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20717 Rockcroft 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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 22, 2026 | Price Decreased |
$595,000
↓ $104K
(14.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Coldwell Banker Realty | $699,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed | $795,000 | |
| Listed | |||
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Developers - this is one of very few opportunities in Malibu to own TWO LEGAL PARCELS on the East end of Malibu less than 1.5 miles from PCH. With unobstructed mountain and canyon views including plans for your very own coastal dream home! Nestled in the canyon of Big Rock Malibu, 20717 & 20711 Rockcroft Drive offer an incredible opportunity to build two dream homes or a multi-generational family compound in complete privacy. The architectural renderings are different design options based on existing plans (existing plans have not gone through plan check). Totaling 2.25 acres (20717 Rockcroft is approximately .75 acres and 20711 Rockcroft is approximately 1.5 acres) with a substantial amount of flat land and stunning unobstructed views of the mountains. Parcel A (1.5 acres) has plans for a 6,827 sq. ft. main house with 1,000 sq. ft. basement & 1,300 sq. ft. guest house looking out to unobstructed views of the mountains set on a flat building site. The adjacent parcel (20717 Rockcroft) is .75 acres, has plans for 5,920 sq. ft. home with 1,000 sq. ft. basement and shares the flat meadow looking out to the mountains. Surrounded by protected oak trees, and located at the back of the Big Rock, Malibu neighborhood, this land provides unparalleled privacy, making it the perfect spot for a cliffside residence. The design for each of the homes features a contemporary open flow, seamless indoor / outdoor access and beautiful canyon views throughout. In addition to the plans and renderings, a geology report has already been completed. Situated in a prime location on eastern Malibu, it's just a short distance to Santa Monica and a quick drive to Malibu Country Mart, Malibu Pier and Nobu. You can own both plots of land for only $1,790,000 or $795,000 for 20717 Rockcroft and $995,000 for 20711 Rockcroft. Create the hillside home of your dreams!
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About Eastern Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017