23901 Civic Center Way D238, Malibu, California 90265, Malibu, 90265 - 2 bed, 2 bath

23901 Civic Center Way D238, Malibu, California 90265 home-pic-0
ACTIVE$750,000
23901 Civic Center Way D238, Malibu, California 90265
2Beds
2Baths
895Sqft
166,891Lot
Year Built
1972
Close
-
List price
$750K
Original List price
$770K
Price/Sqft
$838
HOA
$892.09
Days on market
-
Sold On
-
MLS number
25594547
Home ConditionPoor
Features
Good View: Ocean
Deck
ViewOcean

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(26th), sqft - 895(26th), beds - 2(50th), baths - 2(50th).

Located in the heart of central Malibu, this desirable single-level condo offers the perfect blend of comfort, convenience, and resort-style living. The thoughtfully designed floor plan features two spacious bedroom suites, a welcoming living room that flows seamlessly into the dining area, and a generous patio where you can relax and take in the ocean views. The gated complex is rich with amenities, including a heated pool with breathtaking ocean and mountain vistas, a fully equipped fitness center, and tennis courts. Two covered parking spaces and 24-hour guard security add to the ease and peace of mind. Ideally situated just moments from Malibu's best restaurants, shopping, markets, and scenic hikes, and only minutes to Pepperdine University. This home is perfect as a full-time residence, weekend getaway, or investment opportunity.

Price History

Date
Event
Price
11/14/25
Price Change
$750,000-2.6%
09/18/25
Listing
$770,000
06/29/04
Sold
$520,000
05/31/01
Sold
$270,000
Condition Rating
Poor

Built in 1972, this property is over 50 years old. While clean and functional, the interior is significantly dated. The kitchen features older white appliances, dated light wood cabinets, and dark granite countertops/backsplash. Bathrooms also show dated vanities and fixtures. Popcorn ceilings are present throughout, and the flooring, while clean, is not modern. The property requires substantial rehabilitation and modernization in key areas like the kitchen and bathrooms to meet current quality standards and buyer expectations.
Pros & Cons

Pros

Exceptional Malibu Location: Situated in the heart of central Malibu, offering immediate access to premium dining, shopping, markets, scenic hikes, and Pepperdine University.
Comprehensive Resort-Style Amenities: The gated complex provides a heated pool with ocean/mountain vistas, a fully equipped fitness center, and tennis courts, enhancing the living experience.
Desirable Ocean Views & Private Patio: Features a generous patio with captivating ocean views, providing a serene outdoor space for relaxation.
Enhanced Security & Parking: Benefits from 24-hour guard security and two dedicated covered parking spaces, ensuring peace of mind and convenience.
Versatile & Accessible Living: A single-level floor plan makes it suitable for various buyers (full-time, weekend, investment) and offers easy accessibility.

Cons

Substantial Monthly Association Fees: The high monthly association fee of $892.09 adds a significant recurring cost to ownership.
Age of Construction: Built in 1972, the property is over 50 years old, which may imply a need for potential updates or maintenance to modern standards.
Modest Square Footage & Price Adjustment: At 895 sqft, the living space is relatively compact for the Malibu market, and a recent price reduction suggests potential market resistance or initial overpricing.

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