16601 S Pacific Avenue
About This Property
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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 |
|---|---|---|---|
| Jan 28, 2026 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Coldwell Banker-Campbell Rltrs | $6,500,000 | |
| Listed by Coldwell Banker-Campbell Rltrs | |||
| Nov 13, 2024 | Listed | $6,500,000 | |
| Listed | |||
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Sunset Beach is a quaint community just south of Long Beach & north of Huntington Beach,is one of the regions last seaside enclaves w/ the charm of a bygone era.Limited public parking result in this hidden gem being more quiet & uncrowded than surrounding beaches.Just minutes from private flights out of LB & surrounding business hubs.This statement home sits on a premier/oversized 40 ft wide,beachfront,corner lot,making it ONE OF THE LARGEST LOTS you can find on the sand.Entering the residence you are embraced by the large/open floor plan & an enormous kitchen w/bamboo flat paneled cabinets,leathered granite countertops,a large island,stainless steel Viking gas range w/8 burners,a griddle,double oven,pot filler,2 dishwashers,& a wine & Sub-Zero fridge.If you can take your eyes off the beach landscaping,you will notice a comfortable dining & living area w/a fireplace,a large sitting bar w/ 2 wine/beverage fridges,an ice maker & sink,making this THE place to serve your guests beach cocktails!Open the accordion doors to integrate the sounds of waves crashing & all the charming sights & scents this stretch of heaven offers.Outside on the sand,there is a large paver patio making this a perfect space for relaxation or entertaining.There is also a ½ bath & a door to the elevator for access to all levels.The 2nd level has 3 generously sized beds,one w/a fireplace,all with captivating ocean views,including a primary-like bed w/an ensuite bath w/dual sinks & a glass enclosed walk-in shower.This level also offers a media area w/AV connections (could also be an office/play area),a wet bar w/dishwasher & laundry hook-ups & a full hallway bath w/a shower/tub.The entire 3rd level is dedicated to the master suite,including a sitting area w/a fireplace w/stacked stone & mantle,AV hook-ups,a wet bar w/ both a wine & beverage fridge,Miele microwave & coffee maker & 2 large walk-in closets. Here you can privately enjoy some of the most coveted,unobstructed & panoramic views of Catalina,Palos Verdes & coastal city lights.The luxurious master bath offers dual sinks,a jetted soaking tub w/ocean views & a glass-enclosed shower w/steam capabilities.The new aluminum gated front courtyard has room to park 3+cars/toys+2 cars outside the gates.Close to iconic dining & entertainment,these offerings rarely change hands & w/unmatched panoramas of the Pacific,spectacular sunsets & some of the areas best kept secret beaches,you can enjoy the lifestyle of this idyllic seaside community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017