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1248 N Wetherly Drive
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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 |
|---|---|---|---|
| Sep 23, 2026 | Listed by The Beverly Hills Estates | $5,795,000 | |
| Listed by The Beverly Hills Estates | |||
| May 13, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | Listed by The Beverly Hills Estates | $5,995,000 | |
| Listed by The Beverly Hills Estates | |||
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Situated on one of the most coveted streets in the Lower Bird Streets, 1248 N Wetherly is a residence that exudes elegance and sophistication. Beyond verdant hedges and a secure gated drive, this 1936 Traditional offers both classic and modern programming as the ideal retreat from the City. Upon entry, you are greeted by an expansive living room and adjoining family room, drenched in natural sunlight. A renovated gourmet kitchen boasts state-of-the-art Wolf appliances, making it a haven for any culinary enthusiast. The main floor also features a powder bath and a dining room that seamlessly opens up to the large, flat backyard, complete with a pool and spa, built-in BBQ, and a generously sized vintage brick patio - ideal for hosting a large-scale or intimate dinner party. The second floor offers two primary suites, each tastefully designed and meticulously appointed, in addition to a third ensuite bedroom, complete with a private outdoor patio overlooking the pool. While nestled North of Sunset, you are just a short stroll down to The Edition, Soho House, Bird Streets Club, and many more.
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| Oct 25, 2019 | Sold | ||
| Sold | |||
| Aug 20, 2019 | Listed by Douglas Elliman | $4,280,000 | |
| Listed by Douglas Elliman | |||
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Bringing Nantucket to Los Angeles with this light, bright and welcoming home. Tucked behind the gated drive you enter into your own private estate like setting where you'll find an elegant gem. Through the doors you're transported into a truly chic European inspired whimsical sanctuary. Wolf and Subzero appliances are the appointments to the beautifully designed Carrara marble lined kitchen. The indoor/outdoor living space is perfect for entertaining small parties or large private events. Lounge by the pool that's drenched with both sun and shade; it's your own private, peaceful space. Envisioned by the current owners, improvements include wide plank, french oak flooring, fully remodeled kitchen, updated bathrooms, along with design elements that make this a true tailored masterpiece. Hedged, fenced and gated provides privacy for this hidden showpiece that radiates swank.
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017