3065 S S Foose Rd · Malibu, CA 90265

$1,875,000

4 bd · 4.0 ba · 2,200 sqft · SingleFamily · 65 Days on market

Built 2024 Good condition 0.97 ac lot $852/sqft · at area comps Est $1904k · at est. ↓ 47% since listing

---

Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +18.0/30.0
• ARV discount +8.2/15.0
• Schools +6.2/10.0
• DSCR +5.7/10.0
• Appreciation +5.3/10.0
• 1% rule +4.8/10.0
• Condition / age +4.0/5.0
• Livability +2.7/5.0
• Rent growth +1.7/5.0

Listing remarks MLS

Nestled on approximately one acre of beautifully landscaped grounds with SWEEPING OCEAN VIEWS, this exceptional PRIVATE, TWO-HOME property offers a rare opportunity to experience the very best of Malibu living. The newly constructed main residence features 3 bedrooms and 2 bathrooms, thoughtfully designed with an open-concept layout and dramatic floor-to-ceiling windows that fill the home with natural light while framing panoramic views of the Pacific Ocean and the surrounding Charmlee Wilderness mountains. The stylish kitchen is equipped with brand-new appliances, sleek countertops, and an inviting breakfast bar, perfect for both everyday living and entertaining. Each bedroom enjoys serene ocean and mountain vistas, creating a true sense of a retreat. Complementing the main home is a detached, two-story guest house with 1 bedroom and 2 bathrooms, offering exceptional versatility. Ideal for hosting guests, creating a private office, or generating rental income, this charming space provides comfort, privacy, and its own breathtaking sunrise and sunset views. Designed for seamless indoor-outdoor living, the expansive grounds feature a sun-drenched patio and spacious dining area, perfect for entertaining or simply relaxing while taking in the stunning natural surroundings. The property also offers ample parking, direct access to hiking and biking trails, and room for gardens or further customization. Located adjacent to Charmlee Wilderness Park and just minutes from Zuma Beach, local markets, and shops, with convenient access to Westlake Village. As a bonus, this private estate lies within the highly sought-after Malibu School District. A rare offering that combines luxury, flexibility, and tranquility. Enjoy Malibu living at its finest!

Key facts

• Panoramic views
• Brand-new appliances
• Private property

Tags

• PRIVATE PROPERTY
• NEWLY CONSTRUCTED RESIDENCE
• OPEN-CONCEPT LAYOUT
• FLOOR-TO-CEILING WINDOWS
• PANORAMIC VIEWS
• BRAND-NEW APPLIANCES

What this means for you Summary

Snapshot

• This is a 4-bed/4.0-bath single-family listed at $1.88M. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $1.85M (1.6% below list).
• Recommended offer: $1.76M (6.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 0.7% in Malibu — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 53/100 on livability (#979 in CA) — a working-class tenant base; expect higher turnover. Strengths: employment A+, schools B; Watch: housing C-, crime F, amenities F.
• Santa Monica-Malibu Unified (urban): math 61% / reading 74% proficiency, ranked #123 of 1,400 in CA (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents falling (-3.4%/yr); 636 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $18,458/mo this rent would consume 113% of the median local household income ($197k/yr) (locally 420% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $25k of equity ($13k loan paydown + $12k appreciation (0.6% local appreciation)).
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• By year 5, paydown + projected appreciation supports a ~$120k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($1.76M) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 2y ago; this cycle's ask is 25942% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,762,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.98% ✗
• Cap rate: 7.33%
• Cash-on-cash: 3.71%
• DSCR: 1.17
• GRM: 8.5

CMA / ARV

• ARV (median comp): $1,904,280
• List price: $1,875,000
• Delta: -1.54%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Projected returns pro-forma

0.62% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 2.0%
• Equity multiple: 1.10×
• Total profit: $49,910
• Equity at exit: $603,091

10-year hold

• IRR: 4.9%
• Equity multiple: 1.53×
• Total profit: $278,704
• Equity at exit: $773,577

