18434 Clifftop
About This Property
The property presents an exceptional opportunity for a custom home designed to take full advantage of its spectacular coastal setting. The original residence was approximately 2,140 square feet, offering a potential footprint and point of reference for envisioning a new build. Underground electrical utilities are already in place, adding to the appeal of this unique parcel.
Enjoy sweeping ocean vistas and the peaceful, residential character of Sunset Mesa, where the streets are ideal for walking and biking and the coastal lifestyle is truly exceptional. Located just above the Getty Villa, the property offers convenient access to Malibu, Pacific Palisades, Santa Monica, beaches, dining, shopping, and Westside amenities.
Sunset Mesa is known for its established community character and view-protection CC&Rs, including building-height restrictions intended to help preserve the area's coveted ocean views. Buyer to independently verify all zoning, building, development, utility, lot, view, CC&R, and other property characteristics with the appropriate governmental agencies and HOA/community representatives. Broker and seller make no representations or warranties regarding development potential or future construction.
A rare chance to build something truly special in one of Malibu's most desirable coastal enclaves-where panoramic ocean views, a flat lot, privacy, and an unbeatable Westside location come together.
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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 |
|---|---|---|---|
| Nov 3, 2026 | Price Decreased |
$1,595,000
↓ $305K
(16.1%) | |
| Price Decreased | |||
| Aug 30, 2026 | Listed by Estate Realty Group, Inc. | $1,900,000 | |
| Listed by Estate Realty Group, Inc. | |||
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About Topanga
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017