned Malibu homes.

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Here is a great contemporary home for sale in Malibu that is an REO. Price is $1,599,000.  Check out the MLS description below. Call 310 699 8428 for more info.
If you enjoy information about Malibu Real Estate subscribe to my RSS feed!

LENDER OWNED. REO. YOU SAW IT ON CBS SERIES “SHARK” (EXTERIOR SHOTS). STRIKING HOME ON ALMOST AN ACRE OF LAND WITH OUTDOOR PATIO KITCHEN, GAS FIRE PIT, AND ROOM FOR A POOL. ASSESSOR STATES 3 BEDROOMS, BUT MOST LIKELY USE IS AS 2 BEDROOM. OPEN FLOOR PLAN WITH GOURMET KITCHEN. CANNOT LAST AT THIS PRICE. MUST BE SEEN. SEE PRIVATE REMARKS BEFORE CALLING.

I got a lot of calls today regarding this property. It is available for showings. Check out the Google Map below.

View Larger Map

Malibu REO

Malibu REO

Call for a showing 310 699 8428
Listed with Joan Shultz  Dilbeck Realtors