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23843 Harbor Vista Drive
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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 |
|---|---|---|---|
| Oct 5, 2026 | Listed by Compass | $4,995,000 | |
| Listed by Compass | |||
| Jul 17, 2025 | Price Decreased |
$5,990,000
↓ $1M
(14.3%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed | $6,990,000 | |
| Listed | |||
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**Permits Approved Ready to Build Immediately** Build your dream estate on this stunning Malibu lot with breathtaking 270-degree ocean and mountain views, stretching to Santa Monica and Catalina Island. This rare shovel-ready property comes with fully approved plans and RTI for a 5,400 sq. ft. modern home, featuring a two-story glass-enclosed design, a subterranean garage, and luxury amenities including a pool, spa, rooftop terrace, and Mediterranean garden. The plans showcase an open-concept layout with five bedrooms, 5.5 baths, a chef's kitchen, expansive balconies, and multiple fireplaces. A gated entrance, private driveway, and elevator access ensure privacy and convenience. With permits in hand, construction can begin immediately. Don't miss this rare opportunity to own a premier Malibu lot with unparalleled views. Located at the heart of Malibu - close to Malibu's newest shopping center, Cross Creek Ranch; The Park at Cross Creek with Whole Foods, the Lumber Yard, Malibu Country Mart, Malibu Farmers Market, the Malibu Pier, Pepperdine University, PCH, the 101 Fwy and so much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017