Malibu - ReportWire

“CSI” Creator Sells Malibu Beach House for $15M

Anthony Zuiker, the mastermind behind the television franchise “CSI,” sold his beach house in Malibu for $15.3 million on Feb. 15, according to the listing on Zillow.

The property, which is located at 31504 Victoria Point Road, is a single-family, four-story house built in 1976.

Zuiker bought it from basketball star Kevin Durant in 2019 for $12.15 million, according to data compiled by Zillow and media reports at the time.

It’s a moderately priced home for Malibu, with recent sales including interior designer and developer Saffron Case selling a 4,000-square-foot house along Carbon Beach for about $29 million in December.

Also in December, rapper and entrepreneur Kanye West sold his home for $53 million, after purchasing it for $57.25 million two years prior. Last year, Beyonce and husband Jay-Z paid $200 million for a Malibu mansion, the highest price for a home in California history.

Zuiker was looking to rent out the Malibu beach house last year for $90,000 per month and then listed it for sale in September, according to Zillow records.

Back in 2019, the television producer sold another Malibu property, a 5,500-square-foot home, to NBA player Chandler Parsons for $9.25 million, Variety reported.

The house features a third-story entrance, family room, kitchen, dining room, bedroom and the grand living room with ocean views, according to listing notes. Down one level is a mezzanine-style sitting room and two ensuite bedrooms. The bottom floor is a beach-level media suite, plus a full kitchen and a guest bedroom. The top floor includes an office space.

Chris Cortazzo of Compass held the listing. David Parnes and James Harris with The Agency represented the unidentified buyer.

Zuiker as well as the agents representing both sides of the deal did not respond to a request for comment.

The show “CSI: Crime Scene Investigation” launched in 2000 focused on the Las Vegas Police Department. The concept later spawned three other television series.

Daria Solovieva, Isabella Farr

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February 21, 2024

Malibu landslide sends boulders tumbling onto canyon road

What to Know

Malibu Canyon Road was closed in both directions due to a slide.
The hillside crumbled during overnight rainfall from a storm that soaked Los Angeles for three days.
Another storm is expected to add to already historic February rainfall.

Rocks and dirt tumbled down a rain-soaked hillside Wednesday and piled up on a canyon road in the Malibu area.

A photo from the California Highway Patrol showed a large pile of boulders on Malibu Canyon Road. The road is closed in both directions at Piuma Road due to the slide.

A car was damaged in the slide, but no injuries were reported.

Drivers were advised the road will remain closed for two to three days.

Several other slides were reported after a third straight day of rainfall in the Los Angeles area.

UPDATE – 10:30 AM – Malibu Canyon is expected to stay closed for 2-3 days at Piuma for cleanup of a large mud/rock slide. PCH is closed Latigo Cyn – Corral Cyn due to mud/rock slide, expected to reopen this afternoon. Beware mud/rocks on all roads, avoid canyons. pic.twitter.com/qUhKAqJMTz

— MalibuPublicSafety (@MalibuSafety) February 21, 2024

All lanes of Pacific Coast Highway were closed just west of Corral Canyon in Malibu due to mudslides. There was no estimated time for reopening.

Part of Benedict Canyon Road was restricted to local access only due to a collapsing roadway. The closure was in effect from Mulholland Drive to Hutton Drive.

Mulholland Drive remained closed between Skyline Drive and Bowmont Drive due to slides at four locations. That closure was expected to last weeks.

The Skirball Center Drive/Mulholland Drive off-ramp from the northbound 405 Freeway was closed until further notice due to a sinkhole.

The latest storm comes on the heels of an early February storm that shattered several rainfall records. The system is moving out of Southern California Wednesday, but another storm might bring rain Sunday and Monday.

Jonathan Lloyd

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February 21, 2024

4.6 magnitude earthquake strikes Malibu area in Southern California, USGS says

LOS ANGELES — A preliminary-magnitude 4.6 earthquake struck the Malibu area on Friday afternoon and was felt throughout much of the greater Los Angeles area.

The U.S. Geological Survey said the epicenter of the earthquake, which struck at 1:47 p.m., was located about 8 miles southwest of Thousand Oaks, and was measured at a depth of 7.5 miles.

Where was the earthquake felt across Southern California?

The Los Angeles Fire Department reported that it was “widely felt” in Los Angeles.

ABC7 viewers reported feeling the temblor in Huntington Park, San Bernardino, Lancaster and Costa Mesa. We felt the earthquake strongly at the ABC7 Studios in Glendale.

Were there aftershocks?

Within an hour of the initial earthquake, about 16 aftershocks hit the immediate area, ranging from magnitude 3 to 1.8, according to USGS.

