Malibu West Real Estate
Malibu West Real Estate Comparative Market Analysis (CMA)
Malibu West is a planned community just inland from Trancas Canyon and Broad Beach Road, that was originally developed in the 1960’s. There were originally 4 floor plans (some were reversed but otherwise identical). The development didn’t do well initially, so the developers started including a 1965 Mustang in the garage of each of the original homes they sold. Things have come an awfully long way since then, and Malibu West is now one of the most desirable neighborhoods in Malibu, especially for young families. There are many things that we love about Malibu West: the community vibe, the kids riding their skateboards and bikes, the close proximity of Vintage Grocers, a Starbucks, a restaurant, a fresh juice bar…. and to top it all off, the beach club. Our family owns two properties in Malibu West and feel they have both been amazing investments. We like it so much we had our wedding reception at the Malibu West Beach Club. Fees are drastically reduced for owners to rent out this beach front facility. It seats over 150 people for dinner. It is such a luxury to have gated, beach front parking, bathrooms, showers, changing rooms on the beach, and private facilities, when you own a Malibu West home! The beach club sits just to the south/east of Broad Beach Road, and just west/north of Zuma Beach. The neighboring homes are valued between $10 and $20 million dollars.
We currently have 30661 La Sanora listed for sale in Malibu West. We obviously believe in this community, as we own here personally, and will hold on to these properties long term, as they generate a decent income, have proven to be great investments, and are within an amazing community to live in. If you like the beach, and are looking to buy a home between $1.5 and $2.2 million in Malibu, Malibu West is one the the best communities for you. In this price range in Malibu, you will see that most of the other homes listed are far up canyons, and are much further from the beach and all of the above mentioned amenities. Prices have come down in the last few years in Malibu West, and it is a great time to buy or invest now! Take a look at the Malibu West Real Estate For Sale 10/2/14.