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Malibu Beach Front Property

Bob winds up on Malibu Beach on a forty by approximately one hundred and fifty foot lot in a house built in the mid 50�s. It maintains most of its 50s motif from tile to windows. Bob decides to undertake an ambitious "tear-down" in one of America's most exclusive neighborhoods.
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Malibu Beach Front Property

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" Well, it's a very nice lot. It seems to be---- I mean I didn't expect the garden in front here."

" Yeah, it's a beautiful brick patio."

" Uh huh."

" And with the bougainvillea and then they're so high."

" This is bougainvillea vine."

" Not pretty."

" Yeah, but it's certainly is overgrown."

" Yeah. It would be a lot prettier if they were cut back."

" Yeah. And that takes up about 10 feet of this little patio. Tell me what's the lot size?"

" The lot width is about 40 feet and the depth of the lot is approximately 150."

" Approximately?"

" Approximately because it goes to the mean high tide line and that moves everyday."

" Around the beach."

" All day long."

" And it moves everyday. So everyday you'll lose a little real estate or you gain it back the next day?"

" Exactly."

" Yeah."

" Let's go in."

" How old is the house?"

" It was built from the mid 1950s."

" And it's never been remodeled?"

" Not really. New carpeting and paint woods in a while, but----"

" That's relatively bright, yeah."

" Yeah. Very nice. It's a nice bedroom up to the side."

" About 10 x 12 with a nice window and a nice closet."

" Alright."

" And then over here is the master bedroom, which is a little larger."

" Yeah, maybe 14, aluminum windows sliders, huh?"

" Yeah, sometimes."

" Sometimes since what? Yeah. Nice. Scary."

" And then the master bath with a dressing area."

" Boy, this does look 1950s with the pink loud flair."

" Original pink tile."

" Really? Lots of pink tile. And then there's no tub?"

" No tub, but there's a shower."

" There's a shower. Oh, yeah. Another one of those slider windows."

" Then there's a nice access out to the side that goes down to the beach."

" Toilets here. And oh yeah, it's beautiful down there. Of course the neighboring house is only 5 feet away, huh?"

" Right."

" Yeah. Oops, yeah. Well, where to next?"

" Let's go and see the kitchen and the living room."

" Lots of closet space in here, though."

" Closets in the dressing and----"

" Yeah."

" also in the bedroom."

" Right."

" Alright. Let's go on to the rest of the house. There's a second bathroom that has another passageway out to the beach."

" Very nice. Full bath, huh?"

" Full bath. And we have a kitchen."

" It's a good sized kitchen."

" It's okay. It's a little tired right now. We can----"

" It looks a little [unk], yeah."

" Yes."

" And look at this?"

" This opens up."

" This does?"

" Oh wow!"

" Full burst. I wonder if you could fix this up."

" No, I don't know that you can get parts for that anymore."

" Yes, probably pretty old, yeah."

" It is old, but it's open to the dining room, which is nice."

" What happened here?"

" I think they are working on the lights and they just haven't finished it."

" I see. It used to be a recessed lighting in there."

" Right."

" A yellow porcelain kitchen sink with a big ding on it."

" Right."

" Yeah."

" That happens when your skillet hits the edge, huh?"

" With several burns."

" Yeah."

" And then-"

" And a dining room, which has----"

" A nice dining area, yeah."

" Wonderful views."

" Spectacular. Now, this looks like just a shed roof. No insulation or anything in it."

" I think this had been an outside patio at one time that they built on that."

" And they just put slider doors in to enclose it?"

" Right."

" And carpeted it."

" Okay."

" Wow. Look at this fireplace, huh?"

" Yeah. This is a stone fireplace that they've painted over."

" It doesn't look like stone."

" Feels like stone."

" Yeah. And looks very strange. Does it work?"

" It does. It does. I don't know how well it draws, but there are plants and hermits that the seller has worked on with this house. -Architectural plans."

" Beautiful architectural plans for Spanish colonial, and it opens it up, knocks out this whole fireplace and opens up the whole house. It's just beautiful."

" So that's more like 1 big room?"

" Right."

" 'Cause right now the living room space seems to be about 14 x 12 in here, kind of."

" Approximately."

" It looks like, like there was a leak up there in the ceiling."

" Yeah, there are several leaks throughout the whole house."

" Yeah."

" So, there's problems here, but boy, look at this out here, huh?"

" This is what everybody comes to the beach for."

" Yeah."

" Oh, this is terrific."

" It is gorgeous."

" Boy, that bougainvillea vine really is overgrown."

" Yeah, this is a separate external staircase that leads upstairs, and there's a whole apartment up here."

" Oh yes, it's wonderful."

" Separate apartment with a kitchen and a bathroom."

" Looks to be about 30 x 14 at least this living area here."

" Nice peak ceiling."

" No insulations, awfully hot."

" The kitchen is separate. It has its own stove, oven, refrigerator."

" Yeah. Well, this really looks like the 50s. This gold-vein black glass."

" It's imported."

" Pretty odd stuff."

" And there's a bathroom back here, lots of closets."

" Uh huh."

" Lots of storage space."

" Oh, look at that! Absolutely vintage stuff, the old sink like downstairs with rather unusual lighting fixtures and I hear a drip in the shower."

" It's a waterfall."

" Yeah, I guess you could call it that, huh. Okay."

" You know the architectural plans for the remodel on this calls for opening up this whole master area and making this a big master's suite."

" There's an attic space in there."

" There's an attic space that would go across the whole width through the property and it would still be a big bathroom walking closet and a guest suite and bathroom back."

" Really? That's pretty----"

" Yeah."

" ambitious."

" Yeah. Well, it's fabulous plans."

" They could raise the roof around here and I guess take over this space here, huh?"

" Right."

" And move out."

" Yeah. And Louise, you look like you've made yourself quite at home."

" Oh I have."

" So, what do you think?"

" Well, I'm very confused. I mean it's been a very interesting real estate tour. We've looked at 2 houses that have that California-Spanish colonial feeling that I love so much and now we've looked at a third house that doesn't have any kind of architectural style to speak of. So, I'm confused because it's such a great spot to be remodeling a house."

" But you know, if you see the plans, I think you'll see----"

" Yeah."

" that they're for a colonial Spanish house and I'd be happy to set up a bidding with you and the architect if you'd like so we can review the plans and the elevations."

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