31340 BROAD BEACH Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 11, 2025 | Listed | $10,750,000 | |
| Listed | |||
| | |||
|
An exceptional opportunity on the prestigious and highly sought-after Broad Beach Road. This classic mid-century home, built in 1953, offers breathtaking ocean views and direct access to one of Malibu's most iconic stretches of coastline. The main level welcomes you with exposed brick, rustic hardwood floors, soaring beamed ceilings, and expansive floor-to-ceiling windows that bathe the interior in natural light. A wood-burning fireplace adds warmth and charm, while the lush backyard, adorned with mature succulents, invites you to unwind in a serene coastal setting.Upstairs, the primary bedroom is complemented by a secondary living area featuring another wood-burning fireplace and opening onto a generous deck with sweeping views of the Pacific. With approximately 50 feet of beach frontage and nearly 2,000 square feet of living space, this property presents the perfect canvas to create your dream Malibu retreat.
| |||
| Sep 28, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jun 8, 2018 | Listed | $6,250,000 | |
| Listed | |||
| | |||
|
Best opportunity on the prestigious and coveted Broad Beach Rd. This is the first ever offering for sale since this mid century home was built in 1953! The home boasts incredible ocean views and beach access to one of Malibu's premiere stretches of sand. The first level welcomes you with exposed brick, rustic hardwood floors, high beam ceilings and floor-to-ceiling windows that flood the house with natural light. Cozy up next to the wood burning fireplace before walking outside onto your deep backyard with lush succulent garden. The upstairs features master bedroom, secondary living room punctuated by a wood burning fireplace that opens to an expansive deck with panoramic views of the Pacific. With approximately 50 feet of beach frontage and nearly 2,000 square feet of living space, this property is ready to be turned into your Malibu paradise! The manager has listed the unit size as 1948 square feet.
| |||
| May 28, 2018 | Listed by Compass | $5,950,000 | |
| Listed by Compass | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Western Malibu
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 1 Bath
$6,600 /mo
- 3 Beds
- 1 Bath
- 1,292 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017