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23908 De Ville Way, B, Malibu, CA 90265

$1.85M2bd · 2ba · 1,360 sqft
Lot 117,327 sqft•HOA $1432.04/mo•Condominium•
Active
•12d on market•MLS# 00-26995655

Property Description

Ocean views from every room! Offering a turnkey Malibu investment opportunity in the heart of central Malibu, this beautifully renovated 2-bedroom, 2-bathroom residence combines sophisticated coastal style with effortless living. Upscale finishes and designer furnishings (included in sale) throughout, the home captures breathtaking ocean views from nearly every vantage point. The main level features an open-concept living room, family room, and modern kitchen with stainless steel appliances, complemented by an elegant dining area and cozy fireplace. Step outside onto the expansive balcony and take in sweeping views of the Pacific Ocean, surrounding mountains, and Malibu coastline. The lower level features both the primary and guest bedrooms. The spacious primary suite offers beautiful ocean views, a generous walk-in closet, and luxurious bathroom with dual vanities, walk-in shower, and freestanding soaking tub. The guest bedroom is equally inviting, offering comfort, privacy, and style. Ideally positioned overlooking central Malibu, the residence enjoys direct sight lines toward one of Malibu's most iconic surf breaks. Community amenities include a heated pool, spa, sauna, showers, multiple outdoor seating areas, lush landscaped gardens, and expansive grassy lawns. A nearby walking and bike path provides convenient access to Cross Creek, Malibu Country Mart, and the Lumber Yard. HOA dues include: water, gas, trash, building and grounds maintenance, common area maintenance, master insurance, and earthquake insurance. Located moments from Pepperdine University, Whole Foods, Malibu Pier, Nobu, Soho House, Malibu Canyon, world-class dining, hiking, shopping, and Malibu's renowned beaches. Sale price includes ALL existing luxury furnishings, unless otherwise agreed. Currently income-producing with a tenant in place thru 12/31/2026 at $8,000/month. The residence has previously achieved up to $8,300/month on a long-term basis, while comparable units within the community have generated up to $10,000+/month for short-term rentals. An exceptional opportunity to own a beautifully furnished, income-producing residence in one of Malibu's most desirable central locations.

Features & Amenities

FeeBuilt 1965

Property Details

Land Type
Fee
Year Built
1965
Property Type
Residential
Property Subtype
Condominium
Heating
Wall Furnace, Fireplace(s)
Cooling
Gas
View
Catalina, Coastline, Mountain(s), Ocean, Panoramic, Pool, Water, White Water
Flooring
Wood
City
Malibu
Zip Code
90265
County
Los Angeles
Listed byUnknown Office, Natalie Todd

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$9,354.61
Principal & Interest
Loan Amount
$1,480,000
Total Interest
$1,887,658
Total Payment Over 30 Years
$3,367,658
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

23908 De Ville Way, B, Malibu, CA 90265

Malibu · Condominium

$1.85M
Luxury Tier
Beds
2
Baths
2
Sqft
1,360
Lot
2.69 ac
Year
1965
$/Sqft
$1360
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 22.9% below the median closed sale of $2,400,000. Price per sqft ($1,360) is a 16% discount to closed comps ($1,628). Closed comps sold at 93% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.85M· $1,360/sqft
Total list price
Closed comps
vs closed median $2.40M
−$550K (−22.9%)
Active comps
vs active median $1.40M
+$451K (+32.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,151
+$209 (+18.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
23910 De Ville WayMalibu1965231,470117,361$5$6,95088785
18203 Coastline DriveMalibu1971221,01522,167$1,378$1.40M15371
23908 De Ville WayMalibu1965221,360117,361$1,103$1.50M13270
26664 Seagull WayMalibu197322920188,843$1,053$969,00013565
22548 Pacific Coast HighwayMalibu19631190066,128$2,217$2.00M21565
Total: 5 · Average1.82.01,133102,372$1,151.2$1.17M304.4
Median1,015$1.40M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22548 Pacific Coast HighwayMalibu196306/08/2026221,20066,128$4.00M$3.67M$3,0620.925181
6768 Shearwater LaneMalibu197505/22/2026231,320507,958$2.50M$2.40M$1,8180.962370
22664 Pacific Coast HighwayMalibu198308/27/2026221,48210,723$3.50M$2.92M$1,9720.8412864
6479 Kanan Dume RoadMalibu197506/16/2026221,056127,218$695,000$680,000$6440.982364
6472 Cavalleri RoadMalibu197505/27/2026221,056127,218$699,000$682,500$6460.987864
Total: 5 · Average2.02.21,222.8167,849$2.07M$2.07M$1,628.4—60.6
Median1,200$2.40M$2.40M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.