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21030 PACIFIC COAST Highway
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 12, 2022 | No longer available | - | |
| No longer available | |||
| Oct 27, 2022 | In contract | - | |
| In contract | |||
| Sep 26, 2022 | Listed by Compass | $6,500,000 | |
| Listed by Compass | |||
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With the oceanfront atmosphere of a year-round vacation house, this charming bungalow is perfectly situated for relaxed living and entertaining. Panoramic views from Point Dume to Palos Verdes take in the sparkling Queen's Necklace, the islands, and the ever-changing vistas of the shoreline. Located at the famous surf break on Las Flores Beach, the home has walls of glass and decks to take full advantage of the surroundings. The main living area is an ocean-view living/dining/kitchen space with an end wall of glass doors that open to the beachfront deck. Plank ceilings, additional windows, and skylights complement the home's natural light. The kitchen features quality appliances, bar seating, and a breakfast area. The home's three bedrooms, each with sliding doors opening to the side yard, include the primary suite, which has high plank-and-beam ceilings, skylights, deck access, a sitting area, walk-in closet, tiled bath, and sensational ocean views from the comfort of the bed. The expansive oceanfront deck, with two levels, is an entertainment center in itself. On the upper level is a huge enclosed dining sunroom and an enormous lounging area partially shaded by a beautiful Norfolk pine. The lower deck has more space for dining, lounging, and barbecues, plus a Jacuzzi, an outdoor shower, and gated steps to the rocky shore. Private and romantic, this is the very essence of Malibu beach living. The manager has listed the unit size as 1198 square feet.
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| Jun 21, 2019 | Sold | ||
| Sold | |||
| Sep 20, 2018 | Listed by The Agency | $4,650,000 | |
| Listed by The Agency | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017