1610 Wandering Drive
About This Property
The bright dining area, adjacent to the kitchen, is adorned with a chandelier and includes sliding doors leading to the backyard. The gourmet kitchen impresses with a center island, recessed lighting, sleek white shaker cabinets, stainless steel appliances, a built-in refrigerator, and stunning quartz countertops.
Convenience meets functionality with an interior laundry area that boasts built-in cabinetry. Each of the three generously sized bedrooms offers ample closet space and features two large windows for abundant natural light. The master suite includes an en-suite bathroom showcasing designer elements such as dual sinks, oversized mirrors, elegant 4-bulb light fixtures, and a spacious walk-in shower complete with a custom glass enclosure and tiled surround. The guest bathroom is equipped with dual sinks, his and hers mirrors, and a shower/tub combination featuring a tiled surround and custom glass enclosure.
Additional highlights include dual-pane windows, central heating and air conditioning, and a private fenced backyard ideal for entertaining. The property also offers ample parking with a good size driveway and an attached two-car garage. Conveniently located near shopping, downtown Los Angeles, and major freeways, this stunning home won't last long!
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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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by T.N.G. Real Estate Consultants | $1,050,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017