Cash invested: $525,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 90265

• Home prices YoY: 0.1%
• Rents YoY: -3.4%
• Active inventory: 636
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $18,458 medium
• Mortgage (P&I): −$9,833
• Tax est. 1.5%: −$2,344 /mo · $28,125/yr
• Insurance: −$781
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,876
• Net cashflow: $1,624

Break-even live

Break-even rent $16,402

Max offer price $1,875,000

Occupancy floor 86%

Sensitivity live

Price	-10% $2,920	-5% $2,272	+0% $1,624	+5% $976	+10% $328
Rent	-10% $166	-5% $895	+0% $1,624	+5% $2,353	+10% $3,082
Rate	-1.0pp $2,568	-0.5pp $2,101	base $1,624	+0.5pp $1,138	+1.0pp $644

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $468,750
• Closing costs: $56,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
33064 Decker School Rd Malibu, CA	3.0	2.0	2300	$10,850	$4.72	3d	1	0.65mi
33310 Hassted Dr Malibu, CA	3.0	2.0	2570	$13,500	$5.25	45d	1	1.26mi

Listing history 29 events

1. 2026-06-21
   days on market $1,875,000 Active 65 DOM
2. 2026-06-18
   days on market $1,875,000 Active 62 DOM
3. 2026-06-17
   days on market $1,875,000 Active 61 DOM
4. 2026-06-16
   days on market $1,875,000 Active 60 DOM
5. 2026-06-15
   days on market $1,875,000 Active 59 DOM
6. 2026-06-13
   days on market $1,875,000 Active 57 DOM
7. 2026-06-13
   days on market $1,875,000 Active 56 DOM
8. 2026-06-09
   days on market $1,875,000 Active 53 DOM
9. 2026-06-08
   days on market $1,875,000 Active 52 DOM
10. 2026-06-07
    days on market $1,875,000 Active 51 DOM
11. 2026-06-04
    pricedays on market $1,875,000 Active 48 DOM
12. 2026-06-03
    days on market $1,995,000 Active 47 DOM
13. 2026-06-02
    days on market $1,995,000 Active 46 DOM
14. 2026-06-01
    days on market $1,995,000 Active 45 DOM
15. 2026-05-31
    days on market $1,995,000 Active 44 DOM
16. 2026-04-23
    historical $7,200
17. 2026-04-19
    listed $7,200
18. 2026-04-17
    listed $1,995,000 Active 1766-char remark

    Show marketing remark (1766 chars)

    Nestled on approximately one acre of beautifully landscaped grounds with SWEEPING OCEAN VIEWS, this exceptional PRIVATE, TWO-HOME property offers a rare opportunity to experience the very best of Malibu living. The newly constructed main residence features 3 bedrooms and 2 bathrooms, thoughtfully designed with an open-concept layout and dramatic floor-to-ceiling windows that fill the home with natural light while framing panoramic views of the Pacific Ocean and the surrounding Charmlee Wilderness mountains. The stylish kitchen is equipped with brand-new appliances, sleek countertops, and an inviting breakfast bar, perfect for both everyday living and entertaining. Each bedroom enjoys serene ocean and mountain vistas, creating a true sense of a retreat. Complementing the main home is a detached, two-story guest house with 1 bedroom and 2 bathrooms, offering exceptional versatility. Ideal for hosting guests, creating a private office, or generating rental income, this charming space provides comfort, privacy, and its own breathtaking sunrise and sunset views. Designed for seamless indoor-outdoor living, the expansive grounds feature a sun-drenched patio and spacious dining area, perfect for entertaining or simply relaxing while taking in the stunning natural surroundings. The property also offers ample parking, direct access to hiking and biking trails, and room for gardens or further customization. Located adjacent to Charmlee Wilderness Park and just minutes from Zuma Beach, local markets, and shops, with convenient access to Westlake Village. As a bonus, this private estate lies within the highly sought-after Malibu School District. A rare offering that combines luxury, flexibility, and tranquility. Enjoy Malibu living at its finest!