Map shows 15 aftershocks near Malibu area after 4.5 magnitude earthquake. The earthquake hit at 1:47 p.m. on Feb. 9, 2024. The map shows aftershocks that happened through 2:31 p.m.

U.S. Geological Survey

Aftershocks are expected to continue throughout the day. Track the aftershocks here.

Is there a tsunami warning due to the earthquake?

“NO tsunami, NO danger from a recent earthquake,” U.S. National Tsunami Warning Center said in a social media post shortly before 2 p.m.

Was the Malibu earthquake related to the one that hit Hawaii?

The quake was not related to a 5.7-magnitude earthquake that hit Hawaii’s Big Island on Friday, seismologist Lucy Jones said.

What does Dr. Lucy Jones say about the Malibu earthquake?

There was no immediate report of damage or injuries. Jones said the magnitude of the quake was not of a severity that would cause expectations of damage.

Seismologist Dr. Lucy Jones discussed a magnitude 4.6 earthquake that struck the Malibu area and was felt throughout the greater Los Angeles area.

“It’s sort of run-of-the-mill for earthquake country,” Jones said.

The quake was initially measured at a magnitude of 4.7 before being downgraded, the USGS said.

Anniversary of the Sylmar earthquake of 1971

The Malibu earthquake struck on the 53rd anniversary of the 1971 San Fernando earthquake, which was recorded as magnitude 6.6. Also known as the Sylmar earthquake, it killed 64 people and caused over $500 million in damage.

50 years since the massive Sylmar earthquake rocked the region, first responders and survivors reflect on the terrifying moment and the damage that was left behind.

KABC

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February 9, 2024

Malibu gets a 3-officer CHP task force to patrol deadly stretch of PCH

After the horrific Oct. 17 crash on Pacific Coast Highway that killed four Pepperdine students, the Malibu community pleaded with its City Council to do more to stop speeding drivers whose recklessness often ends in injuries and fatalities.

The city’s latest effort to improve safety on the scenic but perilous 21-mile stretch of PCH is to add a dedicated task force to patrol the roadway over the next year and a half.

In January, the City Council approved a contract with the California Highway Patrol to establish the three-officer unit to patrol Pacific Coast Highway within city limits. The contract will expire in June 2025.

Deadly crashes have plagued Malibu for decades. A Times analysis after the October crash found there were 170 deaths and serious injuries to drivers, passengers, cyclists and pedestrians between 2011 and 2023.

PCH is a state highway, so it falls under Caltrans jurisdiction, which limits the changes the city can make to the roadway. But in the last three months, Caltrans has begun construction on a new traffic signal synchronization project that allows the agency to remotely control traffic signals on the highway, synchronize their timing and adjust them to lower traffic speeds and reduce congestion.

In November, the Malibu City Council declared a local emergency, which allowed the city manager to quickly approve a short-term contract with the CHP to immediately bolster patrols. Those patrols are ending this month, just as the longer-term task force kicks in.

There are still projects in the pipeline. A $4.2-million Caltrans contract approved by the state in December will allow the agency to establish speed feedback signs and speed limit markings on pavement, replace safety corridor signs and enhance striping on curves.

The California Highway Patrol stopped patrolling PCH in Malibu in 1991 when the city incorporated, and Malibu contracted for law enforcement with the Los Angeles County Sheriff’s Department. Now, the additional patrols are welcomed by city officials and law enforcement at a time when many in the community feel at their wits’ end.

“We’re always happy to have more enforcement, especially when we have people dying on our streets,” said Jennifer Seetoo, captain of the L.A. County Sheriff’s Department’s Malibu/Lost Hills station.

Seetoo told The Times on Tuesday that she believes the “three E’s, and that is enforcement, education and engineering,” are needed to make the highway safe.

The new CHP task force is an essential aspect of enforcement, Seetoo said, but she wants speed cameras, too.

In October, Gov. Gavin Newsom signed into law a speed camera pilot program, but Malibu wasn’t among the cities where cameras would be installed. State Sen. Ben Allen (D-Santa Monica) and Assemblymember Jacqui Irwin (D-Thousand Oaks), however, are working on legislation to get the cameras in Malibu, Seetoo said.

Meanwhile, traffic safety on PCH continues to be top of mind for residents and top of the agenda for council members.

At the most recent City Council meeting, residents who spoke said spreading awareness is vital in protecting the neighborhood.

“If this is a war on recklessness,” said one commenter, “we need to be targeting hearts and minds.”

Some suggested posting signs: “This place is worth going slow,” “Slow down, you’re already here,” “Locals can tell you’re a tourist by your speeding.”

Only Caltrans-approved signs can be attached to power poles, however. Councilmember Paul Grisanti suggested that businesses and homeowners along the highway allow large signs to be posted on their buildings to snag people’s attention.

