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20521 Roca Chica Drive
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2026 | Price Decreased |
$1,849,111
↓ $101K
(5.2%) | |
| Price Decreased | |||
| May 22, 2026 | Listed by The Agency | $1,950,111 | |
| Listed by The Agency | |||
| Aug 11, 2025 | Listed | $1,995,000 | |
| Listed | |||
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An extraordinary opportunity to build your dream home on a rare, completely flat lot with breathtaking ocean views stretching from the Queen's Necklace down to Palos Verdes and Catalina. Located on the highly desirable Roca Chica Drive, this Palisades fire lot comes with fully submitted plans and expedited permitting that include over a 10% increase in square footage from the original structure. Designed by Malibu Design Center, the proposed single-level modern home spans 4,381 square feet in total including the garage, and features floor-to-ceiling glass throughout to maximize panoramic views and seamlessly embrace its natural surroundings. The layout includes 4 bedrooms, 6.5 bathrooms, and striking architectural elements such as two 18-foot-high pitched ceilings, 12-foot vaulted entry doors, natural wood cladding, and effortless indoor-outdoor flow creating a serene yet sophisticated atmosphere. The open-concept great room offers a seamless flow between the living area with a fireplace, dining space, and chef's kitchen with a center island and oversized walk-in pantry. The primary suite is ideally positioned on the southeast corner to capture sunrise views and includes dual bathrooms and closets. There are two additional guest bedrooms, two dedicated offices, a media room, and an attached 2-car garage. A separate guest suite features a lofted sleeping area, living room, and kitchenette with direct pool access - ideal for visitors, extended family, or a creative space. Outdoors, the expansive patio and grassy lawn frame an incredible pool and elevated spa - both of which survived the fire - offering a stunning place to unwind while taking in the horizon. Ideally located in Eastern Malibu just minutes from Santa Monica, this offering includes fully submitted plans and an expedited permitting path already in place allowing you to bypass years of planning and costly expenses.
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| Oct 16, 2020 | Sold | ||
| Sold | |||
| Jul 7, 2020 | Listed by Sotheby's International Realty | $2,450,000 | |
| Listed by Sotheby's International Realty | |||
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Custom ocean view home in the desirable Big Rock neighborhood of Malibu, located just minutes from Santa Monica. Large, single story home with 4 bedrooms and 5.5 baths, plus a separate guest suite (or 5th bedroom). Each bedroom has doors to the private backyard, including one bedroom with loft overlooking the spacious backyard complete with pool and spa, sun deck, lounge, BBQ and lawn areas plus a dedicated pool bathroom (5th bath). The master suite has two separate bathrooms plus a loft area with hot tub access and its own private patio. Ocean views of Santa Monica Bay from the family room, living room and guest suite plus spacious vaulted ceilings in the living room, open kitchen and dining areas. There is a brick fireplace in the living room, an additional formal dining room, family room and 4 various patio areas with mountain views, including one with ocean views. Ample parking in the 2 car attached garage, driveway and on street.
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Property Highlights
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About Eastern Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017