1145 APACHE
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 |
|---|---|---|---|
| Jun 23, 2025 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$799,000
↓ $51K
(6%) | |
| Price Decreased | |||
| May 5, 2025 | Listed | $850,000 | |
| Listed | |||
| | |||
|
SERENE VIEW!! For sale, Top O' Topanga, stunning Santa Monica Mountain vista from this beautifully remodeled/rebuilt 1973, 2 bedroom, 2 bathroom + Den/3rd bedroom with enclosed porch at entrance. Lovely wood floors throughout the open floor plan which is built on a permanent earthquake foundation with fee simple land ownership included in the price! (The home is classified as a single family residence with a condominium rider that pertains to ownership of 1/221 share of the common grounds.) New Roof in 2019 as well as extensive remodeling since 10/2020 of kitchen and bathrooms with all new appliances, new copper piping, fully rewired, new hot water unit, new AC recently and Heating, Level 2 EV charger, light and airy vibe. Community amenities include pool, spa, gym, children's playground, library/game-room, car wash area, meditation park, dog park, hiking trails and waste water treatment plant that recycles reclaimed grey water to maintain the common grounds. Charming Topanga shops, dining and art galleries as well as famed Will Geer Theatricum Botanicum outdoor theatre are minutes away. Easy commute to Westside and Santa Monica once Topanga and PCH reopen to all traffic, close to the SF Valley and the new Rams complex currently in development, Calabasas, Malibu, with all amenities of civilization and yet the area is classed as rural, in the heart of LA! Great place to live and an absolute must see!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 28, 2020 | In contract | - | |
| In contract | |||
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About Topanga
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017