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Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $873 per day and long-term for an average of $8,330 per month, based on similar listings in the area. Estimated short-term cap rate of -1.0%. Estimated long-term cap rate of -4.2%. Located next to the iconic Moonshadows Restaurant, this charming Malibu beachfront sanctuary is ideally situated between Santa Monica and central Malibu. There are 2 bedrooms upstairs (plus an upstairs family room area) and 2.5 bathrooms, boasting one of Malibu's most sought-after coastal panoramas.A welcoming interior designed for relaxation and entertainment, this Big Rock Beach property is a rare end-unit and has unobstructed views of the Santa Monica Bay. A well-appointed kitchen and open dining area flow into a living room and balcony perched over the sea. Additionally, there is an attached garage and carport for storage and parking. Upstairs, the romantic primary suite features an outdoor oceanfront balcony and a luxurious en-suite bath. Down the hallway is an open family room area and a guest suite with a separate bath ensuring privacy for visitors. Outside, multiple decks afford breathtaking ocean views from Point Dume to Catalina Island, including a subterranean patio area ideal for enjoying meals al-fresco amidst the crashing waves. And, only a few steps away, this home enjoys easy access to a beautiful cove and pocket beach - allowing the homeowner and guests easy access to sandy shores. This home encapsulates the essence of beachfront living, blending modern comfort with the timeless allure of old-world Malibu. **This property has a strong history for short-term rentals and could be sold furnished to seamlessly continue the rental income.
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $27257 |
Bedrooms | 2 |
Bathrooms | 3 |
SQFT | 1,490 |
Furnished | unknown |
Year built | 1963 |
Listing Status | Off Market |
MLS | 24-411451 |