29130 Cliffside Drive
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%.
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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Dec 2, 2024 | Listed | $58,000,000 | |
| Listed | |||
| | |||
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The crown jewel of Cliffside Drive, perched on the number one promontory view lot with private stairs for beach access at the 50-yard line of the two best surf point breaks in all of Malibu; Little Dume and Big Dume. Unobstructed explosive views of the majestic Dume bay, out to Catalina Island, Queen's Necklace, and downtown Los Angeles in the distance with its snowcapped mountains in back. This property has it all. This neighborhood is the most exclusive enclave in all of Malibu where the titans of the industry live and play for the best lifestyle Southern California has to offer. If you're a surfer or love to be connected to nature and all its sea life - whales, dolphins, and sea lions - in your backyard, it doesn't get better than this. Just completed and cladded in Japanese Shou Sugi Ban wood, walls of glass, French herringbone oak floors, Roman clay plaster walls, exquisite stones curated from around the globe, steel roof, guest house, oversized motor court, pool jacuzzi, oversized lawns, sports court, multiple fire pits, gym, spa with hot and cold plunge, two saunas, elevator, wine cellar, theater room, game room, outdoor kitchen, pizza oven, viewing decks, sliding doors for seamless indoor/outdoor living, and the latest and greatest amenities. This is a rare opportunity to own this Malibu sanctuary on the best street in the most exclusive neighborhood. Your hard work has led you to this moment, where you can finally experience the California dream.
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| Mar 24, 2022 | No longer available | - | |
| No longer available | |||
| Dec 11, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Central Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017