37
Map
4240 Avenida De La Encinal
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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by Compass | $5,000,000 | |
| Listed by Compass | |||
| Oct 20, 2025 | Price Decreased |
$5,250,000
↓ $245K
(4.5%) | |
| Price Decreased | |||
| Jul 17, 2025 | Listed | $5,495,000 | |
| Listed | |||
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Perched above the Pacific on a quiet cul-de-sac in western Malibu, this gated Mediterranean Estate offers sweeping, unobstructed ocean and white-water views from Catalina to the Channel Islands - some of the most expansive in Malibu. Surrounded by dramatic rock formations and natural beauty, the property delivers exceptional privacy while remaining close to scenic pocket beaches, top-rated local schools, and the Vintage Gourmet Market. Designed across three distinct levels, the residence features soaring wood-beamed ceilings, wide-plank floors, and walls of glass that fill the interiors with natural light. The expansive living room with cozy fireplace opens to a large ocean-view deck ideal for entertaining or sunset lounging. On a separate level, the family room and formal dining room connect to a gourmet chef's kitchen with curved center island, custom lighting, and premium appliances, along with a trellised ocean-facing deck perfect for indoor-outdoor dining. The primary suite offers curved picture windows, a private ocean-view deck, and a spa-like bath. Three additional bedrooms, a private office, and a studio guest apartment provide flexibility, while a fully equipped guest house with its own ocean-view deck adds valuable additional living or work space. Modern fire-safety infrastructure including a dedicated water storage tank, on-site fire hydrants, and a full sprinkler system enhance peace of mind. With a three-car garage, ample parking, and one of the strongest price-per-square-foot values in its segment, this is a rare opportunity to acquire a substantial Malibu estate that would be extremely costly, if not impossible, to rebuild at this price today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017