30
Map
12035 Alberta
About This Property
Included in the sale are thoughtfully designed architectural plans for an impressive 2,820 sq. ft., two-story luxury residence featuring 4 spacious bedrooms, 3.5 bathrooms, soaring 10-foot ceilings, and expansive wall-to-wall windows designed to capture abundant natural light and the Southern California lifestyle.
The plans have been designed to maximize the property's building potential under Los Angeles City guidelines while still offering flexibility for a buyer to customize finishes and design elements to suit their personal vision.
An outstanding opportunity for an owner-user, investor, or developer looking to create a custom luxury residence in a desirable Westside location with convenient access to the beach, shopping, dining, and local amenities.
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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 29, 2026 | Listed by Circle Real Estate | $1,069,000 | |
| Listed by Circle Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017