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ActiveCondominium

23908 De Ville Way B

Malibu, CA, 90265

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$1,850,000

MLS: 26995655

Beds

2

Baths

2

Sq Ft

1,360

Lot

2.69 ac

Year Built

1965

MLS #

26995655

Days on Market

25

Listed

Oct 2, 2026

Description

Ocean views from every room! Offering a turnkey Malibu investment opportunity in the heart of central Malibu, this beautifully renovated 2-bedroom, 2-bathroom residence combines sophisticated coastal style with effortless living. Upscale finishes and designer furnishings (included in sale) throughout, the home captures breathtaking ocean views from nearly every vantage point. The main level features an open-concept living room, family room, and modern kitchen with stainless steel appliances, complemented by an elegant dining area and cozy fireplace. Step outside onto the expansive balcony and take in sweeping views of the Pacific Ocean, surrounding mountains, and Malibu coastline. The lower level features both the primary and guest bedrooms. The spacious primary suite offers beautiful ocean views, a generous walk-in closet, and luxurious bathroom with dual vanities, walk-in shower, and freestanding soaking tub. The guest bedroom is equally inviting, offering comfort, privacy, and style. Ideally positioned overlooking central Malibu, the residence enjoys direct sight lines toward one of Malibu's most iconic surf breaks. Community amenities include a heated pool, spa, sauna, showers, multiple outdoor seating areas, lush landscaped gardens, and expansive grassy lawns. A nearby walking and bike path provides convenient access to Cross Creek, Malibu Country Mart, and the Lumber Yard. HOA dues include: water, gas, trash, building and grounds maintenance, common area maintenance, master insurance, and earthquake insurance. Located moments from Pepperdine University, Whole Foods, Malibu Pier, Nobu, Soho House, Malibu Canyon, world-class dining, hiking, shopping, and Malibu's renowned beaches. Sale price includes ALL existing luxury furnishings, unless otherwise agreed. Currently income-producing with a tenant in place thru 12/31/2026 at $8,000/month. The residence has previously achieved up to $8,300/month on a long-term basis, while comparable units within the community have generated up to $10,000+/month for short-term rentals. An exceptional opportunity to own a beautifully furnished, income-producing residence in one of Malibu's most desirable central locations.

Location

Malibu, Los Angeles County, CA 90265

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Listed by: Natalie Todd · Douglas Elliman

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$15,790

/ month (est.)

Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $185,000 · Loan: $1,665,000

%

Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.

$/ mo
Principal & Interest
$11,437
Property tax (1.25%)
$1,927
Homeowners insurance
$300
Mortgage insurance
$694
HOA dues
$1,432
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Oct 22, 2026

30-year fixed
7.32%
15-year fixed
6.68%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $64,750 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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Active and pending listings in ZIP 90265 (Malibu)within ±10% of this home's price and size.

Local Market Stats

See Malibu, CA 90265 market trends →

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

★#1 Producing Individual Realtor, Antelope Valley

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.