Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

23901 Civic Center Way D238

Malibu, CA, 90265

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$750,000

MLS: 26645385

Beds

2

Baths

2

Sq Ft

895

Lot

3.83 ac

Year Built

1972

MLS #

26645385

Days on Market

47

Listed

Jan 29, 2026

Description

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. Pictures that are furnished are virtually staged.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Shelly Yrigoyen · Sotheby's International Realty

Payment estimate

$5,510

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $75,000 · Loan: $675,000

%
Principal & Interest
$4,147
Property tax (1.25%)
$781
Homeowners insurance
$300
Mortgage insurance
$281
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Malibu home with as little as 3.5% down using an FHA loan — roughly $26,250 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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