23
Map
5936 Busch Drive
About This Property
Listed By
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 |
|---|---|---|---|
| Oct 9, 2026 | Price Decreased |
$1,895,000
↓ $350K
(15.6%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Compass | $2,245,000 | |
| Listed by Compass | |||
| Apr 9, 2025 | Listed | $2,575,000 | |
| Listed | |||
| | |||
|
With sweeping ocean views, huge decks, and a fabulous ocean-view infinity pool, this sensational Malibu Park property is the perfect setting for easy living. The modern 4 bed/bath 3700sf planned home is fully RTI and ready to begin building/grading within days of request. The property is located at the end of a long private drive, with abundant privacy and yet just three minutes from Pacific Coast Highway, Zuma Beach, shopping, trails and more. The beautiful modern architectural is planned to have a large great room on the main floor, including a gourmet kitchen, dining, and living area surrounded by panoramic ocean views. Just outside the great room is levels of cascading decks and patios with easy access to a beautiful infinity pool, Zen garden, and entertaining area. Above on the second floor, is a secondary bedroom, a family room/gym and master bedroom leading to an expansive deck absorbed by the views. The property has a flat pad making for an easy and accessible build. Property is located at the end of the Cul De Sac on Little Busch, a private drive situated off of Busch Drive.
| |||
| Apr 26, 2024 | No longer available | - | |
| No longer available | |||
| Jul 15, 2023 | Listed by Compass | $2,575,000 | |
| Listed by Compass | |||
| | |||
|
With sweeping ocean views, huge decks, and a fabulous ocean-view infinity pool, this sensational Malibu Park property is a lovely setting for easy living and lively entertaining. The parcel of approximately .92 acre is located at the end of a long private drive, with abundant privacy and yet just three minutes from Pacific Coast Highway, Zuma Beach, and all the shopping and dining amenities of Point Dume. The home is a short distance from Malibu High and has numerous hiking and horseback trails just nearby. The property is complete with approved plans for a beautiful four-bedroom architectural residence. An enormous great room with living, dining, and kitchen areas opens to an expansive view deck with ample room for al fresco dining, entertaining, lounging, and star gazing. From the deck, steps lead down to the pool and pool deck, plus generous lawns that wrap around the house and offer many options for relaxing, gardening, and recreation. Another deck runs the full width of the upper floor, with more room for lounging, yoga, and simply enjoying the magnificent scenery. With approved plans ready to submit upon completion, the property is a fire rebuild with Planning Approval currently in Administrative Plan Review (APR).
| |||
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
$8,500 /mo
- 2 Beds
- 2 Baths
- 967 ft²
$8,500 /mo
- 2 Beds
- 2 Baths
- 876 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017