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1720 Lechusa Road
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 |
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| Mar 10, 2026 | Listed by Sotheby's International Realty | $6,400,000 | |
| Listed by Sotheby's International Realty | |||
| Nov 13, 2025 | Listed | $6,000,000 | |
| Listed | |||
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Introducing The Blue — a breathtaking Greek-inspired canyon retreat in Malibu that fuses Mediterranean serenity with California modernism. Conceived by Apel Design, this architectural masterpiece captures the sculptural calm of the Aegean coast while embracing the natural splendor of Malibu’s canyons. Set on nearly an acre of private land, The Blue offers a rare balance of seclusion and accessibility—just 15 minutes from both the Malibu coastline and Westlake Village—inviting you to enjoy tranquil canyon living without sacrificing connection to beaches, boutiques, and city life.
Every element of The Blue is an expression of artful living and timeless craftsmanship. Rounded sculptural forms, hand-laid stonework, micro-cement finishes, reclaimed wood details, and handcrafted tile all play in concert with sunlight and sweeping canyon views. With 4 ensuite bedrooms, including a luxurious upper-level primary suite with dual walk-in closets and a spa-style bath, the home is both intimate and expansive. Outdoor living unfolds across multiple terraces and balconies, a rooftop lounge, and a sparkling pool, while a private 500-foot driveway offers a cinematic arrival through the canyon landscape. Designed for the modern lifestyle, The Blue integrates smart-home technology, climate control, and a state-of-the-art audio system with the tactile beauty of natural materials. More than a residence, it’s a living work of art—a sanctuary for those who seek peace, creativity, and connection to nature in one of Malibu’s most soulful settings and there is still time for you to pick the finishes to truly make it your own! Completion is scheduled for May 2026.
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| Feb 27, 2025 | Listed | $2,800,000 | |
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Explore the endless possibilities at 1720 Lechusa Road, Malibu! This incredible 43,087 sq ft lot comes with Ready-to-Issue (RTI) permits for a stunning 2-story, 3-bedroom, 3-bathroom home. Enjoy a spacious 3,118 sq ft interior, complemented by a 531 sq ft basement garage. Whether you're building your dream home or a savvy investment, this property offers the perfect canvas in a prime location. Don't miss out on this unique opportunity!
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| Dec 3, 2023 | No longer available | - | |
| No longer available | |||
| May 16, 2023 | Listed by The Agency | $1,500,000 | |
| Listed by The Agency | |||
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Privacy, peace and tranquility are in abundance at 1720 Lechusa Rd Malibu. Enjoy a beautiful view of the Pacific Ocean, seen through the mountain line. Easily accessible from both Decker Canyon and Encinal Canyon. Fantastic opportunity for an owner user to build a new home exactly to their liking or for development. The mostly flat, flag lot is accessed through a private driveway shared with no one else. Previous improvements included +- 4,000 sf home. A pool constructed only a few years ago and it's equipment remain and are in good condition. Easily access shopping, dining and Malibu beaches. Less than a 20 minute drive to Westlake Village. Recently serviced septic tank well located on property. Gorgeous neighborhood with absolutely stunning surrounding homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017