2 Paradise Cove Rd, Malibu, CA, 90265
About This Home
Ocean views in the lower bowl of Paradise Cove for under $1.5M - A rare chance to get into one of the most desirable sections of the community and create your own Malibu beach escape. Located just moments from the sand, this property offers the opportunity to update, expand, or reimagine the home to suit your own vision in one of Malibu's most sought-after beachfront communities. The existing residence provides a functional footprint with expansive outdoor space surrounded by mature landscaping and hillside greenery. Whether refreshed with new finishes or rebuilt into a more substantial coastal retreat, the property presents an exceptional canvas to create your own beachside dream in the Cove. Paradise Cove residents enjoy direct beach access along with community amenities including an ocean-view clubhouse, tennis court, playground, community garden, and scenic bluff-top walking paths. All of this, combined with a low monthly space rent, makes this a very rare opportunity. Set up a golf cart tour of Paradise Cove and we'll check out No. 2. See it today and be in before summer.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer,Repairs Major,Tear Down
Materials
- Foundation: Other
- Roof: Other
- Construction materials: Other
Type & Style
- Home type: MobileManufactured
- Property subType: Manufactured Home,Mobile Home
Interior
Appliances
- Appliances included: Other Water Heater Type
- Laundry features: Other
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Features
- Other,See Remarks
- Flooring: Mixed,Other
- Fireplace features: None
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Property
Accessibility
- Accessibility features: None
Details
- Special condition: Standard
- Other equipment: Other
Features
- Stories: 1
- Entry location: Main Level
- Pool features: None
- Patio & porch: Other
- Spa features: None
- Fencing: Other
- Has view: Yes
- View description: Ocean,Trees/Woods,White Water
- Has water view: Yes
- Water view: Ocean,White Water
- On waterfront: Yes
- Waterfront features: Beach Access
Lot
- Features: Back Yard,Ocean Side Of Highway 1
Parking
- Total spaces: 2
- Parking features: Assigned,Parking Space,On Site,Other
- Has uncovered spaces: Yes
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Coastal Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,579 | $90,948 |
| Home Insurance * | $441 | $5,292 |
| Property Taxes | $836 | $10,032 |
| Electricity | $398 | $4,786 |
| Total | $9,254 | $111,048 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-13 | Listed for sale | $1,499,000 |
| 2012-06-05 | Sold | $360,000 |
| 2011-12-18 | Listing removed | $390,000 |
| 2011-12-03 | Price change | $390,000 |
| 2011-11-06 | Price change | $399,000 |
| 2011-09-03 | Price change | $440,000 |
| 2011-07-22 | Price change | $445,000 |
| 2011-06-30 | Price change | $450,000 |
| 2011-06-09 | Price change | $499,000 |
| 2011-05-18 | Listed for sale | $525,000 |
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