10651 Pacific View
About This Property
Situated along Pacific View Drive, an area recognized for its exceptional surroundings, the property provides a tranquil setting while remaining conveniently located near Malibu's beaches, outdoor recreation, and other local amenities. Enjoy proximity to scenic hiking trails and the many attractions that make Malibu a premier coastal destination. The sellers have completed a Wild life survey, Biological Assessment, Environmental impact Report and Botanical Survey of the property to determine what areas fall under 'Environmentally Sensitive Habitat Areas' (ESHA) and how/where to build with the least amount of environmental impact within the coastal zone of Ventura County. *** Buyers to do their due diligence on sq footage with Ventura County and all other requirements***
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2026 | Listed by Circle Real Estate | $250,000 | |
| Listed by Circle Real Estate | |||
| Jun 19, 2024 | No longer available | - | |
| No longer available | |||
| Jun 2, 2024 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Keller Williams Encino/Sherman Oaks | $250,000 | |
| Listed by Keller Williams Encino/Sherman Oaks | |||
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Nestled in the serene hills of Malibu, 10651 Pacific View Drive offers a once-in-a-lifetime opportunity to realize your dreams in one of the world's most coveted locations. This breathtaking vacant land provides an incredible canvas for envisioning your own piece of paradise that embraces the natural beauty and tranquility of the Malibu coastline. With privacy and seclusion, this exclusive property on Pacific View Drive is known for its luxury estates, making it an ideal setting for your vision. Conveniently located near Malibu's renowned dining, shopping, and entertainment, you'll have easy access to the best that this world-famous area has to offer. Whether it's the beautiful beaches, hiking trails, or prestigious schools, this property offers a rare opportunity to make your Malibu dreams a reality.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017