1122 Berkeley Drive
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%.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Listed by Keller Williams Realty Los Feliz | $1,195,000 | |
| Listed by Keller Williams Realty Los Feliz | |||
| Oct 18, 2025 | Price Decreased |
$1,274,472
↓ $21K
(1.6%) | |
| Price Decreased | |||
| Oct 5, 2025 | Price Increased |
$1,295,592
↑ $146K
(12.7%) | |
| Price Increased | |||
| Sep 24, 2025 | Listed | $1,149,941 | |
| Listed | |||
| | |||
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Welcome to this classic California Spanish Revival home in Adams Hills.
Drama begins with the wide staircase that leads to this masterfully cared-for beauty. As you ascend, breathtaking views open up- the Verdugo Hills, twinkling city lights, and distant mountains.
Inside, graceful archways frame the entries and hallways, while abundant French doors and Spanish-style windows bathe the interiors in natural light. Pure walnut floors add timeless richness underfoot, while original Wallace Neff lighting fixtures cast a warm, historic glow. Step outside to 600 square feet of wraparound decks with multiple spaces for entertaining or quiet retreat.
The expansive primary suite offers generous built-in closets and drawers, plus a luxurious en suite walk-in closet. The kitchen is a chef's dream, featuring a Lacanche stove with both gas and electric ovens, alongside a Bosch refrigerator and dishwasher.
Recent updates - electrical, HVAC, and insulation - ensure modern comfort, while a freshly painted exterior makes the home sparkle. With total privacy, no cars in sight, and sunshine streaming throughout, this is truly a slice of heaven.
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About Adams Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017