24
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21625 Pacific Coast Highway
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by Pinnacle Estate Properties | $4,950,000 | |
| Listed by Pinnacle Estate Properties | |||
| May 26, 2024 | No longer available | - | |
| No longer available | |||
| Apr 19, 2024 | In contract | - | |
| In contract | |||
| Feb 4, 2024 | Price Decreased |
$3,375,000
↓ $125K
(3.6%) | |
| Price Decreased | |||
| Nov 15, 2023 | Listed by Compass | $3,500,000 | |
| Listed by Compass | |||
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Discover a fun and sunny living space in this alluring Malibu residence offering breathtaking views of the shimmering ocean and Queen's Necklace city lights. This expansive 3 bed/2.5 bath home features a separate studio with private entrance - perfect for an office, gym, or guest space. Upon entry to the main home, each level unfolds a world of tranquility, providing distinct areas for relaxation and recreation without interruption. The lower level boasts two large bedrooms and a sunlit bathroom in their own wing of the home. Just one level up is the primary suite - featuring ocean views, an outdoor terrace, and an exquisitely tiled bathroom. On the upper levels, the heart of the residence is characterized by open living spaces and soaring ceilings, including the ocean-view family/entertainment room, a well-appointed kitchen, a charming breakfast nook, a sophisticated dining room, and a second living area featuring a built-in bar and an expansive balcony. Beyond the secluded back deck lies a private oasis lush gardens, al fresco dining areas, and ample space for a spa beckoning you to unwind and indulge in the coastal lifestyle. Ideally situated in the heart of Malibu, with exclusive membership rights to the revered La Costa Beach and Tennis Club, this residence provides an unparalleled blend of serenity and proximity. Enjoy the convenience of nearby hotspots such as Nobu, Soho House, and Duke's Restaurant, making every day an opportunity to relish the essence of beachside living. The manager has listed the unit size as 3077 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017