23
Map
$2,750,000
↓ $500K (15.4%)
●
Land -
For Sale
18912 Pacific Coast Highway
Malibu, CA 90265
Studio
0 Bath
$13,503
Est. Monthly
About This Property
Rare opportunity to acquire an oceanfront parcel with architectural
plans in progress by acclaimed architect Steven Kent. Situated
directly on the sand along a highly desirable stretch of Malibu
coastline, this property offers approximately 30 feet of beach
frontage and sweeping views across Santa Monica Bay.
Preliminary plans envision a modern two-story residence of
approximately 3,200 square feet featuring expansive ocean-facing
glass, open-concept living spaces, rooftop deck with spa,
beachfront terrace, and direct beach access. The proposed design
includes a two-car garage with entry from Pacific Coast Highway and
elevated construction designed to maximize views and coastal
resilience. Ideally positioned with convenient access to Pacific
Palisades, Brentwood, Santa Monica, and central Malibu, this
offering presents a rare opportunity to create a custom beachfront
residence in one of Southern California's most iconic coastal
communities. PLANNING APPROVED - GREEN STAMPED PLANS.
Unit Size
-
Days on Market
233 days
Land Size
0.09 acres
Price per sqft
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Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
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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 #26655861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2026 | Price Decreased |
$2,750,000
↓ $500K
(15.4%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by The Agency | $3,250,000 | |
| Listed by The Agency | |||
| Oct 16, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Action Now Realty | $2,750,000 | |
| Listed by Action Now Realty | |||
| | |||
|
Beachfront Burnout! Close in Malibu with nice sandy frontage. Nice walkable beach.Good surf & fishing in front!. ===============FORMER 2,672 1978 ARCHITECTURAL==================City of Malibu has a resource center that can assist you with creating your dream.
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Property Highlights
With View
Exterior Details
Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front
Lot Size Area: 3995
Lot Size Units: Square Feet
Lot Size Acres: 0.0917
Lot Size Square Feet: 3995
Comparables
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ft²
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Asking Price
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HOA + Taxes
About Eastern Malibu
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Listed by: Cody Garcia, The Agency
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26655861
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 26655861
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