3648 Mcanany Way
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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%.
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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 4, 2026 | Sold | ||
| Sold | |||
| Sep 3, 2026 | Listed by Pinnacle Estate Properties | $1,895,000 | |
| Listed by Pinnacle Estate Properties | |||
| Jul 24, 2025 | Listed | $1,995,000 | |
| Listed | |||
| | |||
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Perched atop the coveted upper section of Big Rock Drive, this exceptional estate parcel offers sweeping, unobstructed ocean and city views stretching from Palos Verdes to Catalina and beyond. Located just minutes from Pacific Coast Highway and the heart of Santa Monica, this Palisades burn-out property presents an incredible opportunity to rebuild a stunning coastal retreat. The expansive lot previously featured a magnificent 6,079 sq ft two-story Mediterranean villa complete with pool, set amidst serene privacy and commanding vistas. Full Army Corps of Engineers Phase 1 and Phase 2 debris removal has been completed and signed off, clearing the path for development. Whether you're envisioning a legacy estate or a bespoke modern masterpiece, this premier location combines convenience, prestige, and breathtaking natural beauty. Motivated sellers present a compelling chance to create something truly extraordinary in one of Malibu's most sought-after neighborhoods.
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| Aug 29, 2018 | Sold | ||
| Sold | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Eastern Malibu
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$4,950 /mo
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- 1 Bath
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$5,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017