Another commenter proposed that four volunteer motorists put signs on the backs of their cars emphasizing the speed limit and then drive side by side on each side of the highway.

The community’s passion on the topic is evident.

And, Seetoo told The Times, residents are cautiously optimistic.

After the death of 13-year-old Emily Shane — who was struck by a speeding driver as she walked along PCH in 2010 — “the community rallied and wanted change,” Seetoo said. “And nothing happened, and I feel like this is the first time that things are actually happening.”

Times staff writer Terry Castleman contributed to this report.

Karen Garcia

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February 1, 2024

Lawsuit Claims Malibu Dream Resort Violates Zoning Laws

For four years, The Malibu Dream Resort has hosted elegant weddings and corporate parties; however, lawyers for Los Angeles County assert that the resort has operated illegally and has created a nuisance in a bucolic area of the Santa Monica Mountains near Point Mugu State Park.

In a suit filed earlier this month in Los Angeles Superior Court, the Office of the County Counsel filed suit against LLCs owning The Malibu Dream Resort, headquartered at 10502 Yellow Hill Road in unincorporated county land in the Malibu area. County lawyers allege that the 10,000-square-foot mansion on the resort and other structures were zoned specifically for residential use, according to Title 22 of the County Code, Planning and Zoning.

The suit also alleges that breaking the county code also violates the state’s Unfair Competition Law. County lawyers demand $2,500 for each day the defendants engaged in acts of unfair competition. The county has sent written violation orders and zoning enforcement orders to the defendants since about September 2021.

“Defendants ignored the county’s notices and orders and continued to advertise and conduct events at the venue properties without having the requisite permits to do so,” the lawsuit alleges. “Despite receipt of the cease-and-desist notices, defendants continue to promote and lease, or otherwise allow the venue properties to be marketed, promoted, leased and used as event facilities without requisite land use permits and/or approval from the county.”

The suit says that the resort has generated plenty of complaints from neighbors.

“Venue properties are nuisances that bring loud and excessive noise, boisterous crowds and DJs and amplified music that blares into the late hours of the night,” the suit alleges. There are also complaints of laser shows, caravans of cars and unpermitted signage on roads.

Rudy Malka, CEO of The Malibu Dream Resort, denied his company did anything wrong. He said that his company’s attorneys have negotiated with L.A. County officials over zoning issues. His company started developing Malibu Dream Resort after the Woolsey Fire of 2018, which burned about 97,000 acres and forced the evacuation of 295,000 people. About 40 percent of the estate’s grounds sustained damage during the fire.

Malka declined to state how much money his company invested in developing the property. It currently offers amenities such as a home theater, a gym, and garage for eight cars, as well as two koi ponds.

The 10502 Yellow Hill Road mansion also is available for rent for $526,000 per month, according to Zillow. The property — located in the hills above Malibu, mere feet from the Ventura County line — features a 10,000-square-foot mansion on 51 acres, according to its website.

Record deals and tax-avoidance maneuvers: Southern California’s priciest sales of 2023

Southern California’s luxury real estate market never sleeps. But this past year, it collectively caught its breath.

Luxury sales slowed down in 2023 — a combination of soaring interest rates, a newly introduced “mansion tax” and an inevitable drop-off from a pandemic market when megamansions flipped like hotcakes.

In 2022, there were 17 home sales above $50 million and 48 over $30 million in L.A. County, according to the Multiple Listing Service. In 2023, there were only five sales over $50 million and 23 over $30 million.

But even in a down year, there were still plenty of headlines. Jay-Z and Beyoncé set the all-time price record in the state of California, while other celebrities sold homes and left L.A. just in time to avoid paying taxes under Measure ULA.

Here are the top sales of the year.

$200 million

Bought for $200 million, the 40,000-square-foot mansion overlooks the ocean in the affluent enclave of Paradise Cove.

(Google Earth)

History was made in May when Jay-Z and Beyoncé shattered California’s price record, paying $200 million for a concrete compound in Malibu.

The L-shaped house, which topped the previous record of $177 million, looks more like an airplane hangar or supervillain’s lair than a home. It was built by Tadao Ando, a decorated Japanese architect who also designed a home for Kanye West a few miles down the coast. Ando brought in 7,645 cubic yards of concrete to erect the 40,000-square-foot home.

It never officially hit the market, so photos are scarce. The property is perched above Malibu’s Paradise Cove and features concrete hallways and walls of glass that open to a swimming pool and lawn overlooking the ocean.

$60.85 million

Another power couple — Jennifer Lopez and Ben Affleck — claimed the second-highest home purchase of the year when they shelled out $60.85 million for a five-acre spread in Beverly Crest. High interest rates weren’t a problem; they didn’t need a 30-year-fixed. The pair paid in cash.

