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35581 Beach Road
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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 |
|---|---|---|---|
| Aug 26, 2026 | Listed by Rodeo Realty | $5,495,000 | |
| Listed by Rodeo Realty | |||
| Apr 15, 2025 | Listed | $5,250,000 | |
| Listed | |||
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An extraordinary opportunity to own a true beachfront property in the exclusive guard-gated community of Beach Road—one of the few enclaves in California offering a private beach. This 4-bedroom, 4-bath home sits directly on the sand with panoramic ocean views from the main living areas on both levels. A rare original seawall protects a wide sandy beach directly in front of the property, paired with an expansive patio—together creating the epitome of outdoor coastal living that few homes on Beach Road can rival. Thoughtfully designed for turn-key enjoyment, the home features Carrara marble waterfall countertops, Miele and Bosch appliances, teak and shiplap accents, and seamless indoor-outdoor flow. The open kitchen, dining, and living areas extend to a generous beachfront patio—perfect for hosting, lounging, or simply soaking in the views. Upstairs, a spacious great room opens to a private balcony, while the rooftop deck, framed by a Mediterranean garden, offers yet another serene setting for entertaining or unwinding. Two bedrooms feature ensuite baths, with two bedrooms located on each level. Select bathrooms retain beautifully preserved vintage 1950s tile, adding character and charm. Recent upgrades include new air conditioning and a fully updated electrical system. The property also includes two single-car garages and two additional parking spaces on the railroad side of the road. This home holds an active short-term rental (STR) permit, and a new owner may apply to continue use as a STR investment property (subject to city approval). Furnishings are negotiable. This is a rare opportunity to own a thoughtfully upgraded beachfront home in one of Southern California’s only private beach communities—offering unmatched outdoor space, protected sand frontage, and an unbeatable oceanfront lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017