ActiveResidential · sale

6734 Zumirez Drive

Malibu, CA 90265

$19,450,000

  • 2 beds
  • 1 baths
  • 1,392 sq ft
  • 1.34 acres
  • Built 1949

Listed by Compass · MLS #26857769

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1949.

Property size

1.34 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

At 6734 Zumirez the most valuable investment has already been made time Nearly a decade in the making the vision for this new residence has advanced through architecture engineering environmental studies California Coastal Commission approvals CDP Permit No 20068 city planning and countless refinements transforming years of complexity uncertainty and investment into a singular opportunity The project is in the final approval stage with the City of Malibu building department and construction is tentatively scheduled to begin in the fall While that work quietly unfolded the property remained exactly what Point Dume has always been an authentic coastal retreat that you can enjoy from day one Before the building begins and the architecture evolves the property is already a place to live gather and experience everything that has made Point Dume one of Malibus most treasured enclaves The beautifully restored 1949 cottage offers two bedrooms one bath and expansive ocean views from nearly every room Filled with natural light and opening to generous decks overlooking the Pacific it captures the quiet simplicity that first defined coastal Malibu The existing home is warm inviting and effortlessly livable a place to spend weekends by the beach gather family and friends and embrace the slower rhythm that has defined this stretch of coastline for generations Enjoy it exactly as it exists today or begin creating the future estate when the time is right The difficult partthe years spent navigating approvals revisions and entitlements has already been accomplished The architecture can be built The investment can be made But the years required to arrive here cannot be bought The CDP approved new residence consists of approximately 7303 square feet an additional 986 square foot basement 5 bedrooms 55 bathrooms 50 foot oceanside pool and jacuzzi movie theatre spa facilities with massage room cold plunge dry sauna and steam shower a separate guest retreat with an additional bedroom and bathroom private jacuzzi and tranquil garden space Warm and natural materials are planned for the construction with every wall every proportion every transition and every framed view thoughtfully refined Nothing was incidental Every decision served a singular purpose to create a residence whose architecture feels as relevant decades from now as it does today Every decision was ultimately guided by one simple belief Architecture should not compete with nature It should reveal it While many Malibu homes are designed to admire the ocean from afar the new residence is designed to live with it where the coastline becomes an extension of home A private pathway leads directly from the property to the sand allowing you to leave home and arrive at the beach in momentsthis way of living becomes a natural extension of your everyday routine Included with the property is also ownership in the highly coveted Malibu Riviera One a private beachfront parcel owned collectively by Zumirez homeowners Beyond its privacy and exclusivity it transforms a day at the beach into an effortless experience being the only gate in Point Dume with driveup access parking just steps from the sand The true luxury isnt simply private ownership its removing the effort between home and the ocean Together the private pathway directly from the home itself and ownership of Malibu Riviera One create an experience found on only a select handful of Point Dume properties

THE NEIGHBORHOOD

Explore the location.

6734 Zumirez Drive, Malibu, CA 90265

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1949
Full baths
1
Half baths
0
Heating
Central
Appliances
Dishwasher,GasOven,Range,Refrigerator
Pool features
Permits
Spa
Yes
Zoning
LCRA1*
Parcel
4466002001

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$81,041.67
Cap rate

Annual operating income:

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
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LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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6734 Zumirez Drive, Malibu, CA 90265 · MLS #26857769

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Listing information

MLS #26857769 · California Regional MLS

Listing brokerage: Compass
Listing agent: Christopher Cortazzo

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.