The deal marked the end of a year-long house hunt for Lopez and Affleck, and the house boasts an array of amenities that few other mega-mansions can match. Across 38,000 square feet are 12 bedrooms, 24 bathrooms, 15 fireplaces, a movie theater, wine cellar, nail salon and sauna, as well as a 5,000-square-foot sports facility with a boxing ring and pickleball court.

The $60.85-million sale actually came at a discount; the home originally hit the market with a gargantuan price tag of $135 million.

$55 million

A mansion surrounded by an expansive lawn.

Some scratched their heads when Mark Wahlberg unloaded his Beverly Park mega-mansion for $55 million in February. The movie star spent years designing the French-inspired palace, and he originally asked $87.5 million when he first listed it in 2022.

But Wahlberg was a motivated seller. He moved to Nevada last year, and by selling the home in February, he avoided Measure ULA, a transfer tax that took effect April 1 and would’ve charged a 5.5% tax on the sale. At $55 million, Wahlberg’s tax bill would’ve been more than $3 million.

The European-inspired showplace is truly one of a kind, featuring amenities such as a five-hole golf course, driving range, grotto-style swimming pool and skate park. Wahlberg, a native of Massachusetts, also added a Boston Celtics-themed basketball court during his stay.

$52.056 million

Malibu’s second entry on this list comes via attorney Stuart Liner and his wife, Stephanie Hershey Liner, who sold their beach house on Point Dume for just over $52 million.

The Liners have made a fortune flipping houses over the years, including doubling their money on a house they bought from actor Danny DeVito. They scored a hefty profit here as well; records show they paid $21.758 million for the oceanfront home in 2020 before extensively remodeling the place.

The 6,000-square-foot house comes with a swimming pool and tennis court. It sold to Tom van Loben Sels, a partner at Bay Area tax firm Apercen Partners.

$52 million

A mansion fronted by a circular drive with a fountain.

For years, Villa Firenze was a cautionary tale, an extravagant reminder that while fortunes can be won in Southern California’s lucrative real estate market, you have to be strategic in how you sell to truly cash in.

Hungarian billionaire Steven Udvar-Hazy was not. The airplane mogul built the Italian-inspired mansion in 1998 and listed it for $165 million in 2017, which at the time was one of the most ambitious asking prices in California history.

Clearly overpriced, the house sat on the market for years until it was auctioned off for $51 million in 2021 to biotech entrepreneur Roy Eddleman, who, for some reason, tried the same thing as Udvar-Hazy.

Eddleman quickly attempted to flip the house for a massive profit, putting it back onto the market for $120 million just a year after he bought it. Unsurprisingly, there were no takers, and he died before it sold.

His estate slashed the price on the luxurious villa, which features 40-foot palm trees, 20-foot ceilings and a two-story library complete with a secret passageway that leads to a bedroom and bar.

After a year of price cuts, it finally sold in February for $52 million, just $1 million more than Eddleman paid for it at auction two years prior.

Jack Flemming

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December 28, 2023

Staying at The Malibu Five Beachfront Vacation Rental • The Blonde Abroad

The-Malibu-Five-Pin

The Malibu Five is the ultimate beachfront vacation rental in Malibu! From colorful sunsets to luxurious amenities, this vacation rental is where dreams come true.

With an infant and a dog, rental homes have become our preferred accommodations. As a San Diego girl born & raised, I can go on and on about all of the amazing things to do in Southern California—and Malibu is always on that list!

We booked The Malibu Five with Fieldtrip for a weekend as a family—complete with a toddler, two doggos, and both sets of grandparents! Check out my Instagram Reel of The Malibu Five for a snippit of our experience!

My friends at Fieldtrip have extended a sweet discount code for TBA readers — use “TBAFIELDTRIP” to get $150 off a booking.

Here’s a breakdown of The Malibu Five, an incredible beachfront Malibu vacation home!

Location

If you’re like me, you value the power of a perfect location. The Malibu Five beachfront vacation home hits the bullseye.

This little slice of heaven is perched (literally) on top of the beach. The jaw-dropping views of the Pacific Ocean are absolutely incredible to wake up to.

Keep your eyes peeled—we saw tons of dolphins during our stay!

The property is conveniently located walking distance to Moonshadows restaurant and the Malibu Pier is just a short drive away.

About The Malibu Five Vacation Rental

The Malibu Five is a complex of 5 individual one-bedroom units that can be booked separately or you can do a buyout of the entire property. So whether you’re looking for a romantic getaway or a multi-family vacation, it’s the perfect property!

We booked units 1, 2, and 3 so that we could all stay “together” while enjoying our own space. I’ll share more info about each of the five units below!

Each unit has an ocean views with a beachfront balcony, king-sized bed, and fully stocked kitchen. And, there’s a communal fire pit and beach access for all units, so no matter where you stay, you can enjoy!