45
Map
6000 Philip Avenue
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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Douglas Elliman | $7,495,000 | |
| Listed by Douglas Elliman | |||
| Jan 20, 2026 | Listed by Pinnacle Estate Properties | $7,995,000 | |
| Listed by Pinnacle Estate Properties | |||
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Malibu Retreat on Philip Avenue. Tucked away on approximately one acre with ocean views, this 5,966-square-foot estate combines modern sustainability with timeless California living. Designed for comfort and functionality, the property features a main residence and guest house powered by an advanced solar system with Tesla battery backups, ensuring peace of mind and continuous power, even during extended outages. The home was completely rebuilt and renovated in 2008. The exterior walls and eaves of the home are covered in Trespa, a fire-resistant material. In Europe, Trespa is considered fireproof. Interior Highlights- the main level showcases walnut floors, while the lower level is finished in limestone. Expansive bedrooms include large walk-in closets and spa-inspired bathrooms with dual sinks, jacuzzi tubs, and private shower rooms. Automated Lutron lighting, programmable shades, and radiant heating provide both luxury and efficiency throughout. The chef's kitchen is fully equipped with a six-burner Viking gas cooktop, a wok burner, a 30" Viking electric oven, dual dishwashers, multiple refrigerators, and freezers, making it an entertainer's dream. Adjacent, the living spaces feature skylights, electric shades, and seamless indoor-outdoor flow. Exterior & Grounds - Outdoors, a 52-foot heated pool with an electric cover invites year-round enjoyment, complemented by a large Viking BBQ, heated patios, and landscaped vegetable gardens with drip irrigation. A standing seam roof, integrated alarm system, and automated exterior lighting offer durability and security. Guest House - The detached guest house includes its own solar source, electric water heater, radiant heating, and ceiling fans, ensuring complete independence and comfort. Dual laundry rooms, including a garage setup that operates during outages. Custom details include energy-efficient standing seam roofing and a Lutron lighting system. Security lighting is activated by bedside and entryway controls. This Malibu retreat balances modern sustainability with elegant living, making it an ideal sanctuary and just a quick walk to the beach.
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| Sep 15, 2025 | Listed | $7,995,000 | |
| Listed | |||
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Malibu Retreat on Philip Avenue. Tucked away on approximately one acre with ocean views, this 5,966-square-foot estate combines modern sustainability with timeless California living. Designed for comfort and functionality, the property features a main residence and guest house powered by an advanced solar system with Tesla battery backups, ensuring peace of mind and continuous power, even during extended outages. Interior Highlights- the main level showcases walnut floors, while the lower level is finished in limestone. Expansive bedrooms include large walk-in closets and spa-inspired bathrooms with dual sinks, jacuzzi tubs, and private shower rooms. Automated Lutron lighting, programmable shades, and radiant heating provide both luxury and efficiency throughout. The chef's kitchen is fully equipped with a six-burner Viking gas cooktop, a wok burner, a 30" Viking electric oven, dual dishwashers, multiple refrigerators, and freezers, making it an entertainer's dream. Adjacent, the living spaces feature skylights, electric shades, and seamless indoor-outdoor flow. Exterior & Grounds - Outdoors, a 52-foot heated pool with an electric cover invites year-round enjoyment, complemented by a large Viking BBQ, heated patios, and landscaped vegetable gardens with drip irrigation. A standing seam roof, integrated alarm system, and automated exterior lighting offer durability and security. Guest House - The detached guest house includes its own solar source, electric water heater, radiant heating, and ceiling fans, ensuring complete independence and comfort. Dual laundry rooms, including a garage setup that operates during outages. Custom details include energy-efficient standing seam roofing and a Lutron lighting system. Security lighting is activated by bedside and entryway controls. This Malibu retreat balances modern sustainability with elegant living, making it an ideal sanctuary and just a quick walk to the beach.
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About Western Malibu
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017