3879 ocean front walk
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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 |
|---|---|---|---|
| May 1, 2025 | Listed | $8,495,000 | |
| Listed | |||
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Perfectly positioned on the coveted front row of Mission Beach, this fully reimagined architectural residence captures panoramic ocean views from every level, offering a lifestyle defined by beachfront elegance, thoughtful design, and seamless indoor–outdoor living. Spanning three levels of striking industrial-modern detail, the home is wrapped in floor-to-ceiling sliding glass doors that bring the Pacific into every moment of the day. The main level welcomes you with an open-concept layout anchored by a bespoke chef’s kitchen, featuring a 5-burner range with direct ocean views and a sleek waterfall island. The living and dining areas flow effortlessly to a private ocean-facing patio, where an eight-person hot tub and multiple lounge spaces create a dynamic setting for hosting and relaxation just steps from the boardwalk. The second floor is home to the primary suite, a private retreat with its own ocean-view balcony, freestanding soaking tub positioned for sunset views, curbless walk-in shower, and dual vanities—all finished in refined, spa-like detail. This level also includes two additional bedrooms, two full bathrooms, and a convenient laundry room, offering both function and flexibility for guests or family. The top floor unfolds into a dramatic entertainer’s loft—an indoor-outdoor pavilion where walls of glass vanish, connecting the interior to a sweeping wraparound terrace. With expansive lounge areas and unobstructed coastal vistas, it’s a space designed for effortless gatherings, quiet mornings, and evenings defined by the rhythm of the waves. Designer coastal furnishings, hand-selected to complement the home’s architectural sensibility, are included in the sale. Engineered for coastal living, the home features marine-grade concrete and impact-resistant glass for strength and durability. A fully integrated smart-home system controls lighting, HVAC, audio, and security with ease, while curated accent lighting and backlit hallways set a distinct tone from day to night. Offering a rare level of privacy for a front-row location, the home is flanked by alleyways on both sides, creating a unique sense of space and separation seldom found on the Mission Beach boardwalk. With a two-car garage and two additional off-street spaces, parking is abundant—another rare amenity for this setting. Situated at the intersection of vibrant beach life and elevated design, this extraordinary residence invites you to experience San Diego’s coastline at its most refined.
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| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jun 1, 2017 | Listed by RE/MAX Coastal Properties | $7,200,000 | |
| Listed by RE/MAX Coastal Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017