19. 2025-04-15
    historical $6,800
20. 2025-03-07
    listed $6,800
21. 2025-02-28
    historical $6,800
22. 2025-02-25
    listed $6,800
23. 2025-02-24
    historical $6,800
24. 2025-01-25
    listed $6,800
25. 2025-01-24
    historical $10,000
26. 2025-01-24
    listed Active
27. 2024-11-27
    price $10,000
28. 2024-11-15
    listed Active
29. 2024-10-01
    listed $13,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥85°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $221,497
• − Mortgage interest: −$105,029
• − Property taxes: −$28,125
• − Insurance: −$9,375
• − Repairs & maintenance: −$17,720
• − Management: −$17,720
• − Depreciation: −$54,545
• Taxable loss: −$11,017
• Est. tax savings @ 24.0%: +$2,644
• After-tax cash flow: $22,134/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This property offers a stunning ocean view and a well-maintained, modern home with a good condition score. It is ready for a potential buyer or renter with minor updates that can further enhance its value.

Value-add opportunities

• Both Landscaping improvements — Enhances curb appeal and adds to the natural beauty of the property.
• Both Painting exterior walls — Fresh paint can improve the home's curb appeal and value.
• Both Upgrade to outdoor lighting — Modern outdoor lighting can enhance safety and curb appeal.
• Both Add privacy fencing — Privacy fencing can increase the property's value and provide a more private living space.
• Both Install smart home technology — Smart home technology can increase the property's value and provide convenience for potential buyers or renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping improvements — Enhances curb appeal and adds to the natural beauty of the property. ↑
• Both Painting exterior walls — Fresh paint can improve the home's curb appeal and value. ↑
• Both Upgrade to outdoor lighting — Modern outdoor lighting can enhance safety and curb appeal. ↑
• Both Add privacy fencing — Privacy fencing can increase the property's value and provide a more private living space. ↑
• Both Install smart home technology — Smart home technology can increase the property's value and provide convenience for potential buyers or renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Santa Monica-Malibu Unified
• NCES district ID: 0635700
• Math proficiency: 61% ▬ 0.00%
• Reading proficiency: 74% ▬ 0.00%
• Median HH income: $81,489
• Composite: 61.58/100
• National rank: #1535
• State rank: #123 of 1400 in CA

Livability — Malibu

• Score: 53/100
• State rank: #979
• US rank: #24630

Category grades

Amenities F Commute F Cost of living F Crime F Employment A+ Housing C- Health & safety C+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Los Angeles County · 9,444,647 people
• City population: 15,918
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 15,918
• Household income: $196,742
• Rent vs Own: 21.5% rent · 78.5% own
• Severe rent burden: 420.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Two or more races 10% Hispanic / Latino 9% Asian 5% Black 1%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Italian 8% Scotch-Irish 3% Romanian 3%
• Foreign-born: 16% · Canada, South Korea, China
• Languages at home: 82% English-only · Spanish 6% Other Indo-European 6% French/Haitian/Cajun 2%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.62%
• Current HPI: 498.5117
• Rent YoY: ▼ -3.39%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

-46.7% since first listed

14 events — show timeline

• 2026-04-23 Rental Removed $7,200 REALLYO
• 2026-04-19 Listed for Rent $7,200 REALLYO
• 2026-04-17 Listed $1,995,000 TheMLS
• 2025-04-15 Rental Removed $6,800 CLAW
• 2025-03-07 Listed for Rent $6,800 CLAW
• 2025-02-28 Rental Removed $6,800 REALLYO
• 2025-02-25 Listed for Rent $6,800 REALLYO
• 2025-02-24 Rental Removed $6,800 CLAW
• 2025-01-25 Listed for Rent $6,800 CLAW
• 2025-01-24 Rental Removed $10,000 CLAW
• 2025-01-24 Listed — TheMLS
• 2024-11-27 Price Changed $10,000 CLAW
• 2024-11-15 Listed — TheMLS
• 2024-10-01 Listed for Rent $13,500 CLAW