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934 1st Street
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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%.
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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 |
|---|---|---|---|
| Mar 20, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Listed by Douglas Elliman of California, Inc. | $15,249,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| Aug 18, 2025 | Listed | $15,995,000 | |
| Listed | |||
| | |||
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Welcome to 934 1st Street - an extraordinary architectural retreat perched in the heart of Manhattan Beach. With panoramic ocean views, refined design, and thoughtful functionality, this newly reimagined estate offers the ultimate Southern California lifestyle. Behind a bold facade of wood, glass, and brick, the home opens to light-filled interiors with soaring ceilings, wide-plank oak floors, and seamless indoor-outdoor flow. The main level features expansive living and dining areas, a chef's kitchen, and walls of glass that open to an entertainer's dream yard, complete with a sleek zero-edge pool, spa, and multiple lounge areas set against a sparkling ocean backdrop. Six bedrooms include a tranquil primary suite with a private view terrace, spa-like bath, and dual walk-in closets. A separate guest suite offers privacy and flexibility, while the lower level boasts a rare collector's garage with room for up to 15 vehicles. Designed for modern living with timeless appeal, this custom residence blends bold materials, curated finishes, and coastal sophistication - just blocks from the sand, Strand, and downtown Manhattan Beach.
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| May 27, 2025 | Listed | $16,495,000 | |
| Listed | |||
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Welcome to 934 1st Street - an extraordinary architectural retreat perched in the heart of Manhattan Beach. With panoramic ocean views, refined design, and thoughtful functionality, this newly reimagined estate offers the ultimate Southern California lifestyle. Behind a bold facade of wood, glass, and brick, the home opens to light-filled interiors with soaring ceilings, wide-plank oak floors, and seamless indoor-outdoor flow. The main level features expansive living and dining areas, a chef's kitchen, and walls of glass that open to an entertainer's dream yard, complete with a sleek zero-edge pool, spa, and multiple lounge areas set against a sparkling ocean backdrop. Six bedrooms include a tranquil primary suite with a private view terrace, spa-like bath, and dual walk-in closets. A separate guest suite offers privacy and flexibility, while the lower level boasts a rare collector's garage with room for up to 15 vehicles. Designed for modern living with timeless appeal, this custom residence blends bold materials, curated finishes, and coastal sophistication - just blocks from the sand, Strand, and downtown Manhattan Beach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017