$1,100,000
●
House -
For Sale
1553 Penny Road
Topanga, CA 90290
2 Beds
1 Bath
1,000 Ft²
Upcoming Open House
2PM - 4PM, Sun, Nov 8
-
Book now
$5,402
Est. Monthly
About This Property
Escape to this charming 2 bed, 1 bath mountain cabin at the
peaceful end of Penny Road, where cottage character meets big
mountain views. With no through traffic, the setting is quiet,
private, and made for slowing down. Wake up to scenic views, hit
nearby trails for morning hikes, then come home to a cozy retreat
tucked away from it all. An additional storage shed on the property
is perfect for gear, bikes, or tools. Whether you're looking for a
full-time home or a getaway, this cabin delivers. Versatile enough
to suit a variety of lifestyles and income strategies. Live in it,
share it, or both. Your own mountain hideaway awaits.
Unit Size
1,000 Ft²
Days on Market
32 days
Land Size
0.14 acres
Price per sqft
$1,100
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 days ago (CLAW #26996891)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2026 | Listed by Innovate Realty, Inc. | $1,100,000 | |
| Listed by Innovate Realty, Inc. | |||
| Sep 7, 2023 | No longer available | - | |
| No longer available | |||
| Aug 30, 2023 | Listed by Pritchett-Rapf Realtors | $1,399,000 | |
| Listed by Pritchett-Rapf Realtors | |||
| | |||
|
Historic Storybook Cottage loaded with Canyon Charm! Highly Rated Income-Producing Property with Gorgeous Views and High-end Upgrades. Built in 1925 as a Hunter's Retreat, today this Home is Perfect for Entertaining/Relaxing in the Tranquility of the Santa Monica Mountains. Expansive View Decks look out to Lush Cross-Canyon Views & Perfect Sunsets. Large Back Deck is partly shaded with Roll-Down Blinds. Open Kitchen with High Beam Ceilings. Two Cozy Bedrooms with Shade from Towering Oaks. Remodeled Bathroom with Tub/Shower/Upgraded Plumbing & Sink. Detached Accessory Building that would make an Amazing Office/Yoga or Art Studio. A stone's throw from Topanga State Park (Hiking, Biking & Equestrian Trails). Great Mid-Canyon Location with Amazing Privacy, yet just a short drive to the Pacific Ocean or Valley Shops. Norwegian Jotul Heater Stove, Smeg Refrigerator, Fujitsu ductless AC/heat. O The manager has listed the unit size as 1000 square feet.
| |||
| Oct 16, 2017 | Sold | ||
| Sold | |||
| Sep 3, 2017 | Listed by Snyder Sutton Real Estate | $899,000 | |
| Listed by Snyder Sutton Real Estate | |||
| | |||
|
This quintessential Topanga cabin was built in 1925, and is rich with canyon charm. The expansive deck overlooks Topanga State Park, and is perfect for entertaining or relaxing in solitude. A handcrafted pergola shades you and your guests during the day, but provides unobstructed views of the canyon, while setting the scene for a magical show each night as the sun sets. While retaining its charm and character, the home has been updated to today's standards, including an open concept kitchen w/ butcher block counters, remodeled bathroom with tub/shower combo and indoor laundry. Craftsmanship shows with the hand-built 10x12 shop/storage shed that may double as a yoga/art studio. With hardwood flooring throughout, and high ceilings in the living room and kitchen, this home feels inviting and homey. Hiking and biking trails are accessible directly out your front door. Conveinetly located both 10 minutes to the beach and valley shops. If you're looking for a retreat this is it!
| |||
Property Highlights
Fireplace
Parking Details
Has Open Parking
Parking Features: Driveway
Interior Details
Full Bathrooms: 1
Appliances: Dishwasher, Dryer, Washer
Flooring Type: Wood
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Electric, Living Room
Exterior Details
Square Footage: 1000
Square Footage Source: $0
Architectural Style: Cottage
Year Built: 1925
Building Area Total: 1000
Levels: Two
Other Structures: Shed(s)
Pool Features: None
Lot Size Area: 5922
Lot Size Units: Square Feet
Lot Size Acres: 0.136
Lot Size Square Feet: 5922
Utilities Details
Cooling Type: None
Heating Type: Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Topanga
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Listed by: Stefanie Becker, Innovate Realty, Inc.
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 26996891
Last Updated: 4 days ago
Data Source: CRMLS, MLS# 26996891
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