ActiveResidential · sale

11861 Ellice Street D

Malibu, CA 90265

$1,049,000

  • 2 beds
  • 2 baths
  • 928 sq ft
  • 0.02 acres
  • Built 1979

Listed by The ONE Luxury Properties · MLS #226004347

Property photos are not available.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

Imagine watching spectacular sunsets from your living room, relaxing on your private balcony, or taking in the ocean views while cooking dinner in the kitchen.

Year built

Built in 1979.

Garage parking

1 garage spaces listed.

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

THE PROPERTY

Get to know the property.

Wake up to breathtaking ocean views and fall asleep to the sound of the waves. Welcome to your own slice of Malibu paradise! This magical two-story, 2-bedroom, 2-bathroom beach condominium offers the rare opportunity to experience the beauty, peace, and energy of Malibu every day. Imagine watching spectacular sunsets from your living room, relaxing on your private balcony, or taking in the ocean views while cooking dinner in the kitchen. It's a lifestyle that feels like a permanent vacation.Tucked into a coveted coastal pocket of Malibu with an easy, laid-back vibe, this light and bright condo is all about the coastal lifestyle. Just minutes from Leo Carrillo State Beach, Neptune's Net, and some of Malibu's other iconic, famous surf spots, this is an exceptional location for surfers, beach lovers, and anyone looking to escape to the coast. Spend your mornings in the water, your afternoons exploring the coastline, and your evenings taking in unforgettable sunsets.At approximately 928 square feet, this airy and inviting home has been beautifully refreshed with a remodeled kitchen featuring quartz countertops, remodeled bathrooms, newer flooring, tons of storage cabinetry, a downstairs bathroom with shower, fresh paint, newer front windows, updated recessed lighting, and a brand-new washer and dryer. A private back patio off the kitchen creates another peaceful outdoor space for morning coffee or a glass of wine at the end of the day. The home's abundance of natural light enhances its open, comfortable feel, while the quiet and serene setting creates an incredible sense of warmth and magical energy.Enjoy the incredible weather where the Santa Monica Mountains meet the beach and ocean, creating a truly special atmosphere and environment. Surrounded by the natural beauty of the mountains and coastal scenery, you'll enjoy the kind of setting that makes everyday life feel like a getaway.This intimate six-unit condominium community offers the added convenience of a private one-car garage plus one assigned parking space. The HOA covers water, trash, gardening, and the roof, making ownership that much easier.Whether you're looking for your first home, a family getaway, a vacation retreat, a second home away from home, or an investment property, this condo offers incredible flexibility and lifestyle appeal. For the surfer, the beach enthusiast, or anyone who simply dreams of having a place to escape, this is an opportunity to own a special piece of Malibu in a truly sought-after coastal setting.Ocean views. World-class surf. Mountain-to-ocean beauty. Malibu living. Your getaway awaits.
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THE NEIGHBORHOOD

Explore the location.

11861 Ellice Street D, Malibu, CA 90265

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1979
Full baths
2
Half baths
0
Garage spaces
1
Heating
Electric,Radiant
Appliances
Dishwasher,ElectricCooking,Disposal,Microwave,Refrigerator
Flooring
Laminate,Wood
Pool
No
Spa
No
Zoning
R3
Parcel
7000110455
HOA
Ellice By the Sea
HOA amenities
CallForRules,MaintenanceGrounds,PetRestrictions,Trails
HOA fee frequency
Monthly
HOA fee
$300.00

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$4,370.83
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

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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 & interest—Loan 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

See its potential.
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
A more complete plan for your property

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.

YOUR CAREER. YOUR NEXT CHAPTER.

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11861 Ellice Street D, Malibu, CA 90265 · MLS #226004347

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #226004347 · California Regional MLS

Listing brokerage: The ONE Luxury Properties
Listing agent: Stacey Rhoads Forster

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.