$2,360,000
●
House -
Off Market
18351 WAKECREST Drive
Malibu, CA 90265
4 Beds
2 Baths,
1
Half Bath
2,236 Ft²
$3,616,160
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Come enjoy the coastal lifestyle at this designer renovated Sunset
Mesa property. This stunning 4 bedroom, 2.5 bathroom home has been
completely remodeled, from top to bottom. The property features
custom white oak floors, brand-new roof, LED energy efficient
lighting, top-of-the line HVAC unit and ducting, Carrara marble and
tile bathrooms. A bright and airy chef's kitchen w/ocean views
features island seating, new stainless-steel appliances, Caesar
stone counter tops and custom cabinetry. The spacious living area
showcases an elegant fireplace and an open floor plan that flows
seamlessly into the lush, newly landscaped backyard. Two of the
upstairs bedrooms have spectacular ocean views. Opening up to the
backyard garden, the master suite sits on it's own private floor
and is equipped with a large walk-in closet and luxurious master
bath. This sought after location is conveniently located minutes
from the beach, excellent hiking trails and the highly anticipated
Caruso development.
Unit Size
2,236 Ft²
Days on Market
103 days
Land Size
0.17 acres
Price per sqft
$1,062
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
1964
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CLAW #18307006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 8, 2018 | Sold | ||
| Sold | |||
| Jan 25, 2018 | Listed by Pacific Union International | $2,375,000 | |
| Listed by Pacific Union International | |||
| Aug 21, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $1,998,500 | |
| Listed | |||
| | |||
|
Endless opportunities with stunning ocean views. Welcome home to the highly desirable "Sunset Mesa". This charming 4 bedroom 3 bath home offers a spacious living area with stone fireplace that perfectly frames the magnificent outdoor area, which is perfect for zenful relaxing or hosting friends and family for el fresco dining. The home is complete for entertaining with a large bright kitchen with eat in area and breakfast bar. Three bedrooms located on the upper floor, and a private master suite that opens into it's own private garden area. This sought after location offers easy access to Pacific Palisades and Malibu. Move-in ready and/or a developers delight. Truly one of LA's finest beaches.The manager has listed the unit size as 2236 square feet.
| |||
| May 16, 2017 | Listed by Halton Pardee and Partners, In | $1,998,500 | |
| Listed by Halton Pardee and Partners, In | |||
| | |||
|
Endless opportunities with stunning ocean views. Welcome home to the highly desirable "Sunset Mesa". This charming 4 bedroom 3 bath home offers a spacious living area with stone fireplace that perfectly frames the magnificent outdoor area, which is perfect for zenful relaxing or hosting friends and family for el fresco dining. The home is complete for entertaining with a large bright kitchen with eat in area and breakfast bar. Three bedrooms located on the upper floor, and a private master suite that opens into it's own private garden area. This sought after location offers easy access to Pacific Palisades and Malibu. Move-in ready and/or a developers delight. Truly one of LA's finest beaches.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Topanga
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,950 /mo
- 1 Bed
- 1 Bath
- 697 ft²
$4,400 /mo
- 1 Bed
- 1 Bath
- 1,055 ft²
Listed by: Jacqueline Chernov, Pacific Union International
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18307006
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 18307006
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